Category: Employers

U.S. Federal Reserve (10/19/22) Economic activity expanded modestly on net since the previous report, but conditions varied across industries and districts. Four districts noted flat activity and two cited declines, with slowing or weak demand attributed to higher interest rates, inflation, and supply disruptions. Manufacturing activity held steady or expanded in most districts in part due to easing in supply chain disruptions, though there were

National Federation of Independent Business (10/06/22) Small business owners reporting labor quality as their top business operating problem remains elevated at 22% in September, according to the National Federation of Independent Business. Labor cost reported as the single most important problem to business owners was unchanged at 10%. Forty-six percent (seasonally adjusted) reported job openings they could not fill in the current period, down three

Quits Rate Unchanged, Job Openings Decline in August: BLS Data By Staffing Hub Writer (10/04/22) The number of quits was relatively unchanged for the month of August, and held steady at 4.2 million according to the most recent BLS Job Openings and Labor Turnover Summary. This number matched July’s 4.2 million quits. The quits rate was also unchanged at 2.7%. The last business day of August saw a