Here are our top staffing industry news picks for the month of January
Economic activity in the manufacturing sector contracted in December, and the overall economy grew for the 128th consecutive month, according to the Institute for Supply Management. ISM's purchasing manager's index declined to 47.2% last month from 48.1% in November. The employment index registered 45.1% in December, down from 46.6% in November.
Lowe's Cos. plans to hire more than 53,000 full-time, part-time, and seasonal associates across its more than 1,700 U.S. stores this spring. In 2019, approximately 50% of seasonal hires were converted to permanent associates.
On Dec. 30, Uber and Postmates filed a federal lawsuit in an effort to overturn a new law in California that will make it more difficult for the average gig economy company to classify their workers as independent contractors. They argue that the law is unconstitutional because it specifically takes aim at gig economy companies while treating businesses in other industries in a preferential manner.
The number of people who applied for unemployment benefits declined in early 2020 for the fourth consecutive week, putting new jobless claims back near the lowest level in about 50 years. Jobless claims dropped by 9,000 to 214,000 in the week ended Jan. 4, according to the U.S. Department of Labor.
Near record low unemployment continues to leave businesses struggling to find skilled workers or job candidates who will even show up for the interview, according to an Express Employment Professionals survey of 585 current and former clients. Some 26% of respondents said it is "very difficult" to recruit and fill open jobs, with more than half, 52%, reporting it is "somewhat difficult."
Sixteen of the top 25 highest-paying jobs in the U.S. are in health care, according to an analysis of data from the U.S. Bureau of Labor Statistics and other federal sources by Economic Modeling Specialists International. The top three are anesthesiologists, surgeons, and obstetricians and gynecologists—all of which make at least an average of $112 per hour.
The Illinois Search and Staffing Association (ISSA) recently published a post discussing the ramifications of marijuana legalizing for staffing firms in IL. Read the article here.