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Small Business Bulletin August 2023

How Small Businesses Can Address Talent Shortages

As talent shortages persist across industries, an increasing number of small businesses are grappling with the need to adapt to this “new normal” to address this challenge effectively. Small businesses are encountering a significant shift in which they find themselves dealing with an inadequate number of applicants or insufficient resources (e.g., budget and staffing) to meet the high demand for candidates. In certain scenarios, some organizations are facing both issues at the same time. This article explores the reality of ongoing talent shortages and how small businesses can address them.

 

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