New York Times (June 16)
2013/ 06/ 16 by jd in Global News
“The biggest problem in the labor market is not a skills shortage; rather, it is a persistently weak economy where businesses do not have sufficient demand to justify adding employees.” There is no shortage of skilled workers, but businesses haven’t been trying very hard to recruit them. Recruiting intensity “has been low in this recovery. Employers may be posting openings, but they are not trying all that hard to fill them, say, by increasing job ads or offering better pay packages.”
Tags: Economy, Job ads, Labor market, Pay packages, Recruiting intensity, Skills shortage, U.S.
