Tag: Jobs

January 9, 2023

Latest Reports Show Manufacturing Jobs Overall Stable Despite Persistent Churn

Latest Reports Show Manufacturing Jobs Overall Stable Despite Persistent Churn

Jan. 6, 2023 Manufacturing added a net 8,000 jobs last month, but with serious discrepancies between hiring in durable and nondurable goods industries. Ryan Secard A pair of reports released by the Bureau of Labor Statistics this week shows that manufacturing employment remains stable despite significant churn and persistently high job openings. The latest ofRead More
Hiring, Wage Gains Eased in December, Pointing to a Cooling Labor Market in 2023

Hiring, Wage Gains Eased in December, Pointing to a Cooling Labor Market in 2023

The unemployment rate edged down to match a half-century low of 3.5% Employers in many sectors were still struggling late in the year to fill open positions, pushing up wages. By David Harrison   The U.S. labor market is losing momentum as hiring and wage growth cooled in December, showing the effects of slower economic growth and theRead More

January 5, 2023

Companies Are Gritting Their Teeth and Hiring

Companies Are Gritting Their Teeth and Hiring

Labor market remains surprisingly robust despite concerns about the economy Even as manufacturers became gloomier, according to a report released Wednesday, they stepped up hiring By Justin Lahart – Wall Street Journal A lot of businesses are feeling morose about where the economy is heading. And yet they still are looking to hire more workers.Read More

November 29, 2022

The Battle for Talent: 3 Manufacturers Share Their Wins

The Battle for Talent: 3 Manufacturers Share Their Wins

Nov. 21, 2022 Sometimes the best solutions have been developed by companies looking to serve their own unique needs. Ethan Karp American manufacturers are missing out on serious revenue due to talent shortages. Last year, the research firm Korn Ferry predicted that unrealized output from manufacturing talent shortfalls will grow to more than $607 billion by 2030.Read More

October 17, 2022

People just don’t want to work???

People just don’t want to work???

With jobs going unfilled and nearly two open positions for every job seeker, many people are complaining that since the pandemic, people just don't want to work. IndustryWeek Editor-in-Chief Robert Schoenberger recently discussed those trends with the Austin Regional Manufacturers Association, noting that few of the major employment trends are recent, so solving them will require aRead More

August 25, 2022

The Great Resignation Is Cooling Off

The Great Resignation Is Cooling Off

Over the past two years, Americans were leveraging their current jobs for more pay with competing firms, part of the Great Resignation across the nation. According to the Federal Reserve Bank of New York’s July 2022, Labor Market Survey released on Monday, more Americans are staying at their current firms as the rate of employeesRead More

April 30, 2022

Majority of Female Workers are Stressed and Considering Job Changes, Survey Finds

Majority of Female Workers are Stressed and Considering Job Changes, Survey Finds

April 28, 2022 Concerns of safety and inclusivity are prompting one-half of the workforce to reconsider their current employment situation. Nicole Stempak The workforce may soon be facing another shakeup. A majority of female workers (53%) say their stress levels are higher than they were a year ago, and almost half feel burned out, accordingRead More

April 28, 2022

A Small Business Is Doing Well, But Finding Workers Is Another Story

A Small Business Is Doing Well, But Finding Workers Is Another Story

April 28, 2022 Hidaka USA Inc. is growing, but finding staff is a major challenge. Adrienne Selko For the past 30 years, Hidaka USA, Inc. Inc, based in Dublin Ohio, has managed to not only navigate the ups and downs of a complicated business cycle, but it has thrived. Established in 1989 as a supplier of prototypes,Read More

April 7, 2022

Lockdown States Drag Down Overburdened Labor Market

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

April 4, 2022

ISM Report, BLS Data Show March Growth in Manufacturing

ISM Report, BLS Data Show March Growth in Manufacturing

April 1, 2022 The Department of Labor reported that manufacturing employment is now just 1% shy of its pre-COVID levels. Ryan Secard A pair of key reports for manufacturers show that manufacturing job growth is accelerating. The monthly jobs report for March, released April 1 by the Bureau of Labor Statistics, showed that manufacturing hiredRead More