I was reading Time Magazine this week and there is an article on “Localnomics” which was pretty cool...but something stuck out, like REALLY stuck out. Apparently McKinsey is reporting that by 2020 the world will be short 85 million high and medium skilled workers (18M of those in “advanced” economies).
Think about that for a minute....based on current education trends the world will be short by 85 million high and medium skilled workers. Holy crap!
What does it mean for recruiters or job seekers? Well.....two things.
1) Hello job security if you are a recruiter. Companies will continue to need folks like us to dig deeper and deeper into the talent pool to find great people. Picture a fist pump here.
2) Education and skills will rule the 21st century. If you’re looking for a job you need to be doing all that you can to gain skills and become super employable over the coming years. This is no joke folks....those high and medium skill workers will be in high demand....and you know what high demand means right? High compensation.
Ok, that’s it this week....those numbers blew my mind. Wanted to share because we should all be figuring out ways to keep moving up into higher and higher skilled jobs.
Good luck and if you like my blog, I’d appreciate a little support for a charity event I’m trying to help. I’m hoping to raise $1000 for underprivileged kids....even if you can only give $5 it helps. Find more info here:
https://lifeisgoodfestival.fundraise.com/jeff-moore
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