article thumbnail

4 challenges facing recruiters in 2021 (and how to overcome them)

Social Talent

Some industries like tourism and transport have been massively hit, others like ecommerce and healthcare are booming. The post 4 challenges facing recruiters in 2021 (and how to overcome them) appeared first on SocialTalent. So how does a recruiter react to this flux? Well, HBR thinks that talent is still worth fighting for.

Tourism 200
article thumbnail

Boost Employee Retention Rates with 5 Actionable Tips

ApplicantStack

Employee retention is a concern in companies of all sizes, but for small businesses, it’s especially vital to avoid costly disruptions. More than just offering a bonus or a perk here or there, employee retention practices start with the first job posting and go well beyond the interviews and job offers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

JOLTS and jobs: Our talent experts discuss the latest labor reports

Eightfold

For the first time since May 2021, job openings fell below 10 million, decreasing to 9.9 The industries that saw the biggest decreases in job openings were professional and business services; healthcare and social assistance; and transportation, warehousing, and utilities. million or 6 percent, according to JOLTS. percent.

Report 90
article thumbnail

May BLS Report: Job Growth is Back on Track

Hireology

Additionally, the healthcare and social assistance sector added 46,000 jobs, transportation and warehousing added 23,000 jobs, and professional and business services saw an increase of 35,000 jobs. Our customers have seen an average of just over 8,000 hires per month in 2021, so this trend is encouraging. million men and 2.4

Report 148
article thumbnail

The Effect of Inflation on Attracting and Retaining Talent

Broadleaf

percent from November 2020 to November 2021. Lower-income households are impacted more by inflation because they spend a higher proportion of their income on essentials such as food, energy, and transportation. Over the past 12 months, food prices rose 6.4 percent, energy prices rose 33.3 percent in 2022 and 4.0 percent in 2023.

article thumbnail

An Economist’s Case for Investing in Workers When Inflation is High

Eightfold

Tech is laying people off, but there are still labor shortages in sectors like healthcare and transportation. For instance, when travel demand picked up in 2021, many airlines were short-staffed due to a lack of proper planning. And when airlines hired again, new employees weren’t familiar with protocols.

article thumbnail

Minimizing Employee Turnover: The Importance of a Strong Talent Retention Plan

Transformify - Recruiting

Keeping Track of Employee Retention: Why it Matters Maintaining low employee turnover rates can bring numerous advantages to your business. Investing in employee retention strategies can help reduce operational costs, as six in 10 employers reported that low turnover rates decrease costs. in 2021 to 35.1% turnover rate.