INFLATION, RECESSION, THE EFFECT ON THE JOB MARKET

390,000 jobs were added in May, which beat expectations and performed much better than economists had predicted. With such a strong labor market, the Federal Reserve has been encouraged to increase interest rates even faster to fight inflation. Yet the unemployment rate has remained around 3.6%, which is incredibly low. We have seen some signs… Read more »

Hiring Employees – 2022

As an employer, if you are hiring, you are experiencing some very significant challenges. The trend we feel will continue throughout 2022. It is still an employees market, as we have a shortage of qualified workers and too many unfilled jobs. As a National Executive Search Firm, we are seeing the same issues throughout the… Read more »

HIRING AND INTERVIEWING IN TODAY’S MARKET

As most employers are aware, we are still dealing with a shortage of qualified candidates for their hiring needs. We have previously discussed putting together a strategic plan for hiring, which would entail bringing together all of the involved parties and coming up with a detailed job description and the requirements for the position. Additionally,… Read more »

EMPLOYMENT LEGAL TRENDS IN 2022

In 2022 and beyond, employers and employees are facing new challenges in dealing with legal issues that affect employment. Some of the key legal issues that employers need to be aware of are the continued response to Covid-19 which includes: remote working, vaccine mandates, safety issues in the workplace and measuring productivity of working at… Read more »

EMPLOYMENT TRENDS 2022- Part III

HOW TO HANDLE THE SHORTAGE OF TALENT Scarcity of talent is a significant issue today. It began with Covid-19, and since we have been recovering from the pandemic, there has been rapid business and economic expansion, technology continues to change the employment playing field and a change in employees attitudes toward work continues to be… Read more »

EMPLOYMENT TRENDS -PART II

When hiring in this very challenging environment, besides leadership and management skills which we discussed in our previous blog, companies are also paying attention to candidates’ communication skills. In every company whether you are working remotely or in the office, you need to communicate with colleagues, clients/customers, vendors and management. Today with so many people… Read more »