Author: wgraham

Staffing Industry Analysts (01/12/23) Inflation eased in December. CEOs reported slower growth is a top concern along with a recession. Jobless claims declined. Inflation Inflation cooled in December, according to monthly numbers out today. The Consumer Price Index for All Urban Consumers fell 0.1% in December on a seasonally adjusted basis. This is the first time prices have dropped month over month since May 2020, The

PRNewswire (01/09/23) The Conference Board Employment Trends Index declined in December to 116.31 from a downwardly revised 117.14 in November. “The number of employees working in temporary help services—a component of the ETI and an important leading indicator for hiring—has fallen for five consecutive months and may foreshadow weaker job gains or even job losses in other industries,” said Frank Steemers, senior economist at the

Staffing Industry Analysts (01/05/23) Employment in the US private-sector rose by 235,000 jobs in December, according to the ADP National Employment Report released. The report also found annual pay was up 7.3% in December. ADP noted the job growth seen in November and December was led by consumer-facing service industries, with small and midsize establishments gaining 386,000 jobs, while large establishments offset those increases with

Staffing Hub (01/04/23) The number of quits inched up to 4.2 million during the month of November, according to the most recent BLS Job Openings and Labor Turnover Summary. This is slightly more than the 4.0 million quits reported in October. The quits rate increased to 2.7%, up from 2.6% the previous month. The number of job openings on the last business day of November was 10.5 million,