Attracting and Retaining Talent in the Face of Low Unemployment
Posted: 05/30/2019 - 03:30
The U.S. Department of Labor reports that employers outperformed forecasts in April by introducing over 260,000 new jobs. This growth, coupled with near-record unemployment is a double-edged sword for American organizations. Though it’s a positive sign for the economy as a whole, low unemployment and a wealth of job openings leave business leaders in a tough position. The fight for attracting top talent is increasingly crowded and competitive. What’s more, candidates have come to expect more in the way of compensation and additional value adds.