70% of the world’s companies have a hard time finding employees – it’s not just an American problem

70% of the world’s companies have a hard time finding employees – it’s not just an American problem

You might think that the United States is the only country that has problems with hiring staff, but it is not, this problem is widespread throughout the world

Photo: Jorge Macías / Impremedia

Contrary to what one might think, the issue of the shortage of employees is not an issue that is only affecting the United States, since also developing countries or emerging economies such as Mexico are struggling to fill the vacancies left by the impact of the pandemic.

According to a report by the employment services provider Manpower, almost 70% of employers worldwide are having difficulty filling vacancies, a situation that I was able to put into context how the consequences of the pandemic have been for companies .

According to the firm, 15 markets around the world, including the United States, reported that their hiring outlook is the highest since the survey began in 1962. According to the report, the United States, Canada and India are among the countries that have some of the strongest hiring prospects.

Manpower detailed that to combat staff shortages, about 67% of employers are offering more flexibility with work schedules and are more lenient about where work is done. About 41% are investing in training, skills development and mentoring.

Employers in the United States, as well as those in Canada and Mexico, have the strongest hiring intentions. All 12 industry sectors in the United States reported having “hiring intentions at ten-year highs” with plans to bring workers back after the pandemic.

After releasing the report, Manpower CEO Jonas Prizing explained that “this recovery is unlike any we have seen before, as hiring intent accelerated much faster than after the previous economic recession ”.

Additionally, Prizing reported that the company is seeing sharp increases in hiring optimism as “vaccine launches gain momentum and lockdown restrictions are eased in many markets,” not just the United States.

But fears remain around the virus and the recent increase in cases driven by the Delta variant of Covid-19 that have stifled hiring plans in many countries, which has prevented the economic recovery from consolidating throughout the world.

“Some workers are hesitant to re-engage with employers as factors including health issues and childcare issues continue,” Prizing added. As the talent shortage continues, companies will continue to prioritize “retaining and training workers with the skills they need to be successful as the economic recovery continues,” he said.

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