Employment Summary for June 2021 Continuing a six month increase in job growth, the U.S. Bureau of Labor Statistics (BLS) today reported total nonfarm payroll employment increased by 850,000. Results were above analyst expectations as higher wages and incentives to meet growing demand drew more workers back into the labor force. Unemployment rate was little changed… Read more »
Category: Job Seekers
Employment Summary for May 2021
Employment Summary for May 2021 The U.S. Bureau of Labor Statistics (BLS) today reported total nonfarm payroll employment increased by 559,000, slightly below analyst expectations but continuing a five month increase in job growth. Unemployment rate declined by 0.3 percentage point to 5.8 percent. Gains of almost 300,000 jobs in the leisure and hospitality industry drove… Read more »
Networking: the New, Hybrid World of Work
Best Practices for Networking in the New, Hybrid World of Work By Nancy Halverson Like hiring, commuting, group brainstorming, and other aspects of the World of Work, networking has completely changed due to COVID-19. In some ways, the pandemic has made connecting with colleagues and professional acquaintances more difficult. For one, digital channels have become… Read more »
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 »