By: Mark McMurray, Director of Business Development at Monster Government Solutions
Although the economy has showed signs of improvement, hiring remains down and the unemployment rate in many regions remains high. While it seems counterintuitive, there are many reasons why companies would be hesitant to hold off on hiring despite increasing revenues. [More]
Despite the claims of economists and business leaders that the economy is turning around, many regions of the country are still struggling with high unemployment rates, low home values and slow economic recovery.
To help turn their economies around, state and local regions are turning to public-private partnerships, innovation and research to drive economic development through workforce training and attracting businesses in high-growth industries. They’re following the steps to a high-performance workforce in an effort to get job seekers into jobs that they are uniquely qualified for and drive economic recovery. [More]
By: Bruce Stephen, Research Manager at Monster Government Solutions
In previous posts here at Unleash the Monster, we discussed the concept of a high-performance workforce, a regional workforce trained in the skills and abilities needed to perform the in-demand and available jobs in their region. [More]
In previous posts on Unleash the Monster we’ve discussed the concept of the high-performance workforce, which is when a region’s available workforce is trained in the skills necessary to fill jobs that contribute to that region’s economic vitality. We’ve also discussed the steps necessary to make a region’s workforce into a high-performance workforce and have cited some recent examples of paths that regions have taken. [More]
As many of us are aware, the US economy is currently mired in a recession that has had a long running and negative impact on sales and revenues for many businesses, and has taken a considerable toll on the American job market.
As companies continue to slash expenses and jobs, former manufacturing centers in the Midwest and other areas of the country are struggling with elevated unemployment levels. In fact the American unemployment level is well into the double digits and not expected to improve in the immediate future. [More]
In our previous posts we’ve introduced the concept of the high-performance workforce and the steps states and regions need to take to get their workforce prepared to meet new employment demands. Specifically, we’ve discussed how real-time labor intelligence can help to diagnose deficits and surpluses in the skills of a workforce and the steps that can be taken to address these imbalances. [More]
In Andy’s previous post he introduced our concept of the high-performance workforce, and how it can benefit a region’s employees and employers. I’d like to take a deeper dive into the high-performance workforce. The next three posts will focus on the role that real-time labor intelligence, the educational systems, and employment tools play in fine-tuning a region’s workforce. The objective is to ensure that there are qualified individuals available to fill jobs, and that those employees are prepared to succeed. [More]
These are truly difficult times for state and local governments. The recession has stretched budgets thin and states are cutting expenses everywhere they can. Everything is affected, from education to social programs, and more.
As a result, an increasing number of residents seek assistance from state-funded programs at a time when government is cutting support staffs. Large numbers of unemployed workers from shrinking industries clog the unemployment system. Regions must create new jobs to support emerging industries while finding new ways to compete within the global economy. [More]