Approximately 47 million Americans quit their jobs last year, resulting in a severe staffing shortage for businesses across industries. The latest data shows that there are 11.4 million job openings in the U.S.— but only six million unemployed workers. At the same time, cost-cutting measures are spreading in some industries, which has led to layoffs and hiring freezes.
Utilize Technology to Streamline Workflows
This complex labor market has left business owners searching for ways to streamline and automate processes that do not require extra staff. By implementing intelligent business management software, wholesale companies can gather and sync data from every department into a centralized database.