Posts Tagged Recovery
One of our employees, who has been a steady, solid performer the last two years, suddenly erupted in anger at one of our clients during a company event. Granted, the client is difficult and the event had all of us stressed out, but that’s no excuse to lose one’s temper and get into a shouting match. We immediately suspended him without pay.
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.
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:
Updated daily, the HR News home page is your one-stop shop for the latest news and featured articles. This page compiles top staff-written and external news of general interest to HR, plus major stories in the HR Disciplines.
Quits Rate Continues to Rise, Signaling Worker Confidence
By Roy Maurer 3/11/2015
SHRM CEO, Hank Jackson
In September roughly four in 10 manufacturers and service-sector companies will hire, according to the latest results of the Society for Human Resource Management’s (SHRM) Leading Indicators of National Employment (LINE) survey, released Sept. 5, 2013.
The below chart (or a version of it) has been making the rounds plenty in the last year or so as the American economy rebounds and seemingly continues to strengthen coming out of the financial crisis and ensuing recession of the late aughts.
It shows how despite corporate profits, expressed as a percentage of GDP, continuing to set records, that those record profits have not (taken in aggregate), translated into lots of new jobs, as the labor participation rate shows.
Don't underestimate the importance of job advancement for keeping talent.
Employers in the U.S. are facing a "talent paradox." Despite relatively high unemployment, many companies are confronting shortages in areas where they most need to attract and retain experienced workers. As the economy recovers, employers increasingly should be concerned about losing critical and high-potential talent, according to a presentation at the 2013 WorldatWork Total Rewards conference, held here April 29-May 1.
Millions of goods-producing jobs have been eliminated in the past 20 years, and although the manufacturing industry has bounced back in recent months, the most consistent growth in the labor market has been tied to the service sector for the past several quarters.
Hiring optimism for the second quarter of 2013 prevails in two recently released employment forecasts.
Fewer U.S. employees took hardship distributions and loans from their 401(k) plans in 2012 compared with 2008—a sign of economic improvement—according to a study by WorldatWork, an association of total rewards professionals, and the American Benefits Institute, the research and education affiliate of the American Benefits Council, which represents major U.S. employers.
Savvy recruiters know that even in periods of elevated unemployment, there are no guarantees that they’ll land the perfect candidate for their open positions. In fact, many would argue that they have to work even harder to land top talent when faced with soft labor market conditions and the disparities between the workforce skills that are available and the skills that are needed to fill available jobs.
I'd like to call your attention to what is essentially more wood for the fire of the seemingly endless 'Skills gap' debate - a summary of some recent research by two Northeastern University academics, William Dickens and Rand Ghayad, titled 'It's not a skills mismatch: Disaggregate evidence on the US-unemployment-vacancy relationship' posted this past weekend on the Vox site.
It’s a brand new year, a time where many people attack their New Year’s resolutions with excitement and resolve. If you were one of the many people whose resolution involves finding a new job or making career change, you may be wondering where to start. Here are nine steps you can take today to position yourself well to find your next gig.
On Jan. 1, 2013, Congress passed the American Taxpayer Relief Act of 2012 (H.R. 8), preventing the U.S. from going over the impending “fiscal cliff,” and President Barack Obama signed the bill into law the following day.
Budget cuts, salary freezes and criticism of government jobs have had a negative impact on the attitudes and engagement of federal employees, according to a survey conducted by the U.S. Office of Personnel Management (OPM).
The results of the 2012 Federal Viewpoint Survey released Nov. 22, 2012, revealed that the overall job satisfaction level for the federal workforce declined sharply from 2011, falling to its lowest level since OPM launched the annual study in 2002.