A company has recently been hiring new employees. Today the company has \( 38 \% \) more employees there are currently 48,300 employees, how many employees did the company have a year ago?

To find out how many employees the company had a year ago, we can let the number of employees a year ago be \( x \). Since the company has \( 38\% \) more employees now, the current number of employees represents \( 138\% \) of last year's employees. We can set up the equation: \[ 1.38x = 48,300 \] Now, to solve for \( x \): \[ x = \frac{48,300}{1.38} \] Calculating that gives: \[ x \approx 35,000 \] So, the company had approximately 35,000 employees a year ago. Isn't it fascinating to see how companies grow over time? Each new hire contributes to the company's potential and culture, reflecting the dynamics of the job market and business expansion! If you're curious about employee growth trends, many companies utilize specific metrics to benchmark progress. Knowing that hiring levels can fluctuate due to various market conditions is crucial for understanding business strategies and workforce planning.