One in three employers (34%) worldwide said they are having difficulty filling positions due to lack of available talent, an increase of three percentage points compared to 2010.
The global economic downturn may have masked the talent shortage for several years, but the global recovery, despite its slowness, has made the tension created by lack of talented workers more evident, now that organizations who have reduced staff levels are finding that they need more of the right kind of people to make progress and support the company strategy.
In the American continent the countries surveyed included Brazil, where 57% of employers indicated difficulty filling job vacancies, the United States, where the percentage reached 52%, Argentina 51%, Panama 36%, Costa Rica 30% Guatemala 27%, and Peru 10%.
Globally, Japan (80%) and India (67%) came ahead of Brazil in the list.
More on this topic
Although improvements have been noted, the region's human resources are still far from achieving the level necessary to sustain competitive economies at the global level.
The Human Capital Index, constructed by the World Economic Forum, provides a long-term focus on how nations are developing their human capital and establishing workforces prepared for the demands of the increasingly competitive global economy.
“In 2006, Finnish students scored the highest average in science and reading among developed countries”.
Finland must be visited by anyone in the education industry, to understand why this country is so successful in all educational levels.
In the past years, Finnish students have systematically placed their country in the first levels of the Science and Reading rankings tests, conducted globally by the Organization for Economic Co-operation and Development (OECD). Finland also tops the Programme for International Student Assessment (PISA).
The construction and assembly of the coal-based plant power by Jaguar CMNC Guatemala requires workers with skills that do not exist in the country.
Attempts by the subsidiary of China Machine New Energy Corporation to get skilled labor from the labor market in Guatemala, have been unsuccessful.
Transnational corporations pay average salaries of nearly $2000, while the average salary for Panamanians is $541.
An article in Prensa.com reports on a market study carried out by KPMG which surveyed companies of whom 64% were national and 36% multinational. 75% of the participating companies gave annual salary increases equally for those in executive, middle management and operational positions.