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Unemployment rates skyrocketed in the first half of 2020. COVID-19 demanded that millions of companies halt processes significantly and/or entirely. The good news? Those numbers started taking a turn for the better in the final months of the year. Unemployment numbers decreased from 14.4% in April to 8.5% in August. With more companies hiring back necessary staff, it also means that HR teams are working hard on sourcing temporary talent to ensure that all their needs are met while trying to make do with limited budgets.
If your HR team is looking for ways to make ends meet without overextending
