It seems that the US had more open jobs in April than at any time in the past 15 years, according to the most recent data from the US Bureau of Labor Statistics. The shortage of talent appears to be most evident at midsize US companies, according to a Deloitte news report.
At the time the labor data were being collected, Deloitte interviewed more than 500 executives at midsize US companies, which Deloitte defines as those generating revenue of $50 million to $1 billion (not my client mix).
It seems that 63% of these executives stated that they noticed a rise in the number of employees who were choosing to leave the company and take positions elsewhere.
In a prior survey three years earlier, just 43% of respondents reported higher attrition.
To address the attrition issue the slowly ramped up economy, midsize companies plan to invest more in cloud computing, data analytics, and mobile technology; raise worker compensation; and boost training.
While this has occurred overall wages remain stagnant, according to other reports. Making me wonder if there is a correlation, between those leaving and stagnant pay.