According to the BLS’ latest jobs report, more than 112 million Americans were employed within the private sector in December 2012, comprising nearly 84 percent of the nation’s working population. In fact, despite a steady decline in public sector employment in 2012, private sector hiring continued to augment in December, rising for the 34th consecutive […] Read Article “Employment Rose Within a Majority of Private Sectors”
As millions of Americans celebrated the dawn of 2013, the House of Representatives adjoined to vote on the Senate’s recently amended “American Taxpayer Relief Act of 2012,” a solution to the nation’s impending “fiscal cliff.” With a final tally of 257 votes in favor of the Act, the House agreed to approve the amendment on […] Read Article “Will the American Taxpayer Relief Act Impact You?”
A fiscal cliff agreement was finally approved late on New Year’s Day. Wealthy Americans will be hit hardest by the deal, due to a 4.6% increase on income taxes for those with incomes over $400,000 (single) or $450,000 (married). A new investment income tax of 3.8% will be levied to help fund Obama’s health care […] Read Article “How the Fiscal Cliff Agreement Affects You”
Pundits seem hesitant to acknowledge it, but the economy is getting better, if at a somewhat glacial pace. Unemployment figures have been trending downward for several months and job creation seems to be slowly on the march. While these figures paint a picture of an economy that’s taking its first tenuous steps toward recovery, they […] Read Article “What the Rise of the Temp Workforce Means for HR and Internal Recruiters”
There was a time — and not too long ago — when punching the clock literally meant punching the clock. Inserting a time card into a machine and getting it stamped was once the height of HR technology. The punch-clock, along with the steam whistle that signaled the end of a shift, reigned for decades […] Read Article “People and Technology: The Next Generation of HR”
Once again, economists waited for the BLS report to determine if the unemployment data for April would be similar to that of March or if it would increase back to numbers seen in early 2012.
According to the BLS’ most recently published “Metropolitan Area Employment and Unemployment” report, which was released on May 2nd, joblessness continued to decease within a majority of the United States’ metropolitan areas in March.
On May 4th, the BLS released its most recent “The Employment Situation” report, which revealed that, for the second consecutive month, private sector hiring was not nearly as extensive in April as it was in January and February.
During the last week of April, the U.S. Department of Commerce released its latest report concerning first quarter 2012 economic growth projections.
The April jobs report came out at the end of last week, disappointing some economists and businesses. But one month does not an employment situation make. If we look at a six-month rolling average for employment we can see that we are headed in the right direction. There will be no magical or overnight recovery […] Read Article “April 2012 Jobs Report Recap”