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Employers Navigate Tight Job Market as Year Unfolds

Employers Navigate Tight Job Market as Year Unfolds

Six months into 2024, U.S. employers are immersed in a delicate high-wire act as they finalize compensation budgets and pay raise plans. Though inflation has moderated to around 3% after peaking at 8% in 2022, the job market remains fiercely competitive, forcing companies to carefully balance salary hikes against rising costs and profitability pressures. The […]
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