Tag: Employment

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

April 7, 2021

Is Your Future Talent Hidden in Plain Sight?

Is Your Future Talent Hidden in Plain Sight?

There are 28 million hidden workers according to the Harvard Business Project on Managing the Future of Work. Adrienne Selko APR 05, 2021 If you are like me, you struggle with understanding how so many jobs are going unfilled, and yet there are so many people out of work. Joseph Fuller, who is a co-chairRead More

April 6, 2021

March Manufacturing More than Doubles February’s Pace for New Hires

March Manufacturing More than Doubles February’s Pace for New Hires

Manufacturers hired 53,000 more people in March as employment recovery picks up steam. APR 02, 2021 The Department of Labor’s most recent employment report reveals that the nonfarm economy added 916,000 jobs last month while manufacturing more than doubled the amount of jobs it gained in February. Manufacturing added 53,000 jobs in March after addingRead More
In Like a Lion: Manufacturing in March Grew for a Tenth Straight Month

In Like a Lion: Manufacturing in March Grew for a Tenth Straight Month

Surveyed manufacturing executives are increasingly optimistic despite supply chain and talent struggles. Ryan Secard APR 02, 2021 March was a good month for manufacturing, according to the Institute for Supply Management. The ISM’s manufacturing Purchasing Manager’s Index rose 3.9 points from February to reach 64.7%, making March the tenth month of an expanding industrial economyRead More
March jobs report is expected to be strong and show the beginning of a hiring surge

March jobs report is expected to be strong and show the beginning of a hiring surge

PUBLISHED THU, APR 1 20212:22 PM EDT Patti Domm@IN/PATTI-DOMM-9224884/@PATTIDOMM Americans are beginning to return to the workforce in big numbers, and that is likely to show up in the March employment report. Economists polled by Dow Jones expect to see 675,000 jobs added in March as the economy reopened more broadly, and the number ofRead More
Weekly jobless claims higher than expected despite signs of labor market improvement

Weekly jobless claims higher than expected despite signs of labor market improvement

PUBLISHED THU, APR 1 20218:30 AM Jeff Cox@JEFF.COX.7528@JEFFCOXCNBCCOM First-time claims for jobless benefits were higher than expected last week, with 719,000 more workers heading to the unemployment line, the Labor Department reported Thursday. The total compared with the 675,000 estimate from Dow Jones and was above last week’s downwardly revised 658,000. While the number ofRead More