Where Have All The Workers Gone?
Job opportunities have returned to the market, but the workers haven’t. Why is that? Competition for talent has increased dramatically. What you did in the past is likely not working to identify, attract and retain talent in the current environment. People have returned to school to improve their skills. People are looking for better work-life balance, especially with childcare and other family issues creating the need for more flexibility. People are finding other options to change their lifestyle. The result is that there is a worker shortage at the present time.
HCC’s Harlan Schafir talks about the talent supply and demand challenges that many companies are facing across the country, and what you can do about it.