Small and midsize business CEOs are feeling slightly better than last quarter, according to the latest Vistage CEO Confidence Index. The index reading ticked up to 76, continuing an upward trend for the year.
However, SMB CEO confidence is still...
Total nonfarm payroll employment rose by +336,000 in September, according to data from the Bureau of Labor Statistics. The increase is much higher than the previous month and almost twice what had been forecast. The unemployment rate remained steady...
Private sector employment was up +89,000 jobs last month, according to ADP's September National Employment Report. That's down from a revised +180,000 in August and represents the slowest pace of growth since January 2021. Annual pay is up 5.9%...
The number of job openings rose 5.8% (+690,000) to 9.6 million in August, according to the latest Job Openings and Labor Turnover Summary (JOLTS) report from the Bureau of Labor Statistics. The number of hires and total separations were...
Our top articles for September include a guest piece that explores the positive impacts of candidate care in the hiring process, highlights from BLS and SIA industry reports, and a podcast episode about the future of AI in staffing.
#1....
A majority of job seekers (62.7%) are hopeful that they'll find a job that matches their goals and skills in the next three months, according to Aerotek's Summer 2023 Job-Seeker Survey. Only 10% are not hopeful, and the rest...
The private sector is marking its worst performance since February, according to data released last week by S&P Global. Data from both manufacturers and service providers "indicated muted demand conditions," and "the service economy lost further momentum."
New orders for...
The U.S. staffing industry will end the year with revenue down 10% to $201.7 billion, according to the latest forecast from Staffing Industry Analysts. Next year, the industry as a whole is predicted to grow 3%.
A large chunk of...
The U.S. economy is projected to add almost 4.7 million jobs from 2022 to 2032, according to new BLS projections. Total employment is projected to grow by 0.3% annually, which is slower than the 1.2% annual growth rate between...
The Conference Board Employment Trends Index (ETI) was 113.02 in August, down from a downwardly revised 114.71 in July. This indicates slower growth and job losses may be ahead.
The ETI has trended down since March 2022, but still remains...
