Here are our top staffing industry news picks for the month of august
Small businesses added 11,000 jobs this past month while midsize and large firms both added more. Midsize firms increased employment by 67,000 while larger companies increased by 78,000, according to ADP.
Economists' expectations for a September rate cut by the U.S. Federal Reserve Bank rose sharply this month, according to a survey of private-sector economic forecasters by the Wall Street Journal.
U.S. employers plan to hold the line on budgeted pay raises in 2020, according to a survey of 858 companies by Willis Towers Watson. Salary increases are expected to hold steady at around 3% across organizations.
The outlook for growth in the U.S. economy for the next three quarters looks slightly weaker now than it did three months ago, according to 35 forecasters surveyed by the Federal Reserve Bank of Philadelphia.
The U.S. and China are in a trade war, according to a survey of 48 economists by the Wall Street Journal. In the survey, 87% of respondents described the situation with China as a "trade war."
The yield curve is sounding its loudest warning since months before the start of the last financial crisis. Shorter-term bond yields have climbed above longer-term ones, which tends to happen ahead of recessions. Yet economic growth remains steady and the labor market strong, stoking debate among investors about what the signal means now.
A clutch of tech startups, with more than $300 million in venture funding, have come up with ways to front workers their wages early and collect later on, when payday arrives.
The U.S. Department of Labor reports its consumer price index increased 0.3% last month, lifted by gains in the cost of energy products and a range of other goods. The CPI had edged up 0.1% for two straight months.
Optimism among small business owners bounced back in July as expectations for business conditions, real sales, and expansion made solid gains. The National Federation of Independent Business small business optimism index rose 1.4 points to 104.7.
August data signaled only a slight increase in U.S. business activity and the slowest pace of expansion for three months, according to IHS Markit. Weaker business activity growth largely reflected a loss of momentum in the service sector during August.
Online job boards are both the most used recruiting technique (69%) and the most successful (29%), according to a survey of more than 300 human resource professionals by promotional items company 4imprint.
Seventy-six percent of employees think it's unimportant to work at a company that aligns with their political views, according to a survey of 500 full-time employees by business-to-business ratings and reviews company Clutch.