40% of Global Employers report Talent Shortages. More Employers Than Ever Are Turning to Training & Development to Address Talent Shortages.
The Number of Employers Training and Developing Existing Employees to Fill Open Positions has Doubled from 1 in 5 to Over Half. Talent shortage has become more of an issue in 6 of the 9 largest global economies between 2015 and 2016. As in 2014 and 2015, Japanese employers report the most difficulty filling vacant positions. U.S. employers report the most notable increase in hiring difficulties, up from 32% in 2015 to 45% this year. Just 10% of Chinese employers report hiring difficulties. Employers in the EMEA region are facing talent shortages at the highest levels since 2006 at 36%.