In March 2015, the Dow Jones surpassed 18,000. Despite this economic upswing, data from the BLS shares a conflicting story—U.S. job opening growth is outpacing hiring growth. Experts say this is happening not because of a small number of applicants. Rather, they cite a lack of qualified applicants applying for skilled labor jobs.
It is this combination of unfilled jobs and a shortage of skilled labor that forms the basis for the “talent war” so many are referring to today. Fortunately, with the right recruiting strategy and mix of next-generation technology, it is possible to build a competitive advantage in getting top talent through the door.
This playbook discusses what’s needed to develop such a strategy, focusing on the following: