Retailers are hoping that this holiday season will be the best ever—or at least the best one in the last couple years.
Part of the enticement equation is higher wages: Employee wages jumped by 1.5 percent during the third quarter, the biggest increase in 20 years, according to the U.S.
The company also finds that customers are bouncing between apps, websites, and in-person shopping for inspiration, ordering, and fulfillments.
The summer of 2021 represented a “great teen labor market,” says Modestino, who is also director of research at the university’s Dukakis Center for Urban and Regional Policy.
In general, the mismatch between so few people looking for work and so many companies looking to fill jobs has meant that employers are rebalancing their skill requirements.
The shift in requirements during a labor squeeze doesn’t always mean that those requirements were bunk to begin with, though.
Employers may have a long list of qualifications they would prefer in a job candidate, but beyond those essential for the job itself, some are not necessarily required.
How far have women advanced in the fields of leadership, entrepreneurship, and public policy? It’s a question that a half-day symposium at Northeastern sought to answer Friday.
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