"While The Great Resignation may have seen employers scrambling to hire qualified workers, the tables have turned and now many job seekers in The Great Pause are struggling to get hired at all," American Staffing Association CEO Richard Wahlquist told Fortune.
"It was a job seekers' market in 2022 and early 2023," notes Wahlquist, adding that at one point there were multiple job openings for every job seeker. "Businesses didn't want to lose out on top workers at a time when so much top talent was resigning, so they hired more workers than they needed," he said.
Employers have leverage now, and many job seekers are finding their options to be like the dating pool in NYC or the frozen foods selection at Trader Joe's on a Sunday - a little bleak or picked through.
A separate poll from The New York Federal Reserve found that the number of people applying for jobs has reached a 10-year-high, yet many job seekers report not having a single job interview this year.
Collection
[
|
...
]