How well your business responds to the widening talent gap and talent shortages will be critical to your growth in the months and years ahead. augmented reality (AR) and virtual reality (VR)ĩ. user interface/experience design (UI/UX) artificial intelligence (AI) and machine learning (ML)Ģ.
This report highlights nine in-demand skills and provides intelligence on six factors impacting talent acquisition for each skill in each market, including: the potential candidate supply pool, market competitiveness, the target industries you’re competing with, total work experience breakdowns, education backgrounds and compensation.ġ. We know there are many factors that impact how and from where you source talent: cost, skills, availability, cultural fit, diversity goals and more. The equilibrium between supply and demand in these places during the past 18 months has been highly dynamic, as wage inflation has impacted all of the skills we have profiled here. also among leading economies with these in-demand skills. leads in most categories, with India, China and the U.K. Our Global Future In-Demand Skills research spans 26 markets around the globe, and it is clear where talent is most concentrated: the U.S. How can you recruit the best people for your organization? Still, the proliferation of online talent marketplaces, a lowering of geographic barriers, and flexible jobs and schedules are helping to alleviate the skills gap for some organizations. Our " Global future in-demand skills" research affirms that the explosive growth in the internet of things, block chain, cybersecurity, data science and other applications has led to unprecedented demand for talent.Īlthough the wide adoption of remote working has broadened the talent pool for many companies, access to global talent is still prohibitive for many businesses due to taxation and local employment laws. For human capital leaders, this has become a double-edged sword: on one hand, more students are seeking careers in these fields on the other, more businesses are competing for these individuals. And ZDNet reports that 57% of cybersecurity professionals say a shortage of cybersecurity skills is affecting their organization.Īccording to Information Week, competition for skilled IT workers has never been more heated. Our research affirms that the explosive growth in the internet of things, block chain, cybersecurity, data science and other applications has led to unprecedented demand for talent.
In October 2021, Google launched a new program to get 40 million people trained in Google Cloud skills. job postings for AI professionals nearly doubled.
For instance, the Wall Street Journal reports that from November of 2020 to March of this year, the number of U.S. In examining the top skills in demand today, little has changed since the start of the pandemic if anything, the need has simply become more urgent.īoth economic data and recent corporate initiatives underscore the growing skills gap. Even though talent scarcity is occurring across more skill sets than before the pandemic, the problem continues to be most pronounced in the IT and emerging technology specialties - driven in part by rising demand for those services and products. The skills gap for in-demand skills has been growing for years, but the acceleration of digitalization across all sectors during the pandemic has made that gap wider. Create a successful talent strategy with unique market insights
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