Unfilled Jobs Cost Employers $160 Billion Annually

Unfilled jobs cost billions each year

In the US, 33% of job vacancies remain open for three months or more. The cost of these unfilled jobs reaches $160 billion each year, a significant cost to the nation as a whole, businesses and individuals.

These findings come from a study conducted by the Centre for Economics and Business Research (Cebr) on behalf of Indeed. The study …

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What the September Jobs Report Means for Retail Employers

What does the latest BLS jobs report mean for business?

Following August’s weak job creation, many expected that hiring would rebound in September — a response to increased confidence in the economic recovery. Today’s jobs report reveals that rebound was even better than expected.

Payroll employment is up by 248,000 and the unemployment rate is below 6% for the first time in over 6 years, meaning that consumer confidence …

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