Hiring Trends

How Will Inflation Impact Your Hiring This Year?

With gas prices almost tipping to $6 this June in the Chicagoland, the dreaded word, inflation, is the number one cause for grumblings from every commuter and business owner today. Hiring managers this quarter will have to discover how to create a profit while cutting costs. That’s all while balancing workers requesting an increase in pay to offset the increase cost of living. From large corporations to small local stores, organizations from every size and shape are not immune to the result of inflation, but how exactly will inflation affect the job market? Let’s take a look at how inflation may impact hiring this year and what that means for pay and profits.

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