|
|
Job creation will be the central issue of 2012 and the upcoming presidential election. But like a lot of political issues, the facts lie far below the headlines and rhetoric. Overall, unemployment is unacceptably high, but different groups or classes of workers are faring differently.
Solving the Skills Mismatch
In contrast to the highly publicized 8.5 percent U.S. unemployment figure, the unemployment rate for “management, professional, and related occupations” is just 4.4 percent. It’s no wonder many hiring managers can’t fill higher-level, strategic, management and technology positions. The data suggests there aren’t enough applicants eligible, available or willing to fill those jobs. Read more...
M Squared Consulting CEO John Kunzweiler was the featured in-studio guest on January 24th on “The CEO Show” on KLIV radio (1590AM), Silicon Valley’s only all-news radio station. Guest Host and Silicon Valley Leadership Group Senior Vice President Dennis Cima interviewed Kunzweiler on topics such as the emergence of the flexible workforce, the labor market’s skills mismatch, and other vital issues facing Bay Area companies. To hear a replay of this fascinating interview, visit http://kliv.com/The-CEO-Show/1191414
As we gear up for a new year of opportunities, we continue to keep an eye on the ever-evolving workforce – especially as it relates to the flexible workforce and the “new world of work.” We are always on the lookout for current news stories, interesting tidbits and thoughtful commentary to pass along to you.
This week, we feature: Read more...
- A timely story by Staffing Industry Analysts that highlights compelling survey results released earlier by M Squared Consulting
- A positive article in the San Francisco Business Times that includes feedback from recently surveyed Bay Area CEOs and executives who are optimistic about the economy as we head into 2012
In its never ending quest to develop new revenue streams, Wal-Mart is reaching out to millions of customers who have turned their backs on – or who have been squeezed out by – traditional banking. Industry trades are taking note: American Banker recently named former Wal-Mart executive Jane Thompson as its Innovator of the Year for 2011. Read more...
With the growth of the flexible workers comes the need to manage them. It’s true that the flexible workforce can help reduce costs and keep companies lean. But there is no point in saving money if the work doesn’t get done, or doesn’t get done right. With this in mind, companies must first provide justification for hiring independent consultants and then use hard success metrics to track progress. Because of the high profile of mission-critical initiatives, hiring managers will have to demonstrate tight oversight of work streams and deliverables. Read more...
As we wind down 2011 we’re continuing to keep an eye on the ever-evolving workforce, especially as it relates to the flexible workforce and the “new world of work”.
This week, we feature:
- A thoughtful trend story posted by Human Resource Executive Online that provides insightful perspectives from thought leaders about what will happen in 2012
- An interesting online story posted by Examiner.com about the increasing demand for online contingent labor
- A timely story by Staffing Industry Analysts that highlights the latest labor statistics and the value of employing a temporary workforce
Here’s the latest scoop: Read more...
New statistics indicate that the job market is looking up in Silicon Valley. This week the U.S. Bureau of Labor Statistics reported the pace of job growth in the South Bay was almost double that of California and nearly triple the nationwide rate. It expanded by 3.2 percent during the 12 months ending in October, the highest metro rate in the nation.
This front-runner status has some wondering if we’re witnessing the advent of another “tech bubble” akin to the dotcom debacle of the past decade. Stephen Levy, director of the Palo Alto-based Center for Continuing Study of the California Economy, says no, noting that that sector leaders such as Google, Apple and Facebook have real sales and real product plans. Read more...
What do Jakarta, Berlin and the State of North Dakota have in common? They each operate a bank that is devoted exclusively to supporting their municipalities and providing loans to local borrowers. Now San Francisco is exploring the idea.
Recently, protesters gathered in front of the Federal Reserve Bank of California in San Francisco and cheered when a city supervisor called for the formation of a municipal bank. It was quite a change from demonstrations of yesteryear to see a gray-haired elected official in a suit and tie elicit wild enthusiasm about a bank from sign-carrying demonstrators. The Occupy movement aside, could the establishment of a municipal bank in San Francisco come to fruition? Read more...
Job creation will be the central issue of 2012 and the upcoming presidential election. But like a lot of political issues, the facts lie far below the headlines and rhetoric. Overall, unemployment is unacceptably high, but different groups or classes of workers are faring differently.
Solving the Skills Mismatch
In contrast to the highly publicized 9.0 percent U.S. unemployment figure, the unemployment rate for “management, professional, and related occupations” is just 4.4 percent. It’s no wonder many hiring managers can’t fill higher-level, strategic, management and technology positions. The data suggests there aren’t enough applicants eligible, available or willing to fill those jobs. Read more...
In a continuing effort to keep an eye on the ever-evolving workforce — especially as it relates to the flexible workforce and the “new world of work” — we are always on the lookout for current news stories, interesting tidbits and thoughtful commentary.
This week, we feature: Read more...
- Two thoughtful and compelling articles in U.S. News & World Report titled “Larger Temporary Workforce Could Be New Normal” and “Are Employers to Blame for the Skills Gap?”
- An important story in International Business Times that sums up why many smart and successful businesses are turning to the top-tier flexible workforce to achieve their business goals
|
Subscribe to RSS
