Private payrolls hiring bursts at fastest pace since September on rise in hospitality hiring

PUBLISHED WED, MAR 31 20218:15 AM Jeff Cox@JEFF.COX.7528@JEFFCOXCNBCCOM Private payrolls in March expanded at the fastest pace since September as anticipation of a strong economic rebound coupled with aggressive vaccination rates pushed companies to hire, according to a report Wednesday from payroll processing firm ADP. Companies added 517,000 workers for the month, a healthy spikeRead More

Survey: 88% of Manufacturers Optimistic about 2021

The National Association of Manufacturers’ quarterly record of manufacturer optimism hit its highest point in two years. IW Staff MAR 09, 2021 Most U.S. manufacturers see clear skies ahead, according to a new survey released by the National Association of Manufacturers. A majority, 87.6% of 450 respondents, of small, medium and large businesses reported feelingRead More

Retail Will Grow Dramatically First Half of 2021

"The supply chain slowdown we usually see after the holiday season never really happened this winter, and imports are already starting to grow again," said Jonathan Gold, of National Retail Federation. MH&L Staff MAR 09, 2021 As increased vaccination and continued in-store safety measures enable additional shopping options, imports at the nation’s largest retail containerRead More

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

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