Articles by tag: labor

Key Points: Consumers are going to see many more price increases by other producers as long as supply chain issues continue. Companies are trying to to figure out if these issues are temporary or if they’re the new normal. The biggest problem in the supply chain process is tension between companies hesitant to adapt…

Key Points: Labor and building materials are in short supply at construction sites across the country. The lingering shortage of skilled workers has worsened, leaving builders to add high labor costs. Scott Roudebush provides insights on inflation in the construction industry. Commentary: It’s no secret that rising costs and shortages of building materials, as…

Even though recent reports from the Bureau of Labor Statistics point to rising rates in workers going back to their jobs, influenced in part by the end of COVID unemployment benefits, payroll tallies still don’t come close to before March 2020 and prior; 5.3 million short, to be precise. This general strike, in everything…

COVID’s economic and material disruptions gave many workers, across the blue- and white-collar spectrum, the tools to better analyze what they don’t like about their work lives. Inefficiencies of in-office work settings, dissatisfaction around low wages and unsafe work conditions, and insufficient medical benefits were laid bare. And workers responded, in many sectors, by withholding…

For the third week in a row, initial jobless claims declined as the United States’ labor market continues to recover from the 2020 recession. On August 12, the Labor Department said that new claims for jobless benefits came down to 375,000 last week. CNBC reports that there were also a record high number of open…

Highmark Health’s Mike Tracy joins host Sergio Reyes to help listeners navigate an ever-more-complex labor landscape.   Staffing and recruiting are difficult enough, particularly when there’s more competition than ever before standing between your organization and finding and retaining top talent. Add in more dynamic operations in the face of a changing labor landscape, hybrid…

As Washington looks to pass a new infrastructure bill to fund a variety of projects, it will certainly impact many industries. The bill seems to be on the move, but where do things stand? Breaking all of this down, Connections host Tyler Kern welcomed two guests – Kip Eideberg, Senior Vice President, Government & Industry…

Historically, there’s been a careful balance between automation and human labor in the workforce. Automation has the potential to vault productivity forward, but it also has the potential to eliminate jobs. With packaging automation, companies have to walk a very delicate line in bringing new automation to eliminate the truly demanding jobs. On this episode…

The COVID-19 pandemic has had a devastating effect on the nation’s economy, with 13.6 million Americans out of work in August 2020. According to McKinsey, even before the current crisis, evolving technologies and new ways of working were disrupting jobs and the skills employees needed to do them. This shift, coupled with a dramatic split in college attendance between higher and…