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Tackling the Problematic Labor Skills Gap [Infographic]

A large numbers of employers today are faced with vacant positions, but not enough skilled applicants. A growing number of experts in this field are pointing to a phenomenon known as the Skills Gap. It's imperative that corporate leaders, educators, and business managers identify the causes behind this gap and take steps to apply solutions as the problem is visibly increasing. In fact, the gap between the number of job openings and qualified applicants is growing in spite of scores of unemployed workers. What is the main problem? It isn't that people don't have an education, but that they don't have the right education.

The Paradox of High Unemployment and a War For Talent Continues.

Many interesting statistics illustrate this troubling situation. About one third of small business owners find that they have unfilled positions because applicants did not meet the appropriate qualifications. Almost half of today's workforce felt that their college degree does not relate to the job position that they currently hold. A large number of HR professionals note marked deficiencies when it comes to skills including math, reading comprehension, problem-solving, and written communication, but these aren't the only area where skills are lacking. Employers in vocational industries require job applicants with specific skill sets and the current educational system is not meeting those needs.

Educational Institutions Are Out of Sync With Employer Needs.

A number of corporate professionals point to the education system, saying that it has failed to provide students with the skills necessary to build a strong workforce. Educators often respond with an argument that the financial investment in education is not equal to the requirements expected of them. Many concerned parents will point to a trend among students to disrespect teachers and education as a whole.

One issue that isn't addressed as often is the gap between those with wealth and those who are considered poor workers. Those behind this idea suggest that fewer people are able to afford the education they need to compete in the job market. No matter where the blame falls, however, one thing is clear; a solution is required.

Students Don't Perceive That Traditional Education Methods Drive Job Skills.

One suggested solution is to improve adult education services. Proponents of this plan suggest that workforce training programs could be backed by vested employers, secondary schools, government at all levels, and community foundations. Supporters of this plan suggest that this should be considered an investment in the economy and the country's future.

Another suggestion is geared toward those who are seeking jobs. These individuals are encouraged to look for positions that provide on-the-job-training, sacrificing salary in the short run, for a payoff in experience. Plan supporters do point to the importance of corporate HR managers creating situations where employees have the opportunity to learn as they go and benefit from opportunities to grow within the workplace.

Bottom Line: Skills Matter, and it's Hard to Get Them

Another idea points out the need for intensive training programs that prepare prospective applicants with the specific skills necessary for those positions that are currently remaining vacant. One thing is clear; without some type of solution, upcoming generations of workers will not have the qualifications they need to fill technical and vital job positions. People and families in all walks of life might easily feel the effect that this could have on the economy. Use the following infographic to track the phenomenon further and to more fully understand the complex situation at hand. (Source)

Lack of Skilled Workers