Skills shortage at crisis point, say recruiters
PwC's 2015 global CEO survey found that 73% of the 1,300 company bosses surveyed said recruiting staff with the right skills was a major concern. This is up from 46% six years ago. The skills shortage is most acute in Japan and South Africa, with 93% of CEOs in those countries listing it as a concern. The UK was joint fifth at 84%. PwC said 25% of M&A deals are driven by companies acquiring businesses to secure the right staff. Recruitment and Employment Confederation chief executive Kevin Green said nursing, engineering, finance and IT were sectors facing particular shortages.
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