Two-Thirds Of Businesses Around The World Are Struggling To Hire Workers

Two-thirds (67%) of businesses around the world say they are struggling to attract and hire workers as the global economy recovers from the pandemic.

A survey of nearly 45,000 employers across 43 countries found that 69% of employers reported difficulty filling positions, a 15-year high. At the same time, 15 countries focused in Europe and North America reported their highest hiring intentions since the survey by Manpower Group began in 1962.

Businesses across all surveyed countries reported stronger hiring outlooks for the end of this year compared to the final three months of 2020.

About 40% of respondents said they offer training and skills development to attract and retain talent. A similar share reported offering flexible work schedules. Nearly a third increased wages. Others offered signing bonuses and more vacation time.

The incentives differ by industry, with financial service companies most likely to offer training and development and flexible work locations while manufacturers often raised pay or offered more flexible schedules.