The labor market obviously has dramatic effects on our nation’s overall social and economic well-being on multiple levels. Understanding how the current, long-standing tight labor market has positively and dramatically impacted the lives of previously marginalized job seekers, gives us an informative window into how we can maintain such positivity well into the future. A tight labor market is one marked by consistently low unemployment rates that result in many employers being challenged to maintain adequate staffing levels. Tight labor markets create new and enhanced hiring scenarios for job seekers who have typically been sidelined.
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