Tag Archives: Employment Trends

BLS Employment Situation Report: November 2020

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. […]

BLS Employment Situation Report: October 2020

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, […]

Workplace Trends That Will Continue for Years to Come

Disruptions to the World of Work were underway long before the pandemic accelerated the velocity of change. The vast majority of companies are now navigating different ways of approaching how they structure their workplace and workforce in this challenging environment. This journey is driven by two fundamental forces. First is the opportunity to adjust the […]

BLS Employment Situation Report: September 2020

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 […]

The Changing World of Work – Learning from the Past

The last 24 months have turned the world of work on its axis as advances in technology empower both top employees and savvy employers to harness the proliferation of social platforms to develop attractive and compelling “brands.” Toss in the impact of COVID-19 on the employment market over the past five months and we have […]

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 […]

New Programs are Popping Up That Invite Workers to Settle Abroad and Work Remotely

A handful of small territories and nations around the globe, after successfully managing the first wave of coronavirus, are now launching year-long remote worker visas in hopes of cushioning battered economies with an influx of monied foreigners, according to the BBC. These new visa schemes posit a version 2.0 of the “digital nomad” lifestyle – […]

Euro Zone Economic Outlook Steady but Job Recovery at High Risk: Reuters Poll

A full bounceback from the euro zone’s deepest recession on record will take two years or more, according to a Reuters poll of economists who also said there is a high risk the job recovery underway reverses by the end of 2020. Europe was badly hit earlier this year by the coronavirus pandemic, but stringent […]

BLS Employment Situation Report: July 2020

Despite recent COVID-19 spikes the U.S. economy added 1.8 million jobs and unemployment fell to 10.2 percent providing support to the optimism reflected in the continued financial market rally. Economist forecasts had anticipated a weaker rebound with an addition of about 1.4 million jobs. Instead the U.S. Bureau of Labor Statistics (BLS) reported stronger recovery […]