Emonics LLC’s Post

#StrategicMove Decision-makers must take measures to address 𝒕𝒉𝒆 𝒄𝒖𝒓𝒓𝒆𝒏𝒕 𝒔𝒉𝒐𝒓𝒕𝒂𝒈𝒆 𝒐𝒇 𝒔𝒖𝒑𝒑𝒍𝒚 𝒄𝒉𝒂𝒊𝒏 𝒂𝒏𝒅 𝒍𝒐𝒈𝒊𝒔𝒕𝒊𝒄𝒔 𝒑𝒓𝒐𝒇𝒆𝒔𝒔𝒊𝒐𝒏𝒂𝒍𝒔. 𝐅𝐢𝐫𝐬𝐭, investing in technology for non-value-added and repetitive tasks, freeing up workers for higher-value activities. 𝐒𝐞𝐜𝐨𝐧𝐝 competitive compensation packages like on-the-job training compensation for education and flexible work arrangements to retain talent and develop organizational skills. 𝐓𝐡𝐢𝐫𝐝, strategic partnerships with educational institutions should be formed to assist recruitment efforts and open alternative talent sources, such as immigrants and people with disabilities. https://lnkd.in/ghiRxn-7

EMPLOYMENT RESEARCH BRIEF: DECEMBER 2023 Non-cyclical and strike-impacted sectors log modest job creation. Last month welcomed 199,000 new positions as the labor market continued to exhibit resilience. Still, November’s headline number fell a fair bit below the trailing 12-month average of 240,000 roles as hiring velocity slows. While the overall growth eased back, hiring was still aggressive in non-cyclical sectors like health care and government, as well as in industries affected by recent labor disruptions, like manufacturing. Health care led in hiring last month with an above-average 77,000 added jobs. The 30,000 new positions in motor vehicles and parts manufacturing largely reflected the return of workers from strikes.

https://lnkd.in/gHuAntQw Great US Chamber Report - Fine grain details on labor shortages, where they are, and understanding what is behind the statistics. Clearly what gets reported in the daily microcosm is actually part of a monumental shift in work, jobs and qualifications. This is an unprecedented historical economic shift where people are increasingly needed with skills in jobs that cannot be automated. History will record this period in post-industrial America as one where specific know-how is needed across the economy and in government, providing returns that exceed the generic college degree. Yet all the pundits, workforce gurus, education systems and employers are not moving the needle in re-characterizing the response. More money to the regions to shift people to skills-based certification will not solve the problems fast enough without specific technology and support for innovation. Innovation in "human capital infrastructure" needs to evolve to organize the chain of institutions, agencies, economic development organizations and nonprofit to service labor-shortage and labor-type problems like other large-scale infrastructure issues - roads and bridges, power grid, water regulation, emergency climate response and healthcare. This human capital infrastructure needs to start the re-orientation of about jobs, carers, college and work in schools. In fact, this is one of the key things schools should be doing today and doing beyond a handful of CTE programs. Growing future employees regionally is the best hedge against the labor shortage churn. In response, the opportunity marketplace newcomer www.GoEducate.com is focusing its human capital marketplace on early talent development and placement to jumpstart building dedicated pipelines to fill high demand jobs. #workandlearn #workforcedevelopment #talentdevelopment #communitycolleges #provosts #economicdevelopment #strada #lumina #USChamber #ASU-GSV #OECD #hiring #unemployment #skillsbasedhiring #skillsgap #collegeenrollments #CTE #innovation #nonprofit #technology #education #development #infrastructure #schools

5 Ways to Cope with Job Loss during an Economic Crisis Error, database insert failed #Copingstrategies #Economiccrisis #Jobloss

Promoting #LaborMarket mobility among job seekers can backfire: New research highlights unexpected pitfalls and offers insights for more effective policies

This past year has brought a host of challenges and changes to workplaces all across the country. New Reports from the Federal Reserve, however, seem to suggest that things may be leveling out as layoffs and unfilled openings have begun to reel back since March. Read more here: https://lnkd.in/d3XUUFw2 #environmentalscience #environmentalscientists #recruiter #consultants #rigsbysearchgroup #rigsbysearch #environment #engineer #sustainability #energy #nature #climatechange #ecofriendly #savetheplanet #zerowaste #gogreen #recycle #green #sustainableliving #teammember #engineer #conference #consultant #cleanenergy #sponsor #ecology #marketing #intern #lsrp #welcome

Diving into the labor gap crisis with insightful data from the U.S. Chamber of Commerce report. Let's rethink recruitment strategies for our evolving job market. #LaborShortage #InnovationInRecruitment

What’s crazy is that according to a 2024 report from the US Chamber of Commerce, companies across nearly every state are facing unprecedented challenges trying to find enough workers to fill open jobs (9.5 million job openings but only 6.5 million unemployed workers!) Yet at rocket50, we hear every day how difficult it is for highly qualified candiates with years of experience to get a job!! There is a serious disconnect here and unless companies change their mindset and approach to hiring older people, America is going to lose the its place in the world as a global competitor. What are your ideas on how to get companies to change their approach to hiring older workers?? rocket50.io Christian Jerusalem Dave Beasley #futurework #careers #jobsearchover50 https://lnkd.in/g9wfkB8X

🚨 WE FACE A MASSIVE LABOR GAP Even with every skilled unemployed worker employed, millions of jobs would still remain unfilled 📊 The Data: Labor Force Participation: 62.5% Workers Shortfall: 2.2M since Feb 2020 Open Jobs: 8.8M Unemployed: 6.3M 💡 The Insight: Despite the number of open jobs exceeding unemployed individuals, there's a significant gap in workforce fulfillment. This calls for a departure from traditional recruitment methods. 🚀 The Solution: Embracing technologies like virtual job simulations, we can assess a candidate's practical skills beyond their resume, tailoring our workforce to the evolving job market needs. 👁️🗨️ Expert Insight: Check out what Maya Huber had to say about the U.S. Chamber of Commerce report. #LaborShortage #InnovativeRecruitment #FutureOfWork #HRtech

From the Learning and Work Institute this month, an arresting figure, as the latest ONS labour force data shows 1.8 million people want a job. The chart below shows that whilst job vacancies have dipped a little since January, there are still close to 1 million jobs left unfilled, with high numbers of economically inactive people wanting a job. We are convinced that with better and more targeted support, led by social housing and in partnership with other local organisations, more could be done to support people into meaningful, lasting employment. Full analysis here: https://lnkd.in/ekr35DR2 #FuturethatWorks