Employment Summary for April 2021

Employment Summary for April 2021 The U.S. Bureau of Labor Statistics (BLS) today reported total nonfarm payroll employment increased by 266,000, continuing a four month increase in job growth but significantly below consensus estimates. Unemployment rate increased slightly to 6.1 percent, well below its April 2020 high of 14.7 percent. Job growth was led by continued… Read more »

Employment Summary for February 2021

Employment Summary for February 2021 The U.S. Bureau of Labor Statistics (BLS) today reported total nonfarm payroll employment increased by 379,000 in February, significantly above consensus estimates. Unemployment rate fell 6.2% or 10 million unemployed persons. Most of the job gains occurred in leisure and hospitality, with smaller gains in temporary help services, healthcare and social… Read more »

BLS Employment Situation Report for January 2021

  Employment Summary for January 2021 Total nonfarm payroll employment improved slightly in January as robust gains in professional and business services were offset somewhat by declines in leisure and hospitality and in retail trade sectors. The January job gain of 49,000 was in-line with most analysts’ expectations and represented an improvement over the weak December… Read more »

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

Released on January 21, 2021, (re-posted from MRINetwork, Pulse) 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… Read more »

US employers could save $11,000 per remote worker annually

Released on January 15, 2020, (re-posted from MRINetwork, Pulse) US employers could save $11,000 per remote worker per year if employees worked remotely an average of 2.5 days a week, according to a study released this week by Global Workplace Analytics, a San Diego-based provider of research on agile work. Global Workplace Analytics said the… Read more »

Employment Summary for December 2020

Employment Summary for 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. 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… Read more »

Survey: 76% of employees experiencing burnout

Released on December 16, 2020, (re-posted from MRINetwork, Pulse) More than three quarter of US employees, 76%, are experiencing burnout, according to a report by Spring Health, a provider of behavioral health benefits. The Covid-19 pandemic along with major political upheavals and natural disasters — such as wildfires and hurricanes — have led to higher… Read more »

STAR Update December 2020 – How to Build a Hybrid Workforce

How to Build a Hybrid Workforce By now you’ve seen and heard a lot about the hybrid workforce that is destined to be part of the new World of Work for the foreseeable future. As we get closer to a vaccine and the end of the pandemic, it’s unlikely that you will go back entirely… Read more »

Employment Summary for November 2020

Employment Summary for November 2020 The U.S. economy added 245,000 non-farm jobs in November, below the 410,000-job growth forecast by economists. The unemployment rate edged down to 6.7 percent. While November is the seventh consecutive month of both job growth and unemployment rate improvement, the pace of that improvement has moderated reflecting the ongoing coronavirus… Read more »

The UPs and Downs of Temporary Staffing by Industry

Temporary staffing revenue shows continued improvement: Pulse survey Released on December 1, 2020, (re-posted from MRINetwork, Pulse) Revenue growth continues to improve among staffing firms taking part in SIA’s Pulse Survey, according to the “US Staffing Industry Pulse Survey Report: November 2020 Selected Highlights,” released Monday. Travel nursing was a particularly bright spot. The report,… Read more »