Help Wanted: Invest – The ROI Mindset
The first blog in this series Help Wanted: Make it easier to fill jobs or get left behind provided recommendations for the hiring process. Let’s shift focus for round two and review how investing in employees, specifically by creating paths to new opportunities, increases retention and attracts candidates to your organization.
Waves of retirements are coming, these industries are at risk
As illustrated in our latest report, Insights for the New Talent Landscape, the workforce is aging and retirements have jumped 113 percent since the COVID-19 pandemic, an increase of 3.2 million retirements nationwide. Baby boomers, the largest generation in U.S. history, currently comprise over 1 in 5 participants in Michigan’s labor force. Their imminent departure […]
Help Wanted: Make it easier to fill jobs or get left behind
To say, “It’s an interesting time to be in Talent Acquisition” is an understatement with many recruitment professionals thinking “HELP!”. For me, an interesting time also brings an array of opportunities to shape what the future of hiring should look like. In this blog we’ll look at what we know about the employment market and […]
Highlights from the Q2 Labor Market Report
This week marks the release of Talent 2025’s third quarterly labor market report in the series being released this year, spanning the second quarter of 2021. This report is a critical component of our effort to catalyze and align the talent system in West Michigan, with the provision of actionable data and analysis on in-demand occupations […]
TalNet Fall 2021 Conference
Partnering to improve economic mobility and well-being in West Michigan. West Michigan is known for its innovation in talent systems. This free conference is a landmark opportunity to take our efforts to the next level. For our first in-person convening of 2021, we will review how we can:
October ‘Issue Spotlight’ – Identifying New Sources of Talent
Critical Talent Issues Earlier this year Talent 2025 researched and surveyed member companies to better understand the unique challenges impacting both their existing workforce and their efforts to attract new talent. Respondents were provided a list of nine critical talent issues and asked to rank them based on importance. The responses were analyzed and the […]
As automation rises, innately human skills are vital
West Michigan employers were moving toward increased automation long before the pandemic accelerated that trend. Their experience shows the crucial role and growing value of soft skills in workers expected to perform alongside robotics and artificial intelligence systems.
The Current and Future State of Michigan’s Workforce
Key Insights Despite a high of 358,000 job openings Michigan’s labor force participation rate hit an all-time low of 58.9 percent in May 2021, a loss of 217,000 participants since COVID. Millennials, minorities, and women suffered disproportionate job losses and labor force exits at the onset of the pandemic that still persist, keeping thousands out […]
Our Next ‘Issue Spotlight’ Looks into the Future
The world of work is changing at an ever-faster rate, and this transformation is just as profound as the Industrial Revolution.
Assessing Racial Disparities in West Michigan’s Labor Market
The unemployment rate, labor force participation rate, and postsecondary attainment rate within a region are among the most pervasive indicators of economic prosperity utilized today. Each metric referenced above has continued to improve in West Michigan since the end of the Great Recession in 2009, but it is important to note that such progress has […]