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How a Lack of Workers is Causing Wage Inflation in a Time of High Unemployment

If you look at the monthly data published by the Bureau of Labor Statistics, you might think that businesses have eager candidates lining up at the door to fill any job vacancy that becomes available. The reality for most companies is very different. Despite high unemployment rates, organizations all over the U.S. are struggling to […] Read Article “How a Lack of Workers is Causing Wage Inflation in a Time of High Unemployment”

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The Battle for Candidates: Why Employers Are Struggling to Hire Talent In 2021 – Part 1

It’s no secret that the COVID-19 pandemic and stimulus checks have transformed the job market for good. Remote hiring, a shrinking labor force, and a lack of candidates are just a few of the big changes that are affecting companies all over the US. You might be wondering how organizations are having a hard time […] Read Article “The Battle for Candidates: Why Employers Are Struggling to Hire Talent In 2021 – Part 1”

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As the Labor Force Shrinks, Wages Increase

The labor force in the United States is the powerful motor that drives economic growth and makes it possible for companies in different industries to hire a wide range of talent and continue innovating. The U.S. labor force participation rate has been steadily falling for about 20 years and will probably result in some big […] Read Article “As the Labor Force Shrinks, Wages Increase”