ManpowerGroup, a provider of work force solutions, maintains that employers should offer flexible work models that include a range of full-time, contingent and virtual skilled workers in order to drive productivity in a volatile economy.
This comes as the U.S. Bureau of Labor Statistics reported that the overall January unemployment rate dropped to 8.3 percent, which is the lowest level since February 2009. The BLS also noted that the private sector created 257,000 new jobs in January while the economy has added U.S. jobs for 16 consecutive months.
"Last month's genuine job growth and the revised BLS figures from 2011 clearly boosts the nation's hiring confidence, but we do expect demand to continue fluctuating," says Jeffrey A. Joerres, ManpowerGroup chairman and CEO. "Employers must master flexible work models, which enable them to tap the right skilled talent, even remotely located, in a moment's notice. The pressure to drive productivity while volatile market conditions vacillate is intensifying. Companies that cannot quickly tap the right talent to execute their business strategy inevitably lose their competitive edge."
According to ManpowerGroup's 2011 Talent Shortage Survey, 52 percent of U.S. employers are struggling to fill key jobs, marking the highest percentage of the survey’s six-year history. ManpowerGroup recommends that employers consider the environment in the long term because the talent mismatch will eventually worsen as demand for products and services rise.