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How Bad Is the Skills Shortage? 10 Data Points That Tell the Full Story

Vervoe

A recruiter reached out to me on LinkedIn last week to ask if I’d interview for their content manager role. Researchers expect an 85 million person shortage by 2030 — equivalent to the current Turkish population. trillion loss in potential annual revenue in 2030. At the current rate, there’ll be 85 million unfilled jobs by 2030.

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9 Benefits of Employee Development

Linkedin Talent Blog

Investing in learning programs can help your organization and team members enjoy the many benefits of employee development. Addressing skills gaps and future-proofing your organization Skill sets for jobs have changed by around 25% since 2015 and this number is expected to grow to 65% by 2030.

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Elevate Your Tech Team with These 4 Free Soft-Skills Courses

Linkedin Talent Blog

Skills are evolving more quickly than ever, especially for tech pros According to LinkedIn’s recent report AI at Work , the skills required for many jobs have changed by 25% since 2015 and that number is expected to reach at least 65% by 2030, in part because of the rapid development of new technologies like generative AI.

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Tips for Overcoming Hiring Challenges in the Global IT Industry

Recruiting Daily

Consider this: by 2030, a projected global human talent shortage of 85 million people could result in about $8.5 And although your competitors may be able to offer candidates higher salaries or better benefits, this doesn’t automatically mean your organization is out of the running. . Develop Employer Brand and Showcase Culture .

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4 Compelling Reasons to Choose Skills over Degrees

Vervoe

A Korn Ferry study predicts that there will be a global human talent shortage of more than 85 million people by 2030. Consider the following statistics: Since 2019, there has been a 20% increase in managers hired without a four-year degree, according to a LinkedIn study. And this issue is only set to grow.

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2 Companies That Are Getting Internal Mobility Right

Linkedin Talent Blog

Internal mobility offers many benefits , including increased retention, engagement, and agility, as well as reduced cost and time of hiring. According to LinkedIn data, employees at companies with high rates of internal mobility stay 60% longer than those at companies with low rates of internal mobility.

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Where Are the Women in Tech?

Recruiting Daily

We used data available on LinkedIn to examine the gender gap in tech, looking closely at the role of the CIO. According to Accenture’s ‘ Resetting Tech Culture’ report, if all companies championed diversity and inclusion just as well as the top 20% did, then we’d retain an extra 1.4 million women in tech by as early as 2030.