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The Source

May Jobs Report

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 are […]

By |June 2nd, 2017|The Source|

Strong February Jobs Report Reflects Continued Competition for Top Talent

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 a […]

By |March 10th, 2017|The Source|

Increases in Remote Work Will Require Employers to Adapt

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 […]

By |February 21st, 2017|The Source|

New Doubts about the Job Market

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 drives […]

By |October 8th, 2015|The Source|

The Benefits of Sharing Power and Working with Teams

Working as a team is something almost every one of us will have to do at some point in our careers, but all too often there are roadblocks– ranging from lack of communication to clashing personalities — that get in the way of the many benefits of teamwork.

It falls to leaders to get things […]

By |September 24th, 2015|The Source|

Can Liberal Arts Grads Find Jobs After Graduation?

We hear a lot about the importance of majoring in science, technology, engineering and mathematics (STEM) in college, but a new study provides some reassurance for liberal arts and humanities graduates as well.

According to results of a new study by the National Association of Colleges and Employers (NACE), three in five liberal arts bachelor’s degree […]

By |July 14th, 2015|The Source|

Why Aren’t There More Women in Top Management?

The “Queen Bee” syndrome is a myth, according to researchers who argue that professional women keep other females out.

Instead, new research blames the lack of women in senior roles on men’s determination to retain power at the top, a research team at Columbia Business School, concludes.

This new research looks at top management teams in 1,500 companies over a 20-year period and […]

By |June 17th, 2015|The Source|

A Great Time to be Graduating from College

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 be starting […]

By |June 2nd, 2015|The Source|

Report: Diverse Workforces Perform Better Financially

New research from McKinsey makes it increasingly clear that companies with more diverse workforces perform better financially.

We know intuitively that diversity matters. It’s also increasingly clear that it makes sense in purely business terms.

McKinsey’s latest research finds that companies in the top quartile for gender or racial and ethnic diversity are more likely to have […]

By |April 8th, 2015|The Source|

Study Highlights Link Between Business Travel and Jobs Growth

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
The Alexandria-based Global Business […]

By |July 16th, 2014|The Source|