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Employers

Record Number of Small Business Owners Report Labor Quality as Top Business Problem

National Federation of Independent Business (12/02/21) Small business owners continue to struggle to increase their workforce, with 29% of owners reporting labor quality as their top business problem in November (a 48-year record high), according to the National Federation of Independent Business. Ten percent of owners cited labor costs as their top problem. Seasonally adjusted, 48% reported job openings they could not fill in the

December 6, 2021

Employers

US Manufacturing Activity Expands in November, but Labor Remains a Challenge

Activity in the US manufacturing sector expanded in November, but labor remains a challenge, according to the Institute for Supply Management’s “Manufacturing ISM Report on Business,” released today. “The US manufacturing sector remains in a demand-driven, supply chain-constrained environment, with some indications of slight labor and supplier delivery improvement,” said Timothy Fiore, chair of the ISM’s manufacturing business survey committee. Meeting demand remains an issue

December 2, 2021

Strong Staffing Demand Continues in November

Staffing Index Over 100 for Ninth Consecutive Week ASA Staffing Index Monthly Report, November 2021 Staffing employment for the week of Nov. 8–14 grew 0.5% from the prior week, bringing the ASA Staffing Index to a rounded value of 108—a new record high. The index has now maintained a value of 100 or greater for the ninth consecutive week. Covid-19 and temporary-to-hire conversions were cited

December 1, 2021

US Jobless Claims Hit 52-year Low After Seasonal Adjustments

AP News (11/24/2021) Wiseman, Paul The latest data shows a significant decrease in Americans applying for unemployment benefits, dropping to the lowest level in over 50 years, signaling a strong rebound in the U.S. job market following the pandemic-induced recession. Jobless claims fell by 71,000 to 199,000, the lowest since November 1969, although seasonal adjustments played a role in this decline. The unadjusted figures showed

November 24, 2021

As Employers Struggle To Find Workers, Job Listings Paying Less Than $15 an Hour Are Starting To Disappear

MarketWatch (11/11/21) Buchwald, Elisabeth As a result of the tight labor market in the U.S., more employers are offering more than $15 an hour, according to the latest data from the job listing site Indeed.com. Since the depths of the pandemic, there has been a steady climb in the number of job postings across all wages levels on Indeed. But in recent weeks, job postings

November 12, 2021

A Record 4.4 Million People Quit in September As Great Resignation Shows No Signs of Stopping

Published Fri, Nov 12 2021 1:09 PM EST by Jennifer Liu A record-high 4.4 million people, or 3% of workers, quit their job in September, according to the Labor Department’s latest Job Openings and Labor Turnover Survey released Friday. The tight market, where workers have more leverage to move around and employers are doing everything they can to staff up, is already impacting the holiday shopping season, ZipRecruiter