US CEOs say having hard time finding workers with right skills

[WASHINGTON] Most chief executive officers at US corporations report significant problems in finding workers with the skills they need, according to a survey released on Wednesday.

Among rich countries, the United States is a relative laggard when it comes to educating its youth, especially in skills like math, which is seen as vital in an increasingly high-tech global economy.

Growth in U.S. college enrollment has also slowed since the 1980s, a factor many economists believe has led to rising income inequality because the demand for high-skill workers could be outstripping their supply.

Two business groups, Business Roundtable and Change the Equation, surveyed 126 companies and found 46 per cent saw a skills shortage as a problem and 6 per cent as very problematic. The rest saw a shortage only somewhat as a problem, or not one at all.

The survey found about two-fifths of the companies' job openings required advanced knowledge of science, technology, engineering and math.


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to