Articles by tag: labor market
In the June 2023 Market Snapshot, Kevin Roberts, Director of Industry Analytics at CarGurus, provides a comprehensive mid-year review and recap of the inventory and pricing trends observed in the last month. Despite initial recession fears, the US economy has significantly outperformed expectations, displaying a strong labor market and a noteworthy decline in inflation numbers […]
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Labor Demand: Layoffs were Common During the Pandemic, So Why are Small Businesses Struggling with Labor Supply Now?
Labor demand increased by 13% according to recent statistics and supply increased by 132 percent from 2019 to 2020. Furloughs and layoffs were abundant just over two years ago when the pandemic hit, and the statistics don’t lie. The Bureau of Labor Services found that between 2019 and 2020, labor demand decreased by 13 […]
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Top 3 Reasons Employers Should Invest in Continuing Education for Their Employees
Technology continues to change the skills needed by even the most highly qualified in the workforce. Now more than ever, education outside of the classroom is playing a role in the development of peoples’ careers. However, it is also critical for companies at the same time. While it is always important for employees to feel […]