64% of Companies Are Actively Hiring New Employees

(AP Photo/Nam Y. Huh)

We keep hearing it over and over in the news, but what exactly does a “tight labor market” mean? Steve Grzanich (Host of The Opening Bell) discussed the basics of this with Andrew Challenger (VP of Challenger Gray & Christmas Inc.) about the large number of US companies looking to hire and the growing number of companies looking for various ways to retain employees.