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August's Job Report: Rate Drops to 5.2%

Sep 3, 2021, 10:38 AM by Kabnoog Xiong

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RAPID JOB GROWTH TO CONTINUE: THE CONFERENCE BOARD

Aug 18, 2021, 14:13 PM by Robert Hoeft

Strong job growth in the US will continue, according to The Conference Board Employment Trends Index. However, a tight labor market will also remain.
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July's Job Report: Rate Drops to 5.4%

Aug 6, 2021, 12:13 PM by Kabnoog Xiong

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PAY RATE, LOCATION, CULTURE AMONG TOP REASONS TEMPS ACCEPT ASSIGNMENTS: SIA REPORT

Jul 20, 2021, 14:21 PM by Robert Hoeft

Pay rate is the most important criteria temporary workers use to decide whether to take an offered assignment, according to a report by Staffing Industry Analysts. However, other factors also matter.
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HIRING BONUSES MAY CONVINCE UNEMPLOYED TO GET BACK TO WORK: US CHAMBER OF COMMERCE

Jul 20, 2021, 14:17 PM by Robert Hoeft

Hiring bonuses appear to be an effective way to get more of the unemployed back to work, according to a survey by the US Chamber of Commerce. It found that 39% of unemployed Americans who lost their jobs during the pandemic and are not actively looking for work say that a $1,000 hiring bonus would increase their urgency to return to full-time employment. It was the most appealing solution for hesitant-to-return workers.
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June's Job Report: Rate Rises to 5.9%

Jul 2, 2021, 11:04 AM by Kabnoog Xiong

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HERE’S WHY RECORD NUMBERS OF AMERICANS ARE QUITTING THEIR JOBS

Jun 22, 2021, 09:29 AM by Robert Hoeft

More U.S. workers are quitting their jobs than at any time in at least two decades. In April, the share of U.S. workers leaving jobs was 2.7%, according to the Labor Department, a jump from 1.6% a year earlier to the highest level since at least 2000.
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May's Job Report: Rate Declines to 5.8%

Jun 4, 2021, 10:27 AM by Kabnoog Xiong

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US MANUFACTURING SKILLS GAP COULD LEAVE AS MANY AS 2.1 MILLION JOBS UNFILLED BY 2030, DELOITTE AND THE MANUFACTURING INSTITUTE STUDY FINDS

May 24, 2021, 13:41 PM by Robert Hoeft

Left unabated, the manufacturing skills gap — which is now anticipated to leave 2.1 million jobs unfilled by 2030 — could cost the U.S. economy as much as $1 trillion. Deloitte and The Manufacturing Institute’s new report, “Creating pathways for tomorrow’s workforce today: Beyond reskilling in manufacturing,” explores new and prevailing contributors to the skills gap and outlines important steps manufacturers can take to attract and retain skilled and diverse workers, especially women and underrepresented minorities (URMs).
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April's Job Report: Rate Rises to 6.1%

May 7, 2021, 09:16 AM by Kabnoog Xiong

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March's Job Report: Rate Drops to 6.0%

May 7, 2021, 09:13 AM by Kabnoog Xiong

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UNEMPLOYMENT IS HIGH. WHY ARE BUSINESSES STRUGGLING TO HIRE?

Apr 27, 2021, 13:45 PM by Robert Hoeft

There are two distinct, and completely opposite, ways of looking at the American job market. One would be to consult the data tables produced every month by the Bureau of Labor Statistics, which suggest a plentiful supply of would-be workers. The unemployment rate is 6 percent, representing 9.7 million Americans who say they are actively looking for work. Alternately, you could search for news articles mentioning “labor shortage.” You will find dozens in which businesses, especially in the restaurant and other service industries, say they face a potentially catastrophic inability to hire. The anecdotes come from the biggest metropolitan areas and from small towns, as well as from tourist destinations of all varieties.
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US BUSINESSES OPTIMISTIC IN FEBRUARY, EMPLOYMENT EXPECTATIONS IMPROVE

Mar 25, 2021, 09:31 AM by Robert Hoeft

US private-sector firms remained optimistic in February although there was a broad divergence in business confidence trends, according to the IHS Markit US Business Outlook. While manufacturers registered the strongest degree of optimism in future production since October 2014, service providers were less upbeat than in the previous survey period.
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February's Job Report: Rate Drops to 6.2%

Mar 5, 2021, 11:08 AM by Kabnoog Xiong

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WHY THE UNEMPLOYMENT RATE FELL IN JANUARY EVEN THOUGH U.S. JOB CREATION WAS VIRTUALLY NIL

Feb 19, 2021, 14:54 PM by Robert Hoeft

Last month the jobless rate slid to 6.3% from 6.7%, down by more than half compared to a pandemic high of 14.8%. The main reason the rate fell in January, however, is because the government said there were 406,000 fewer people in the labor force. Adjusting for the people that have dropped out of the labor force, by choice or obligation, the unemployment rate is around 9.5%,
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January's Job Report: Rate Drops to 6.3%

Feb 5, 2021, 09:42 AM by Kabnoog Xiong

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US MANUFACTURING ACTIVITY SPEEDS UP IN DECEMBER

Jan 25, 2021, 13:46 PM by Robert Hoeft

The US manufacturing economy continued its recovery in December, but labor difficulties remain, the Institute for Supply Management reported. Its Manufacturing PMI measure of economic activity in US manufacturing rose to a reading of 60.7% in December from 57.5% in November. Readings above 50% indicate expansion, and the jump from December indicates expansion at a faster pace.
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76% OF US COMPANIES SAY HIRING DEMAND WILL RETURN TO PRE-PANDEMIC LEVELS THIS YEAR

Jan 25, 2021, 13:43 PM by Robert Hoeft

Hiring demand will approach, return to or exceed pre-pandemic levels this year, according to the 2021 Future of Recruiting Study published by CareerArc, a provider of a social recruiting platform. Of companies surveyed, 76% believe hiring demand will return this year.
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December's Job Report: Rate Remains at 6.7%

Jan 8, 2021, 11:05 AM by Kabnoog Xiong

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US ECONOMY’S MODERATE EXPANSION SLOWS; COVID SURGE RAISES CONCERNS INCLUDING LABOR SUPPLY CHALLENGES

Dec 21, 2020, 09:30 AM by Robert Hoeft

While the US economy has continued a moderate expansion, economic activity began to slow in early November as COVID-19 cases surged, according to the US Federal Reserve’s Beige Book report. Businesses cited concerns over the pandemic and mandated restrictions.
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August's Job Report: Rate Drops to 5.2%

RAPID JOB GROWTH TO CONTINUE: THE CONFERENCE BOARD

July's Job Report: Rate Drops to 5.4%

PAY RATE, LOCATION, CULTURE AMONG TOP REASONS TEMPS ACCEPT ASSIGNMENTS: SIA REPORT

HIRING BONUSES MAY CONVINCE UNEMPLOYED TO GET BACK TO WORK: US CHAMBER OF COMMERCE

June's Job Report: Rate Rises to 5.9%

HERE’S WHY RECORD NUMBERS OF AMERICANS ARE QUITTING THEIR JOBS

May's Job Report: Rate Declines to 5.8%

US MANUFACTURING SKILLS GAP COULD LEAVE AS MANY AS 2.1 MILLION JOBS UNFILLED BY 2030, DELOITTE AND THE MANUFACTURING INSTITUTE STUDY FINDS

April's Job Report: Rate Rises to 6.1%

March's Job Report: Rate Drops to 6.0%

UNEMPLOYMENT IS HIGH. WHY ARE BUSINESSES STRUGGLING TO HIRE?

US BUSINESSES OPTIMISTIC IN FEBRUARY, EMPLOYMENT EXPECTATIONS IMPROVE

February's Job Report: Rate Drops to 6.2%

WHY THE UNEMPLOYMENT RATE FELL IN JANUARY EVEN THOUGH U.S. JOB CREATION WAS VIRTUALLY NIL

January's Job Report: Rate Drops to 6.3%

US MANUFACTURING ACTIVITY SPEEDS UP IN DECEMBER

76% OF US COMPANIES SAY HIRING DEMAND WILL RETURN TO PRE-PANDEMIC LEVELS THIS YEAR

December's Job Report: Rate Remains at 6.7%

US ECONOMY’S MODERATE EXPANSION SLOWS; COVID SURGE RAISES CONCERNS INCLUDING LABOR SUPPLY CHALLENGES

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