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As the Labor Force Shrinks, Wages Increase

The labor force in the United States is the powerful motor that drives economic growth and makes it possible for companies in different industries to hire a wide range of talent and continue innovating. The U.S. labor force participation rate has been steadily falling for about 20 years and will probably result in some big […] Read Article “As the Labor Force Shrinks, Wages Increase”

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Staffing Trends within the Life Sciences Industry

Amidst the hectic environment of the pandemic, the life sciences industry has been challenged with many factors in hopes to eventually move forward into a post-pandemic world. Among these challenges, was the quick turnaround of developing, testing, and distributing the COVID-19 vaccine. Additionally, testing for viruses, in general, has been challenged to ensure accuracy and […] Read Article “Staffing Trends within the Life Sciences Industry”

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Staffing Trends within the Automotive Industry

As we investigate the future of the automotive industry, it’s clear with technology developing and changing, the industry will continue to evolve with this impact. With additions such as automation, electric vehicles and many other automotive-related updates, the industry will continue to adjust and adapt. Massive technology-driven disruption, intensified by COVID-19, has accelerated the pace […] Read Article “Staffing Trends within the Automotive Industry”

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Staffing Trends within the Healthcare Industry

The healthcare industry was one of the most impacted by COVID-19. While there have been both positive and negative impacts, let’s take a look at the most recent data and dive into this further. When we look at the most recent Jobs Report from the Bureau of Labor Statistics (BLS), it shows that in December […] Read Article “Staffing Trends within the Healthcare Industry”

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Preparing for the 2021 Tax Season

As we reflect on the rocky year that was 2020, many Americans were forced to file for unemployment due to the economic impact of COVID-19. With both small and large businesses having to temporarily and even permanently close their doors, many were greatly financially affected. As we head into tax return season, we know that […] Read Article “Preparing for the 2021 Tax Season”

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Upcoming Minimum Wage Changes and How They Could Impact Your Business

In 2019, the U.S. House of Representatives passed a bill called the “Raise the Minimum Wage Act”, which would lift federal minimum wage to $15 per hour by 2025. What would this mean for our economy? How are independent, publicly traded companies dealing with this? Let’s take a look.  Minimum Wage Plans  The federal minimum wage currently sits at $7.25 […] Read Article “Upcoming Minimum Wage Changes and How They Could Impact Your Business”