U.S. employers added far fewer jobs than originally reported in the year through March, the U.S. Department of Labor said on Wednesday. The department’s estimate for total payroll employment for the period from April 2023 to March 2024 was lowered by 818,000. The revision represented a total…
Fed Steaming Toward September Rate Cut, Minutes From Meeting Show
The U.S. Federal Reserve appears to be on track for an interest rate cut in September after a “vast majority” of officials said such an action was likely, according to the minutes of the U.S. central bank’s July 30-31 meeting. The minutes, which were released on Wednesday, even showed some…
Banks Obtained Crucial Jobs Data While Report Was Delayed
At least three banks managed to obtain key payroll numbers Wednesday while the rest of Wall Street was kept waiting for a half-hour by a government delay. After the U.S. Bureau of Labor Statistics failed to post its revisions to the monthly payroll figures at 10 a.m. New York time, Mizuho…
Catch Up on Legal Issues Affecting the Staffing Industry—Read Staffing Law Digest
ASA members can now access the latest issue of Staffing Law digest as a digital edition. The print version of the issue will arrive in member mailboxes soon. This issue includes articles about the new ASA Guide to Grassroots Advocacy, the U.S. Equal Employment Opportunity Commission’s guidance on harassment in the workplace, and the withdrawal…
The Staffing Celebration Happens Next Month
National Staffing Employee Week is only a couple of weeks away. The annual celebration that honors individuals employed by U.S. staffing agencies will take place Sept. 9–15. During National Staffing Employee Week, local associations and industry partners organize events and activities aimed at honoring and recognizing the contributions and achievements of temporary and contract employees…
Just Announced—Come to Staffing World to Hear Author and Business Consultant Debbie Peterson
Are you ready to create your best future alongside the industry’s brightest leaders? Staffing World® 2024, the ASA annual convention and expo, brings together people from all experience levels and segments of the staffing industry for unprecedented learning, networking, and collective advancement. This year’s event, Oct. 22–24 in Nashville, TN, will feature highly sought-after speaker,…
Most Workers Make About the Same as Before the Pandemic
The typical U.S. worker’s pay is about the same as it was in late 2019, after accounting for inflation, according to an analysis of data from the U.S. Bureau of Labor Statistics by Stateline, which is part of States Newsroom, a nonprofit news network. But workers in some states have seen sharply…
Labor Supply of Newly Immigrated Workers
Immigrants work less intensively than native workers immediately following their arrival, according to an analysis of data from the U.S. Census Bureau’s American Community Survey by the Federal Reserve Bank of Atlanta. They exhibit lower labor force participation rates, employment rates, number of…
Federal Judge in Texas Blocks FTC’s Noncompete Rule
The U.S. District Court for the Northern District of Texas issued an order on Aug. 20 that blocks a U.S. Federal Trade Commission rule that would ban employee noncompete agreements. The nationwide injunction follows the court’s previous decision that the rule was unlawful because it exceeded FTC’s…
Latest Updates to Illinois Personnel Records Review Act
Employers should be aware of new obligations under HB 3763, which amends the Illinois Personnel Records Review Act. Effective Jan. 1, 2025, HB 3763 clarifies that all records requests made by employees must be in writing, which includes electronic communications, and sets forth various…
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