As Talent Shortage Grows, It’s Time to Look Within

Lee Hecht Harrison

If you are an HR leader, you are probably aware that the talent shortage is becoming acute. The result is a growing concern that the talent shortage could drastically impair global economic growth. First and foremost, the shortage of skilled talent continues to grow.

Addressing 2015’s No. 1 business challenge:

HR Times

In fact, employment statistics show a near perfect negative (-96%) correlation between low unemployment and high “quit level” among surveyed employees from January 2001 to January 2015 (Figure 1). See my previous post on candidate relationship management.)