Staffing Industry Analysts (11/15/24) SIA Editorial Staff The Federal Reserve Bank of Philadelphia’s latest Survey of Professional Forecasters has raised projections for near-term economic growth. US GDP is now expected to grow at an annual rate of 2.2% this quarter and 1.9% in Q1 2025, up from earlier forecasts of 1.7%. For 2025, forecasters predict an average of 134,100 jobs added per month, although unemployment
BURLINGTON, NC (11/07/24) – We’re thrilled to announce the upcoming opening of Graham Personnel Services’ new branch office in Burlington, North Carolina! This expansion is a significant milestone in our dedication to supporting both employers and job seekers throughout North Carolina. Our Burlington location will provide an ideal local hub for matching top talent with leading employers in Alamance County and nearby areas. Though we’re
WFMY News 2 (10/31/24) GREENSBORO, N.C. — Will Graham, COO of Graham Personnel Services, appeared on WFMY News 2‘s 2 Wants To Know alongside Fred Henry, Assistant Director of External Affairs at GuilfordWorks. Hosted by Executive Producer and Anchor Tanya Rivera, the segment focused on the latest hiring trends in the Triad, current job opportunities, and resources available for both job seekers and employers in
Bloomberg (10/30/24) Boesler, Matthew The U.S. economy grew at a 2.8% annualized rate in the third quarter, driven by a surge in consumer spending and increased federal defense expenditures. This follows a 3% growth rate in the prior quarter and exceeded most forecasts. Consumer spending, the largest contributor to economic activity, rose by 3.7%, marking the strongest increase since early 2023. The robust growth is
ADP News Release (10/30/24) In October, the private sector added 233,000 jobs and annual pay increased 4.6% year-over-year, according to the ADP National Employment Report. Despite challenges from hurricane recovery, U.S. job growth remained strong, indicating robust and resilient hiring across the private sector. This information originated from mediacenter.adp.com. Use this link to see the full article: ADP National Employment Report: Private Sector Employment Increased
U.S. Bureau of Labor Statistics (10/29/24) In September, U.S. job openings remained steady at 7.4 million, with hires also little changed at 5.6 million, according to the Bureau of Labor Statistics. Total separations held at 5.2 million, with quits stable at 3.1 million, though down 525,000 from the previous year. Layoffs and discharges stayed consistent at 1.8 million for the month, but have risen by
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