ADVANTAGES OF WOMEN EMPLOYMENT
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There is a battle raging in the employment market. It’s the fight to recruit and retain the best, most productive employees in what is rapidly becoming an overheated market.
Consider this: the overall unemployment in the U.S. briefly dropped below 4 percent earlier this year – the level which economists consider “full employment” because there is always turnover among employees. In particular sectors, the competition for talent is especially fierce.
“This is far and away the most competitive the market has been in six years,” said Todd Jamison, head of the permanent placement division at Stratacuity, a search firm that focuses on biotechnology. “We’ve had many instances with candidates with two, three, four offers on the table. It’s really a perfect storm.”
For companies looking to attract and retain top women employees in particular, the situation is complicated by an additional factor: for most of the 20th century, the unemployment rate was higher for women than men. But starting in the 1980s, that has flipped, and women typically have a lower unemployment rate than men.
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