All the numbers suggest that the U.S job market is currently in wonderful shape: in October of 2018, the Department of Labor (DoL) reported that unemployment was at its lowest since 1969. More workers, more talent, and upward mobility; this should make recruitment easier – right?
However, the high employment rate is not good news for employers. Lower unemployment means that hiring has shifted to a “buyer’s market” for employees, leaving employers desperate to be picked.
Employers have always complained, “It’s hard to find good talent.” But this time, do all their difficulties boil down to increased competition, or is there something else at play?
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