Why Your Company Needs a Leadership Development Academy

Business markets operate in cycles. The Stock Market moves up and down. The housing market favors buyers or sellers depending on the month. The talent market is no different. At times, you may find it to be an employer’s market while at others it quickly shifts to an employee’s.

According to the Trading Economics, an online data platform, the U.S. unemployment rate dropped to 3.7 percent in September of 2018. That is a noticeable decrease from the previous 3.9 percent over the preceding two months. What a far cry from the 2009 Recession as unemployment rose to 9.6 percent.

While having a low unemployment rate is a wonderful thing, it greatly decreases the pool of talent for employers. It has become difficult for businesses to snag top talent as there are so few qualified candidates and even more who lack modern skills for success.

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