June 23, 2022
“…Companies including Twitter Inc. , real-estate brokerage Redfin Corp. , and cryptocurrency exchange Coinbase Global Inc. have rescinded offers in recent weeks. Employers in other pockets of the economy are pulling away offers too, including some in insurance, retail marketing, consulting and recruiting services. At the same time,… Continue Reading…
May 4, 2022
“…Last month, the BLS reported that the US job market was plagued by a near record 11.27 million job openings. Then moments ago, the BLS published its latest, March JOLTS report according to which job openings just hit a new all time high 11.549… Continue Reading…
April 12, 2022
“Two of every five workers who switched jobs over the past year are looking for work again, according to a new survey published by Grant Thornton, a consulting firm. These workers will likely account for a good deal of churn… Continue Reading…
March 31, 2022
“In February, 4.4 million people quit their jobs, according to data from the Bureau of Labor Statistics, and a whopping 6.7 million people were hired into new roles. Workers, not employers, have the upper-hand right now, and many are taking advantage… Continue Reading…
March 21, 2022
“Just over half, 51% of Americans say they are likely to look for a new job in the next 12 months, according to a recent Bankrate survey of 2,449 adults. Post pandemic, among workers’ key priorities are higher pay (52%), flexible work hours (43%), and the ability… Continue Reading…
March 9, 2022
“…It turns out the “Great Resignation,” also known as the “Great Reshuffle,” has many Americans rethinking the type of work they are doing. Some 53% of employed U.S. adults who quit their job in 2021 changed their occupation or field… Continue Reading…
January 5, 2022
“…Private job growth totaled 807,000 for the month, well ahead of the Dow Jones estimate for 375,000 and the November gain of 505,000. The November total was revised lower from the initially reported 534,000. The total was the best for the… Continue Reading…
January 4, 2022
“A record 4.5 million Americans voluntarily left their jobs in November, according to the Bureau of Labor Statistics.This pushed the quits rate to 3%, matching the high from September.Workers particularly quit their jobs in the hospitality industry, which had by far… Continue Reading…
December 3, 2021
“ Nonfarm payrolls increased by 210,000 in November, following a gain of 546,000 the previous month. The number was well below Wall Street expectations of 573,000. Despite the big hiring miss, the unemployment rate fell to 4.2%, a 0.4% percentage… Continue Reading…
November 5, 2021
“The Labor Department’s Bureau of Labor Statistics announced on Friday that 100,450,000 people in this country were not in the labor force in October, up 38,000 from the 100,412,000 in September. This is the 14th straight month that this “not… Continue Reading…
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