Here are our top staffing industry news picks for the month of January
Consumer debt is on pace to top $4 trillion in 2019, but Americans don't seem to be having trouble managing it. Easing the burden are a growing U.S. economy, wage gains, unemployment near a 50-year low, and still historically low interest rates.
A federal judge who recently declared the Affordable Care Act unconstitutional stayed his ruling to allow for appeals, keeping the health law in effect while litigation continues. U.S. District Judge Reed O’Connor stands by his earlier conclusion that the entire law is invalidated by congressional repeal of its fines on people who remain uninsured.
On Dec. 28, the U.S. Court of Appeals for the D.C. Circuit ruled in Browning-Ferris Industries Inc. v. National Labor Relations Board that a 2015 decision by NLRB did not properly define the kind of "indirect control" over working conditions that the agency said could make companies joint employers of contract or franchise workers.
Jobless claims rose by 10,000 to a seasonally adjusted 231,000 in the week ended Dec. 29, according to the U.S. Department of Labor. Economists surveyed by MarketWatch had anticipated a reading of 218,000. The increase in claims likely was inflated by the partial federal government shutdown and the end of temporary staffing during the holiday season.
Temporary help employment edged up 0.3% (10,300 jobs) from November to December, according to seasonally adjusted data released today by the U.S. Bureau of Labor Statistics. (Note: initial BLS estimates on seasonally adjusted temporary help services employment data tend to be materially revised the following year, according to an ASA analysis of BLS data.)
Construction employment increased by 38,000 jobs in December and by 280,000 jobs, or 4.0%, over the past year, according to the Associated General Contractors of America. Construction employment totaled 7.4 million in December, the highest level since March 2008. Hourly earnings in the industry averaged $30.44 in December, a rise of 3.9% from a year earlier.