US private-sector employment drops for first time since April as Covid surges

Released on January 6, 2021 Private-sector employment fell by 123,000 jobs in December compared to November as Covid-19 surged, according to the ADP National Employment Report released today. “As the impact of the pandemic on the labor market intensifies, December posted the first decline since April 2020,” said Ahu Yildirmaz, VP and co-head of theRead More

Building your A-team

Sacramento Business Journal Leadership Trust By Dave Sanders , President at WorldBridge Partners Dave is well established in the West Coast venture capital community and is a General Partner in several seed-stage venture funds. As an investor in seed and high-growth companies, I look at (beyond the idea and market potential) the founders and the team they haveRead More

Labor market recovery continues, ADP report says 749,000 new jobs this month

Released on September 30, 2020 The US private sector added 749,000 jobs in September month over month, an increase compared to August and July, according to the ADP National Employment report released today. The US added 481,000 private-sector jobs in August and 216,000 in July. “The labor market continues to recover gradually,” said Ahu Yildirmaz,Read More

Initial US jobless claims fall by 33,000; Fed to keep interest rates low until job market strengthens

Released on September 17, 2020 US initial jobless claims fell in the week ended Sept. 12 from the prior week, according to seasonally adjusted data released today by the US Department of Labor. Total initial jobless claims fell to 860,000 for the week, down 33,000 from the previous week’s level, which was revised upward byRead More

CNBC Article: Op-ed: More companies will offer remote work at price of staff position. Take the deal.

Released on July 31, 2020 The pandemic was just the tipping point for the emerging interim economy. The word “interim” literally translates from its Latin origins as “the time in between.” For businesses, the next two years will be a time in which they either adapt or disappear. If we succeed in restoring “a million jobsRead More

Job board says applications jumped in Q2, biggest spike is in marketing

Released on July 27, 2020 Applications for US jobs increased by 11.3% in the second quarter, job board Resume-Library reported today. It also found that marketing was the industry that saw the biggest spike in people looking for work. “Millions of Americans have had no choice but to file for unemployment, as businesses continue toRead More

Ensuring Your Company has Strong Leaders, Not Bosses

Are leaders born or made? It's an interesting question that produces a plethora of answers. But here's something that isn't up for debate: People are naturally attracted to leaders. Leaders possess capabilities that can inspire others to become their best, something that business owners eagerly seek in the people they hire and the individuals theyRead More

US businesses less optimistic in June due to greater uncertainty around Covid-19

Released on July 13, 2020 US private-sector firms were less optimistic in June as companies expressed greater uncertainty surrounding Covid-19 and the subsequent impact on the private sector, according to the IHS Markit US Business Outlook released today. Employment expectations dropped to the lowest since February 2017. Private sector firms continued to forecast a riseRead More

US initial jobless claims fall by 60,000, but recovery remains ‘lethargic’

Released on June 25, 2020 US initial jobless claims fell by 60,000 in the week ended June 20 from the previous week to a total of almost 1.5 million, according to seasonally adjusted numbers released today by the US Department of Labor. However, the previous week’s level was revised upward by 32,000. The four-week movingRead More

An Unprecedented Opportunity to Hire Great Talent!

In a recent Harvard Business Review article, Claudio Fernández-Aráoz makes a compelling case to seize the moment in hiring great people. Ths business disruption over past months has created an unprecedented opportunity. He encourages business leaders to think beyond survival and look for opportunities this crisis has created. Chief among them is the chance toRead More