Articles by tag: unemployment
The number of job opportunities in construction are rising steadily. In what is being seen as a monthly trend, 25,000 new jobs were added in January 2023 alone. This data, released by the Bureau of Labor Statistics, also showed that total employment in this industry rose by nearly 300,000 between January 2022 and January […]
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DisruptED
Building the Whole Person Project to Address Chronic Underemployment
The world of workforce has moved the needle to really adapt the system for current needs, but with continued chronic underemployment, a whole-person approach is not currently standard in the system for workforce development. Why should it be? In part 1 of this 2-part episode, DisruptED, host Ron J. Stefanski speaks with off-the-charts GSD […]
Business Services
US Economy Adds 943,000 Jobs in July, Far Exceeding Expectations
The Bureau of Labor Statistics released the encouraging data on Aug. 6. Economists had predicted an addition of 870,000 jobs in July. Data for June was also updated and showed gains with 938,000 jobs added in that month. Economists seem optimistic about the U.S. economy’s recovery. “I have yet to find a blemish in this […]
B2B in the News
Hiring Picks Up the Pace Despite Lingering COVID Concerns
Even with parts of the country being hit hard by a wave of the Delta variant of COVID-19, the outlook for the jobs market appears to be on an upward swing. In July, nonfarm payrolls skyrocketed, increasing by more than 940,000 as the unemployment rate dipped to just under 5.5%, according to a recent report […]
Business Services
Employers Post Record Job Openings, But Where are All the Workers?
After a meager April jobs report showed companies are struggling to entice workers and find the right talent, even with a relatively high unemployment rate of 6.1%, industries are looking for something to be bullish about. That may just come from the same report, according to the US Labor Department, which found employers set […]
Business Services
Thanksgiving Sees Drop in Jobless Claims, But Layoffs Continue
There’s more behind the latest dip in jobless claims than meets the eye. Three factors contribute to the reported numbers: Thanksgiving, seasonal hiring, and inconsistent state reporting. Over the Thanksgiving holiday, those that recently lost their jobs likely held off filing for unemployment until the following week. Seasonal holiday jobs are also inflating the hiring […]
Business Casual
Jobs Are Out There But Hiring Data Remains Muddy: Business Casual
The Trump Administration and ADP (Automatic Data Processing Inc.) have varying figures on the Summer’s hiring data, but one thing is for certain: hiring slowed in July, reported the Washington Post. The slowdown coincides with the coronavirus re-gaining momentum, and the disappointing numbers also come at a pivotal moment as Congress deliberates over a […]