Lockdown States Drag Down Overburdened Labor Market

By Petr Svab   April 6, 2022 Updated: April 6, 2022 Print News Analysis States that instituted more severe COVID-19 lockdowns have put a drag on recovery in a labor market desperate for hires. With the onset of the pandemic in 2020, millions of Americans left or were forced out of the labor pool due to fear of theRead More

Businesses Remain Resilient: Strong Hiring Continues Across the U.S.

April 1, 2022| Author: Mallory Vachon, Ph.D., Sr. Economist The economy added an impressive 431,000 jobs in March, continuing a long stretch of growth. The economy has added an average of 560,000 jobs each month since January 2021 and is on track to recover all jobs lost to the pandemic this year. National Job GainsRead More

Manufacturing Quits Up 7% in February As Hiring Growth Lags

March 29, 2022 According to the latest government data, 22,000 people quit their durable goods manufacturing jobs last month, a 13.3% increase over the previous month. Ryan Secard The private economy remains troubled by competition for talent, and the latest figures from the U.S. Department of Labor pose concerns for manufacturers looking to keep their workers.Read More

The Workforce Has Spoken—How Should Companies Respond?

March 9, 2022 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 areRead More

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

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

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

Getting Gen Z to Like Your Company

Here are some ideas to try. Adrienne Selko AUG 05, 2021 The bar to help companies attract the next generation of workers – Gen Z ( born 1995-2012 -- keeps getting higher. We understand they have different values, expectations and working styles. And now we have to get these employees to like our companies, saysRead More

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

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