41% of Employers Suffering Loss of Productivity Due to Difficulty Hiring for I.T., Sales, Engineering, Other Positions

Matt Ferguson, CEO of Careerbuilder

The growing deficit of skilled labor needed to fill in-demand jobs is causing a drag on employers across the globe. A significant number of employers in the ten largest world economies said that extended job vacancies have resulted in lower revenue and productivity and the inability to grow their businesses. Employers in China were the most likely to report having open positions they cannot fill and corresponding negative effects on their company performance. Russia houses the largest percentage of employers reporting a revenue shortfall tied to extended job vacancies while the U.S. is among those most likely to report a productivity loss. Japan ranked high among those who said the inability to find skilled talent has impeded expansion of their businesses.

The global CareerBuilder survey, conducted online by Harris Interactive^© from November 1 to November 30, 2012, included more than 6,000 hiring managers and human resource professionals in countries with the largest gross domestic product.

“The inability to fill high skill jobs can have an adverse ripple effect, hindering the creation of lower-skilled positions, company performance and economic expansion,” said Matt Ferguson, CEO of CareerBuilder. “Major world economies are feeling the effects of this in technology, healthcare, production and other key areas. The study underlines how critical it is for the government, private sector and educational institutions to work together to prepare and reskill workers for opportunities that can help move the needle on employment and economic growth.” Continue Reading

The United States vs. China: Are Technology Needs Being Met?

One on one, see how the United States and China feel about their students technology needs being met in the following infographic. Continue Reading

China Emerges as a Dominant Force in Written English

English teacher at the board writing. Photo courtesy of Shutterstock.

American students lag behind their global peers in a subject where they should have an advantage – written English.

Two billion people worldwide are learning English, from China especially. On track as the world’s largest English-speaking country, China demonstrates an unsurpassed intensity to learn the language of business and information.

China seems to recognize what the United States seems to have forgotten: English is the language of opportunity and must be mastered. Human beings are now part of a global conversation. English is the language of problem-solving; it represents hope for a better future. Continue Reading

Optimism By Employers: India Most and Italy Least

Matt Ferguson, CEO of Careerbuilder

A new job forecast for the 10 largest world economies tells a tale of both confidence and caution. Brazil and India are voicing the greatest confidence with more than two-thirds of employers in these markets planning to add full-time, permanent headcount in 2013. Italy is the least optimistic, housing more employers who expect to decrease staff than those who expect to hire.

“The job outlook presents varying degrees of growth and deceleration as governments and businesses strive to rebuild and expand and deal with large deficits,” said Matt Ferguson, CEO of CareerBuilder. “Hiring activity in the BRIC countries (Brazil, Russia, India and China) is projected to be significantly higher than other markets while recruitment in Europe remains sluggish as leaders struggle to resolve a debt crisis that has global implications. The overall hiring picture is improving, but companies will remain watchful as they navigate headwinds and maneuver through somewhat precarious economic terrain.” Continue Reading

The future of student enrollment – Five Predictions: #5

The following post offers the fifth prediction on how student enrollment will change in the future for colleges and universities.

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The future of student enrollment – Five Predictions: #5

American universities and their college admissions process are unique

Have you ever thought about how different the college admission process is in another country in contrast to the U.S.?  The following post demonstrates the requirements of an American student and an international student.

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American universities and their college admissions process are unique

On the Day the iPhone 5 is Announced, Remember Those Who Make Them

In the ongoing debate about globalization, what’s been missing is the voices of workers — the millions of people who migrate to factories in China and other emerging countries to make goods sold all over the world. Reporter Leslie T. Chang sought out women who work in one of China’s booming megacities, and tells their stories.

In her reporting and writing, Leslie T. Chang explores the lives of workers in China, focusing on the experience of women. Some of those experiences are horrible and some are positive. In the words of Esther Hartwig, “I read her book ‘Factory Girls‘ a couple of years ago and thought it was great, definitely an eye-opener. You can’t compare our view on factory work to their view; they come from a different place, they have a different background and a different mentality. From what I understood, they are brave, hard-working and independent people, and they have a plan. I hadn’t thought of Chinese factory workers as much more than people who work under horrible conditions, but after reading the book and being introduced to different aspects of their lives and what they have to say about it, I think I have a better understanding now and surely a lot of respect.” Continue Reading

Growing Market Overseas, More Jobs at Home

There have been several stories in the media recently about GE and China. Many of them have distorted the facts about the nature of GE’s business in China and especially the impact of that business on jobs here at home. The truth is that expanding into new markets and selling to more customers—whether in China or any other large, growing international market—means more GE jobs in the U.S., now and in the future. Continue Reading