Though the most recent recession was said to of ended over a year ago, the nation is still feeling the effect of the aftershock in the work place. Companies are rethinking their hiring processes, and using this post recession economy to retain their top talent as well as nurture their key contributors’ development.
Economists are saying that the employment-population ratio is currently a more accurate illustration of the labor market than the unemployment rate. The Labor Department estimates that there are 6.6 million people who want a job but have left the labor force for one reason or another. That’s the highest reading in 17 years