Although November’s unemployment rate inched up, employees shouldn’t get get discouraged, and firms shouldn’t get comfortable that their employees “have no place to go”. Third quarter profits for private sector firms were higher than anytime during the past 2 years! Productivity indexes are up. New Hires were up.
It is easy to get discouraged when reading the gloom and doom of the media. But the majority of leading indicators are trailing up, reinforcing the need to focus your efforts on engaging employees today before the job market truly heats up.
