Tuesday 22 April 2008

Employers face shortage of skilled trades people

While the world pursues the knowledge economy, employers are increasingly desperate for plumbers, welders and other technical staff, U.S. employment services firm Manpower Inc said on Tuesday, in its annual survey of staff shortages. The survey of nearly 43,000 employers in 32 countries found the rising lament almost everywhere was for trades people and similar skilled, but not necessarily highly educated, positions. While Europe has fretted about the eastward expansion of the European Union and the potential for a flood of Polish plumbers and the like heading west, the survey found most Western European nations had the most acute shortages in such traditional crafts.
http://www.reuters.com/article/ousiv/idUST30198120080421

A2 Economists - Check this out alongside GeoffvRiley's excellent revision focus on 'Labour Market Failure'.

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