reports
The Talent Shortage 2023
As labor markets strive to rebound from the impacts of the pandemic, a talent shortage of historical scale has catalyzed. In Singapore, 83% of companies have reported talent shortages and difficulty hiring, dipping 1 percentage point from 2022's record high.In our ManpowerGroup Talent Shortage survey, we provide the real-time data and insight companies and people need to respond to today’s trends.
As the global economy steadily recovers, employers are more optimistic and hiring demand remains strong.
Combined with changing skills needs, talent shortages have been pushed to their highest levels since our survey began in 2006.
Whoever holds the skilled talent holds the key to the future.
IN-DEMAND TECHNICAL SKILLS
As every aspect of life becomes more tech-enabled, human strengths stand out.
VIEW IN-DEMAND SOFT SKILLS
As skills needs are changing faster than ever and talent is at a premium, employers are reassessing their workforce needs and how to meet them.
Organizations are now planning to invest in their people more than ever before.
3 in 5 organizations (60%) plan to offer more flexibility for when or where work is done as talent scarcity grows.
SEE WHAT COMPANIES ARE DOING
