LaSalle Network News Release (04/05/22) Roughly six in 10 graduates (63%) would consider temporary work, according to a survey of more than 2,500 upcoming 2022 graduates by LaSalle Network. When asked what concerns they have entering the workforce, the top three responses were lack of experience, compensation, and sense of belonging. The top job-search tools respondents used in their job search were job boards (Indeed,
PR Newswire (04/05/22) Small and midsize business (SMB) CEO confidence dropped to 84.3 in the first quarter of 2022, according to the latest CEO Confidence Index from Vistage, a CEO coaching and peer advisory organization. Vistage’s quarterly CEO Confidence Index measures SMB leaders’ sentiment on various economic and business factors each quarter. One of the takeaways that the survey highlighted was that hiring remains a priority
Staffing Industry Analysts (04/04/22) The Conference Board Employment Trends Index rose again in March, signaling further solid job growth ahead in the second quarter of this year. However, recruitment and retention difficulties remain high, and the unemployment rate is expected to approach 3% by the end of the year, indicating severe labor shortages throughout 2022. The index rose to a reading of 120.56 in March,
Staffing Industry Analysts (03/29/22) There were 11.3 million job openings in the US in February, which is down 0.2% from January but up 43.3% year over year, the US Bureau of Labor Statistics reported. Job openings remained at a near-record level in February, ABC News reported. Job openings fell by 63,000 in “finance and insurance” and by 39,000 in “nondurable goods manufacturing.” However, they rose by
CNBC (03/29/2022) Cox, Jeff In February, job openings slightly decreased to approximately 11.3 million, still significantly surpassing the number of unemployed workers by about 5 million. The Great Resignation trend persisted, with quits increasing to 4.35 million. This surge in quits, totaling 94,000 more than the previous month, represents 2.9% of the workforce. Despite a slight decrease in job openings compared to January, the number
MarketWatch (03/29/22) Bartash, Jeffry In February, approximately 4.35 million workers quit their jobs, with many leaving for better opportunities, underscoring the tightness of the labor market. This marks the ninth consecutive month where quits exceeded 4.0 million, a trend unseen before the pandemic when quits averaged under 3.0 million monthly. Despite a slight drop, job openings remained high at 11.27 million, with roughly two open
