The economy continues to recover from pandemic-related impacts, yet growth is slowing likely due to large labor shortages. Sourcing challenges abound as job openings exceed job recovery levels and quit rates reach an all-time high. The war for talent is intensifying and business leaders need to think strategically about how to solve for the workforce challenges ahead. Updated with September jobs report data from the Bureau of Labor Statistics, plus AGS requisition and worker starts data, this report offers data-driven insights to help businesses approach those decisions using the most recent market data and analysis available.
The economy continues to recover from pandemic-related impacts, yet growth is slowing likely due to large labor shortages. Sourcing challenges abound as job openings exceed job recovery levels and quit rates reach an all-time high. The war for talent is intensifying and business leaders need to think strategically about how to solve for the workforce challenges ahead. Updated with September jobs report data from the Bureau of Labor Statistics, plus AGS requisition and worker starts data, this report offers data-driven insights to help businesses approach those decisions using the most recent market data and analysis available.
An overview of US labor market conditions
Local market reactions segmented by industries and regions
Implications for sourcing and workforce strategies
Views on requisition data as a leading trends indicator
Factors that could put economic recovery at risk (health concerns & home responsibilities)
Changing unemployment benefits and their impact on going back to the workplace
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