Angi’s Post

Last week’s JOLTS report offers new insights into the state of the broader US job market and ongoing trends in manufacturing and construction. While job openings and hiring remained steady overall, the hiring crunch for skilled labor in manufacturing and construction persists. This is a serious challenge but also an incredible opportunity.  Based on our recent research, Erik Schaefer, Ezra Greenberg, and I anticipate that annual hiring for this crucial talent group will be 20x the annual increase in net new jobs and cost companies more than $5.3 billion in talent acquisition and training costs alone.  To help employers reimagine how they invest in human capital, plug leaks in the talent pipeline, and boost productivity in the near term, we’ve identifed actions they can take—from the inside out and the outside in. Read our article to learn more: https://mck.co/4cSpp8k #Talent #Workforce #SkilledTrades 

This week I'm sharing interesting perspectives on the 2024 job market, and today's update comes from Fast Company: "There’s demand in all these sectors—people always need to travel, for example, aging populations rely on healthcare and electricity usage will only grow as the energy transition advances. It’s just a matter of which companies can secure that demand, obtain the necessary funding, and find the right workers to get the job done". When it comes to the final piece of that puzzle, Topgrading can help to make sure that your organization is sourcing, recruiting, and selecting "the right workers to get the job done" this year and avoid costly hiring errors.

Demand for skilled workers has skyrocketed, but why are they in such short supply? Check out the latest McKinsey & Company interview to learn more: https://lnkd.in/erhtxp29

The Future of Trades: Why You'll be in High Demand in 5-10 Years Discover why tradespeople will become the most important professionals in the near future, with fewer people entering the trades and increasing scarcity. Learn how this will lead to higher wages and the growing value of skilled labor. #FutureOfTrades #HighDemandJobs #SkilledLabor #TradeProfessionals #ScarcityInTrades #HigherWages #GrowingValue #TradeSkills #JobOpportunities #TradeIndustry

There are several reasons why over 90% of skilled tradespeople report satisfaction with their career 👷🏽 Maybe it's the job security, you will always need someone hands on to build things or fix them. Or perhaps the lack of education debt, trade schools are much more affordable then traditional college/ More people are entering the trades, yet it's not enough to combat the industry's labor shortage. However, as the benefits become clearer, workforce experts believe more people will turn to skilled trades.

Maybe it's the job security. Or perhaps the lack of education debt. There are several reasons why over 90% of skilled tradespeople report satisfaction with their career 👷🏽 More people are entering the trades, yet it's not enough to combat the industry's labor shortage. However, as the benefits become clearer, workforce experts believe more people will turn to skilled trades.

Maybe it's the job security. Or perhaps the lack of education debt. There are several reasons why over 90% of skilled tradespeople report satisfaction with their career 👷🏽 More people are entering the trades, yet it's not enough to combat the industry's labor shortage. However, as the benefits become clearer, workforce experts believe more people will turn to skilled trades.

Maybe it's the job security. Or perhaps the lack of education debt. There are several reasons why over 90% of skilled tradespeople report satisfaction with their career 👷🏽 More people are entering the trades, yet it's not enough to combat the industry's labor shortage. However, as the benefits become clearer, workforce experts believe more people will turn to skilled trades.

Maybe it's the job security. Or perhaps the lack of education debt. There are several reasons why over 90% of skilled tradespeople report satisfaction with their career 👷🏽 More people are entering the trades, yet it's not enough to combat the industry's labor shortage. However, as the benefits become clearer, workforce experts believe more people will turn to skilled trades.

With growth comes the need to onboard new hires. But how do you keep up with the ever-changing labor market trends to make the right hiring decisions? 👉 Introducing FLX-100 Index Executive Summary Report Gain unparalleled insights into DMV labor market trends and discover the latest feelings and behaviors of job seekers and employers towards work. Download the report to unlock valuable insights to supercharge your hiring decisions and scale your team with precision: https://ow.ly/umMh50Rn8tX #FLX100IndexReport #FlexibleWork #WorkforceTrends #laborMarketInsights