Jobs, at long last, appear to be back.
The U.S. economy added 298,000 jobs in June and another 209,000 jobs in July, according to the Bureau of Labor Statistics. Over the past six months, the economy has added 1.5 million jobs, marking the strongest six-month stretch for hiring since 2006. Meanwhile, job openings in the U.S. recently rose to the highest level in five years.
“It feels to me like the job market is humming,” Mark Zandi, chief economist at Moody’s Analytics, told the Houston Chronicle.
This is very good news for sure. Yet, good news that comes with a unique challenge. As the demand for workers grows, filling the talent pool becomes increasingly difficult.
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