The state of the labor market is a significant factor in how companies determine their talent acquisition and retention strategies. However, recent conditions demonstrate the low unemployment rates have remained consistent, while concurrently, there is news of layoffs across major U.S. companies. This is an unusual set of circumstances since companies cutting jobs would logically… Read More »
Tag: paradox of layoffs and low unemployment
(Part 1) The Paradox of Layoffs and Low Unemployment: Exploring the Contradiction and Its Implications for Job Seekers
It is crucial for job seekers to know what type of job market they are facing so they can strategize and make the most effective decisions on what types of opportunities to pursue and what to expect from their endeavors. Recent data shows both continued low unemployment rates, while also a rise in layoffs among… Read More »