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ManpowerGroup released their 10th annual Talent Shortage Survey last week and the percentage of employers experiencing difficulties filling job vacancies due to talent shortages continued to rise.

Forty-three percent of U.S. employers say talent shortages are having a negative impact on their ability to meet client needs. Consequences include reduced competitiveness and productivity (41%), increased employee turnover (32%), higher compensation costs (32%), and reduced employee engagement/morale (32%).

When asked why they are struggling to fill certain jobs, employers cite a lack of applicants (33%), lack of experience (19%), and lack of technical competencies or hard skills (17%). Technical competencies employers seek include industry-specific professional qualifications (7%) and trade certifications (7%).

For the sixth consecutive year, skilled trade vacancies are the hardest to fill in the U.S., and for the fourth consecutive year, skilled trade roles are the hardest to fill globally. Also on the list of hardest to fill jobs in the U.S. are drivers, teachers, sales representatives, administrative professionals, management/executives, nurses, technicians, accounting and finance staff, and engineers.

For more information and to read the full results go to: http://www.manpowergroup.us/campaigns/talent-shortage-2015/ or download the whitepaper by clicking here.

Source:  ManpowerGroup.com