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BLS Employment Situation Report: December 2020

BLS Employment Situation - December 2020

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, […]

Global Talent Update – December 2020

Global Talent Update

“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. […]

BLS Employment Situation Report: November 2020

Illuminated modern office buildings

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. […]

Global Talent Update – November 2020

Wide angle view up towards the sky in the financial district of London

“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 […]

BLS Employment Situation Report: October 2020

Businessmen shaking hands inside a tower

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, […]

BLS Employment Situation Report: September 2020

Group of businesspeople meeting in the office late at night

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 […]

Global Talent Update – September 2020

“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 […]

BLS Employment Situation Report: August 2020

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 […]