Industry News

5 Trends that should scare the Hiring Halloween out of you!

 

1- Unemployment in the US unexpectedly dropped to 4.2% in September, the lowest rate since February 2001. For those with at least a bachelor’s degree, it’s around it’s around 2.5%. That means it will be highly unlikely that you will be able to hire someone who won’t need to quit a job. That’s chilling…

2- Most companies will be adding to staff in 2018, meaning the competition for available talent will be ratcheting up another notch. The competition for talent will be more fierce than anytime in history. Downright ghoulish…

3- One thing hasn’t changed: Baby-boomers are still leaving the workforce at around 10,000 each calendar day. That won’t change for another dozen years or so, further squeezing the talent pool while simultaneously draining corporate experience. Terrifying…

4- You will increasingly need to focus on hiring and retaining the scariest group of all. Zombies? Vampires? Werewolves? You wish; I’m talking about Millenials! Simply bloodcurdling…

5- Technology is rapidly changing. If your company manufactures products you’ll likely see that in ERP systems, factory automation, and so on. But the recruiting technology is changing rapidly also. How recruiters identify potential candidates and how candidates search for and evaluate opportunities is quite different than it was just a year ago. It can be frightening…

 

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