#workforce-trends

#workforce-trends

Working longer is becoming more necessary due to demographic shifts, but Americans are increasingly retiring earlier due to various reasons. [ more ]

The value of an Ivy League degree in hiring is declining as employers reevaluate the importance of college diplomas. [ more ]

Austin is the fastest-growing city for tech talent in the U.S. [ more ]

Office occupancy in Toronto is steadily increasing from the pandemic low, with an average weekly of 63%

The return to office is ongoing, and the final equilibrium post-pandemic is still uncertain [ more ]

Firms experienced associate overgrowth in 2021.

Lateral hiring became conservative due to factors like decreased workload and increased compensation. [ more ]

The fastest-growing age group in the US labor force is 65 and older.

Companies must value and create opportunities for older workers to prevent them from retiring prematurely. [ more ]

Employers are shifting towards skills-based hiring to improve diversity and address job shortages.

Despite the popularity of skills-based hiring, many companies are struggling to implement it effectively. [ more ]

Job seekers favor flexibility and autonomy, leading to a surge in contract roles.

Employers face challenges in correctly classifying contractors to avoid legal risks. [ more ]

Poly-employment, or working multiple jobs, is on the rise as workers face increasing living costs.

Data from a study by Deputy shows that the number of poly-employed shift workers more than doubled from 2021 to 2023. [ more ]

'Managing up' is a trend in which employees intentionally develop relationships with supervisors and upper-level management.

Understanding a manager's leadership and communication style is key to implementing 'managing up' practices. [ more ]

The analysis reveals a rise in older adults staying in the U.S. workforce due to various economic factors and lifestyle changes. [ more ]

Understanding the potential consequences of employing overqualified workers is critical for organizations amidst a trend where nearly a third of the global workforce views themselves as possessing surplus qualifications. [ more ]