Staffing One, Inc.’s Post

Staffing companies and HR departments will tell you that finding qualified candidates is as hard as it has ever been. This months report confirms that unemployment continues at historic lows but also has positive news for hiring. https://lnkd.in/g5r5KZsn #jobs #JobsReport #economy

Initial jobless claims dropped by 20K for the week ending September 16 according to the U.S. Department of Labor. "Applications for US unemployment benefits fell to the lowest level since January last week, indicating a healthy labor market that continues to support the economy." This means the labor market remains difficult for you and your hiring. But what if you had access to thousands of pre-screened candidates to interview and hire, and can take advantage of funded programs to lower your hiring and training costs? Discover how E&ES can help you - https://lnkd.in/g44szbsM https://lnkd.in/g5EwtCVG #hiring #HR #employment #jobs

Indeed's 2024 US Jobs & Hiring Trends Report explores key aspects of the US labor market. Follow the link to learn more about these trends: 1. Labor Market Tightness 2. Workforce Participation 3. Wage Growth https://lnkd.in/gat-jjvt

News related to the U.S. labor market. New jobless claims have reached a three-week low, dropping to 230,000, according to a recent report by the U.S. Department of Labor. This decline in first-time applications for unemployment benefits is a promising sign, indicating that there is still no sign of rising layoffs. The figure represents a decrease of 10,000 claims from the previous week, underscoring the continued resilience of the U.S. labor market. This positive trend suggests that the demand for workers remains healthy, showcasing the strength of the American economy, even amid inflation and recessionary fears. As businesses navigate the ongoing challenges, it is encouraging to see these promising indicators. It highlights the efforts made by companies to retain their workforce and adapt to the changing landscape. It also should serve as a reminder that firms must continue to invest in talent attraction strategies including building their employment brands, creating positive candidate experiences, and leveraging technology to improve recruiting efficiency. #JoblessClaims #LaborMarket #EconomicRecovery Read more: https://lnkd.in/dj25jn87

People receiving unemployment benefits jumped to highest level in two years. Higher levels an indication of job searches becoming longer and more difficult as the #labormarket begins to slow.  Will learn more about state of the job market this week with government reports on job openings, #hiring, and the unemployment rate.   #economy #employment #humanresources #jobs #layoffs #outplacement #hr

Balanced overview of the current state of the labor market. Although we have seen some cooling, the market remains tight in areas with labor shortages. Competition for highly specialized talent has driven salary up in these key roles. Job postings are down but still above pre-pandemic levels. Decrease in postings is driven mainly by reduced attrition and companies electing to not backfill roles. https://lnkd.in/gqmWJGdN

According to the latest JOLTS report: The number of job openings has fallen, but remain at historically healthy levels. On Wednesday, the government reported that America’s employers posted 8.8 million job openings in November, down slightly from October and the fewest since March 2021. However, demand for workers remains strong by historical standards. https://lnkd.in/g3ESwk2E

On Friday, the U.S. Department of Labor released its monthly employment report for May, and the headline numbers seemed impressive — 272,000 jobs added. But while CNN celebrated a “blockbuster report” that “far outpaced economists’ expectations for 180,000 jobs and an unemployment rate of 3.9%,” a deeper dive into the data reveals a much darker picture. First, nearly one-sixth of the hiring came from the government sector, with 43,000 jobs added last month, which is consistent with the average monthly job gains of 52,000 in the government sector over the previous 12 months.

Good news! Hopefully it is a sign that we have dodged some of the economic headwinds. If you are one of the employers adding jobs and need a great staffing partner to help, Partners Personnel is here for you! We would love to show you why we were rated "Best in Staffing" by both our associates and our clients. #partnerspersonnel #staffingmadepersonal #jobs #staffing