today we cover:
- Why Spain can’t fill jobs despite its 5 million unemployed
- How the Income Gap is growing and growing
- Why 1-on-1s should be dialogues and not group discussions
Cover Story – Spain’s Talent Mismatch
With an unemployment rate of 20.4% Spain is having difficulties to match labor demand with the right talent in a post-recession economy.
Most of the unemployed citizens just simply lack the required skills that companies are demanding. And this group of citizens accounts for almost 5 million people.
It will be interesting to see how the country plans on tackling this divide via education reforms and other stimuli.
This Week’s Finest – Wealth Development in U.S. cities
Technology Can Raise Wages for Most People but the Truly Poor (URL) – Research suggests that technology industries can have a net positive effect on wealth creation in their particular location.
Yet there is no firm evidence that technology eradicates poverty for the very poor segments of society.
99% of Post-recession Jobs Went to People with College Degrees (URL) – Reports suggest that after 2010 the U.S. had created 11.6 million new jobs – 11.5 went to those with at least some education.
Worth Reading – HR Practices
Group 1-on-1s Only Sound Good on Paper (URL) – There is too many things that can go wrong:
- No continuity of manager-employee relationship
- Lack of accountability
- Unclear hierarchy and reporting lines
5 Roles for HR Departments of the Future (URL) – Forbes compiled a neat list of possible HR roles for the future:
- Manager of Employee Engagement
- Director of Learning
- Diversity Officer
- Mindset Coach
- Talent & Repertoire Manager
Please let us know what you liked, what you disliked and which topics you would love to see in the future.
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Have a great week,