The U.S. economy shed more than a quarter of million jobs in the first quarter of 2023 led by more than 100,000 tech sector layoffs. On the other hand, the broader job market remains resilient and historically tight.
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Forget the headlines, job recruiters and companies are finding skilled labor still hard to find in 2023.
“Ever since April of last year, I’ve seen an explosion in headlines about layoffs and warnings about the labor market being weaker than it appears … but these headlines don’t align with what I, as a recruiter, am experiencing on the ground or even official labor market statistics,” writes Atta Tarki in Harvard Business Review on Jan. 30, 2023. “In fact, the economy in early 2023 is not being roiled by layoffs — which are currently abnormally low compared to historical standards. This means the labor market remains really tight, despite arguments to the contrary.”
Business leaders have a responsibility to maintain a safe work environment for their employees, while also providing high service levels for their clients. Achieving both of these goals at the same time is particularly challenging in manufacturing, where hazards are an inherent part of business operations.
U.S. companies, many which are struggling in 2023 to hire workers for open jobs, are increasingly turning to staffing agencies to help streamline the recruitment process, save time and money, and find the right candidate.
With endless ways to job search today, you might wonder what the benefits are of working with a staffing agency. While it’s true that social media platforms, job boards, and networking can all help you find the best fit for you, a staffing agency can provide more insight into the matter.
In today's rapidly changing job market, having a well-rounded skillset is more important than ever. A strong resume showcases not only technical proficiency but also the ability to effectively communicate, collaborate and problem-solve.
Try to glean anything out of the 24/7 media spin regarding the economic outlook for the next year and it will be one word: recession, recession, recession.
Whether you’re in charge of planning a corporate holiday event or trying some new traditions for your own seasonal gatherings, checking out the latest holiday food trends for 2022 is bound to spark inspiration!
It may sound counterintuitive, but with the possibility of a recession looming, your company’s hiring decisions are more important than ever. While others downsize, you could be adding top talent that helps you ride out the business storm ahead.
In an age where job security is a thing of the past and employees are increasingly asked to do more with less, quiet quitting has become a popular way to push back against unreasonable demands.