Tag: economy

November 7, 2022

Home Buyers Are Moving Farther Away Than Ever Before

Home Buyers Are Moving Farther Away Than Ever Before

Rural areas and small towns rise in popularity as remote workers seek opportunity in more affordable communities By Nicole Friedman Nov. 3, 2022 9:00 am ET The rise of remote work and the ballooning cost of housing in major metro areas are leading Americans to move much farther away when buying a home. Buyers who purchased homes in the yearRead More

October 17, 2022

People just don’t want to work???

People just don’t want to work???

With jobs going unfilled and nearly two open positions for every job seeker, many people are complaining that since the pandemic, people just don't want to work. IndustryWeek Editor-in-Chief Robert Schoenberger recently discussed those trends with the Austin Regional Manufacturers Association, noting that few of the major employment trends are recent, so solving them will require aRead More

August 25, 2022

The Great Resignation Is Cooling Off

The Great Resignation Is Cooling Off

Over the past two years, Americans were leveraging their current jobs for more pay with competing firms, part of the Great Resignation across the nation. According to the Federal Reserve Bank of New York’s July 2022, Labor Market Survey released on Monday, more Americans are staying at their current firms as the rate of employeesRead More

June 3, 2022

US Private Hiring Slows in May Amid Worker Shortage

US Private Hiring Slows in May Amid Worker Shortage

June 2, 2022 Payroll services firm ADP's data could foreshadow weaker hiring last month in the U.S. economy. Agence France-Presse U.S. businesses slowed hiring in May, amid an ongoing struggle to find workers and high inflation, according to an industry survey Thursday. Payroll services firm ADP said private employment rose by 128,000 positions last month,Read More

May 31, 2022

Rising US Wages Support Spending in April as Inflation Slows: Govt

Rising US Wages Support Spending in April as Inflation Slows: Govt

May 27, 2022 According to the Commerce Department report, U.S. personal income rose 0.4% compared to March. Agence France-Presse American wages continued to rise in April, supporting an ongoing increase in consumption in the face of an inflation wave that nonetheless shows signs of waning, according to government data released Friday. U.S. personal income roseRead More

May 11, 2022

Manufacturing Wages Lag US Average in Era of Amazon

Manufacturing Wages Lag US Average in Era of Amazon

May 10, 2022 Manufacturing wages were once a stable way to make solid middle-income wages. What does it mean if they're not keeping up? Ryan Secard Bureau of Labor Statistics, Department of Labor Manufacturing jobs aren’t what they used to be. Long seen as a dependable way to earn a middle-class living without a degree,Read More

April 30, 2022

Majority of Female Workers are Stressed and Considering Job Changes, Survey Finds

Majority of Female Workers are Stressed and Considering Job Changes, Survey Finds

April 28, 2022 Concerns of safety and inclusivity are prompting one-half of the workforce to reconsider their current employment situation. Nicole Stempak The workforce may soon be facing another shakeup. A majority of female workers (53%) say their stress levels are higher than they were a year ago, and almost half feel burned out, accordingRead More

April 28, 2022

A Small Business Is Doing Well, But Finding Workers Is Another Story

A Small Business Is Doing Well, But Finding Workers Is Another Story

April 28, 2022 Hidaka USA Inc. is growing, but finding staff is a major challenge. Adrienne Selko For the past 30 years, Hidaka USA, Inc. Inc, based in Dublin Ohio, has managed to not only navigate the ups and downs of a complicated business cycle, but it has thrived. Established in 1989 as a supplier of prototypes,Read More

April 20, 2022

Many Employees Long to Stay Home Even as Workplaces Reopen

Many Employees Long to Stay Home Even as Workplaces Reopen

By Nicholas Dolinger   April 18, 2022 Updated: April 18, 2022 After two years in which remote work has seen an unprecedented renaissance, many workplaces are returning to in-person work. But for many employees, faced with rising costs and onerous commutes, the return to brick-and-mortar offices is far from welcome. Office occupancy, which hit an all-time lowRead More

April 7, 2022

Lockdown States Drag Down Overburdened Labor Market

Lockdown States Drag Down Overburdened Labor Market

By Petr Svab   April 6, 2022 Updated: April 6, 2022 Print News Analysis States that instituted more severe COVID-19 lockdowns have put a drag on recovery in a labor market desperate for hires. With the onset of the pandemic in 2020, millions of Americans left or were forced out of the labor pool due to fear of theRead More