Stalemate

The U.S. has added jobs for an 81 month stretch. Unemployment hit a 16-month low in May. But as the WSJ Sunday headline confirmed, "Jobs Grow, but Wages Stay Stuck." The last time the Real Estate industry faced a talent shortage at this level was 2007, when employers pulled out all stops, offering sign on bonuses, equity, whatever it took. What we have now is a stalemate. Candidates unwilling to move without significant incentives, and employers unwilling to raise the bar. Need to hire now? Put a salary range in your job postings. Our professionals are not shy about requesting a tad more or you may attract a rising star.