Skill Shortages: A myth or reality? How can businesses overcome it?
Shortages in North America’s skilled labor talent market have gained a great deal of attention in recent years. A 2012 report from the US Council of Advisors on Science and Technology stated that over the next decade, one million additional Science, Technology, Engineering, and Mathematics (STEM) graduates will be needed to meet demands in the US economy. Canada, Australia, Germany, China, Brazil, and India have all expressed similar concerns surrounding skill shortages.