The U.S. economy is improving and unemployment rates are nearly back to pre-recessionlevels.

This economic upswing has intensified an already competitivelabor market where job vacancies and the inability to hire quicklycan have negative business impacts, such as lostproductivity and lower-quality work.

Although many factors motivate job seekers, small businesses mayespecially feel the labor pinch because they likely can't competewith big-business perks and benefits.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.