The labor market outlook

We undertook a large survey of leaders across HR, Operations and Procurement about their 2024 staffing challenges.

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What’s included in the report:

A series of related trends has led leaders to rethink their approach to staffing.

With slow economic growth, shifting consumer demand and sky-high interest rates, demand for workers has dipped across both the US and UK.

  • Nearly three-quarters (73%) of Directors and VPs say they struggle to recruit talent as fast as they would like
  • 71.25% of Directors and VPs say it’s difficult to find the right quality talent
  • 83.75% of Directors and VPs find it difficult to track workforce performance

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