LinkedIn revenue growth lower than expected in Q4, impacts to come from advertising and hiring slowdown
Interesting that LinkedIn posted revenue growth lower than expected. This despite a sizable increase in pricing earlier this year. I’m a dinosaur with a career that started with Sears in the early 70’s. In the late 70’s inflation was much worse that today so we rose prices on a weekly basis. As we reported financial […]
Recession might come as a shock to younger workers
BY MEGAN MCARDLE WASHINGTON — We are not yet to the point where a recession is unquestionably in the cards. Yes, gross domestic product shrank last quarter, retail inventories are rising, stocks are in bear territory and the housing market has had a whopping shock. But Friday’s jobs report showed the economy adding 372,000 jobs […]
Maine Voices: Welcoming new Mainers will address our labor shortage – Portland Press Herald %
The author of this article is right on regarding one solution to our nation’s staffing issues. The government needs to get out of the way of private industry. I’m a co-founder of Luke’s Lobster. Maine’s leaders at every level of government – local, state, and federal – need to act to address our dire labor […]
U.S. March Jobs Report Shows Strong Hiring Momentum – WSJ
From the Wall Street Journal. The U.S. labor market strengthened last month as the pandemic’s grip receded and more workers jumped back into the labor force. Payrolls, change since January 2020Source: Labor Department Note: Seasonally adjusted March: +431,000 jobs2020’21’22-25-20-15-10-505million Employers added 431,000 jobs in March, as restaurants, manufacturers and retailers snatched up workers, and hiring in […]
Jobless claims at lowest level since 1969
Recruiters are needed now more than ever. US initial jobless claims fell last week to their lowest level since September 1969, according to seasonally adjusted data released today by the US Department of Labor. Initial jobless claims dropped by 28,000 in the week ended March 19 compared to the previous week’s revised number to a […]
Where Have All the Workers Gone? – American Staffing Association
As members of the American Staffing Association we receive access to many reports about our workforce. Given this demand for workers in virtually every sector I found this article very helpful With only six out of 10 individuals in the U.S. participating in the workforce, the unemployment rate near a 50-year low, and the gap […]
The Economy — and Inflation — Will Continue to Run Hot | NomicsNotes from NumberNomics
Source: The Economy — and Inflation — Will Continue to Run Hot | NomicsNotes from NumberNomics March 11, 2015 All eyes this week will be on the outcome of the Fed’s Open Market Committee meeting. The Fed will likely boost the funds rate from 0.0% to 0.25%. That is the initial step of a much […]
New offices for the hybrid era? Many companies are on board | AP News
New offices for the hybrid era? Many companies are on board | AP News I came across this article about getting employees back into the office. Here’s a snippet. The balance can be found by clicking the link above. OMAHA, Neb. (AP) — If you build a shiny new office building, will your employees show […]
Recruit the Appropriate Applicants for IT Positions: What to Look For
During the onset of the pandemic, companies slowed down hiring and even let go of some of their employees. But now that things are slowly going back to normal, hiring has been going up again. One of the industries hiring again is the Information Technology industry. If you’re at an IT company and in charge […]
Elevated pay rates, more perks for workers due to labor shortages: Beige Book
Employment continued to rise overall from early July through August. However, the pace of job creation ranged from slight to strong, according to the Federal Reserve Beige Book report released Wednesday. Demand for workers continued to strengthen, but extensive labor shortages constrained employment and, in many cases, impeded business activity. With persistent and extensive labor […]