For the 35th consecutive month, private sector employment upturned within the United States in January, according to the BLS’ most recent jobs report. The report found that 166,000 private sector jobs were added to the national economy, as the total number of employed Americans rose to 143.3 million.
Two days prior to the release of the BLS’ “The Employment Situation – January 2013” report, the Bureau of Economic Analysis published its latest “advance” estimate regarding Q4 2012 GDP. The estimate’s findings shocked many financial experts. Despite a rise in personal consumption expenditures and business investment, real GDP declined by 0.1 percent last quarter, […] Read Article “Will government spending cuts be enforced in March?”
Almost all companies go through periods of downsizing. It’s never anyone’s first choice, but companies will inevitably shed jobs in an unsteady economy. How a company handles this unfortunate business can make or break their credibility in the eyes of their employees. Any downsizing, whether it’s a necessity brought about by economic stress or just […] Read Article “More than Treading Water: How HR Departments Play A Crucial Role in Struggling Companies”
A new year is upon us. For many, that means a raft of resolutions, both professional and personal. Recently, Adecco conducted a survey of American professionals from a broad range of demographics, wage brackets, and career levels. Adecco posed questions about career and personal goals, work/life balance, and even the actual likelihood of keeping New […] Read Article “American’s New Year’s Resolutions Indicate an Optimistic Outlook”
A new year has dawned and with it, endless possibilities have arisen concerning Asia Pacific’s economic forecast. Will regional inflation decline at a steady pace this year? Is there any signification that consumer confidence will improve during the first quarter? Are producer prices higher or lower now than they were in recent months? Has regional […] Read Article “Regional Consumer and Producer Prices Upsurge”
There is no question that most EMEA nations faced countless challenges last year, as regional economic recovery continued. From depreciating currencies to double-dip recessions, the road towards recovery remains a test for most, if not all, of the region’s countries. But, are there any signs that progress will occur in early 2013? Will business and […] Read Article “EMEA’s Business and Consumer Confidence Remains Low”
Consistent. Robust. Encouraging. Such words have often been used to describe the United States’ recent job growth trends. After all, from July to November, 161,800 jobs were added to the national economy per month, on average. Even Superstorm Sandy did not damper the nation’s steady rise in employment, as 161,000 new jobs were generated in […] Read Article “December’s Jobs Report Matched conomists’ projections”
On January 8th, the BLS released its first “Metropolitan Area Employment and Unemployment” report of 2013, revealing that regional unemployment continued to decline last November. According to the BLS, 322 of the nation’s 372 metro areas reported a lower jobless rate in November 2012 than November 2011, as only four areas recorded an unemployment rate […] Read Article “Regional Unemployment Continues to Drop”
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?”