Job Openings and Labor Turnover Summary

September 11, 2019

In case you missed it:

 

WHAT (BUSINESS LEADERS) NEED TO KNOW:

 

Job openings have hit a record high - over 7M jobs in the US.

 

REACTIONS: Great news! Bad news! This is a double edged sword. For job seekers this means there's a lot more opportunity IF you are in an in-demand profession. For business leaders, be prepared - finding folks and keeping your talent just got much, much harder.

 

VERDICT: Skim It: There's a lot of data here that you may or may not be interested in. The message is, however, very clear. As long as demand for talent continues, you will need to operate differently when it comes to managing your talent.

 

#businesscycle #labormarket #laboreconomics #labormarket #retentionstrategies #hiringtrends #talentacquisition #talentmanagement 

  

 

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