Category: Sourcing and Recruiting

Sourcing and Recruiting covers a wide range of business and HR practices to attract, identify, hire, and onboard people. (Talent Acquisition.) It includes topics like employment brand, job advertising, sourcing strategies, internal mobility, pre-hire assessment, interviewing strategies, job offer and background checking, pre-boarding, and onboarding.

Labor shortages are here 0

Why We Are Entering A Secular Labor Shortage

There are lots of economists waiting for the labor market to “cool,” enabling unemployment to rise and inflation to slow. Yet despite these projections, unemployment remains at a 45 year low and it’s still hard to hire. Why the change? Our research clearly shows that we’ve entered a whole new economy, one that makes labor ... Read more»

SeekOut Brings GPT4 To Recruiters. Eightfold Launches Copilots For HR.

Two exciting AI announcements for HR today: SeekOut Assist and Eightfold Copilots for HR.

SeekOut Announcement: Giving Recruiters SuperPowers

SeekOut, a fast-growing recruiting and talent intelligence vendor, introduced one of the most exciting new applications of Generative AI today: Seekout Assist. This new product, which builds on the company’s powerful talent intelligence platform, ... Read more»

The Churning US Labor Market… And Why We Need “Labor Anthropologists.”

While I’m not formally trained as an economist, I spend so much time with companies HR departments I feel like we are “micro-economics” experts. So in a confusing time of paradoxical data (low unemployment during growing layoffs), let me explain what’s happening.

The US Labor Market Is A Churning Engine

While it’s tempting to think ... Read more»

Labor Shortage In The Middle Of A Business Slowdown? It All Makes Sense.

Why do we have a labor shortage as we enter an economic slowdown? It’s an interesting paradox.

For the first time I can remember we’re entering a global economic slowdown yet the unemployment rate has dropped to the lowest it’s been in 53 years (3.4%)  There is a shortage of people to take the jobs ... Read more»

Understanding The Tech Layoffs. Could They Have Been Prevented?

Time to talk about layoffs, a topic nobody likes. And while you may consider layoffs a “case of bad management,” let me convince you otherwise. In some sense they’re just a fact of life, and often we simply need them. Here is my argument.

The Growth Cycle Of A Business

Companies, like people, go through ... Read more»

We Are Becoming A PowerSkills Economy

Everyone keeps talking about the economy these days. Interest rates are rising, inflation feels out of control, and there’s a hint of recession in the air. Yet job growth remains strong and unemployment is low. What’s really going on?

After years of study and hundreds of conversations with business leaders, I’ve come to a ... Read more»

The Healthcare Industry Has A Talent Crisis: We Found The Cure.

We just completed a massive study of the talent and HR challenges in healthcare, and the findings are astounding. And there is a lot to learn from this industry.

To start, you should understand that healthcare is now the largest industry in the United States. Almost 14% of the American workforce serves in this ... Read more»

The Hot Labor Market Has Almost Become A Crisis

Unbelievable. After four months of worries about a recession and a steady increase in interest rates, today the BLS reported that 528,000 jobs were created and the unemployment rate dropped to 3.5%. This is the lowest it has been since 1969, a year when I was in middle school.

And at the same time ... Read more»

Becoming Irresistible: Now Is The Time

This week we launch our Irresistible Conference at the same time the stock market has plunged, interest and mortgage rates are rising, and economists are worried about a recession. It reminds me of our first Impact conference in 2008, which we launched the month the financial meltdown began.

Whether the economy goes down or ... Read more»

Beamery Acquires Flux: A New Type Of Talent Marketplace

The Talent Marketplace space is red hot. Driven by the hot job market, companies are snatching up tools to improve internal mobility and the Talent Marketplace segment has become essential.

This space, pioneered by vendors like Gloat and Fuel50, was designed to use AI and skills inference to help employees find internal jobs, roles, projects, ... Read more»

Recruiting Is Harder Than It Looks: 74% Of Companies Underperform

This week we launched our new global Talent Acquisition research (all about sourcing, recruiting, and attracting people) and the results are staggering. While nearly every company is trying to hire (the unemployment rate is below 3.6% and the economy is creating more than 400,000 new jobs each month), recruiting teams are not keeping up.... Read more»

From The Great Resignation To The Great Inflation. It’s Time To Get Creative.

This month we learned that the US inflation rate is over 7.5%, the US economy is growing at over 5.5%, and more than 460,000 jobs were created in January alone. The global economy is growing at a record rate and companies are finding it harder and harder to hire.

We’ve gone from “The ... Read more»

What Should We Do About Inflation?

Everywhere you go people are talking about inflation. And for good reason: this month we saw an annual 7% inflation rate, the biggest gain in 39 years. And as I see it, this is likely to continue, so what are we going to do?

First, Why The Inflation?

While there are many contributing causes, ... Read more»

The Job Market Is Going Crazy And It’s Going To Get Worse. How Do We Recruit?

The labor market has gone a bit crazy. In the United States, there are more than 161 million people working and 15.7 million jobs open. This means that roughly one in 10 seats in your office are empty, and you’re competing with everyone else for staff.

Adding to this frenzy, the job creation continues. ... Read more»