Jobs Market Parties Like It’s 1969

Blowout employment report doesn’t jibe with recent tech layoffs, but overall labor picture is a lot more buoyant By Justin Lahart As interest rates rise and companies tighten their belts, white-collar workers have taken the brunt of layoffs and job cuts, breaking with the usual pattern leading into a downturn. WSJ explains why many professionalsRead More

Head-Scratching Job Gains in January: Labor Market Remains Hot

February 3, 2023 | Author: Mallory Vachon, Ph.D., Sr. Economist The economy added an unexpected 517,000 jobs in January, completely smashing economists’ expectations of 187,000. January’s job gains are puzzling given the headlines and expectations of a slowdown in hiring. Not only is this well-above recent months’ job gains, but it’s the highest since JulyRead More

The Job Market for Remote Workers Is Shrinking

Remote job opportunities are dwindling as fewer employers feel the need to lure talent with the promise of working from home By Ray A. Smith Jan. 24, 2023 2:52 pm ET Many prospective workers who were determined to get a remote job just a few months ago are hitting a wall as remote listings rapidlyRead More

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

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

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

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

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

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

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