Tag: Bloomberg

Low-rate mortgages are making a dent in job recruitment efforts 

Job recruiters in the South are facing hurdles to attract skilled professionals from the Midwest despite offering competitive compensation packages, according to a Bloomberg report published Friday. That’s because many of these potential hires are locked into super-low 30-year mortgages. During the fourth quarter of 2023, the proportion of job seekers in the U.S. who [...]read moreLow-rate mortgages are making a dent in job recruitment efforts