Total nonfarm payroll employment in December declined by 140,000 in December, well below the consensus forecast of a job gain of 45,000. Unemployment rate remained unchanged at 6.7 percent or 10.7 million unemployed persons. The Bureau of Labor Statistics (BLS) noted in today’s release that both unemployment measures are much lower than their April highs, […]
Category Archives: World of Work
Posts
21
Dec
Dec
“If they want to thrive in the new World of Work, resilient organizations will put a priority on identifying, attracting, and engaging people with the right skills and experience to achieve their goals. Their workforces will embrace many types of workers — permanent, interim, in-person, remote — and will engage partners anywhere in the world. […]
10
Dec
Dec
The new World of Work has compelled companies to take a fresh look at the way they do just about everything. And in the course of making necessary adjustments, they’ve come away with insights that will prevail well after the crisis has passed. From how they schedule meetings and manage teams to how they fill […]
04
Dec
Dec
The U.S. economy added 245,000 non-farm jobs in November, below the 410,000-job growth forecast by economists. The unemployment rate edged down to 6.7 percent. While November is the seventh consecutive month of both job growth and unemployment rate improvement, the pace of that improvement has moderated reflecting the ongoing coronavirus and efforts to contain it. […]
19
Nov
Nov
“The new World of Work swept in sooner than expected, accelerated by COVID-19, creating an urgent need for resilient mindsets and innovative rethinking of strategies. The most impactful recovery plans will not just successfully return organizations to business as usual. Effective plans will ensure teams are safe, provide consistent communication, and clarify business focus, and […]
06
Nov
Nov
The U.S. economy added 638,000 non-farm jobs in October, above the 530,000-job growth expected by economists. The unemployment rate declined to 6.6 percent. October is the sixth consecutive month of both job growth and unemployment rate improvement. The Bureau of Labor Statistics (BLS) reported notable job gains in leisure and hospitality, professional and business services, […]
27
Oct
Oct
“Business leaders today have the opportunity to design the future of work by building on the lessons and practices they were forced to adopt during the crisis. They have formidable challenges in front of them as they stage the return to work, but they are also in a position to capitalize on all that they […]
02
Oct
Oct
The U.S. economy added 661,000 non-farm jobs in September, below the 800,000 job growth expected by economists surveyed by Dow Jones. While millions remain unemployed, September’s activity means that approximately 12 million jobs have been recovered since the mid-March economic shutdown that saw about 22 million layoffs. September marks the first month since April that […]
“This is a good time to recall the words of naturalist Charles Darwin that ‘it is not the strongest of the species that will survive, nor the most intelligent that survives. It is the one that is most adaptable to change.’ Today’s resilient leaders strive to navigate uncertainty, promote flexibility and shift organizational priorities in […]
Showing signs that the U.S. economy is settling in for a slow and steady recovery after a three month stretch of a rapid rebound, the U.S. economy added 1.4 million non-farm jobs in August and unemployment fell to 8.4 percent in U.S. Bureau of Labor Statistics (BLS) data reported today. The job growth slightly exceeded […]