Top 4 Reasons Talent Pipelines are A No-Brainer
Let’s take a look at the U.S. labor market, shall we? According to the Bureau of Labor Statistics (BLS), in February 2016, the U.S. unemployment rate was unchanged at a low 4.9 percent; in addition, 1.8 million people were “marginally attached” to the labor force, down by 356,000 from a year earlier. By definition, these individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. Among the marginally attached, there were 599,000 “discouraged workers” in February, down by 133,000 from a year earlier. “Discouraged workers are