Reducing Turnover in 2024: Strategies for Success in Hiring and Retaining Mobile Service Contractors
WorkWave
DECEMBER 2, 2024
According to the U.S. Bureau of Labor Statistics , our current labor market faces significant challenges, with 9.4 million open jobs and only 6.3 million unemployed workers available. Even if every unemployed person joined the labor market immediately, the market itself would still face a deficit of 3.1 million positions. The declining labor force participation rate – from 63.4% pre-pandemic to 62.8% today – reflects deeper structural changes affecting employee turnover rates and workplace cultu
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