Article by Bryan Howard
July 12, 2018
Since President Trump cut regulations and lowered taxes business has been great. Currently we are seeing record low unemployment in minority groups and some of the lowest ever in Woman. The United States unemployment rate is at 3.8 percent, which is the lowest in 50 years. But how is this affecting the Companies?
For the first time ever there are more jobs available than people looking for jobs, because of the booming economy. Companies are having troubles keeping up with recruiting due to the growth of jobs.
According to Chip Cutter LinkedIn Editor-at-Large wrote, “In fields ranging from food service to finance, recruiters and hiring managers say a tightening job market and a sustained labor shortage have contributed to a surge in professionals abruptly cutting off contact and turning silent.”
The thought for this new behavior from employment seekers is because they are getting more and better job offers.
Cutter continued stating: “Where once it was companies ignoring job applicants or snubbing candidates after interviews, the world has flipped,” Cutter stated. “Candidates agree to job interviews and fail to show up, never saying more. Some accept jobs, only to not appear for the first day of work, no reason given, of course. Instead of formally quitting, enduring a potentially awkward conversation with a manager, some employees leave and never return.”
Under the Obama economy people were begging for jobs or welfare from the government, because of regressive leftist economic policies. Under President Trump’s economy people are willingly passing on jobs because they are getting better offers. Now we have evident proof, when you free up the markets jobs become plentiful.