Today’s labor market and economy are truly unique. The demand for labor during the pandemic recovery is fierce and quit rates are at record highs. Employees and employers across the United States are feeling the effects of inflation at its highest level since 1982. When the national labor shortage is combined with the declining value…
The United States is in the midst of a historically tight labor market. As we emerge from the pandemic, employers are signaling they are eager to hire. The number of open positions has nearly doubled since the beginning of the year and far exceeds candidate demand. To attract candidates in this fierce job market, companies…
After several rounds of interviews and assessments, the perfect candidate has accepted your job offer for a hard-to-fill position and handed in his resignation at his current employer. A week later the candidate calls back stating that his current employer has made a counteroffer —or worse yet —the candidate just disappears completely and stops returning…
It’s no secret that the U.S. labor market is in shambles. Millions of Americans find themselves out of work—while millions more job openings remain unfilled. To make matters worse, the U.S. labor force participation rate has plunged to historic lows since the start of the pandemic in March 2020—reflecting an employment deficit that hasn’t been…
The future of work has never been more ambiguous. As remote work trends have become increasingly prevalent since the start of the pandemic, HR leaders are curious as to what the long-term outlook of hiring trends will look like. Will new hires expect to work from home versus in an office? Are more companies going…
As the busy holiday season draws closer, retailers and e-commerce businesses are gearing up for the hiring period that lies ahead. Recruiters and HR professionals will begin to hire hundreds—if not thousands—of workers in the weeks ahead. What should leaders in the retail and e-commerce space expect in the months ahead? How will this hiring…
The financial services sector was one of a handful of industries that experienced positive job growth during the COVID-19. Despite businesses in hospitality, entertainment, and recreation being decimated by pandemic lockdowns, those in professional services actually saw increases in year-over-year revenue. So, what caused such a rise in demand for financial services talent? According to…
In recent months, COVID-19 vaccines have quickly become one of the most polarizing and highly politicized topics in the United States. Despite more than 170 million Americans being fully vaccinated, a large percentage of the population is still skeptical of this inoculation. But after the Pfizer vaccine received full approval from the U.S. Food and…
Broadleaf’s President and CEO Lynne Marie Finn was recently featured on ClearEdge’s podcast, “Think Big, Be Bold, Act Fast” with host Leslie Vickrey. The two touched on Lynne’s journey growing up working for a family-owned business along with her experience as a woman business owner and her expertise in the workforce management space. Listen to…
Recent action taken by the U.S. Department of Labor (DOL) will make it more difficult for businesses to classify workers as independent contractors rather than employees. The DOL announced the withdrawal of the Trump-era Independent Contractor Rule as it moves to ensure compliance with minimum wage and overtime compensation regulations. According to the DOL’s announcement,…
