Are employers regaining their leverage on hiring and pay? Here's what Monster's CEO is seeing - Phoenix Business Journal

📆 2023-01-24 16:15:00

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Despite a series of high-profile layoffs, job candidates still feel relatively confident — but employers are growing more bullish also. Does that mean they've regained their leverage in the hiring process? It's complicated.

Even with those cuts, Monster Worldwide Inc. CEO Scott Gutz said both candidates and employers are feeling confident about their prospects for now.

For candidates, Gutz said the confidence comes from continued low unemployment, an abundance of job openings and a labor market expected to remain tight due to demographic shifts. For employers, it's a growing confidence in their ability to find the talent they need.after two years of workers having considerable leverage. The question has been just how far will it swing. Gutz said it’s complicated.

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