Obenauer discusses shifting hiring dynamics with WalletHub
Billy Obenauer, associate professor of management at the University of Maine’s Maine Business School, shared his insights with WalletHub on the current balance between employers and job seekers in the labor market. Obenauer explained that while the hiring landscape slightly favored employees in recent years, increases in labor force participation and a modest rise in unemployment have rebalanced conditions, giving employers more confidence in their hiring choices. He noted that context and industry still matter greatly. Even with more candidates available, he said a strong fit between position and applicant remains key.