A Robust June Jobs Report Clouds Outlook for US Economy

Associated Press (07/08/22) Rugaber, Christopher The June hiring report has eased concerns of an impending recession in the U.S. economy, indicating a healthy labor market. However, the data also underscores a significant divergence between the labor market’s strength and other economic indicators, suggesting a critical juncture for the economy. While robust hiring and wage growth […]

Job Openings Fall in May, but Tight Labor Market Remains

Staffing Industry Analysts (07/06/22) US job openings fell by 427,000 in May compared to April to 11.25 million but still far exceed the number of job seekers, the US Bureau of Labor Statistics reported. Figures for hires and total separations were little changed. The largest decreases in job openings were in professional and business services, […]

Worker Shortages Remain a Top Problem for Small Business Owners

National Federation of Independent Business (07/07/22) Half of small business owners (seasonally adjusted) reported job openings they could not fill in the current period, down one point from May’s 48-year record high, according to the National Federation of Independent Business. Some 23% of owners said that labor quality was their top business problem, unchanged from […]

Staffing Employment Grows Year-to-Year

American Staffing Association (06/16/22) Q2 2022 Revenue Expected to Rise 10% U.S. staffing sales reached $37.4 billion—a new first-quarter high—while first-quarter staffing jobs grew 1.6% year-to-year, according to data released by the American Staffing Association’s Staffing Employment and Sales survey. Overall, staffing companies employed an average of 2.7 million temporary and contract workers per week in the […]

U.S. Industrial Output has Small Gain in May, has Risen for Five Straight Months

MarketWatch (06/17/22) Robb, Greg Industrial production rose 0.2% in May, the U.S. Federal Reserve reported Friday, the fifth straight monthly gain. The gain was slightly below Wall Street expectations of a 0.4% gain. From January through April, output rose an average 0.9%. Capacity utilization inched up to 79% in May from 78.9% in the prior […]

Job Fair Hosted by GPS on June 29

Looking for a new job in Asheboro or the surrounding area? Graham Personnel Services (GPS) is hosting a job fair on Wednesday, June 29th! Come talk to our Asheboro Team to learn about the many openings we are hiring for immediately. Wednesday, June 29th from 11:00 am – 3:00 pm Graham Personnel Services – Asheboro […]