This link has been bookmarked by 1 people . It was first bookmarked on 08 Jun 2007, by Wisely.
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08 Jun 07
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For now, though, workers with skills that are in short supply are enjoying the ride. If you're a petroleum engineer in Colorado, where energy companies such as Shell (RDS ), EnCana (ECA ), and Halliburton (HAL ) are hiring like mad, you can write your own ticket. Even unskilled workers are being snapped up
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"Parents are trying to convince kids to stay in school," she says, but the lure of the gas fields is strong: "You can go to work on a drill rig with no training and make $30 an hour."
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The job U.S. employers say is hardest to fill is sales representative. The trouble is, companies can't find people with the technical expertise and business savvy to explain complex products to customers
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Right behind them on U.S. employers' wish lists are teachers, mechanics, and technicians.
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Economists, of course, will tell you there's no such thing as a labor shortage. From a worker's viewpoint, many so-called shortages could quickly be solved if employers were to offer more money. And worldwide, millions of people still can't find jobs. The strongest evidence that there's no general shortage today is that overall worker pay has barely outpaced inflation.
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With so many people newly available for work in China, India, and the former Soviet Union, the only thing that could cause a real shortage would be "a global pandemic that kills millions of people," Harvard University economist Richard B. Freeman wrote in a research paper in September.
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employers in India reported the least problems filling jobs: Just 9% said they had difficulty, vs. 41% in the U.S. and 82% in Mexico. The explanation? Manpower's staff thinks turnover is so rapid in India that employers figure if they really need to fill a job, they'll lure someone away from another company.
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