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Retention stressed for recovery.(U.S economic recovery and employee retention)

By Sweeney, Kevin
Publication: Employee Benefit News
Date: Monday, April 1 2002

With economic recovery projected for the second half of this year, associated job market growth and national recruiting may test the commitment of many employees to their organizations. And if so, analysts warn, employers that have pushed retention efforts to the back burner could get the cold shoulder from their workers.

One sign of stabilization was the unexpected 0.2% growth in the U.S. economy in the fourth quarter of last year. This, coupled with Bureau of Labor Statistics (BLS) data indicating that unemployment may already have peaked, could be an important signal

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