The Career News newsletter has a short article about “job churn” that provides some good news for our present economic situation. The immediate reaction of companies, in a slumping U.S. economy, is to pull back on hiring activity, declare hiring freezes and even make layoff announcements. But these are only short-lived strategies as employers soon realize that they are deficient on talent in a competitive job market. After a period of reactionary cutting and freezing, hiring activity will return to a level of normalcy. Hiring is largely a function of ‘job churn’ and there is no evidence that churn will do anything but accelerate in the coming quarters. Churn is… Read More
Continue Reading