Tag: Employment

March 17, 2022

The Workforce Has Spoken—How Should Companies Respond?

The Workforce Has Spoken—How Should Companies Respond?

We have moved past panic. We are now fully immersed in understanding the problem and fixing it. Adrienne Selko Last year, more than 47 million Americans walked away from their jobs. While manufacturing did not have the quit rates of other industries, the message was still heard, loud and clear. Employees are so unhappy withRead More

February 14, 2022

Poor Talent Strategy Surpasses Supply Chain Disruption As Top Worry

Poor Talent Strategy Surpasses Supply Chain Disruption As Top Worry

Feb. 8, 2022 Organizations continue to struggle with questions related to a timeline for returning employees to the office and developing new working models, including remote and hybrid, to satisfy their workforce. Executives are concerned about their ability to deliver value propositions that satisfy employees and a subsequent inability to retain and recruit talent accordingRead More

August 25, 2021

Supply Chain Professionals Optimistic About Jobs and Job Market

Supply Chain Professionals Optimistic About Jobs and Job Market

Well over half (54%) of professionals received a bonus award this year, which markedly climbed from 43% in 2020. MH&L Staff AUG 23, 2021 Seems things are looking up. Around 58% of professionals felt positive about the current job market, according to a  study released on August 17 from DSJ Globa. This is a big differenceRead More

August 10, 2021

Warehouses are Luring Workers from Other Industries

Warehouses are Luring Workers from Other Industries

An additional 282,470 workers could be needed by Q2 2021. MH&L Staff AUG 05, 2021 Greater demand for warehouse space stemming from a structural shift in supply chain dynamics has led to a highly competitive labor environment in many markets, which COVID-19 has exacerbated. In 2Q 2021, a record 423.7 million square feet of industrialRead More

July 15, 2021

Manufacturing Adds 15,000 Jobs in June

Manufacturing Adds 15,000 Jobs in June

Average hourly wages in durable goods increased by 4.9%, year-over-year, as employers woo talent. Ryan Secard JUL 04, 2021 Manufacturing employment crept up slowly last month. On July 2, the Census Bureau’s latest Employment Situation report showed that goods-manufacturing businesses hired 15,000 more people in June after hiring 39,000 in May. That’s despite significant lossesRead More

July 12, 2021

Supply, Talent Shortages Weigh on Manufacturing Growth

Supply, Talent Shortages Weigh on Manufacturing Growth

The manufacturing sector grew last month for the thirteenth month running, albeit at a slightly slower pace than it had in May. The Institute for Supply Management, in its June report on manufacturing business, lowered its manufacturing PMI to 60.6%—above the 50% mark indicating growth, but 0.6 points lower than May’s 61.2% PMI. Results fromRead More

June 16, 2021

US unemployment claims fall to 376,000, sixth straight drop

US unemployment claims fall to 376,000, sixth straight drop

By PAUL WISEMANJune 11, 2021 WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell for the sixth straight week as the U.S. economy, held back for months by the coronavirus pandemic, reopens rapidly. Jobless claims fell by 9,000 to 376,000 from 385,000 the week before, the Labor Department reported Thursday. The numberRead More

May 19, 2021

Job Satisfaction Remains High, Despite Pandemic

Job Satisfaction Remains High, Despite Pandemic

Employees are happy as many companies went above and beyond in supporting their workers during the pandemic, said the Conference Board EHS Today Staff APR 28, 2021 Despite the fallout from the pandemic -- an economic crisis, mass layoffs, and high unemployment -- the percent of employees reporting overall satisfaction with their jobs remained highRead More

April 16, 2021

US jobless claims plunge to 576,000, lowest since pandemic

US jobless claims plunge to 576,000, lowest since pandemic

Elyse Russo APR 15, 2021 / 08:02 AM CDT The number of Americans applying for unemployment benefits tumbled last week to 576,000, a post-COVID low and a hopeful sign that layoffs are easing as the economy recovers from the pandemic recession. The Labor Department said Thursday that applications plummeted by 193,000 from a revised 769,000 a weekRead More

April 13, 2021

The economy is on the cusp of a major boom and economists believe it could last

The economy is on the cusp of a major boom and economists believe it could last

PUBLISHED FRI, APR 9 2021 Patti Domm@IN/PATTI-DOMM-9224884/@PATTIDOMM The economy has entered a period of supercharged growth, and instead of fizzling, it could potentially remain stronger than it was during the pre-pandemic era into 2023. Economists now expect the second quarter to grow at a pace of 10%, and growth for 2021 is expected to be north of 6.5%.Read More