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More Than Two-Thirds of US Companies to Train In-House Talent Amid Cost-Cutting Strategies
Increasing headcount through the end of 2024 may not be feasible for some U.S. companies, as 33% of hiring managers say budget constraints or the inability to hire is responsible for stagnant or decreasing hiring plans. However, reskilling current employees may be the key to balancing the desire to strengthen workforces while keeping costs in line, according to a recent Express Employment Professionals-Harris Poll survey. More than two-thirds of hiring managers (68%) — an increase from Spring
Employed Job Seekers Increasingly Wary of Unexpected Layoffs
Amidst an unpredictable labor market, employed U.S. job seekers most commonly fear not receiving the salary increase or raise they deserve at their current company (44%), but another concern is on the rise that could indicate a growing shift in the workforce. A recent Express Employment Professionals-Harris Poll survey reveals employed job seekers' fear of losing their job before finding a new one has risen from previous waves and might support the perception the job market is becoming more