SHRM has just released a new report in its series on The Ongoing Impact of the Recession. The current release focuses on the Manufacturing Industry. Previous reports have focused on the Federal Government, State and Local Government and the Finance Industry.
This report clearly shows the continued strong degree of difficulty in hiring professionals with STEM education backgrounds – as well as mangers and executives, the skilled trades, sales professionals, HR professionals and accounting/finance professionals. It should come as no surprise to any business leader or talent management professional that finding professionals in the U.S. with STEM backgrounds is difficult. The U.S. education infrastructure is not producing enough graduates in these disciplines. See my posts here and here.
It is surprising to note, however, that in addition to reporting a high degree of difficulty in finding STEM professionals and skilled trade workers, manufacturing employers are also having a difficult time finding managerial and executive talent, and sales, HR and accounting/finance talent.
Hmmmm. A shortage of HR talent. Is this good or bad news?