So far in the new decade, the unemployment rate has sat at a low 3.6% and the labor force participation rate has continued to increase, currently at 63.4%, according to the Bureau of Labor Statistics. A thriving job market is excellent news, specifically for job seekers. It’s no secret it’s a candidate-driven market, meaning organizations are competing with each other to attract and retain top talent. In fact, according to a ManpowerGroup survey, attracting and retaining skilled workers has rarely been more challenging as 69% of U.S. companies report talent shortages – the highest in over a decade! Now more than ever, recruiting is absolutely essential for organizations.
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