A few hot sectors are having serious trouble finding employees, according to an analysis of federal wage and employment data for hundreds of narrow industries by the Washington Post. Employment at sawmills only recently returned to its prepandemic level, despite weekly paychecks that have…
Construction Employment Lags as Firms Cope With Labor Shortages
Construction employment declined or stagnated in 101 metro areas between February 2020, the last month before the pandemic, and June 2021, according to an analysis of federal data by the Associated General Contractors of America. Association officials said that labor shortages and supply chain…
Fast-Food Worker Wages Rose 10% as Restaurants Struggle to Hire and Retain Workers
Restaurants are dealing with a labor shortage despite a 10% boost in hourly wages for limited-service workers year-to-year, according to a study by Black Box Intelligence and Snagajob. In the broader labor force, there was a 70% rise in job vacancies and a 10% drop in people seeking a job….
U.S. Department of Labor Announces Expanded Measures to Protect Workers From Extreme Heat
To combat the hazards associated with extreme heat exposure—both indoors and outdoors—the U.S. Department of Labor’s Occupational Safety and Health Administration is initiating enhanced measures to protect workers better in hot environments and reduce the dangers of exposure to ambient heat. OSHA…
Majority of Health Care Workers Are Experiencing Burnout
Health care workers are staying in their role because of salary and benefits (39%), loyalty to employer and co-workers (26%), and loyalty to their patients (23%), according to a survey of 987 medical employees by Software Advice, a provider of one-on-one help and personalized software…
What if the Optimal Workweek Is Two Days in the Office, Not Three?
About a dozen firms are paring down in-office schedules from three days a week to two, according to Nicholas Bloom, a Stanford University economist who studies remote work. Other firms are abandoning a full return to the office altogether. Many companies are reconsidering their return-to-work…
Consumer Prices Slow in April; Inflation Still High
Consumer price growth slowed sharply in April as gasoline prices eased from record highs, suggesting that inflation likely has peaked, though it could remain hot for a while. The consumer price index increased 0.3% last month, the smallest advance since last August, according to the U.S….
Job Openings Drop Below 11 Million for First Time Since Last Fall as Hiring Slows
Job openings declined to 10.7 million in June to mark the lowest level since last fall, signaling that the red-hot labor market is cooling off a little as the economy slows. Job openings dropped from 11.3 million in May and have declined for three consecutive months after peaking in the early…
Slowing Job Growth Good News for Those Concerned About Inflation
September marked the 21st straight month of job growth but it was the lowest monthly increase since April 2021, which is good news for those monitoring inflation. “America’s help wanted signs are still up and employers are still hiring, a good sign of continued confidence in fourth quarter demand…
2022 Q3 AI and Biometric Privacy Quarterly Review
Employers should be aware that the U.S. Equal Employment Opportunity Commission is paying close attention to the use of artificial intelligence in hiring and employment tools due to the potential for discrimination and bias. Companies that use such tools would be wise to modify or enhance their…
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