Bridging Global Skills Gap Hinges on Youth Employability

Dalian, China — Sept. 13

ManpowerGroup, a workforce services firm, says actions must be taken to enhance the employability of the world’s younger workers in order to reduce skills gaps.

Jeff Joerres, the firm’s chairman and CEO, led a session at the WEF Annual Meeting of the New Champions in Dalian, China, examining what can be done to build to develop a more employable labor force. Approximately 75 million young people are out of work worldwide, yet millions of jobs remain unfilled. ManpowerGroup’s 2013 “Talent Shortage Survey” found that 35 percent of employers globally and more than half of Asian employers are having difficulty finding workers with the right skills for open positions.

“It is imperative to get young people more engaged in the workforce because if they check out for a prolonged period of time, the risk is that person is lost to the labor market for good as skills life cycles have become shorter. That is something the world cannot afford from a social or economic perspective,” Joerres said.

ManpowerGroup recommends that employers forge closer links with educational institutions to ensure the education system includes training that develops young people’s workplace competencies such as collaboration and presentation skills. Employers are also advised to adopt a mindset shift, recruiting for potential where an individual demonstrates the right attitude, capacity to learn technical skills and motivation to grow in their role.

Source: ManpowerGroup