Category: Employers

Staffing Industry Analysts (03/03/23) Despite economic downturn concerns, 77.9% of US employers gave pay raises in the past six months, according to a survey by iHire. The pay raises were given due to merit, performance, pay compression or the rising cost of living. “Compensation is top of mind for employers and their workforces,” said Lisa Shuster, chief people officer at iHire. “Now is the time

MarketWatch (02/23/23) Bartash, Jeffry Revised government data shows the U.S. economy grew at a slightly slower pace of 2.7% annually at the end of 2022, primarily due to reduced consumer spending, with the initial 2.9% growth rate revised downwards. This article originally appeared on marketwatch.com. Use this link to see the full article: Economy grew at slower-than-reported pace of 2.7% at end of 2022, GDP

Staffing Industry Analysts (02/01/2023) The number of job openings in the US rose by approximately 572,000, or 5.5%, in December from November, reaching a five-month high of 11.0 million, according to seasonally adjusted numbers released by the US Bureau of Labor Statistics. The increase was unexpected, Reuters reported, and exceeded forecast of 10.25 million job openings forecast in its poll of economist. With vacancies concentrated in