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Jobless Rate at 17-Year Low

With the jobless rate at a 17-year-low, the number of employers planning to hire full-time permanent staff in 2018 rose to 44 percent, up from 40 percent last year, according to CareerBuilder.

What does this mean for employers? The market remains extremely tight. Retaining talent will continue to be difficult for employers that do not offer:

  1. Continued opportunities for development - no, you are not stuck in this role forever! Employees need to know they are working toward something.

  2. Strong compensation packages - solid annual rate increases during performance evaluation for those who perform well.

  3. Greater flexibility and autonomy - if working heavy hours, at least knowing you have some flexibility in how/when those hours come together is critical.


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