Category: General Interest

November 9, 2020

ASA Supports Petition to Allow Tax Deductibility of PPP Loan Expenses

ASA Supports Petition to Allow Tax Deductibility of PPP Loan Expenses

Released on November 4, 2020 Posted November 4 on the American Staffing Association website: In a notice issued April 30, the U.S. Internal Revenue Service determined that expenses paid that result in forgiveness of a covered loan under the Paycheck Protection Program are not deductible under the federal tax code. Bipartisan legislation has been introduced in Congress that wouldRead More
One-third of companies willing to hire 100% remote workers

One-third of companies willing to hire 100% remote workers

Released on November 3, 2020 More companies are now willing to hire remote workers from anywhere, according to research released Monday by The Conference Board. The September survey of more than 330 HR executives — primarily from large US companies — found more than one-third, 36%, are willing to hire workers who are fully remoteRead More

October 8, 2020

Forecasters split on when US economy will return to pre-pandemic levels

Forecasters split on when US economy will return to pre-pandemic levels

Released on October 5, 2020 Forecasters were mixed when it comes to when the US economy will return to pre-pandemic levels, according to the National Association for Business Economics’ “October 2020 NABE Outlook” report is based on a panel of 52 professional forecasters. “NABE panelists have become more optimistic, on balance, but remain concerned aboutRead More
Nearly a quarter say pandemic worsened company culture, but 20% say it improved

Nearly a quarter say pandemic worsened company culture, but 20% say it improved

Released on October 6, 2020 The Covid-19 pandemic has impacted company culture, according to a poll of 800 workers in the US by healthcare staffing provider CHG Healthcare. It found that 26% say company culture has worsened because of the pandemic while 54% said it remained the same. And 20% said it improved. Of thoseRead More

October 5, 2020

What will work look like in 2035? Traditional employees will be rare, platforms may dominate

What will work look like in 2035? Traditional employees will be rare, platforms may dominate

Released on September 29, 2020 Traditional employees will become rare by 2035, say 60% of C-suite executives and employees at large and midmarket firms surveyed by software firm Citrix Systems Inc. Those working can also expect artificial intelligence helpers to monitor them and boost productivity. That’s not all. It found 67% of both leaders andRead More
Average starting salaries for 2019 grads up almost 6%

Average starting salaries for 2019 grads up almost 6%

Released on October 1, 2020 Salaries for the class of 2019 spiked from that paid to their class of 2018 counterparts, according to salary survey data released by the National Association of Colleges and Employers. NACE’s Summer 2020 Salary Survey report found that the final overall average starting salary for the class of 2019 graduatesRead More
Labor market recovery continues, ADP report says 749,000 new jobs this month

Labor market recovery continues, ADP report says 749,000 new jobs this month

Released on September 30, 2020 The US private sector added 749,000 jobs in September month over month, an increase compared to August and July, according to the ADP National Employment report released today. The US added 481,000 private-sector jobs in August and 216,000 in July. “The labor market continues to recover gradually,” said Ahu Yildirmaz,Read More

September 21, 2020

Initial US jobless claims fall by 33,000; Fed to keep interest rates low until job market strengthens

Initial US jobless claims fall by 33,000; Fed to keep interest rates low until job market strengthens

Released on September 17, 2020 US initial jobless claims fell in the week ended Sept. 12 from the prior week, according to seasonally adjusted data released today by the US Department of Labor. Total initial jobless claims fell to 860,000 for the week, down 33,000 from the previous week’s level, which was revised upward byRead More
Staffing industry recovering more quickly now than after 2008-2009 recession, but bottom was deeper: WEC

Staffing industry recovering more quickly now than after 2008-2009 recession, but bottom was deeper: WEC

Released on September 16, 2020 On a global basis, the staffing industry is recovering more rapidly from the pandemic-induced economic crash than it did from the global financial crisis of 2008-2009, according to a report by the World Employment Confederation. Still, this year’s decline is deeper and sharper than the lows of the 2008-2009 recession. TheRead More

September 15, 2020

National Staffing Employee Week starts today

National Staffing Employee Week starts today

Released on September 14, 2020 Today marks the start of National Staffing Employee Week. The week is promoted by the American Staffing Association and aims to enable staffing firms to celebrate the contributions of the millions of contingent workers employed through them. “Staffing companies have played an integral part in economic recovery over the years,Read More