Nick Corcodilos, a headhunter and author of numerous books on job hunting, including his latest Fearless Job Hunting, wrote a bit of a rant in his newsletter, titled Employment In America: WTF is going on?
The emperor still has no clothes, and that’s why over 25 million Americans are unemployed or under-employed. (According to PBS NewsHour, that’s how many Americans say they want but can’t find a full time job.) Meanwhile, according to the U.S. Department of Labor, there are about 3.9 million jobs vacant.
HR executives have a special term for this 6:1 market advantage when they’re trying to fill jobs today: They call it a “talent shortage.”
Gimme a break.
A break, indeed. Many businesses that struggle to find employees would state that while there are plenty of people, there are not plenty of people who can do the jobs that need to be done. For instance, we hear often about a shortage of workers in the STEM (science, technology, engineering, and math) fields, along with a plea for more H1B visas, which would let companies bring in workers from overseas to fill these jobs. It sounds convincing–don’t we need more people in these fields?
To keep reading, click here: There’s Not a Talent Shortage. You Just Stink at Hiring