In the digital age, semiconductor chips have been popping up all around us, from connected cars, to smart home lightbulbs, to robotic vacuum cleaners. In the past year, a perfect storm of factors – from COVID-induced disruptions to fragile supply chains, to geopolitical tensions – has sent demand for semiconductors surging far beyond current supply […] Read Article “How employers can navigate the semiconductor shortage”
All organizations have experienced the effects of a bad hire at some point, and managers likely know how disruptive and expensive it can be when the wrong candidate is chosen for a key position. In this blog post, we’ll walk you through actionable steps that will help you improve your recruitment process. Let’s get started! […] Read Article “How to Avoid a Bad Hire: Recruiting Tips To Transform Your Hiring Process”
If you look at the monthly data published by the Bureau of Labor Statistics, you might think that businesses have eager candidates lining up at the door to fill any job vacancy that becomes available. The reality for most companies is very different. Despite high unemployment rates, organizations all over the U.S. are struggling to […] Read Article “How a Lack of Workers is Causing Wage Inflation in a Time of High Unemployment”
It’s no secret that the COVID-19 pandemic and stimulus checks have transformed the job market for good. Remote hiring, a shrinking labor force, and a lack of candidates are just a few of the big changes that are affecting companies all over the US. You might be wondering how organizations are having a hard time […] Read Article “The Battle for Candidates: Why Employers Are Struggling to Hire Talent In 2021 – Part 1”
The legal cannabis market has experienced exponential growth over the last few years as state legislation has changed across the country – bringing equal parts opportunity and confusion for companies looking to expand with the industry. Plants aside, there are a number of specific growing pains providing headaches that human resource expertise could alleviate. As […] Read Article “A Look Ahead into the Cannabis Industry”
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”
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”
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”
As we reflect on the rocky year that was 2021, many Americans were struggling to find a balance with so much uncertainty. Both small and large businesses having to temporarily and even permanently close their doors, and many were greatly financially affected. As we head into tax return season, we know that taxes are likely […] Read Article “Preparing for the 2022 Tax Season”
The executive order is set to replace the CARES Act. You’ve probably seen the headlines—some covering the roadblocks this order could face—so we won’t spend too much time here. The most relevant point related to the labor market is this: The executive order does not include one-time stimulus checks for employed and unemployed individuals (they […] Read Article “What will President Trump’s executive order mean for recruiting and hiring?”