Category: Employers

Employers

Pay Rate, Location, Culture Among Top Reasons Temps Accept Assignments: SIA Report

Pay rate is the most important criteria temporary workers use to decide whether to take an offered assignment, according to a report by Staffing Industry Analysts. However, other factors also matter. “With the labor market as tight as it is right now, staffing firms will need to not just match candidate to assignment but sell the candidate on accepting the assignment,” said Jon Osborne, SIA’s

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Job Openings Rise to Record, Underscore Hiring Difficulties

Bloomberg (07/07/21) Pickert, Reade; Rockeman, Olivia The number of job openings climbed to 9.21 million in May from a downwardly revised 9.19 million in April, according to the U.S. Bureau of Labor Statistics. That is a new record high. The number of hires decreased to 5.93 million in May from 6.01 million, while the hires rate eased to 4.1%. The number of people who voluntarily

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Strong Business Activity Growth Rounds Off Best Quarter in PMI Survey History

IHS Markit News Release (07/06/21) June data indicated a further marked upturn in business activity across the U.S. service sector, supported by a substantial rise in client demand, according to IHS Markit. Business confidence in the outlook also improved to the second-highest in seven years. Rates of output and new order growth eased from May’s record highs, however, and capacity constraints meant backlogs of work

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Employers

Strong Job Growth, Tight Labor Market: The Conference Board

The historically fast job growth will continue, according to The Conference Board Employment Trends Index, but a tight labor market will also remain. “The very rapid improvement in the Employment Trends Index in June suggests that strong job growth will continue through the summer,” said Gad Levanon, head of The Conference Board Labor Markets Institute. The Conference Board Employment Trends Index rose to a reading

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Private Sector Employment Increased in June

ADP News Release (06/30/21) Private sector employment increased by 692,000 jobs from May to June, according to the ADP National Employment Report. “The labor market recovery remains robust, with June closing out a strong second quarter of jobs growth,” said Nela Richardson, chief economist, ADP. “While payrolls are still nearly seven million short of pre-Covid-19 levels, job gains have totaled about three million since the

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Employers

Private Sector Employment Increased in June

ADP News Release (06/30/21) Private sector employment increased by 692,000 jobs from May to June, according to the ADP National Employment Report. “The labor market recovery remains robust, with June closing out a strong second quarter of jobs growth,” said Nela Richardson, chief economist, ADP. “While payrolls are still nearly seven million short of pre-Covid-19 levels, job gains have totaled about three million since the

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