Wage Growth Bounces Back

Wall Street Journal Wages are probably the best indicator of underlying inflation and they’re going up. Average hourly earnings jumped 0.6% in November from October and 5.1% from a year earlier, up from 4.9%. While that’s in line with the range for 2022, there’s been a recent acceleration: Wages surged at 5.8% annual rate inRead More

Let’s View Our Employees Like We Do Our Customers

Nov. 17, 2022 Workforce strategies must change for companies to attract the talent necessary to ensure success. Adrienne Selko Successful companies possess intricate customer profiles which enable them to deliver exactly what customers want. Great care, time and research go into developing these profiles. What if employers put that same time and energy into understandingRead More

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

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

To Address Labor Shortages, Manufacturers Must Become Talent Creators

Aug. 18, 2022 Upskilling and reskilling of existing employees is also a vital piece of this employment puzzle. Chris Keaveney Our nation is facing a dire shortage of manufacturing workers. The National Association of Manufacturers forecasts that by 2030, the United States could have 2.1 million unfilled manufacturing jobs. A March 2022 survey from Deloitte and the Manufacturing InstituteRead More

A Feeling of Belonging Key to Employee Attraction for CoorsTek

Jan. 3, 2022 Adrienne Selko The 6,000-person company hired 2,000 people last year at a time when many manufacturers struggle to fill their workforces. Is a family-owned company, now run by the fifth generation, one that would attract employees? Well, it seems the answer to this question is yes, as CoorsTek, founded in 1910 byRead More

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

Leaders Need to Learn How to Care—and Show It

May 17, 2022 Cultivate a culture of empathy, and people will want to work for you. The Great Resignation has generated new trends in employment, most of which have involved throwing money at workers to make them stay or to lure them in. For the first time in decades, hourly workers are incentivized with signingRead More

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