Highlights from our top articles for August include five talent pools companies can source from to help fill open jobs, LinkedIn’s new “Diversity Nudges” feature, and why 31% of retirees would consider returning to the workforce if inflation continues.
As the struggle to secure talent continues, McKinsey & Company identified five talent pools from which companies can source talent — “Traditionalists,” “Do-it yourselfers,” “Caregivers and others,” “Idealists,” and “Relaxers.”
LinkedIn has launched “Diversity Nudges,” which will allow recruiters to see when the gender representation of a talent pool is unbalanced. The platform will also provide tips on how to improve it.
New research from Robert Half indicates that almost half (46%) of U.S. companies will add new permanent positions in the second half of this year. The research also reveals that contract workers and entry-level talent will be in high-demand. The majority (88%) of managers say finding skilled professionals is a challenge.
Some retirees (31%) said they would consider returning to the workforce if inflation continues, according to ASA’s Workforce Monitor survey. Almost 4 in 10 (39%) said that they rely on Social Security as their main source of income, and a quarter (25%) said they would consider returning if this no longer covered their expenses.
The quits rate for June fell slightly to 4.2 million after May’s 4.3 million quits, according to BLS data. There were 10.7 million open jobs, a 605,000 decrease from May. The sector where job openings increased the most was healthcare and social assistance (+79,000), while the sector that decreased the most was retail trade (-343,000).