Part 6/11:
The Impact of Economic Expectations
In the spirit of optimism post-election, expectations were high that the new administration would steer the economy towards growth, compelling businesses to hire aggressively. However, reports indicate that employers are still hesitant to add to payrolls, holding back on hiring despite wishes for a resurgence. As companies reassess their staffing needs, the reality is that many simply have too many workers—a reflection of the earlier expectation of an economic boom that never came to fruition.