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…
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Leverage Data-Driven Tools and Local SEO for Maximum Search Engine Rankings
As businesses continue to navigate the digital landscape, data-driven tools are more crucial than ever for effective SEO strategies. Understanding and implementing the proper SEO practices can make a significant difference with evolving algorithms and competitive markets. Given that 75% of users never scroll past the first page of search results, this statistic underscores…
On-Device AI is Today’s Tech Innovation, Competition and Market Leadership Driver
On-device AI revolutionizes the tech landscape, making it a critical factor for industry dominance. This cutting-edge technology directly integrates advanced AI capabilities into devices, transforming consumer and enterprise applications. This shift stems from the need for improved performance, reduced latency, enhanced data privacy & security, and personalized user experiences. With advancements in neural processing…
The Role of AI in Modern Supply Chains: Insights from Aaron Hatfield at Arvist
Artificial intelligence rapidly transforms modern supply chains, with companies like Arvist leading the charge. In a recent episode of Hammer Down, hosted by Mike Bush, Aaron Hatfield, the Head of Sales at Arvist, sheds light on AI’s practical applications and benefits in enhancing supply chain operations. Is AI in the supply chain a double-edged…
Training New Semiconductor Manufacturing Professionals is Key to Meet Coming Domestic Manufacturing Demand
Over the past few years, the U.S. has made significant strides in semiconductor manufacturing, driven by substantial investments and strategic policies. With the CHIPS Act expected to triple domestic semiconductor manufacturing capacity by 2032, the need for a skilled workforce is more urgent than ever. This discussion explores the key question: What does the…
