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 »

When Is the Best Time to Hire?

When Is the Best Time to Hire? By Joe Mullings One of the most common stressors for companies is knowing when to hire. Many build out hiring plans for the next year in late Q3 or Q4 while they’re deep in budgeting mode, and start hiring in Q1 when bonuses have been paid out vacation… 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 »

How to Handle a Leadership Change in Your Organization

Most human beings resist change. After all, the unknown is uncomfortable. Changes in leadership are no exception — with them comes a natural apprehension. What direction will the new leader take? How does that impact your future? However, with the right mindset and a smart approach, changes in leadership can lead to great opportunities. They… 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 »

New Hiring Strategies for 2021

4 Ways to Update Your Hiring Strategy This Year The new World of Work has compelled companies to take a fresh look at the way they do just about everything. And in the course of making necessary adjustments, they’ve come away with insights that will prevail well after the crisis has passed. From how they… 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 »