It currently takes an average of 31 days to fill a position vacancy in the United States, according to a recent report by Deutsche Bank. This is the longest span ever, contrasted against 15 days to fill a job in 2009.
As if to confirm the report, the National Federation of Independent Business (NFIB) recently said 85 percent of employers claim to have few or no qualified applicants.
Additionally, the NFIB reported earlier this year that 33 percent of small businesses could not fill a job vacancy from the previous month.
Experts pointed out that wages might be a contributing factor in the “tight” labor market. Some employers have quickly filled positions with qualified candidates simply by offering better wages.
To discuss strategies for strengthening your recruitment efforts, please contact your Employee Benefit Advisors, Inc. representative.
Since 2004, the Federal Emergency Management Agency (FEMA) and the national Ready Campaign have promoted National Preparedness Month (NPM) every September. NPM encourages Americans to take steps to prepare for all types of emergencies and strives to increase the overall number of people, families and communities that engage in preparedness actions.
The most recent data from the Red Cross, though, reveals that despite 8 out of 10 Americans feeling unprepared for a catastrophic event, only 1 in 10 has taken the following appropriate preparedness steps:
Remember, you can’t plan when a disaster will occur, but you can plan ahead to be prepared if and when a disaster does strike. This September, take time to learn more about NPM and take the suggested steps to become properly prepared. For more information, please visit the NPM website.