Find out what CEOs and CHROs think about hiring, handling inflation, Federal Reserve policies, and how to shift from the Great Resignation to a Great Stay. Here's a sneak peek...
The Q3 report explores ongoing uncertainties in the economy. We examine inflation, Federal Reserve policies, indicators of job-based recessions, and delve into the current state of various US industries.
Businesses are grappling with inflation, interest rates, and a tough job market. Leaders are working to stabilize their companies by managing cash reserves while balancing short-term needs with long-term growth goals.
Understanding the talent market's dynamics, similar to the economy, reveals key points:
While there are slight improvements in the labor participation rate, there's a persistent trend of both men and women choosing to exit the workforce.
This ongoing shift makes it harder to find and hire suitable talent. It's crucial for organizations to acknowledge this trend and educate their hiring managers about the current market reality. Dive into the report on labor participation to learn more.
Amidst uncertain talent and economic conditions, organizations seek flexibility in their hiring processes.
Eliminating fixed costs and having adaptable scalability is crucial. Explore these market trends and contemplate how outsourced recruiting services, like those from Digi World Inc, can assist your objectives.
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