Hi everyone,
It seems like the labor market experienced a significant transition from being an employee's market to leaning towards employers, particularly around 2023. This change can be attributed to various factors, including economic fluctuations, inflation, and evolving hiring practices in the post-pandemic landscape.
While many experts observed that the labor market began tightening in late 2022, the real tipping point for employer advantage appeared to solidify in 2023. Companies started regaining control over hiring processes, often resulting in more strict requirements and reduced salary offers compared to the previous years of high demand for workers.
If you're interested in discussing this further or exploring specific industries impacted by this shift, feel free to share your thoughts! Let’s dive into how these changes are affecting both employers and employees.
Thanks
It seems like the labor market experienced a significant transition from being an employee's market to leaning towards employers, particularly around 2023. This change can be attributed to various factors, including economic fluctuations, inflation, and evolving hiring practices in the post-pandemic landscape.
While many experts observed that the labor market began tightening in late 2022, the real tipping point for employer advantage appeared to solidify in 2023. Companies started regaining control over hiring processes, often resulting in more strict requirements and reduced salary offers compared to the previous years of high demand for workers.
If you're interested in discussing this further or exploring specific industries impacted by this shift, feel free to share your thoughts! Let’s dive into how these changes are affecting both employers and employees.
Thanks