The 2020 Mid-Year Economic Update_long

Some Companies Taking Advantage of Growing Supply of Available Skilled Workers

According to this article online at the Wall Street Journal, manufacturers in some areas of the country have seen a dramatic increase in the number of qualified applicants to fill skilled positions. Those companies that are still growing sales are taking advantage of this to "upgrade" their work force, so to speak.
 
It's a somewhat positive note in an era of negative news; distributors who may be hiring or plan to in the near future to meet returned demand should make what some call a talent management plan to ensure they meet current and future needs based on strategic direction.
 
Easier said than done, perhaps, but a large number of highly skilled and experienced ...
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According to this article online at the Wall Street Journal, manufacturers in some areas of the country have seen a dramatic increase in the number of qualified applicants to fill skilled positions. Those companies that are still growing sales are taking advantage of this to "upgrade" their work force, so to speak.
 
It’s a somewhat positive note in an era of negative news; distributors who may be hiring or plan to in the near future to meet returned demand should make what some call a talent management plan to ensure they meet current and future needs based on strategic direction.
 
Easier said than done, perhaps, but a large number of highly skilled and experienced workers are looking for a job right now, and bringing the right new workers on board can help distributors strategically rebuild and improve efficiencies and strengthen their positions for the future.
 
Read: How to Manage Talent for the Upswing
 
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