Now to put things into my own perspective. 37,000 employers is a fairly significant amount, even if it is a global figure. The fact that all these employers are having trouble finding employees with the necessary skills is hard to believe. Is the source of this problem the lack of qualified prospective candidates, or is it because the employers are just having too high of expectations? The cause of the former might just be because of the latter. The only reason that I remain unconvinced that there is a shortage of talent in the world, is because it simply doesn't make sense. Shouldn't talent be on the rise? Throughout the world, people are becoming smarter and more efficient every day. Perhaps the reason that employers are having trouble finding qualified employees is because they're looking in the wrong place. To find an answer, I turn to the internet.
In an article titled "The Myth of a Talent Shortage," Wheeler goes on to explain a few of the possible reason why all these employers have no success at finding employees they want. The one that stuck out to me the most is how companies offer low wages. This could be the biggest reason that employers are not getting candidates with the skills they want. No accountant wants to work for $20 a day. Granted this could change depending on country living costs, but the principles are the same. No one wants to work for jobs that they're overqualified for. Another reason might just be that the job market is too small. It's going to be hard to find a stock broker in Alaska. Perhaps these employers are in a small rural area, and for them to find the employees they're looking for, they might need to move or expand.
Wheeler, Kevin. "The Myth of a Talent Shortage". ERE. 1/23/2010