Low Unemployment Rates Turn the Tides in Hiring

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

Low unemployment rates are giving employees the upper hand in hiring. How are they responding, and what can employers do about it? 


Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

After years of rough economic conditions that caused unemployment rates to skyrocket, the tables have turned in hiring. Now that the economy has improved, the job market favors candidates instead of employers. Unemployment rates are the lowest they have been in almost 20 years, and employers in a range of industries are having difficulties filling job openings.

This month’s About Your Business column covers a specific hiring issue employers are seeing: “employee ghosting,” which is when employees either fail to show up for work on the first day of a new job or quit without giving notice, or when potential employees do not arrive for scheduled interviews. Todd Palmer, president of Diversified Industrial Staffing, provides an overview of the causes of this trend and gives employers a few ways to help prevent it. Read “Employee ‘Ghosting’ May be the New Norm.”


  • Ten Ways To Maximize Profits In Any Economic Environment

    In these tough economic times, it’s difficult to keep your company above water, let alone profitable. When business is booming, many shops focus on job completion and quality.

  • From Job Shop Chaos To Lean Order

    Classic lean manufacturing principles are practically taken as gospel, but benefits can be elusive for manufacturers that produce a variety of parts in low volumes. This shop took a different approach to lean—one aided by software that helped identify a more efficient machine layout based patterns in part routings.

  • Hobbing on a Turning Center

    This manufacturer’s use of live-tool lathes overcomes labor cost in various ways. One of the latest sources of savings involves bringing another operation—hobbing—into these machines. INCLUDES VIDEO.