Despite Potential Downturn, Employers Report Skills Shortages, Job Openings. Labor Day Resolution: Update Skills
Despite some indicators pointing to a potential downturn, such as the slowdown in manufacturing and automotive, lower business investment, and waning market confidence, the labor market remains tight and companies everywhere are looking to attract and hire talent. This Labor Day, job seekers would be wise to map out a way to update their skills to align with the current skills shortage, according to one workplace authority.
“The labor market remains tight and employers are reporting skills shortages in almost every area, including STEM, data analytics, human resources, finance, and operations. Job seekers have opportunities if they can make their case to employers,” said Andrew Challenger, Vice President of global outplacement and executive and business coaching firm Challenger, Gray & Christmas, Inc.