The Conference Board Employment Trends Index dropped slightly to 117.62 in January, down from 117.94 in December (an upward revision from the 116.63 previously reported). Despite impacts from the pandemic, the latest numbers suggest that job growth is holding...
Nonfarm payroll gained 467,000 jobs in January, according to the latest data from the Bureau of Labor Statistics. This is close to the average monthly gain of 555,000 in 2021.
January's report also included significant revisions to November and December’s...
Our top articles from January include highlights from a survey on wage increases, news of Bullhorn’s acquisition of Able, and a monthly jobs report showing sluggish job growth in the last month of 2021.
#1. Companies Planning for Salary Increases...
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...