Monday, June 25, 2012

Why Good People Can’t Get Jobs by Peter Cappelli (Book Review)

It’s 2012, and in the United States we’re fast approaching another presidential election cycle. Different issues drive elections, but with a jobless recovery and a flat unemployment rate (8% officially but probably over 11% once you adjust for the millions who have dropped out of the job market or are underemployed), it’s very likely that jobs and unemployment will figure prominently in the upcoming November election.

There are many good articles and posts that provide explanations and opinions about the jobs picture. Many point out that companies today are banking their profits or making investments instead of creating new jobs, while other point to a skills gap and shortage of available talent.

Among the best analysis I've recently read is Wharton professor Peter Cappelli’s text Why Good People Can’t Get Jobs. Here the author offers fresh perspective and insight about the topic and challenges whether we really have a skills gap and the effectiveness of automated software in matching candidates to jobs. Cappelli also makes a strong case for renewed training, arguing that companies should invest much more in training talent to meet their needs and consider more apprenticeship and internship models.

Why Good People Can’t Get Jobs is a short, fast-moving text that I believe will benefit anyone involved or interested in creating jobs. Some of the material for the text was expanded from previous articles, including the following:

The Skills Gap Myth: Why Companies Can’t Find Good People