CareerBuilder Meets With Warren Buffett on How to Repair and Refuel the U.S. Job Market

CHICAGO, Oct. 26, 2011 /PRNewswire/ -- CareerBuilder, the world leader in human capital solutions, is meeting tomorrow with one of the most renowned minds in business to address the U.S. jobs situation.  CareerBuilder CEO Matt Ferguson and other company executives are sitting down with business magnate and philanthropist Warren Buffett to discuss obstacles to economic growth, the skills deficit for in-demand jobs and what is needed to accelerate job growth for the millions of unemployed Americans.  

Tomorrow's brainstorm is part of both CareerBuilder's and Warren Buffett's ongoing conversations with U.S. business and political leaders to figure out ways to get America back to work.      

"We have a common mission and are excited to share ideas and perspectives with

Warren Buffett, one of the greatest business and economic leaders in the history of our country," said Matt Ferguson, CEO of CareerBuilder.  "In addition to creating a sustainable stream of new jobs across industries and job levels, we as a nation need to address the growing shortage of skilled labor.  We have industries such as healthcare and information technology producing jobs in strong numbers, but can't find enough qualified people to fill positions – putting continued growth in jeopardy.  We have other industries unable to bring back employment to pre-recession levels.  We need to devise better ways to expand small businesses, 're-skill' workers and re-energize Americans' confidence."

CareerBuilder and Warren Buffett are strong supporters of Junior Achievement, a non-profit impacting 4 million U.S. students.  The organization provides hands-on experience that encourages knowledge and skills in financial literacy, work readiness and entrepreneurship. The meeting tomorrow will be in part looking at how organizations like Junior Achievement can be further leveraged.

In addition, CareerBuilder will be discussing how to put its extensive market data into action and provide insights to job seekers on where to look for opportunities.  CareerBuilder recently announced a commitment to the Clinton Global Initiative, which convenes global leaders to devise and implement innovative solutions for some of the world's most pressing challenges.  Through its commitment, CareerBuilder is providing the U.S. Department of Labor's CareerOneStop centers with complimentary usage of CareerBuilder's online Supply & Demand Portal, which identifies occupations and markets with the greatest supply and under-supply of talent.  CareerOneStop Center staff can use this information to assist job seekers in identifying and retraining for new career paths.

About CareerBuilder®

CareerBuilder is the global leader in human capital solutions, helping companies target and attract their most important asset - their people. Its online career site, CareerBuilder.com®, is the largest in the United States with more than 24 million unique visitors, 1 million jobs and 40 million resumes. CareerBuilder works with the world's top employers, providing resources for everything from employment branding and data analysis to recruitment support. More than 9,000 websites, including 140 newspapers and broadband portals such as MSN and AOL, feature CareerBuilder's proprietary job search technology on their career sites. Owned by Gannett Co., Inc. (NYSE: GCI), Tribune Company and The McClatchy Company (NYSE: MNI), CareerBuilder and its subsidiaries operate in the United States, Europe, Canada and Asia. For more information, visit www.careerbuilder.com.

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SOURCE CareerBuilder