The Fort Worth Press - 'Help wanted': businesses struggle to fill jobs

USD -
AED 3.672898
AFN 68.266085
ALL 93.025461
AMD 389.644872
ANG 1.80769
AOA 911.999803
ARS 998.694492
AUD 1.5472
AWG 1.795
AZN 1.700918
BAM 1.85463
BBD 2.025224
BDT 119.861552
BGN 1.857551
BHD 0.376464
BIF 2962.116543
BMD 1
BND 1.344649
BOB 6.930918
BRL 5.79695
BSD 1.002987
BTN 84.270352
BWP 13.71201
BYN 3.282443
BYR 19600
BZD 2.02181
CAD 1.40928
CDF 2864.999753
CHF 0.887938
CLF 0.035528
CLP 975.269072
CNY 7.232503
CNH 7.236449
COP 4499.075435
CRC 510.454696
CUC 1
CUP 26.5
CVE 104.561187
CZK 23.996904
DJF 178.606989
DKK 7.08157
DOP 60.43336
DZD 133.184771
EGP 49.369421
ERN 15
ETB 121.465364
EUR 0.949715
FJD 2.27595
FKP 0.789317
GBP 0.792079
GEL 2.735007
GGP 0.789317
GHS 16.022948
GIP 0.789317
GMD 70.999794
GNF 8643.497226
GTQ 7.746432
GYD 209.748234
HKD 7.78609
HNL 25.330236
HRK 7.133259
HTG 131.85719
HUF 387.786014
IDR 15898.3
ILS 3.749298
IMP 0.789317
INR 84.47775
IQD 1313.925371
IRR 42092.503622
ISK 137.649817
JEP 0.789317
JMD 159.290693
JOD 0.709103
JPY 154.192026
KES 129.894268
KGS 86.5029
KHR 4051.965293
KMF 466.574995
KPW 899.999621
KRW 1395.925041
KWD 0.30754
KYD 0.835902
KZT 498.449576
LAK 22039.732587
LBP 89819.638708
LKR 293.025461
LRD 184.552653
LSL 18.247689
LTL 2.95274
LVL 0.60489
LYD 4.898772
MAD 9.999526
MDL 18.224835
MGA 4665.497131
MKD 58.423024
MMK 3247.960992
MNT 3397.999946
MOP 8.042767
MRU 40.039827
MUR 47.210238
MVR 15.449754
MWK 1739.225262
MXN 20.381501
MYR 4.470499
MZN 63.897764
NAD 18.247689
NGN 1665.819323
NIO 36.906737
NOK 11.107115
NPR 134.832867
NZD 1.703293
OMR 0.384524
PAB 1.002987
PEN 3.80769
PGK 4.033
PHP 58.731501
PKR 278.485894
PLN 4.107991
PYG 7826.086957
QAR 3.656441
RON 4.72391
RSD 110.944953
RUB 100.019658
RWF 1377.554407
SAR 3.756134
SBD 8.390419
SCR 13.839806
SDG 601.514208
SEK 10.98865
SGD 1.342475
SHP 0.789317
SLE 22.61917
SLL 20969.504736
SOS 573.230288
SRD 35.315503
STD 20697.981008
SVC 8.776255
SYP 2512.529858
SZL 18.240956
THB 34.905998
TJS 10.692144
TMT 3.51
TND 3.164478
TOP 2.342102
TRY 34.600496
TTD 6.810488
TWD 32.476799
TZS 2667.962638
UAH 41.429899
UGX 3681.191029
UYU 43.042056
UZS 12838.651558
VES 45.732111
VND 25390
VUV 118.722009
WST 2.791591
XAF 622.025509
XAG 0.033067
XAU 0.00039
XCD 2.70255
XDR 0.755583
XOF 622.025509
XPF 113.090892
YER 249.875002
ZAR 18.190221
ZMK 9001.202645
ZMW 27.537812
ZWL 321.999592
  • SCS

    -0.0400

    13.23

    -0.3%

  • BCC

    -0.2600

    140.09

    -0.19%

  • BCE

    -0.0200

    26.82

    -0.07%

  • NGG

    0.3800

    62.75

    +0.61%

  • RIO

    0.5500

    60.98

    +0.9%

  • RBGPF

    61.8400

    61.84

    +100%

  • RELX

    -1.5000

    44.45

    -3.37%

  • CMSC

    0.0200

    24.57

    +0.08%

  • CMSD

    0.0822

    24.44

    +0.34%

  • JRI

    0.0235

    13.1

    +0.18%

  • GSK

    -0.6509

    33.35

    -1.95%

  • BTI

    0.9000

    36.39

    +2.47%

  • VOD

    0.0900

    8.77

    +1.03%

  • RYCEF

    0.0400

    6.82

    +0.59%

  • AZN

    -1.8100

    63.23

    -2.86%

  • BP

    -0.0700

    28.98

    -0.24%

'Help wanted': businesses struggle to fill jobs
'Help wanted': businesses struggle to fill jobs / Photo: © AFP/File

'Help wanted': businesses struggle to fill jobs

Germany has a shortage of plumbers. The United States needs more postal workers. Australia is lacking engineers. In Canada, hospitals are looking for more nurses.

Text size:

"The Great Resignation" that countries have experienced since Covid pandemic restrictions were eased is not over yet.

Michael Blume, chief executive of a software company in eastern Germany, said he had "a lot of difficulties finding workers".

"Wherever we look, we are lacking qualified workers," Blume, whose firm Currentsystem23 is based in eastern Germany, told AFP.

There were 887,000 job vacancies in Germany -- Europe's biggest economy -- in August, some 108,000 openings more than last year.

"Help Wanted" signs are plastered in front of restaurants and other businesses in the United States, where there were more than 11 million job openings in late July, or two for every employment seeker.

"Vacancy rates are very high across the world. Surveys and firms are saying it is still very hard to fill positions," said Ariane Curtis, a Toronto-based economist at research firm Capital Economics.

Countries in Western Europe and North America are having a particularly tough time filling jobs, though the problem is also present in eastern Europe, Turkey and Latin America, Curtis said.

Vacancy-to-unemployed rates rose sharply in Australia, Canada and Britain in later 2021 compared to pre-pandemic levels, an OECD report said in July.

- Businesses closing early -

The shortages have persisted even as the world economy has begun to slow since Russia invaded Ukraine earlier this year.

It affects a broad range of sectors: from a lack of teachers in Texas to not enough staff in the hospitality industry in Italy or the Canadian health system.

The shortages have forced businesses to adapt.

Pharmacies in the US state of Wisconsin, services at hospitals in Canada's province of Alberta and restaurants in Australia's Sunshine Coast have had to close for parts of the day, according to local news reports.

White-collar workers are also in short supply.

Clement Verrier, who co-heads an executive recruiting firm in Paris, said it used to be difficult to find companies looking to hire. Now it's the opposite.

"We're seeing an unprecedented number of candidates who disappear in the middle of the recruitment process, without calling back," Verrier said.

- 'Shift in mindset' -

Aging populations were already starting to cause shortages before Covid, but the problem exploded with the pandemic.

There are multiple factors behind the phenomenon: some people have chosen to retire early, while others have struggled with long Covid symptoms. Others have simply had enough of poor working conditions or low salaries.

Other factors include a drastic drop in immigration due to lockdowns, people moving out of cities and workers seizing the moment to rethink their career choices.

"The pandemic drove a fundamental shift in mindset and priorities, and employers aren't keeping pace with that change," said Bonnie Dowling, expert associate partner at McKinsey, a global consultancy that conducted a study on the wave of resignations around the world.

To keep or woo workers, companies are offering higher salaries. Other benefits that have emerged include the option of working from home, "bonus" holidays and more personal days.

Some countries are easing their immigration rules to attract more workers.

Germany unveiled plans Wednesday to make it easier for people to hold multiple nationalities and make naturalisation of foreigners easier.

"The big question is if what we have seen in the last months will cool down or not," said Mike Smith, CEO of Netherlands-based international recruiter Randstad Sourceright.

"From our position we don't believe it is transitory," he said.

"We think it is a structural change in the way employees are looking to interact with work. Trends continue to point to that. The shift in worker expectations is here to stay."

T.Dixon--TFWP