Your company is ready to grow so you post a job opening. You receive a small stack of job hopper resumes that leaves you feeling less than inspired. You pick a few of the “best” resumes and conduct interviews. The first candidate shows up dressed like they just came straight from the pool. The second candidate spends most of the interview asking about your benefits and how much time off they will get. The third candidate doesn’t even show up.
Springfield’s unemployment rate in April of 2017 was only 3.3%, which is close to the lowest rate seen since the Great Recession. It makes sense that it would be difficult to find good people right now because the good people already have jobs. Plus, those darn Millennials just don’t have good soft skills.
This is a story that is being repeated by multiple business leaders in Springfield and across the United States. At the School Transportation Network Conference in Reno in 2017, transportation directors reported “finding and retaining” talent as one of the biggest challenges facing the industry. According to a 2017 CareerBuilder survey, nearly 60% of U.S. employers have job openings that have been vacant for 12 weeks or longer, and 68% reported having open positions for which they could not find qualified candidates.
BUT THRE IS MORE TO THIS STORY.
According to the recently published “State of the American Workforce” by Gallup, 51% of employees are “actively looking for a different job or watching for opportunities.” This means that the current employee market is just the 3.3% of unemployed workers, but also 51% of people who already have a job.