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Understanding America’s Labor Shortage And The Evolving Workforce

HR Digest

The labor force participation rates are quite astounding, with Trading Economics reporting that the numbers have decreased to 62.7 The highest point of the labor force participation rate reaches all the way back to January 2000 when 67.3 percent in October 2023. This is one of the primary reasons for the labor shortage.

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Playing the Long Game: The Employee Retention Process in HR

HR Digest

While it can feel like a localized issue, such market changes are just as possible in U.S. Analyze hiring practices by competitors and see what benefits they offer Keep an eye on research reports that are put out by organizations like Deloitte, McKinsey, SHRM, etc.

Process 59
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Learning & Development’s Role in Operational Efficiencies in 2022

HR Digest

According to Mckinsey & Company , “Leaders have an essential role to play in developing solutions to tackle these challenges.” With higher participation rates and fewer distractions, classroom-based training can actually cost much less to develop than interactive eLearning content. Training Remote Managers.

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Avoiding The Technology Trap In The Future Of Work

The Horizons Tracker

The research was arguably the first study that attempted to predict how technologies such as artificial intelligence and robotics would impact the labour market. Greater civic participation, by encouraging wider sections of society to vote and engage in other aspects of civic life.

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Working Mothers Are Important Contributors to the U.S. Labor Force

HR Digest

Bureau of Labor Statistics reporting that the labor force participation of women in their prime, aged between 25 and 54, has increased to 77.8 Labor force participation rates are also clear on the fact that working mothers with younger children (aged below 5) were less likely to participate in the workforce earlier.

GDP 98
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Put the “and” Back in “Sales and Marketing”

Harvard Business Review

Nowhere else in the executive suite of a typical corporation are two functions as closely intertwined as sales and marketing. Yet for all the shared responsibility, the marketing and sales relationship has often been a contentious and lopsided one, with sales dominating in B2B sectors while marketing leads in B2C ones.

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Ask, Learn, Follow Up and Grow

Marshall Goldsmith

As Edgar Schein notes in this volume, leaders will need to effectively involve others and elicit participation “because tasks will be too complex and information too widely distributed for leaders to solve problems on their own.” The world is changing too rapidly. No one person will be smart enough to keep up. What would happen?

Follow-up 147