Talent Gap Affecting Companies: CareerBuilder Survey Reveals Companies Deprived of Almost $1 Million Yearly in America



CHICAGO and ATLANTA, April 13 it’s one of the most worrying fiscal enigmas of present times: Why can't companies find employees to fill their positions when almost 7.5 million1 Americans are jobless, and millions more are employed temporarily since they can't obtain permanent positions or have stopped searching for job totally? As stated by a new CareerBuilder review, approximately 60 percent of U.S. companies have job opportunities that continue to be available for 12 weeks or longer. The normal cost HR managers reveal they suffer for having protracted job openings is over $800,000 yearly.

CareerBuilder's newest reviews on the influences of the talents gap on the U.S. labor market were accomplished online by Harris Poll from November 16 to December 6, 2016 and February 16 to March 9, 2017. These surveys comprised archetypal samples of 2,391 and 2,380 companies, correspondingly, and 3,411 and 3,215 employees, correspondingly, throughout all businesses in the private segment.

As stated by the study, 68 percent of companies who stated they were boosting their number of full-time, permanent workers in the first quarter (Jan.1-March 31, 2017) presently have available openings for which they cannot obtain competent applicants. This is regular throughout company sizes with bigger enterprises – which have a tendency to have additional job openings overall:

1-50 workers: 49 percent, 51-250 workers: 74 percent, 251-500 workers: 72 percent, 501+ workers: 71 percent.

"The gap between the number of jobs posted each month and the number of people hired is growing larger as employers struggle to find candidates to fill positions at all levels within their organizations," revealed Matt Ferguson, CEO of CareerBuilder and co-author of The Talent Equation, adding, "There's a significant supply and demand imbalance in the marketplace, and it's becoming nearly a million-dollar problem for companies."

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