ManpowerGroup And Competitive Wisconsin Inc. Release "Be Bold 2: Growing Wisconsin's Talent Pool"

MILWAUKEE, Oct. 17, 2012 /PRNewswire/ -- ManpowerGroup (NYSE: MAN), the world leader in innovative workforce solutions, and Competitive Wisconsin, Inc. (CWI) recently published an extensive report "Be Bold 2: Growing Wisconsin's Talent Pool" which details how Wisconsin's business, government, and academic leaders can tighten the state's skills gap and build a sustainable and globally competitive workforce that accelerates the state's economic growth tract.

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The Be Bold 2 initiative began with an assessment of Wisconsin's supply and demand profile in five skills clusters which generate more than half of the state's gross domestic product (GDP).  Today 6,440 jobs are unfilled in these five critical clusters: Systems & Network Software Development; Nursing & Health-Related; Accounting & Financial Analysis; Mechanical Engineering and Metal Manufacturing. ManpowerGroup's research predicts that if Wisconsin does not take steps to advance these clusters, that figure will exceed 54,000 over the next 10 years.

Be Bold 2 also cites how succeeding in today's economy demands mobility across industries and roles, as employment ecosystems that operate as outdated occupational silos are increasingly ineffective. Contemporary skills clusters group multiple occupations, which share similar skills, to mobilize workers across functions and industries and ultimately multiply their work opportunities. In Wisconsin five critical skills clusters will fuel the growth of six key industry sectors, according to Be Bold 2. See how these clusters align with industry sectors here on page 25 in the Be Bold 2 report.

"Across the United States and other regions around the world, all stakeholders in economic progress must participate in strategizing how to solve a really big problem with serious long-term effects," said ManpowerGroup President of the Americas Jonas Prising.  "Regions making the most progress in solving the world's skills crisis are the result of stakeholders in the employment ecosystem – employers, educators, government and individuals – working cohesively together." 

ManpowerGroup's Talent Shortage Survey has documented, for seven consecutive years, an alarming number of employers who can't find the right skilled talent needed to grow their companies. In the United States, 49% of responding employers reported difficulty filling mission-critical positions within their organizations, reports the 2012 ManpowerGroup Talent Shortage Survey.

"Governments everywhere are increasingly aware that the talent mismatch negatively affects social stability, youth unemployment, and economic competitiveness," Prising added. "They must better anticipate key talent shortages or surpluses that affect their ability to retain and attract employers. Predicting demand for the rightly-skilled talent over time is critical to determining what strategic interventions are required across the regional employment ecosystems."

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