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Employers

North Carolina Led the Other States in Hourly Wage Growth

Average Hourly Earnings Reach $30.21 for Workers at Small Businesses: Paychex Staffing Industry Analysts (06/01/22) Wages rose for the 12th consecutive month for small-business workers in the US, according to the Small Business Employment Watch report released by Paychex. Average hourly earnings rose 5.19% to $30.31 year over year. Meanwhile, following a nearly eight-year high in April, small-business job growth was down in May, according

June 1, 2022

Employers

Labor Costs Surge in First Quarter, Fueling Inflation

Staffing Industry Analysts (05/09/22) The US staffing industry is projected to reach a record $185.5 billion in revenue this year, according to the new “US Staffing Industry Forecast” report released by Staffing Industry Analysts. That will eclipse the pre-pandemic market size of $152.8 billion in 2019. “Growth in the US staffing industry is currently being driven by a strong US economy, strong consumer and corporate

May 9, 2022

Employers

Labor Costs Surge in First Quarter, Fueling Inflation

Reuters (04/29/22) Mutikani, Lucia U.S. labor costs surged by the most in 21 years in the first quarter, according to the U.S. Department of Labor. The employment cost index jumped 1.4% last quarter after advancing 1.0% in the October-December period. Economists polled by Reuters had forecast the index climbing 1.1% in the first quarter. Last quarter’s increase was the largest since the current series started

April 29, 2022

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North Carolina Led the Other States in Hourly Wage Growth

Labor Costs Surge in First Quarter, Fueling Inflation

Labor Costs Surge in First Quarter, Fueling Inflation

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