inflation Archives • Graham Personnel Services

Employers

CFOs See Higher Costs and Lack of Skilled Labor; Reduce Outlook for Growth

Federal Reserve Bank of Richmond (09/28/22) Financial decision-makers lowered their expectations for real growth in gross domestic product during the third quarter amid concerns over inflation and trouble finding skilled labor, according to a survey of chief financial officers by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta. CFOs said their optimism about the overall economy rose modestly

September 28, 2022

Employers

Lack of US Workers Is ‘Bigger Threat’ Than Inflation

By Akayla Gardner Bloomberg.com (09/06/22) Labor Secretary Marty Walsh said the US will eventually need to overhaul the nation’s immigration system, calling the lack of available workers to fill jobs a “bigger threat” to the economy than inflation. “We don’t have enough workers in the United States of America to fill all the job openings that are out there,” Walsh said Tuesday in an interview

September 6, 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

Tag: inflation

CFOs See Higher Costs and Lack of Skilled Labor; Reduce Outlook for Growth

Lack of US Workers Is ‘Bigger Threat’ Than Inflation

Labor Costs Surge in First Quarter, Fueling Inflation

Labor Costs Surge in First Quarter, Fueling Inflation

Categories

Recent Posts