The number of people leaving their jobs in December slowed to 4.3 million after a November high of 4.5 million, according to recently released BLS data. This is a 161,000 decrease from November. The quits rate remained fairly steady...
For the last quarter of 2021, compensation costs were up 1% for civilian employees, according to the latest report from the U.S. Bureau of Labor Statistics. Wages and salaries jumped 1.1%, while benefits costs went up 0.9%. This follows a...
The Conference Board Leading Economic Index for the US rose by 0.8% to 120.8 in December, after increasing 0.7% in both November and October. The index’s growth indicates that the economy will continue to improve over the next few...
Workers can expect their wages to increase an average of 3.4% this year, according to a survey by WTW (Willis Towers Watson). This is higher than the previous estimate of 3.0%. In 2021, the average pay raise was 2.8%.
Employees...
Randstad Sourceright is the only staffing company to make Glassdoor’s list of the 100 Best Places to Work in 2022. The company ranked #77.
Glassdoor’s annual list is based on employees’ voluntary feedback about their work environment, job, and employer...
The Supreme Court today blocked the Biden administration’s mandate that would have required COVID vaccines or frequent testing at employers with 100+ employees. The vote was 6-3.
The mandate would have required workers at large employers to be vaccinated or...
The Conference Board Employment Trends Index jumped to 116.63 in December after settling at 115.64 in November (revised from 114.49). Though job growth may briefly slow during the spread of the Omicron variant, the index’s growth suggests a strong...
It was another month of sluggish job growth — nonfarm payroll increased by only 199,000 jobs in December, after gaining just 249,000 jobs in November (revised), according to the latest data from the Bureau of Labor Statistics.
Since April 2020,...
The Great Resignation gained traction after a decrease in October, with 4.5 million leaving their jobs in November according to recently released BLS data. This is a 370,000 increase from October. The quits rate increased to 3.0% and matched...
This past year, the industry had to adapt and grow in creative and unprecedented ways. Staffing professionals faced record-setting increases in employee turnover as American workers continued their quest for better pay, benefits, and work-life balance. Meanwhile, companies had...
