The Conference Board Employment Trends Index rose to 119.38 in June, up from 118.88 in May (downward revision), indicating that an increase in employment is likely in the coming months.
Despite the jump in June, the current index reading is...
Nonfarm payroll employment gained 372,000 jobs in June, after adding 384,000 jobs in May (revised), according to the latest data from the Bureau of Labor Statistics. This is close to the recent monthly average (+383,000) and is just 524,000...
The quits rate for the month of May held relatively steady at 4.3 million, a slight decrease from April, according to the latest data from the U.S. Bureau of Labor Statistics. The quits rate was also little changed, coming...
The US Conference Board Leading Economic Index (LEI) dropped 0.4% in May to reach 118.3, after falling 0.4% in April (revised). The index has decreased 0.4% over the past six months.
“The US LEI fell again in May, fueled by...
The global staffing industry is projected to grow by 9% this year, Staffing Industry Analysts reported in their “Global Staffing Market Estimates and Forecasts” report. This follows a growth of 21% in 2021.
Some key takeaways from SIA:
The U.S.,...
The Conference Board Employment Trends Index inched down to 119.77 in May after coming in at 120.60 in April. This suggests that job growth is slowing.
“The labor market may have less room for more growth with overall employment down...
Nonfarm payroll employment increased by 390,000 jobs in May, following the addition of 436,000 jobs in April (revised), according to the latest data from the Bureau of Labor Statistics. This brings total nonfarm employment just 822,000 jobs, or 0.5%,...
The number of people quitting their jobs in April was little changed at 4.4 million according to recently released BLS data. This follows March’s series high of 4.5 million. The quits rate also changed little, coming in at 2.9%...
The US Conference Board Leading Economic Index (LEI) declined in April, dropping 0.3% to 119.2. This follows a 0.1% increase in March. The LEI has risen 0.9% over the past six months.
Ataman Ozyildirim, Senior Director of Economic Research at...
Staffing Industry Analysts (SIA) recently released the 2022 Diversity, Equity and Inclusion Influencers — US and Canada list celebrating 47 professionals who’ve been championing the diversity mission in the workforce solutions ecosystem. Individuals from staffing firms, companies that buy...