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Author: wgraham

Employers

Recent Layoffs in the Triad: What’s Next for Displaced Workers?

Source: Tanya Rivera – WFMY News 2 (02/06/25) GREENSBORO, N.C. — Over 1,000 workers in the Triad region were impacted by recent layoffs at companies like Richloom, UNIFI, and Goodyear. While job losses can be daunting, Graham Personnel Services’ COO, Will Graham, emphasized that there are still opportunities available. With approximately 45,000 open jobs in the Greensboro area, skilled workers—particularly those with manufacturing experience—are in demand.

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Employers

The “Perfect Storm” in Hiring: Why Labor Shortages Are Here to Stay

Source: David Hill – Reporter, Triad Business Journal (02/05/25) At an executive breakfast hosted by Graham Personnel Services, Scott Insurance, and BRC, senior labor economist Ron Hetrick delivered a stark warning about the looming labor shortage, emphasizing that demographic shifts, economic pressures, and policy decisions are converging into a “perfect storm” for employers. He highlighted that the Greensboro-High Point metro area has already seen a

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Employers

U.S. Adds 256,000 Jobs in December 2024

Source: U.S. Bureau of Labor Statistics (01/10/25) The U.S. economy added 256,000 nonfarm payroll jobs in December, with gains in health care, government, and social assistance sectors, according to the Bureau of Labor Statistics. Retail trade saw job growth after a decline in November. The unemployment rate remained steady at 4.1%, a level it has hovered around for the past seven months, with 6.9 million

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Employers

November 2024 Job Market Trends

Source: U.S. Bureau of Labor Statistics (01/07/25) In November, the U.S. job market saw minimal changes in job openings, hires, and total separations, according to the U.S. Bureau of Labor Statistics. Job openings remained steady at 8.1 million, while hires totaled 5.3 million, down 300,000 year-over-year. Total separations stood at 5.1 million, a decrease of 287,000 from the previous year. Quits declined to 3.1 million,

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Employers

November 2024 Jobs Report

USA Today (12/06/24) The U.S. labor market showed resilience in November, adding 227,000 jobs as the effects of two Southeast hurricanes and worker strikes eased. The unemployment rate edged up slightly from 4.1% to 4.2%. Additionally, revised figures for September and October added 56,000 more jobs than initially reported, suggesting a stronger job market in recent months. Economists view the report as a sign that

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Employers

October 2024 Job Market Update

U.S. Bureau of Labor Statistics (12/03/24) In October 2024, U.S. job openings remained stable at 7.7 million, though down by 941,000 from the previous year. Hires and total separations also showed little change at 5.3 million each, while quits rose to 3.3 million, marking an increase of 228,000 from the prior month but a decrease of 308,000 year-over-year. The quits rate rose to 2.1%, signaling

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