Skills shortage epidemic threatens business growth prospects
Businesses around the world are reporting a skills shortage epidemic that is weighing on growth prospects, according to new research from the Grant Thornton International Business Report (IBR).News release 6 February 2013 Businesses around the world are reporting a skills shortage epidemic that is weighing on growth prospects, according to new research from the Grant Thornton International Business Report (IBR). Almost four in ten (39%) businesses around the world are struggling to recruit the right people, with a lack of technical skills cited as the primary problem (64%). The concern is that a lack of talent will dampen business productivity, ultimately threatening future growth and profitability.