July 19, 2012
The search for skills has been a daunting task for U.S. companies trying to find the right person to fill well paying and highly skilled jobs. A high-skilled workforce is an essential input to economic growth in the fast-growing knowledge economy, and specialized skills – often requiring education or experience in science, technology, engineering, and mathematics – are critical to supporting innovation in fields as diverse as computers, medicine, and communication.
Instead of relying on classified sections of newspapers or local networks to find the perfect match, companies have to search far and wide for skills in high demand. Yet despite high unemployment rates, many employers report they’re struggling in the job matching process, frequently complaining that there’s a mismatch between the available domestic workforce and the skills they are demanding.