Posts Tagged Economy
Metro of the Month: Houston
The recent decline in oil prices has slowed growth in the energy-heavy Houston region, but unemployment in the area remains low as other industries have expanded.
The U.S. labor market has continued to add jobs this year, and in recent months the unemployment rate has fallen to levels not seen since 2008. And yet, there is plenty of evidence that hiring could be even stronger: Job openings in our country’s labor force remain at near-record levels, and many HR professionals have cited challenges with finding qualified applicants for their vacancies.
The Atlanta region has quickly built a reputation as a hub for the tech sector, and that industry is among the leaders for economic growth at the moment, along with biosciences and advanced manufacturing.
Mixed Hiring Results Expected in November Compared With a Year Ago
In November, a net of roughly two-fifths of manufacturers and service-sector companies will add jobs during the month, according to the Society for Human Resource Management’s (SHRM) Leading Indicators of National Employment (LINE) survey for November 2015.
How Technology & a Reimagined Recruiting Process Can Make it a Reality
Millennials Delay Cutting Apron Strings after Recession
Continued job growth in the health care, manufacturing and biosciences industries has helped to keep the unemployment rate low in the Minneapolis/St. Paul region. State and local officials, however, have rolled out several grant programs to get even more people back to work.
Recruiting Difficulty Continues at Record Levels for HR Professionals
In September, hiring rates will be mixed as HR professionals continue to struggle with recruiting candidates for key positions, according to the Society for Human Resource Management’s (SHRM) Leading Indicators of National Employment (LINE) survey for September 2015.
However, middle-wage jobs remain below pre-recession levels
The labor market’s ongoing recovery—often described as steady, if unspectacular—still has its share of skeptics who contend that too many of the new jobs fall into the low-paying, low-skill category. But several recent reports provide some evidence that the job market is getting much healthier overall.
The Philadelphia area’s economy has long relied on its sizable health care and higher education sectors. Much of its future success, however, may depend on easier access to jobs in manufacturing, retail and other industries that are expanding in the region.
A series of corporate relocations, steady growth in real estate development and a jobless rate that is consistently below the national average have all made the Dallas region’s economy a top performer among major metro areas in the United States.
Hiring conditions are perhaps in their strongest stretch since the Great Recession ended six years ago. Job openings have reached a level not seen in nearly 15 years, and more workers are quitting their current positions in search of something better, thus creating churn and opportunities for other job seekers.
On July 8, @SHRMnextchat chatted with John Dooney (@SHRMAnalytics) about "HR's Roller Coaster Ride From the Great Recession."
In case you missed it, here are all the great tweets from the chat:
To read the June 2015 SHRM Leading Indicators of National Employment Report, please click here.
Millions of professionals flock to Las Vegas each year for meetings and conventions, and the Society for Human Resource Management is once again part of that group in 2015. Corporate gatherings are big business in Las Vegas, where tourism and related travel activity represent the heart of the metro region’s economy.
High-tech entrepreneurship, the health care industry and a resurgent manufacturing sector are just a few of the important elements of the Chicago region’s economy.
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Quits Rate Continues to Rise, Signaling Worker Confidence
By Roy Maurer 3/11/2015