Where does the U.S. Rank in Top Talent?

GTCI_2014_USAWith 2.95 million jobs added in 2014—the strongest year of growth since 1999—and unemployment rates in the mid-five percent range, it may be easy to believe that the labor market challenges of the last few years are a thing of the past, but are they?

Unfortunately, the answer is no. The economy has opened up, but the reality is that the workforce is something that continuously evolves—something that will only become more apparent as globalization impacts the way we work.

The main currency of this evolving workforce? Top talent. It’s no question that other countries are competing to develop, attract and hold on to the best of the best, so where does the U.S. fall in the mix?

According to the 2014 edition of the Global Talent Competitiveness Index (GTCI), an index that illustrates and measures how countries ranked in producing, retaining and attracting talent, the U.S. took the 4th spot out of 93 coming after Switzerland, Singapore, and Luxembourg.

What does the GTCI tell us about building a more competitive environment for talent?
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Work-Based Learning Programs: Changing the Talent Pool

interns-on-the-job-looking-at-computerWork-based learning programs are educational tracks that provide direct exposure and experience to a career path. These programs offer a valuable look at a career path for anyone considering their career options, and they offer experience and networking that would otherwise be unavailable. The more common types of programs include internships, co-ops, and pre-apprenticeship programs. Here’s a quick primer on the difference between these programs:

  • Internships – An internship is a temporary position with an emphasis on on-the-job training rather than merely employment, and it can be paid or unpaid.
  • Co-ops – Cooperative education programs establish and maintain strong collaborations (partnerships, associations) between secondary education and key members of industry.
  • Pre-apprenticeship – Pre-Apprenticeship programs are designed to prepare students or professionals before they apply for an Apprenticeship. An Apprenticeship is a combination of on-the-job training (OJT) and related classroom instruction under the supervision of a journey-level craft person or trade professional.

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Workforce Watch List: The Millennial Generation

In a recent survey conducted by Adecco, we polled workers from the millennial generation to gain insight into their employment goals, workplace viewpoints and career motivations. Millennials are those born between 1980 and 2000 and are quite the hot topic of conversation lately.

According to the Bureau of Labor Statistics, this group of workers is currently seeing an uncomfortable 12% unemployment rate – almost 6% above the national unemployment rate of 6.3% (as of April 2014).

We learned that today’s American youth think they have a harder time than generations before them when it comes to finding a job. Seven in 10 (69%) Americans ages 18-24 believe that it is harder to find a job now compared to previous generations. Interestingly, women in this age group (18-24) are more likely to feel that it is harder to find a job now than it was for previous generations (76% women compared to 63% men).
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Workforce Watch List: Career Goals

This is part three of a three part blog series which presents data from a recent Adecco survey. In part one, we discuss office habits and in part two we explore vacation habits. Check them out for some great workforce insights!

Despite all the turmoil facing the workforce in the past couple years, American career goals have remained consistent. According to a recent Workers Insight Survey conducted by Adecco, the top two career goals are increasing pay (53 percent of respondents) and maintaining a better work-life balance (46 percent of respondents).

Additionally, 26 percent of respondents said their goal was to get promoted and 15 percent of respondents said they want to improve their relationship with their boss.
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Workforce Watch List: Vacation habits

Now that the country is finally thawing out (we hope) after the particularly brutal winter of 2014, vacation plans seem to be on everyone’s mind. Whether your ideal vacation involves the sand and surf of a tropical locale, a rugged camping expedition, a rejuvenating spa retreat, or simply a Game of Thrones marathon from the comfort of your couch, there’s no doubt you are ready to cash in some of your hard-earned PTO days. But the question is: how many Americans actually enjoy their paid time off to the fullest?
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Workforce Watch List: Office habits

According to data in the March 2014 Bureau of Labor Statistics release, Americans spend an average of 34.5 hours per week in the workplace. A majority work more than 40 hours, which is a considerable amount of time spent on the job.

Let’s face it, along with the hard work we produce day in and day out, we bring with us our habits, social tendencies and well, “baggage.” But what types of office habits are prevalent in the typical American workplace? Are they affecting job performance? Are coworkers taking notice of our “baggage?”

In February, Adecco conducted a telephone survey of 507 working Americans aged 18 and over about their workplace habits — among other topics — which revealed some interesting data. Let’s break down some of the findings.
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