The hiring landscape has turned 180 degrees in the last 24 months, evolving into an unrecognizable and continuously changing environment with challenges many executives could have never predicted. With more than 11 million open jobs in the U.S. today and a 4.2% unemployment rate - the lowest since the start of the COVID-19 pandemic - companies across nearly every industry are faced with a severe talent shortage as they attempt to grow their workforce to meet rising demands. This, paired with a record-high quit rate of 3%, means recruitment and retention efforts must dramatically shift in order for businesses to achieve success in 2022.
In November 2021, LaSalle Network collected survey responses from more than 250 Finance, Operations and Human Resources executives to understand their focus for the year ahead. This annual report showcases year-over-year data comparisons from the last five years to best showcase 2022’s hiring landscape and what has evolved.