Job Growth Moderation Likely, but Wage Pressure To Remain Elevated
Staffing Industry Analysts (03/07/22) On the heels of last Friday’s jobs report, The Conference Board Employment Trends Index indicates more robust job growth lies ahead, although at a slower pace. However, hiring and retention will continue to pose challenges. “So far in 2022, more than 1 million jobs have been gained,” said Frank Steemers, senior […]
US Employment Exceeds Estimates With Temp Jobs Up
Staffing Industry Analysts (03/04/22) Temporary help services jobs rose by 35,500 in February from January while total nonfarm jobs rose by 678,000, according to seasonally adjusted data released today by the US Bureau of Labor Statistics. “Today’s jobs report indicates strong momentum in hiring across all sectors of the economy as the impact of the […]
Graham Personnel Services Named a 2022 Best Staffing Firm to Work For
Greensboro, NC (March 2, 2022) – Graham Personnel Services announced today it has been named as a Best Staffing Firm to Work For winner for 2022. The Best Staffing Firm to Work For awards are given annually by Staffing Industry Analysts (SIA), the global advisor on staffing and workforce solutions, and the 2022 awards were […]
Private Sector Employment Increased in February
ADP News Release (03/02/22) Private sector employment increased by 475,000 jobs from January to February, according to the February ADP National Employment Report. “Hiring remains robust but capped by reduced labor supply postpandemic. Last month large companies showed they are well-poised to compete with higher wages and benefit offerings, and posted the strongest reading since […]
US Manufacturing Activity Expands but Employment Slows Amid Hiring Challenges
Staffing Industry Analysts (03/01/22) Activity in the US manufacturing sector expanded in February at a faster rate than January, according to the Institute for Supply Management’s “Manufacturing ISM Report on Business,” released today. However, growth in employment slowed as hiring remains a challenge. “The US manufacturing sector remains in a demand-driven, supply chain-constrained environment,” said […]
Richmond Fed: Manufacturing Activity Softened in February
Federal Reserve Bank of Richmond (02/22/22) Mid-Atlantic manufacturing activity softened in February, according to the Federal Reserve Bank of Richmond. The composite index dropped from eight in January to one in February, due to declines in the indexes for shipments and new orders. Both indexes turned negative, with the shipments index dropping notably to -11 […]