hiring boom

Mass employment wave

A hiring boom is a period of rapid, widespread job growth when employers aggressively recruit workers and unemployment drops.

The term suggests intensity beyond normal expansion: Tech companies went on a hiring boom after the pandemic.

A hiring boom often strains the labor market, giving workers leverage to demand higher wages.

Related

talent · talent war · growth · unemployment · full employment · candidates · job fair · workforce · headcount · onboarding · offer letter · signing bonus · interviews · resumes · economy · startups · salaries · competition

Categories
Opposites
employment trajectory

hiring boommass layoffs

Simultaneous dismissal of many workers

layoffs · downsizing · workforce reduction · redundancies · job losses

intensity of labor market activity

hiring boomhiring freeze

Suspension of new employment

Family

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