Tag: Jobs

April 7, 2021

Is Your Future Talent Hidden in Plain Sight?

Is Your Future Talent Hidden in Plain Sight?

There are 28 million hidden workers according to the Harvard Business Project on Managing the Future of Work. Adrienne Selko APR 05, 2021 If you are like me, you struggle with understanding how so many jobs are going unfilled, and yet there are so many people out of work. Joseph Fuller, who is a co-chairRead More

March 29, 2021

New US Jobless Claims Drop Below 700,000, 1st Time Since Pandemic: Gov’t

New US Jobless Claims Drop Below 700,000, 1st Time Since Pandemic: Gov’t

The drop of 97,000 from the prior's week's upwardly revised figure was much better than analysts forecast. Agence France-Presse MAR 25, 2021 New filings for regular unemployment benefits in the United States dropped to 684,000 last week, the government said Thursday, their first reading below 700,000 since the pandemic sparked mass layoffs. The drop ofRead More

March 15, 2021

Survey: 88% of Manufacturers Optimistic about 2021

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

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

February 1, 2021

Recruiter biases about minorities more pronounced before lunch and at end of day: Jobs website study

Recruiter biases about minorities more pronounced before lunch and at end of day: Jobs website study

Released on January 26, 2021 A study of recruiters’ behavior searching for candidates on a jobs website in Switzerland found that rates of contact are 4% to 19% lower for job seekers from immigrant and minority ethnic groups. It also found that time of day has an impact — particularly just before lunch and atRead More
US wages rise by 4% in fourth quarter, but loss of low-wage jobs affects average

US wages rise by 4% in fourth quarter, but loss of low-wage jobs affects average

Released on January 27, 2021 US workers’ wages rose by 4.4% in the fourth quarter with the average wage rising by $1.27 to $30.19 per hour, according to the ADP Research Institute’s Workforce Vitality report. But a look behind the number tells a different story. Average wage growth is higher than expected because of significantRead More

January 26, 2021

76% of US companies say hiring demand will return to pre-pandemic levels this year: Study

76% of US companies say hiring demand will return to pre-pandemic levels this year: Study

Released on January 21, 2021 Hiring demand will approach, return to or exceed pre-pandemic levels this year, according to the 2021 Future of Recruiting Study published by CareerArc, a provider of a social recruiting platform. Of companies surveyed, 76% believe hiring demand will return this year. CareerArc’s survey also discovered that companies are most concernedRead More
US private sector off to strong start, but labor market news disappoints: IHS Markit

US private sector off to strong start, but labor market news disappoints: IHS Markit

Released on January 22, 2021 The US private sector got off to a strong start in 2021, according to a report out today by IHS Markit, an analysis firm. However, concerns remain, and there was disappointing news on the labor market. IHS Markit cited its US composite PMI Output Index, saying the US private sector regainedRead More
Bah Humbug on the ‘Doom and Gloomers’

Bah Humbug on the ‘Doom and Gloomers’

Posted by Alan Beaulieu on Dec 23, 2020 10:40:23 AM Here Are Two Reasons Why The headlines trumpeted that Retail Sales fell in November, a move that many did not see coming. For the record, Retail Sales are on track with our forecast. The concern raised by others regarding November’s drop is that consumers have pulled back,Read More

January 20, 2021

BLS Employment Situation Report: December 2020

BLS Employment Situation Report: December 2020

Total nonfarm payroll employment in December declined by 140,000 in December, well below the consensus forecast of a job gain of 45,000. The unemployment rate remained unchanged at 6.7 percent or 10.7 million unemployed persons. The Bureau of Labor Statistics (BLS) noted in today’s release that both unemployment measures are much lower than their AprilRead More