The War For Talent is Heating Up
2014 was the strongest year for job gains in the US since 1999, and job openings data shows that STEM (Science, Technology, Engineering, and Math) skills are in high demand among employers. Unemployment for individuals who have a Bachelor’s degree remains below 4%, which is significantly lower than the encouraging 5.6% overall unemployment figures. There is significant shortage of active job seekers with the proper education or training to be considered for the increasing number of engineering and technical positions in America. This is becoming a real problem for companies that are not in a position to compete to keep their current employees or attract the talent they need to be successful. Wages are rising, and the churn in the market place will make for a busy 2015.