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The October Jobs Report: Why You Need A Focused Approach to Hiring Talent 

Hireology

With a national unemployment rate of 6.9%, we continue to inch closer to pre-pandemic levels of employment, and have made it back to the level of unemployment that we saw two to three years after the 2008 recession. Additionally, the amount of people unemployed for 15 to 26 weeks decreased by 2.3 million to 2.6 million individuals.

Report 148
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Five Ways to Utilize Contingent Labor During an Economic Downturn

Acara Solutions

However, this recession is expected to differ from the ones experienced in 2001 and 2008 in that it could be quieter, slower, and longer, making flexibility in talent strategy even more critical. The job market bounced back quickly, causing employers to hire permanent employees with inflated wages due to talent scarcity.

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How Work Culture Has Changed Over the Years

JazzHR

If an office worker from 2008 were to suddenly find themselves in an office in 2018, they would experience very different environment. In 2008, the iPhone was only a year old! In recent years, more organizations are choosing to hire contract workers rather than full-time employees. employed 3.10

Culture 136
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What does hiring freezes mean for the tech industry?

The Getwork Blog

For their 2023 financial year, Apple plans to slow hiring in some business areas and will not backfill some positions despite the much-rumored launch of their VR headset next year. Meanwhile, Alphabet (the parent company of Google) CEO Sundar Pichai has informed employees of a hiring slowdown. Take Mailchimp for example.

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How To Do (and Price) A Temp Deal

NPA Worldwide

Since 2008, Headcount has helped staffing firms across all 50 states mitigate liability, reduce costs, and maintain full hiring compliance. Many business owners assume that temporary staffing success starts with making the hire. Burdens Overhead costs (pay amount, taxes, insurances, benefits, admin costs).

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How To Sell Your Staffing Agency (And Why Contract Staffing is a Must)

NPA Worldwide

Since 2008, Headcount has helped staffing firms across all 50 states mitigate liability, reduce costs, and maintain full hiring compliance. Building and running a successful direct-hire staffing agency can make for a great career — but without careful planning, it doesn’t always make for great retirement cash flows.

Staffing 158
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The April BLS Jobs Report Recap

Hireology

This is the opposite situation that we saw following the 2008 recession, but we know it will take time to have everyone feel comfortable returning to work, with continued health concerns and child care responsibilities. The issue for many employers is not that they aren’t seeing the demand in supplies and services to warrant hiring.

Report 148