This spring, corecubed added to its resident talent in response to increased business, but also to exceed desired client outcomes and to continue on the winning path that has been 2011 so far. As we’ve been successful at recently expanding our staff, I came across an interesting blog from The HR Technologist that suggests the country is approaching a talent shortage—which seems impossible with layoffs reported almost daily, right? However, some data supports three projected realities that business owners may soon have to face.
It’s no secret, baby boomers are rapidly exiting the workforce, and millennials are entering the scene at a pace double that. Lacking experience and armed with different skills, the next generation of workers is thought to be approaching a divided labor force, and it may be difficult for employers to fill the gaps left by retirees. Sometimes greatness is thrust upon us! Additionally, with the changing demographics and immigration statistics, the percentage of the U.S. working population with at least some college experience is expected to decline, and a study by McKinsey & Company called The Next Revolution in Interactions implies jobs and the nature of our work are changing as well. To read more about these findings, check out The HR Technologist’s recent post here. Will this forecasted talent trend be another blow to our economy?
I believe by now, Americans are accustomed to the unstable job market, and America’s future workers are being groomed by example to set themselves apart. Let’s hope this HR industry insider is just preparing for the worst. What do you think? Also, please share your reliable recruiting tips—do you conduct personality tests, background checks, etc.?