Sentences with phrase «skilled labor shortage»

In fact, Fjord predicts that by 2025, the developed world will face a skilled labor shortage of 56 million people.

Despite demand, 60 % of contractors reported difficulty finding skilled workers in the third quarter of 2017 due to an ongoing skilled labor shortage.

«This quarter's findings reveal strong optimism about future prospects for the industry,» said Jennifer Scanlon, president and chief executive officer of USG Corporation, «and also highlight a real need to address ongoing concerns about skilled labor shortages and the impact it has on building in the U.S..»

In order to gain a clearer picture of the labor market for cybersecurity professionals, Libicki and coauthors David Senty and Julia Pollak reviewed previous studies on the topic, examined the economics of particular kinds of skilled labor shortages, conducted interviews with managers and educators of cybersecurity professionals, and examined the kinds of skill sets required for these jobs.

While generally perceived as a good thing, strong job growth has resulted in both job and skilled labor shortages in some parts of the economy; in our sector, care providers and management team positions are increasingly hard to fill.

Not exact matches

The ISM's measure of factory employment dropped in April and the ISM said there were indications that labor and skill shortages were affecting production output.

Our biggest businesses complain about a shortage of skilled labor.

this week the Minister of Finance held his seventh National Policy Retreat with business, academic and other «experts» to discuss job creation and economic growth, particularly «issues» related to «skill shortages, labor mobility, internal trade and promoting investment in Canada.»

Or, will businesses be hampered by labor and skill shortages, resulting in a growth slowdown or even a recession sooner rather than later?

Some regions of the U.S. are confronting labor shortages in construction and other high - skill fields, according to the Federal Reserve's «beige book» survey of economic conditions.

There are those who look at the high unemployment rates and low labor force participation of low - skill American workers and current residents and see a labor shortage.

The bill is «designed to address the shortage of high - skilled labor we face in this country,» which «has reached a crisis level,» Hatch declared.

Labor market data are «suggestive of surpluses» of scientists, with only «isolated shortages of skilled people in narrow fields or in specific technologies.»

That could mean a shortage of skilled labor in the future, according to the foundation.

To realize Indonesia's economic potential, the country has to address critical challenges Including the projected shortage of 60 million skilled and semi-skilled workers in its labor force.

A major reason for the qualified labor shortage is that fewer students are graduating high school with the social and emotional skills required for today's workplace.

The likely result of Canada's aging society is a potential labor shortage that will make skilled help more and more valuable with each passing year.

It reveals shortages, as India is experiencing in semi-skilled and skilled labor.

Getting some jobs in the industry are easier than ever... like testing for instance, or graphics art due to the shortage of labor... but engineering requires being able to show that you have the skills necessary to perform some very specialized skills in engineering.

The challenges faced by produce growers revolve more around labor, which often accounts for half of a farm's expenses and has the problem of shortages, particularly with migrant workers and skilled tasks: «Farmers can be hesitant to invest in growing, watering, and raising a crop if there's uncertainly about having enough workers to harvest it.»

«There's a huge shortage of skilled labor in the engineering space and it's getting worse,» said Thrun.

On the other hand, job seekers with certain high demand skills may be able to expect salary increases — because there are still selected labor shortages in certain markets.

«Businesses are having a difficult time finding skilled labor, and it's not likely that labor shortages will be going away anytime soon.»

But don't expect too much new inventory to come on the market, because shortages of skilled labor continue to hobble growth.

«As the housing market strengthens and more buyers enter the market, builders continue to express their frustration over an ongoing shortage of skilled labor and buildable lots that is impeding stronger growth in the single - family sector,» said Robert Dietz, chief economist of the NAHB.

«Rising material prices, particularly lumber, along with chronic shortages of buildable lots and skilled labor are putting upward pressure on home prices and impeding a more robust housing recovery.»

That said, a shortage of buildable lots and skilled labor, as well as a lack of available capital for smaller builders and higher mortgage rates, could be limiting factors.

With the housing industry facing a shortage of skilled labor, you'll likely pay more for workers than a high - volume contractor would.

In industries already facing labor and skills shortages, forward - thinking companies are recruiting, retaining, and developing flexible work - time arrangements and / or phased retirement plans for these workers (55 years of age or older), many of whom have skills that are difficult to replace.

Builders say they're being hampered by a shortage of skilled labor as well as an increase in land costs.

The current labor shortage can be attributed to skilled workers not returning to construction after the recession, a difficulty attracting Millennial workers, and the increases in the enforcement of immigration laws.

The main reasons that builders are not increasing production appear to be a shortage of skilled labor and an increase in development costs including land costs and more burdensome land - use regulations.