We are hiring handwritten with white chalk on a blackboard. Companies that are struggling with turnover and unable to attract and hire top candidates are losing profit, and the cost of an open position can add up quickly. (Photo: Shutterstock)

With the Omicron variant sweeping the world and shattering record case numbers, progress towards returning to normal has been halted. Companies are pausing return-to offices yet again, and “business as usual” seems permanently changed – that includes hiring.

The Great Resignation, a phenomenon that describes record numbers of people leaving their job, has coined the last 18 months of the labor market, and is not going to disappear anytime soon. According to the U.S. Bureau of Labor Statistics, a record 4.5 million workers quit or switched their jobs in November, while job openings declined to 10.6 million. And experts estimate that there are two unemployed workers for every three job openings. We are more than likely going to continue to see this trend in the upcoming monthly jobs report and that means good news for those seeking a new job, but for employers it’s a great challenge.

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