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Topic - Employment




U.S. Employment Trends

U.S. Unemployment Rate Increases to 3.9%

Total nonfarm payroll employment rose by 275,000 in February, and the unemployment rate increased to 3.9 percent. Job gains occurred in health care, in government, in food services and drinking places, in social assistance, and in transportation and warehousing.



Remote Working

Hospitality at a Crossroads: Is a Remote Work Model Essential to Retain Talent? - By Court Williams

The COVID-19 pandemic accelerated hospitality's shift towards remote work, challenging the sector to adapt roles for remote environments, ranging from customer service to event planning. While remote work offers advantages for both employers and employees, it also presents multiple challenges for them. Companies must balance attracting younger talent with the limitations of remote work, identify roles suitable for remote settings, and invest in the infrastructure necessary to support this model.




U.S. Employment Trends

US Employment Trend Continues to Show Weakness; Expect Below Consensus NFP of 172,000 for November 2023

The number of job openings in the US for October 2023 decreased to 8.7 million, according to the latest Job Openings and Labor Turnover Survey (JOLTS). This is well below the consensus expectation of 9.3 million and previous months reading of 9.3 million. The current data marks a notable drop to levels not seen in over two and a half years, potentially signaling a cooling in the labor market following the unexpected positive trends in recent months, says GlobalData.


Flexible Hiring

Flexible Hiring in 2024 and Beyond - By Chris Sanderson

What of flexible hiring when the tinsel is swept up, the fairly lights packed away and the mulled wine a distant memory? Just a December necessity or something every employer should look at all year round?