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Skills gap leaves jobs unfilled, budgets hurting

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in Hiring,Human Resources

Sixty percent of employers are concerned about the costs associated with delays in filling open positions, with one in four stating they have experienced losses in revenue as a result, according to a new CareeBuilder.com survey.

The problem: Not enough job candidates with the right skills.

More than half of employers surveyed (54%) said they currently have open positions for which they can’t find qualified candidates—and 35% said those jobs have been open for 12 weeks or longer.

How much does the skills gap cost? The CareerBuilder survey found that employers lose an average of more than $14,000 for every job that stays vacant for three months or longer. One in six employers said extended vacancies cost $25,000 or more.

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