Korn/Ferry CEO Says It's a Full Employment Market

The video discusses the current state of wage pressure and employment, highlighting that the advantage is with employees due to a decade-long cycle of wage growth. It examines wage distribution across different employee classes, emphasizing the importance of skills in a skills-based economy. The discussion also covers the impact of wage pressure on inflation and real wages, noting that real wages are not rising as expected. The video explores productivity in service industries and the mismatch between skills and job openings. Finally, it addresses full employment and the potential for a recession.

What factors are contributing to wage pressure in the current employment market?

How does education impact workers' earnings according to the text?

What is the relationship between wage growth and inflation as discussed in the text?

What industries are experiencing a rise in wages, and why?

What challenges are mentioned regarding the mismatch of skills to available jobs?