Tags: Siemens CEO Wrong Skills Keeping US Unemployment High

Siemens CEO: Wrong Skills Keeping US Unemployment High

Tuesday, 21 Jun 2011 08:41 AM

Too many unemployed workers in the United States don't possess the right skills needed to get good jobs these days, says Eric Spiegel, chief executive for the U.S. division at German engineering group Siemens.

Education and training shortcomings are forcing Siemens to hire from other companies or use recruiters to really search for the right people despite a 9.1 percent unemployment rate here.

"There’s a mismatch between the jobs that are available, at least in our portfolio, and the people that we see out there," Spiegel tells the Financial Times. "There is a shortage [of workers with the right skills.]"

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(Getty Images photo)
While many continue to send out resumes, a recent survey from Manpower, the employment staffing agency, finds that 52 percent of big U.S. companies are finding it hard to hire the right people, up from 14 percent in 2010, the Times adds.

Still, hiring should pick on a worldwide basis, Manpower CEO Jeff Joerres says separately.

"As demand starts to tick up, you're going to see more incremental hiring," Joerres says, according to Reuters.

"Most of the excess capacity has been filled in, so you're getting more hiring on the margin. That's what we're hearing from our clients."

Job prospects are improving in 20 of 39 countries and territories where Manpower conducts its survey compared with the previous quarter.

Hiring intentions were pretty much flat in four economies, including the United States, and worsened in 15 out of the 39.

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Too many unemployed workers in the United States don't possess the right skills needed to get good jobs these days, says Eric Spiegel, chief executive for the U.S. division at German engineering group Siemens. Education and training shortcomings are forcing Siemens to hire...
Siemens CEO Wrong Skills Keeping US Unemployment High
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