Category: Employers

Employers

Labor Force Participation to Decline in 2023

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

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Employers

US Private Sector Adds 235,000 Jobs in December

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

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US Job Openings Slip By Just 0.5% in November

Staffing Industry Analysts (01/04/23) The number of US job openings were little changed in November, falling by just 0.5% as demand for workers remains high, according to data released by the US Bureau of Labor Statistics. “Job openings were revised upwards from 10.3 million to 10.5 million in October and held steady in November — a testament to the resilience of demand of labor on

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Quits Have Topped 4.0 Million for a Record 18 Consecutive Months

MarketWatch (01/04/23) Bartash, Jeffry Job openings in the U.S. declined a bit to 10.46 million in November, but workers were still quitting in droves in a sign the labor market remains quite strong. Job listings dropped from 10.51 million in October, according to the U.S. Department of Labor. However, openings in October also were revised higher. There were 1.7 job openings for each unemployed worker

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Employers

Quits Average More Than 4 Million for the 17 Consecutive Month

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,

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Employers

Triad to See Employment Boom in 2023

RICHARD CRAVER, Greensboro News and Record (12/31/22) For Greensboro and Guilford County economic developers, workforce trainers and residential and commercial real-estate firms, 2023 will be a year of speculation. The first of several waves of hiring is slated to begin in earnest for two employers planting what are hoped to be deep roots in the county and Triad. Construction is projected to commence by this

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