It may sound cynical to say that bad news for job seekers is good news for employers, but in many cases, that’s absolutely the truth. The labor market, like any market, is based on supply and demand. When demand is high and supply is low, prices (wages in the case of the labor market) tend […]
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Tag: labor market
Workday Report Highlights Key Labor Market and Recruitment Trends
In a recent press release, people- and money-management solution provider Workday, Inc. announced findings from its semi-annual Global Workforce Report, which looked at data from a poll of over 1,000 respondents in July 2024, to help understand ongoing labor market and hiring trends. Here are a few of the report’s key findings. Labor Market Leverage […]
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