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Publisher's Note

2023 SBJ Economic Growth Series Content: The Search for Skilled Labor

Posted online

Welcome to the third edition of our special six-part series on local economic growth. This section delves into the critical challenges and opportunities faced by employers in hiring a skilled workforce. We aim to shed light on the innovative strategies adopted by local employers to alleviate some of these challenges.

In today’s rapidly evolving business landscape, economic growth is intricately linked to the ability of companies to attract and retain top talent. One approach that employers are adopting to ease the burden of hiring is outsourcing certain functions, such as payroll and accounting. This was explored in the last edition of this series and continues to be a focal point here. We explore the benefits and considerations associated with outsourcing, providing a comprehensive understanding of this growing trend.

Additionally, executive recruiters have emerged as valuable partners for employers seeking to identify and attract top-tier talent. We highlight their expertise in identifying candidates with the necessary skills and experience to drive organizational growth. Professional recruitment efforts are making it more feasible than ever before to identify key talent outside the local market as a means to access a broader talent pool. With advancements in technology and remote work capabilities, geographical boundaries are becoming less restrictive. We explore how employers are tapping into talent from different regions, harnessing the power of diversity and expanding their talent pipelines.

In this special section, we also turn our attention to the youngest members of the workforce, Generation Z. With their unique perspectives, digital fluency and passion for purpose-driven work, Gen Z represents a valuable resource for employers. We explore how companies are adapting their recruitment strategies to attract and engage this generation, recognizing their potential to drive innovation and contribute to economic growth.

I invite you to read these thought-provoking articles, insightful interviews and real-world examples of employers who have successfully navigated the challenges of hiring in today’s competitive landscape. I hope the knowledge and experiences shared within these pages will inspire and empower you to overcome your own hiring challenges and contribute to the sustained economic growth of our region.

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