Here are our top staffing industry news picks for the month of April
The U.S. Department of Labor has announced a proposed rule to revise and clarify the responsibilities of employers and joint employers to employees in joint employer arrangements. This proposal would ensure that employers and joint employers clearly understand their responsibilities to pay at least the federal minimum wage for all hours worked and overtime.
Surging labor costs and slower revenue growth likely will lead in to a decline in corporate profits in both the U.S. and other advanced economies, according to a study on labor market trends by the Conference Board. Companies in the U.S. that may experience the biggest losses are those employing many blue-collar workers, who now command higher pay due to their scarcity.
U.S. Citizenship and Immigration Services has launched an H-1B Employer Data Hub to provide information to the public on employers petitioning for H-1B workers. The data hub allows the public to search for H-1B petitioners by fiscal year (back to fiscal year 2009), North American Industry Classification System code, employer name, city, state, or ZIP code.
The first measure of the CNBC/SurveyMonkey Workplace Happiness Index is an optimistic 71 out of 100, according to a survey of 8,664 workers by CNBC and SurveyMonkey. Eighty-five percent of respondents say they are very or somewhat satisfied with their jobs. Despite the overall optimism, only 9% of workers gave top ratings across all five categories of the Workplace Happiness Index.
Construction, agricultural, and hotel and lodging companies need immigrants to fill out their employee rosters. The lack of immigrant talent has contributed to a dearth of talent and higher wages. The average wage of nonsupervisory workers in residential construction is up 6% from a year ago. Pay is rising even among those in less-skilled construction trades.