Boomerang Workers Surge Amidst Tough Job Market
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The number of former employees returning to their old jobs (boomerang workers) is rising, especially in the information sector. This trend, revealed in ADP payroll data, is driven by a tougher job market and employers' preference for familiar, easily onboarded talent. Companies are prioritizing proven performers, while job seekers face longer searches and potential pay cuts. Economists suggest maintaining positive relationships with past employers is crucial, as the job market's uncertainty increases the likelihood of boomerang hires.
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