Wall Street Journal (01/15/15) Kathleen Madigan
During the first half of 2015, wages will increase and the U.S. will briefly flirt with deflation, according to a Wall Street Journal survey of 66 economists. They also expect that cheap oil will cause inflation-adjusted gross domestic product to grow 3.0% across all four quarters of the year, up from the 2.6% estimated for last year. Stronger economic growth will tighten the U.S. labor market, and a sizable 15% of respondents expect the unemployment rate to be below 5% by year’s end. Tighter labor markets should mean higher pay for most workers.
Say Goodbye to Mundane Tasks and Hello to Efficiency
Are you accustomed to using a plethora of resources to recruit the right candidates? Our research shows that the average firm spends around five hours logging in and out of systems to source candidates to fill one job. We’re excited to announce the next level in candidate sourcing: CareerBuilder Talent Discovery, a platform that has everything in one place. Stop by CareerBuilder’s booth next week at Staffing World to learn more—Booth 813 in the expo hall.