How to attract new talent in the new era of stagnating labor pool?

How do the companies compete for limited workers in the new era of stagnating labor pool?

  • A ‘new era’ of the stagnating labor pool may become permanent.
  • To compete for limited workers, companies tend to boost pay and apply a hybrid working style.

Microsoft Corp’s President Brad Smith told Reuters in an interview that Companies in the United States are facing a “new era” in which fewer individuals are joining the labor market and the demand to pay higher wages may become permanent.

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