How Hurricanes Are Impacting the Job Market

As we head into mid-October, the job market is full of twists and turns, from seasonal hiring trends to the impact of recent hurricanes. This Wednesday, we've rounded up the latest insights to help you navigate it all.

Storms and the Job Market

HOW HELENE AND MILTON ARE RESHAPING U.S. EMPLOYMENT

Hurricanes Helene and Milton aren't just causing damage—they're reshaping the U.S. job market. These storms have led to rising unemployment claims, economic slowdowns, and challenges for industries like tourism and retail.

• Immediate Disruptions: Helene alone contributed to 33,000 new claims in early October, with further economic slowdowns expected.
• Economic Impact: Job losses and GDP reductions are already evident, with recovery efforts creating new opportunities in sectors like construction.
• Long-Term Challenges: The aftermath of the storms will likely affect labor market trends well into 2025.

Prepare your business for the challenges and opportunities that follow these natural disasters.

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Understanding Employment Agencies

THE BENEFITS FOR EMPLOYERS

Curious about how staffing agencies can boost your hiring efforts? For employers, partnering with an agency speeds up the recruitment process by giving you access to a vast network of candidates, including passive job seekers who aren't actively searching. Agencies can also help fill positions quickly, especially when you're hiring for niche roles or during busy seasons.

Find out how working with an agency saves you time, money, and effort.

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Building Your Talent Pipeline

PROACTIVE STRATEGIES FOR FUTURE HIRING SUCCESS

Building a proactive talent pipeline is a game-changer for businesses looking to stay ahead in hiring. With this strategy, you can avoid last-minute scrambling and have qualified candidates ready when you need them most.

• Faster Hiring, Lower Costs: A pool of pre-qualified candidates reduces time-to-hire and cuts down costs.
• Stronger Candidate Quality: Create a methodical hiring process that fosters careful decision-making.
• Engage Passive Candidates: Nurture relationships over time, so you're top of mind when passive candidates are ready for a change.

Learn how to build a pipeline that keeps your talent pool full and your business nimble.

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Seasonal Hiring Trends

MORE JOB SEEKERS IN A RETURNING MARKET

Seasonal job postings are back to pre-pandemic levels, but there's a twist: more job seekers are competing for these roles than ever. Indeed's report reveals key trends:

• Postings Return to Normal: Seasonal job openings have leveled out, bringing opportunities back to 2019 levels, a signal of changing market dynamics.
• Retail Takes Over: Retail accounts for 66% of all holiday job listings, seeing a surge in demand as the busiest season approaches.
• Rising Competition: With 18% more job seekers looking for seasonal roles than last year, competition is heating up.
• Strategic Hiring Moves: Employers need to adjust their hiring strategies to fill roles faster and stay ahead of their competitors.

Discover how to navigate this evolving seasonal job market and adjust your hiring strategies effectively.

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Streamlining Candidate Screening

YOUR STEP-BY-STEP GUIDE TO SMARTER HIRING

Are you having a hard time finding the right candidates? You might need to fix your hiring process. It all starts with reviewing the job description to ensure you clearly understand the qualifications you're seeking. An applicant tracking system (ATS) can help filter resumes, allowing you to focus on the most qualified candidates from the start.

After your initial screening, a quick phone or video call can reveal much more than a resume. Ask targeted questions about their skills and experience to get a sense of how well they'll fit into your company's culture. Don't forget to allow candidates to ask their own questions—it gives you insight into their motivations and interest in the role.

See how a smarter screening process saves you time and helps you secure better hires.

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Thanks for catching up with us today! Remember, at 4 Corner Resources, we are always here, just a phone call away, ready to assist you with all of your staffing and recruiting needs. Our expertise is your resource.?

Let's continue to learn, grow, and succeed together. Don't hesitate to reach out to us. We're here to make your hiring process smoother, more efficient, and successful.

Stay Connected. Stay Informed. Stay Ahead.