Hiring New Americans mitigates Critical shortage

The United States has been experiencing a labor shortage crisis in recent years. The shortage is being felt across many industries, from healthcare to hospitality to construction, and is creating challenges for businesses and consumers alike. While the causes of this labor shortage are complex and multifaceted, according to Jon Purizhansky, the CEO of Joblio Inc (www.Joblio.co) there is one solution that has the potential to address the issue: hiring refugees and new Americans. Joblio is a technology powered social impact enterprise that brings transparency and human rights into the industry of global labor migration and refugee movements. A Recipient of the Excellence in Human Rights protection award, Jon Purizhansky is a globally recognized subject matter expert within the space of global migration.

Jon Purizhansky points that one of the main causes of the labor shortage crisis is the demographic shift in the United States. The baby boomer generation is retiring, leaving a large gap in the workforce that is difficult to fill. According to the Bureau of Labor Statistics, the labor force participation rate for those aged 55 and older is expected to increase from 23.3% in 2019 to 25.2% in 2029. This means that there will be fewer people in the workforce, and the competition for workers will become even more intense.

Another factor according to Mr. Purizhansky that is contributing to the labor shortage is the low birth rate in the United States. In 2020, the birth rate was just 1.64 births per woman, which is well below the replacement rate of 2.1. This means that there are fewer young people entering the workforce to replace those who are retiring.

The COVID-19 pandemic has also had an impact on the labor shortage crisis. Many workers left the workforce due to health concerns or to care for children or elderly family members. The pandemic also disrupted supply chains, making it difficult for businesses to find the materials and supplies they need to operate.

In addition to these factors, there is a skills gap in the United States. Many industries require workers with specialized skills, such as healthcare or technology, and there are not enough workers with those skills to fill the demand.

Mr. Jon Purizhansky stressed that one solution to the labor shortage crisis is to hire refugees and new Americans. Refugees and new Americans are often highly motivated and have a strong work ethic. They are also more likely to be younger and have children, which can help to offset the demographic shift in the workforce.

According to the Migration Policy Institute, refugees and new Americans are more likely to be employed than the native-born population. In 2019, the employment rate for refugees was 53.5%, compared to 59.2% for the native-born population. While this gap is significant, it is important to note that many refugees and new Americans face significant barriers to employment, such as language barriers and lack of recognition of their credentials.

There are also economic benefits to hiring refugees and new Americans. According to a report by the National Bureau of Economic Research, immigrants, including refugees, have a positive impact on the economy, and their presence can lead to job creation and higher wages for native-born workers.

Furthermore, hiring refugees and new Americans can help to address the skills gap in the United States. Many refugees and new Americans have specialized skills and expertise that can be valuable to businesses. By hiring these workers, businesses can fill the demand for skilled workers and improve their competitiveness.

In conclusion, the labor shortage crisis in the United States is a complex issue with many contributing factors. While there are no easy solutions, hiring refugees and new Americans is one potential solution that can help to address the issue. Jon Purizhansky points out that tapping into the skills and expertise of these workers, businesses can fill the demand for workers and improve their competitiveness, while also providing economic benefits to the wider community.

Originally Posted: https://vocal.media/journal/hiring-new-americans-mitigates-critical-shortage-of-talent-in-us

How UN’s Sustainable Development Goals Help Grow Business

 In previous blogs, we’ve touched upon the importance of the UN’s Sustainable development goals when it comes to building a better, more equitable future for all. While the goals are altruistic, their implementation will also benefit businesses of all sizes moving forward.

With that in mind, here are just some of the ways in which the SDG’s can help you to grow your business.

The SDG’s can solve the staffing crisis. 

Canada is currently facing a rather alarming staffing crisis. For example, “There were 34,315 vacant nursing jobs in Canada at the end of 2021, a 133% increase from 2019” As these figures are reflected in just about every industry, it’s clear that the problem isn’t going to go away on its own.

“By working to uphold the UN’s aim to “promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all”, business owners can find new ways to fill these vacancies, such as by hiring foreign talent or refugees,”  said Jon Purizhansky, CEO and Founder of Joblio.

This will enable you to find new employees from your company sooner. rather than later. This will save your business money as you are no longer facing the massive cost of unfilled positions. 

Joblio hopes to help achieve this goal – in fact, it was the entire reason we launched the platform. By helping employers across all industries connect with their ideal employees, we’re not only working to reduce the impact of the staffing crisis but also ensuring that people have access to fulfilling and rewarding careers.

This works to directly support refugees’ economic agency as they’re able to pursue work that is meaningful and aligns with their talents, instead of being turned away to positions they are already qualified for. For example, a recent survey found that 62% of immigrants aged 15 and over are employed in Canada. While this is considerably higher than in other nations, there is still room for improvement – especially as a considerable amount of able individuals are actively seeking work.

The Sustainable Development Goals empower future innovators. 

Through improving access to education (goal four), work opportunities (goal eight) and reducing inequalities (goal ten), we’re building the working landscape of tomorrow. This means that we’re creating more diverse spaces, where new and innovative ideas can be brought to the table. As a result, when hiring a refugee you are bringing in key skills and “diversity which can enhance local economics and promote innovation and creativity”.

“As a result, in doing so, we’re empowering the next generation of entrepreneurs and innovators who will no doubt change many industries moving forward,” said Jon Purizhansky.

You can read about the success of many refugee-led businesses here.

The SDG’s fight poverty.

There are many ways in which sustainable development goals work to combat poverty. In relation to refugees or displaced individuals, these goals are designed to reduce the severe economic pressures they face when settling into their new homes.

Many studies have found that “economic poverty was endemic and a growing problem for refugees”, likely because they have limited access to employment opportunities. By providing them with access to fair wages, they can begin to progress through upwards mobility. They have more money to support themselves and their family and as a result, can begin to spend more money too. This benefits the growth of small businesses as they’ll receive enhanced custom.

When there is more money being spent as a whole, businesses are given the funding they need to thrive. As a result, working towards the UN’s sustainable development goals can prove to be not only rewarding but profitable.

To find out more, please do not hesitate to get in touch via email at employer@joblio.co or visit https://joblio.co.

Originally Posted: https://joblio.co/en/blog/how-the-uns-sustainable-development-goals-can-help-you-grow-your-business/