America has a “Talent Crunch,” and it effects employers in just about every industry across occupations, both white collar and blue. For the 74th consecutive month, the U.S. economy has reported gains in jobs, according to the U.S. Department of Labor’s December Jobs Report. Meanwhile, the unemployment rate is at a nine-year low of 4.6%, which is considered at or below full employment. Currently, there are more job openings for skilled positions than there are job seekers. This has created a Talent Crunch that is frustrating employers. There are strong indicators that 2017 will be a banner year for companies and workers. For those who have been thinking about getting back to work or have been actively pursuing a new job, 2017 is the year for the job candidate. Providing recruitment process outsourcing services to employers for 20-plus years, we have navigated many talent crises before. Remember the Y2K War for Tech Talent? How about the dot.com days when candidates were recruited away from large iconic companies to join sexy startups, or the pharmaceutical talent shortages of the early 2000s? Unlike like past booms and busts, our current job market is not industry specific or job type specific. Careers where… Read full this story
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