Costly Churning of Talent Ahead for American Business

As we highlighted in the November 2009 issue of Trends, there is a growing mismatch between employee skills and employer needs. For unskilled and semi-skilled workers, it will remain a “buyer’s market” and headline unemployment will stay stubbornly high. However, there will also be a dramatic increase in competition for skilled employees as increased demand runs headlong into the supply issues driven by demographics. As economic conditions improve, will we see a rush for the exits by top talent seeking better deals? If so, what are the implications for employees, employers, and the economy overall? We’ll show you.

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