Tagged: unemployment

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We Are Becoming A PowerSkills Economy

Everyone keeps talking about the economy these days. Interest rates are rising, inflation feels out of control, and there’s a hint of recession in the air. Yet job growth remains strong and unemployment is low. What’s really going on?

After years of study and hundreds of conversations with business leaders, I’ve come to a ... Read more»

The Confusing Job Market: CEOs and CHROs Seem Baffled

We have entered one of the most confusing job markets in decades. While the unemployment rate continues to drop (3.5% here, 2.4% in Japan), companies are also worried about the slowdown. So they’re “hiring” and “laying off” simultaneously. What a confusing time.

Consider the following data, taken from a recent PWC pulse survey among ... Read more»

What’s Happening With Unemployment? Unfortunately, It’s Pretty Hard To Tell.

We all know the unemployment rate is very high. Overall nearly 40 million Americans have filed for unemployment this year (roughly 1/4 of the workforce), and while some have gone back to work, most stores and offices are still not fully open. But it’s important to know the “rate,” because policymakers and business leaders ... Read more»

We’re Running Out Of Workers. Now What Do We Do?

In all my years as a working professional, I’ve never lived in an economy where “there are not enough workers.” But that’s where we are.

For the next ten years, the term “shortage of talent” is going to be one of the most important topics in business.

Consider a few striking statistics:

  • The fertility rate
... Read more»
Business’s Role in Educating our Workforce

Business’s Role in Educating our Workforce

Despite the uptick in business optimism from our mid-year TalentWatch® report, the US economy continues to be slow. This month we learned that there are 14.5 million Americans looking for work and 1.4 million of them have been out of work for more than two years.  And the Labor Department just revised last year’s ... Read more»