Archive for Work
The December jobs report was truly awesome. Will we see strong growth in January? One hint comes from The Conference Board Employment Trends Index (ETI), which increased in December following a minor decline in November. “The Employment Trends Index rose sharply in December, reversing the declines in recent months, suggesting that employment will continue to […]
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One of the big reasons U.S. economic growth has been sluggish is that labor productivity growth flat lined in the 2000s. This put an end to the robust overall growth the economy experienced in the 1980s and 1990s. Recently, however, that trend has turned around a bit. Productivity growth has picked up. According to the […]
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Wage growth has finally picked up a bit the U.S. But are our earnings growing fast enough to stay ahead of inflation? For the answer we need to look at “real” (inflation-adjusted) earnings. Real average hourly earnings for all employees increased 0.3 percent from October to November, the U.S. Bureau of Labor Statistics reports. This […]
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The performance review is getting a makeover, suggests new research from staffing firm OfficeTeam. More than half of companies (51 percent) have updated their performance appraisals in the past two years. Top changes include making the process shorter (39 percent) and increasing the frequency of feedback (36 percent). How often are organizations holding reviews? More […]
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The economy produced fewer jobs in November than experts were expecting. However, the unemployment rate remained unchanged, unemployment claims are down and wages are up. So, the overall picture remains bright. Total nonfarm payroll employment increased by 155,000 in November, and the unemployment rate remained unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics […]
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As we await the November jobs numbers from the government, it’s a good time to review the data from October. Unemployment rates were lower in October than a year earlier in 272 of the 388 metropolitan areas, higher in 95 areas, and unchanged in 21 areas, the U.S. Bureau of Labor Statistics reports. A total […]
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Among U.S. counties, Marin, California, had the largest over-the-year percentage increase in average weekly wages (11.7 percent), the U.S. Bureau of Labor Statistics reports. Within Marin, an average weekly wage gain of $439 (26.5 percent) over the year in professional and business services made the largest contribution to the county’s increase in average weekly wages. […]
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There were approximately 2.8 million nonfatal workplace injuries and illnesses reported by private industry employers in 2017, which occurred at a rate of 2.8 cases per 100 full-time equivalent (FTE) workers, the U.S. Bureau of Labor Statistics reports. Private industry employers reported nearly 45,800 fewer nonfatal injury and illness cases in 2017 compared to a […]
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Most professionals feel confident testing the employment waters, even from their current office, research suggests. In a survey from global staffing firm Accountemps, 78 percent of workers said they would feel at least somewhat comfortable looking for a new job while with their present company. More than six in 10 respondents (64 percent) indicated they’d […]
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One way of looking at rising wages is to directly examine wage data. However, we can also look at wages and benefits from the standpoint of what employers are shelling out to keep employees on the payroll. According to the U.S. Bureau of Labor Statistics, compensation costs for civilian workers increased 0.8 percent, seasonally adjusted, […]
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