The skill level of the job seeker pool from which employers are hiring has been in question for the last few years. Just about everywhere you turn you can find folks debating if a skills gap exists, to what extent, who’s to blame, and how we fix it. Unfortunately we have no crystal ball so I can’t offer any hot economics opinion, but I can say two things with relative certainty: 1) A skills gap is too big an issue to be generalized into a single question; and 2) there is a disconnect of some sort between what job seekers have/are asking for and what employers are looking for/offering.
The Federal Reserve Bank in Atlanta recently posted an interesting blog on the topic, concluding that a true “skills gap” is more myth than fact. There’s not much empirical data to go on, but the Fed did reference a recent Manpower study they believe supports their conclusion. If you’re interested, the post can be found here.
But, regardless where you land on this debate, the workforce system in Texas can help.
- For employers – we have Skills Grants that let you “up-skill” new or existing employees. Via a partnership between you, a local community college, and the workforce system, we can help pay for training programs to improve or increase the competencies of your workers. Of course there are some eligibility requirements, but for more information go online or call: 1-877-463-1777.