While the unemployment rate and available job openings in the U.S. are inching up, labor shortages continue to plague industries like health care and retail. On top of that, 10,000 Baby Boomers reach retirement age every day, causing a mass exodus from the workforce that creates knowledge-transfer challenges for industries like technology and manufacturing.
Creative Strategies for Recruiting Talent During a Labor Shortage
Forward-thinking employers are turning to TikTok, AI, and more.
November 30, 2023
Summary.
The growing challenge of labor shortages across various industries has highlighted the need for innovative recruitment approaches to bridge the gap between job openings and the available workforce. This article explores the concept of creative recruitment marketing efforts and its potential to address labor shortages by effectively reaching untapped talent pools, diversifying the talent pipeline, and aligning company values with purpose-driven candidates. By embracing innovative approaches to recruitment strategies, organizations can overcome the challenges posed by a hypercompetitive labor market and secure the talent necessary for sustained growth and success.
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New!
HBR Learning
Attracting and Cultivating Talent Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Attracting and Cultivating Talent. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Discover how to attract, hire, develop, and keep talented people who will grow and thrive throughout their employee journey.