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As the talent squeeze continues, and unemployment sits at historic lows, HR leaders are—not surprisingly—pouring their efforts almost exclusively into recruiting and retention. In fact, HRE’s 2022 What’s Keeping HR Up at Night? survey found that nearly half of respondents cited hiring and retaining key talent as their biggest challenge today. And almost one-third said they were spending most of their time on recruiting.
Now, HR has another concern complicating that work: economic uncertainty, which is prompting some organizations to dial back on hiring spend—putting HR further into a talent quandary.
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Where does that demand on HR’s
