It’s not a myth; the STEM (science, technology, engineering and maths) skill shortage really does exist. 

An FSB survey of 2,500 people found that one of the biggest obstacles facing small businesses is a shortage of adequately skilled staff, with construction and computer services being particularly badly hit.

This is a good thing for employees; it gives staff more power to negotiate higher salaries, and seek out new opportunities.

In fact, Cebr found that the percentage of people starting new jobs has risen from 16% in 2013, to 19% in 2014. In addition, the number of people being laid off has dropped from 28% in 2013, to 23% in 2014!

However, the skill shortage is bad for employers and the wider economy, and will be an ever increasing problem through the economic recovery.

It’s long been known that women are under-represented in the science, technology, engineering and spheres. It has been suggested that encouraging girls to take on such riles from an early age, to close the gender gap is one way of reducing the shortage of skills. Businesses will have access to many more workers, rather than restricting themselves to half the talent pool.

 

This article was written by Tirebuck Recruitment, Local Recruiters in Solihull

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