The Bureau of Labor Statistics released its May Jobs Report data today, and while job creation fell short of economists' predictions (185,000 were expected but only 138,000 were added) unemployment fell to 4.3% - the lowest we have seen since 2001. Despite low unemployment, wage growth has been slow, with a 2.5% year-over-year increase. Economists [...]
Want to stay in touch with talent? Senior Vice President Jennifer Wright shares some tips on maintaining relationships with candidates in an article for Recruter.com.
Friday’s Jobs Report highlighted 235,000 gains in February and an unchanged unemployment rate of 4.7%. In addition to an increase in jobs which exceeded the previous three month average of 209,000, February also saw improvements in wages, with average hourly earnings increasing by 2.8%. In addition to increases in jobs and wages, there was also [...]
While remote work has been a growing trend, a recent Gallup poll on current workplace changes found that there has been a more significant uptick in the past several years. 43% of American employees surveyed reporting working away from their team members at least some of the time, as opposed to 39% in 2012. In [...]
As we find ourselves reaching the end of January, many of us may have noticed resolutions taking hold within the office with more of our coworkers hitting the gym or packing healthier lunches. We also may have considered our own – whether it be to spending more quality time with family, saving money, or focusing on health. However, personal [...]
Employers added a meager 142,000 jobs in September, the government said last Friday. And the average job gain for each of the past three months -- 167,000 -- is well below the 231,000 average for the previous three. The numbers renew doubts about a job market in which steady hiring and the consumer spending it [...]
With the nation's current unemployment rate at its lowest level in seven years, this year’s graduating class is among the luckiest in decades. Research shows that the lower the U.S. jobless rate at graduation, the better the career prospects for grads, yielding significantly higher wages compared with those who finish college amid times of higher unemployment. They will [...]
A leading travel industry study finds that U.S. business travel is continuing to steadily grow. This indicates rising management confidence in the economic recovery, which tends to accompany increased travel budgets and fewer travel restrictions. Overall, U.S. business travel spending is expected to increase 6.8 percent to $292.3 billion in 2014. Positive Forecast for 2013 [...]