TrendSource Trending Blog

We’ve spent a good amount of time over the last year talking about remote work and hiring trends in this compliance blog.

Typically, we consider these trends from a Human Resources perspective—how can HR teams rapidly hire and onboard employees in such a competitive and volatile labor market?

We’ve spent a great deal of time over the last year evaluating the nation’s turn to hybrid and remote work models. Once workers had a taste of working from home, we reasoned, they would be reluctant to return to the office fulltime.

The job market got some more good news this week, as both Fitch and Moody declared it on pace to catch up to where it was pre-pandemic in 2020. And that’s great. But what does it mean about our economy, our job market’s trajectory, and federal (or in this case, the Fed) intervention?

The Great Resignation has given rise to a laborers’ job market, which is great for working people who are finding more flexibility, autonomy, and satisfaction. But it is costly and frustrating for employers who need to fill empty positions and scale up new ones. Now the Fed is eyeing the labor market as a manageable front to fight the rising inflation currently plaguing the economy.

We continue to discuss the Great Resignation, looking at how the pandemic and recovery have irrevocably shifted workplace cultures, worker priorities, and employer imperatives.