What Lower Interest Rates Mean For Recruiting

Sep 18, 2024ERE.net
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The ERE article discusses the impact of lower interest rates on recruiting, noting that cheaper borrowing costs can lead to economic growth and business expansion, which in turn may increase hiring needs. Additionally, lower mortgage rates could make it easier for candidates to relocate for job opportunities. However, with reduced rates, the competition for talent might intensify, making it crucial for companies to enhance their value propositions to attract and retain employees.