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Jason Greer from Greer Consulting discusses the current employment landscape marked by contrasting trends. On one hand, companies are struggling to find suitable candidates, receiving fewer job applications than before. On the other hand, many organizations are experiencing layoffs, financial cutbacks, or shutting down initiatives. This duality creates a challenging environment where job applicants must possess strong, valuable skills to secure positions. Companies must also strategize effectively to attract and retain the right talent amidst these fluctuations. Greer notes that these dynamics complicate the Federal Reserve's ability to navigate the employment sector, influenced by both layoffs and workforce shortages.
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