According to the US Department of Labor, the unemployment rate for March 2010 stood at 9.7%. At a time when the unemployment rate is so high, imagining too few workers could prove difficult. However, a seismic workforce change is looming and will get underway in the next few years.

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“U.S. Department of Labor estimates that the average cost of a bad hiring decision can equal 30% of the employee’s potential earnings during the first year of employment.”

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