Our top articles from August highlight evolving hiring and job seeker trends, as well as recruiting and marketing strategies to help overcome talent shortages.
#1. Recruiting Methods You Need to Test
If you’re going to keep up with an ever-evolving industry,...
The cost of replacing an employee can be as much as one-third of that employee’s annual salary, according to Employee Benefit News, as reported by HR Dive. In addition, the indirect costs of a vacating employee include lost knowledge,...
The unemployment rate remained stable at 4.8% in January, according to the U.S. Bureau of Labor Statistics.
Here are some key stats for January:
Unemployment rates across age, gender, and race demographics showed little change.
Healthcare, food service,...
The number of people quitting their jobs was at a series high at the end of March, reaching 4.5 million according to recently released BLS data. This is a 152,000 increase from February's 4.4 million. The quits rate changed very...
The US job market continues to recover little by little and has now gained back more than half of the 22 million jobs lost at the start of the pandemic.
According to the Bureau of Labor Statistics, the nation’s unemployment...
The Great Resignation is largely due to married workers, MarketWatch reported, citing data from Barclays. At the beginning of the pandemic, the workforce participation decline was mostly among unmarried workers, but by September 2020 that had changed. The researchers...
The Great Resignation reached a new peak in September as 4.4 million left their jobs, according to BLS data released Friday. This represents an increase of 164,000 compared to August and is the highest number since the government began...
The Conference Board Employment Trends Index rose to 120.56 in March, after settling at 118.90 in February (a downward revision). This increase indicates another quarter of steady job growth is on the way.
“The labor market is continuing to add...
The US added 148,000 new jobs in December, marking the 87th consecutive month of employment growth, according to the Department of Labor. Wages have also started to see an increase -- they rose 2.5% in December. These gains are...
The US Conference Board Leading Economic Index (LEI) inched up 0.3% to 119.8 in March, after a 0.6% increase in February. In the last six months, the LEI has gone up by 1.9%.
March’s results indicate that economic growth will...
