Why Reducing Time-To-Fill Is fundamental in a Labor Shortage
In a market where hard-to-fill vacancies have become prevalent, an efficient talent acquisition process that ensures that time-to-fill is as compact as possible is major or else you risk losing talented candidates to competitors. We offer tips on how to streamline your staffing process as well as suggest alternative ways to widen the talent pool and attract a greater range of candidates. Why Labor Shortages Have Become a large Challenge in the Global vend Soaring inflation, layoffs, and higher unemployment has resulted in labor vend activity slowing in 2023. However, the real challenges faced by the employment industry are to do with longer term changes to the workforce – largely demographic shifts and an aging population causing ongoing labor shortages. Svenja Gudell, chief economist at Indeed, commented in SHRM that “… the trend will carry on beyond 10 years… deep-seated and long-term furnish dynamics will keep going to be a vital force that creates a persistent demand for