If you are looking for a job, then you should have no problem finding one. According to data from Indeed, there are about 11.2 million job openings in the U.S. This is actually more than the number of unemployed, which is at roughly 7.4 million.
For employers, the job shortage poses major problems. With the holiday season, companies are looking to ramp up their employment to meet the rising demand. For example, Walmart and Amazon are planning on hiring 150,000 employees.
To deal with this, employers are hiking wages and benefits as well as offering more flexibility with the work arrangements, such as with providing options for remote work.
However, even these strategies may not be enough. As a result, employers are investing more in automation technologies like artificial intelligence (AI). They can streamline processes, improve outcomes, and allow for lower costs. But of course, there are inherent risks as well, including issues of privacy.
So, let’s take a look.
Continue reading: https://www.itbusinessedge.com/business-intelligence/labor-shortage-is-ai-the-silver-bullet/
For employers, the job shortage poses major problems. With the holiday season, companies are looking to ramp up their employment to meet the rising demand. For example, Walmart and Amazon are planning on hiring 150,000 employees.
To deal with this, employers are hiking wages and benefits as well as offering more flexibility with the work arrangements, such as with providing options for remote work.
However, even these strategies may not be enough. As a result, employers are investing more in automation technologies like artificial intelligence (AI). They can streamline processes, improve outcomes, and allow for lower costs. But of course, there are inherent risks as well, including issues of privacy.
So, let’s take a look.
Continue reading: https://www.itbusinessedge.com/business-intelligence/labor-shortage-is-ai-the-silver-bullet/
