
Good morning.
With the battle for talent still going strong—and apparently impervious to the recession threat—Ellen McGirt and I sat down this week with Chris Hyams, CEO of job listing aggregator Indeed.com, for our podcast, Leadership Next. Here’s what he had to say about the worker shortage:
“Technical recession and 3.5% unemployment tend to not go together historically. But it’s almost become boring to say we are in uncharted territory…There are two open positions for every worker out there that is potentially looking for a job…There are actually more open positions plus filled positions than there are workers in the workforce. And that’s relatively new territory.”