Net technology employment grew by 3.2% nationally in 2022, with the number of people employed in tech increasing by an estimated net new 286,400 workers, according to an analysis by CompTIA, the nonprofit association for the information technology industry and workforce. All 50 states and the…
Free ASA Webinar Tomorrow—Improving Marketing Efficiency
Don’t miss tomorrow’s ASA webinar “Redefining Marketing: From Cost Center to Strategic Growth Driver,” 2–3 p.m. Eastern time. The marketing department doesnβt need to be a cost center. Find out how to put marketing is at the center of revenue generation, and make it a major contributor to broader business strategies, from presenters Leslie Vickrey…
The Fed Sees a Recession This Year
In the U.S. Federal Reserve’s forecast for economic growth in 2023, the central bank downgraded its estimate of gross domestic product to 0.4% from 0.5%. When the Fed issued its 2023 forecast in December, most Wall Street economists expected GDP to be flat or even negative in the first quarter….
Kansas City Fed: Manufacturing Activity Stayed Flat
Manufacturing activity in the Plains states remained essentially flat for the third month in a row, and expectations for future activity increased slightly, according to the Federal Reserve Bank of Kansas City. The month-to-month composite index was 0 in March, unchanged from 0 in February, and up…
Utah Enacts Law Allowing Employers to Obtain Workplace Violence Protective Orders
House Bill 324, effective July 1, will amend Utah’s protective order statute to allow employers to petition for and obtain workplace violence protective orders against an individual who has engaged in or threatened potential workplace violence. To obtain a restraining order, the employer must…
Talent Shortages Are the New Normal
Employers are increasing technology budgets to improve hiring efficiency (30%) and placing a greater emphasis on internal mobility (50%), especially in sectors that experienced more hiring freezes or layoffs, according to a survey of more than 4,000 talent leaders by HireVue, a provider of video…
2023 Career Optimism Index Reveals How Employers Can Retain Talent in a ‘Free Agent’ Labor Market
Workers continue to face challenges, with 65% reporting living paycheck to paycheck, up from 56% last year, according to a survey of more than 5,000 U.S. adults by the University of Phoenix. Forty-seven percent are experiencing burnout at work and half of those individuals report that it has…
Efficiency and Time-to-Hire Top Priorities for 42% of Health Care Talent Leaders
Less than 50% of hiring goals were met by health care talent teams in 2022, according to a survey of 105 talent acquisition leaders in health care by GoodTime, a company that helps employers drive better results from their meetings. The top challenge last year was limitations of current hiring…
Job Search Platform Indeed to Slash 2,200 Jobs
Indeed says it intends to cut approximately 2,200 jobs, or 15% of its workforce. Chris Hyams, Indeed’s chief executive officer, said future job openings in general are at or below prepandemic levels and the company is too big. As part of the severance package, affected employees will receive a…
NLRB General Counsel Provides Clarification on Severance Agreement Nondisparagement and Confidentiality Provisions
U.S. National Labor Relations Board General Counsel Jennifer Abruzzo has issued a memo expressing her views regarding the practical impact of NLRB’s recent ruling in…
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