Category: General Interest

February 3, 2021

January Manufacturing Sustains Growth, Supply Difficulties

January Manufacturing Sustains Growth, Supply Difficulties

The Industry for Supply Management’s manufacturing index fell to 58.7%. Ryan Secard FEB 02, 2021 The manufacturing sector continued growing for an eighth straight month in January as the Institute for Supply Management’s Purchasing Manager’s Index for sector growth fell 1.8 points to 58.7% compared to December. The overall economy also grew, sustaining a parallelRead More

February 1, 2021

Recruiter biases about minorities more pronounced before lunch and at end of day: Jobs website study

Recruiter biases about minorities more pronounced before lunch and at end of day: Jobs website study

Released on January 26, 2021 A study of recruiters’ behavior searching for candidates on a jobs website in Switzerland found that rates of contact are 4% to 19% lower for job seekers from immigrant and minority ethnic groups. It also found that time of day has an impact — particularly just before lunch and atRead More

January 26, 2021

IT employment rises in December, continuing recovery

IT employment rises in December, continuing recovery

Released on January 20, 2021 IT employment rose by 0.5% to more than 5.2 million jobs in December compared to November, according to a report released Tuesday by the TechServe Alliance, a national trade association of IT and engineering staffing and solutions industry. While IT employment still remains down 2.08% on a year-over-year basis, TechServeRead More
76% of US companies say hiring demand will return to pre-pandemic levels this year: Study

76% of US companies say hiring demand will return to pre-pandemic levels this year: Study

Released on January 21, 2021 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. CareerArc’s survey also discovered that companies are most concernedRead More
US private sector off to strong start, but labor market news disappoints: IHS Markit

US private sector off to strong start, but labor market news disappoints: IHS Markit

Released on January 22, 2021 The US private sector got off to a strong start in 2021, according to a report out today by IHS Markit, an analysis firm. However, concerns remain, and there was disappointing news on the labor market. IHS Markit cited its US composite PMI Output Index, saying the US private sector regainedRead More
Move by White House stops rule on independent contractor classification (National Law Review)

Move by White House stops rule on independent contractor classification (National Law Review)

Released on January 25, 2021 The White House issued a memorandum asking agencies to stop all non-emergency rulemaking and regulatory activity pending review by the new administration; the memo will in effect do away with a final rule on independent contractor classification, the National Law Review reported. The rule would have made it easier for companies inRead More
Bah Humbug on the ‘Doom and Gloomers’

Bah Humbug on the ‘Doom and Gloomers’

Posted by Alan Beaulieu on Dec 23, 2020 10:40:23 AM Here Are Two Reasons Why The headlines trumpeted that Retail Sales fell in November, a move that many did not see coming. For the record, Retail Sales are on track with our forecast. The concern raised by others regarding November’s drop is that consumers have pulled back,Read More

January 20, 2021

U-HAUL REPORTS ON ONE WAY MIGRATION OF TRUCKS LEAVING STATES

U-HAUL REPORTS ON ONE WAY MIGRATION OF TRUCKS LEAVING STATES

California displaced Illinois as the state with the biggest net loss of U-Haul trucks in 2020, the moving company reported. Both Texas and Florida had the most net gains in U-Haul truck traffic from 2016 to 2019 before they were displaced by Tennessee in 2020, the company said. What makes Tennessee attractive is its business-friendlinessRead More
How to Handle a Leadership Change in Your Organization

How to Handle a Leadership Change in Your Organization

Most human beings resist change. After all, the unknown is uncomfortable. Changes in leadership are no exception — with them comes a natural apprehension. What direction will the new leader take? How does that impact your future? However, with the right mindset and a smart approach, changes in leadership can lead to great opportunities. TheyRead More
BLS Employment Situation Report: December 2020

BLS Employment Situation Report: December 2020

Total nonfarm payroll employment in December declined by 140,000 in December, well below the consensus forecast of a job gain of 45,000. The unemployment rate remained unchanged at 6.7 percent or 10.7 million unemployed persons. The Bureau of Labor Statistics (BLS) noted in today’s release that both unemployment measures are much lower than their AprilRead More