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New Jobs Worry: Workers Staying Put

Wall Street Journal (12/07/14) Lauren Weber

This year was the best for job creation since 1999, although U.S. workers remain wary about job hunting. The labor-market churn rate, defined as job turnover combined with layoffs and newly created positions, has not recovered from the recession and U.S. Federal Reserve officials see reason for concern. Job mobility is especially weak for those in personal care jobs and professions with older workforces, according to a new report from ASA corporate partner CareerBuilder and Economic Modeling Specialists International. This data suggest that the labor market has lost some of its dynamism and is less flexible.

The Conference Board Employment Trends Index Increased in November

Conference Board News Release (12/08/14)

The Conference Board Employment Trends Index rose in November to 123.24, from a downwardly revised 122.8 in October. This represents a 6.1% gain in the ETI compared with a year ago.

“The [ETI] increased for the 11th straight month in November, and recent solid improvements suggest that strong job growth is likely to continue into early next year,” says Gad Levanon, managing director of macroeconomic and labor market research at the Conference Board. “We will probably reach the natural rate of unemployment, 5.5%, within a few months, and these tighter labor market conditions should lead to acceleration in wage growth.”

Free ASA Webinar Tomorrow—Make Your Staffing Firm Stand Out

How does a new staffing firm stand out from the crowd? Find out the basics of starting and building a successful staffing firm during the ASA webinar “Secrets to a Successful Staffing Start-Up.” It takes place tomorrow, Dec. 9, 3–4 p.m. Eastern time.

All ASA webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.

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