Employment Summary for July 2017

The July Employment Situation Report from the Bureau of Labor Statistics revealed a 0.1 percent decline in the U.S.’s unemployment rate – to 4.3 percent – and a gain of 209,000 jobs in total nonfarm payroll employment. According to Markets Insider, projections for the unemployment rate’s small decline were spot-on, while economists’ estimate of jobs[…]

Working From Home – How Important Is It?

Recently, some large companies have curtailed the ability of their employees to work from home, now asking staff to work in corporate offices. These changes are focused on driving increased collaboration, creativity, mentoring and innovation, but may alienating top talent in the executive, managerial and professional labor market – a sector that has been candidate-driven[…]

Employment Summary for June 2017

The June Employment Situation released by the Bureau of Labor Statistics showed that the U.S. economy added 222,000 jobs. This far exceeded analysts’ expectations of just over 170,000 jobs. The current unemployment rate is 4.4 percent. Healthcare added 37,000 jobs, with 25,000 of these roles increasing in ambulatory healthcare services, and 12,000 in hospitals. Despite[…]

The Recruiter’s View: Top Hiring Insights of 2017

According to a June New York Times article, “We may be closer to full employment than it seemed.” Based on the May jobs report, the source asserts the possibility that this is as good as it will get for the United States labor market. Why? Slowed job growth with 121,000 new positions as the three-month[…]

Employment Summary for May 2017

The U.S. added 138,000 jobs in May as the unemployment rate edged down from 4.4 percent in April to settle at 4.3 percent, according to data released by the Bureau of Labor Statistics. The rate is currently at its lowest level in 16 years, Bloomberg noted. However, the number of jobs gained fell short of[…]

Retain Your Clients By Retaining Your Employees

Suppose you have a client who deals with a specific representative within your organization on a regular basis. Then that client starts to see multiple employees being funneled through that position. Every time the client contacts you, they’re dealing with a new person. What does this say to your client about your company? Countless negative[…]

Employment Summary for April 2017

The U.S. job market bounced back in April, adding 211,000 nonfarm payroll jobs during the month, according to data released today by the U.S. Bureau of Labor Statistics. The gains exceeded Bloomberg economists’ prediction of 190,000 jobs added, and followed a weaker-than-expected March that saw 79,000 jobs added, revised down from the previously reported 98,000[…]

How to Avoid Making Costly Hiring Mistakes

In today’s highly competitive job market, businesses can’t afford to take a lackluster approach to recruitment and hiring. Not only can a bad hire lead to costly turnover, but it can also negatively impact the organizational performance of a business and, therefore, its bottom line. According to the Society for Human Resources Management, the cost[…]

Employment Summary for March 2017

Figures released today by the Bureau of Labor Statistics showed that the U.S. added 98,000 nonfarm payroll positions in March. Economists had forecast that 180,000 jobs would be added during the month, according to The New York Times. The BLS also revised the total number of jobs added in February from 235,000 to 219,000. The[…]