November 2018 News

    STAFFING NEWS ROUNDUP

    Here are our top staffing industry news picks for the month of November

    November 1, 2018

    Temp jobs slow in October

    US temporary help services jobs rose by 2.2% in October on a year-over-year basis, according to seasonally adjusted numbers released today by the US Bureau of Labor Statistics. That’s down from a year-over-year increase of 2.8% in September, and the slowest year-over-year growth rate this year.

    November 2, 2018

    Small business labor demand grows

    A seasonally-adjusted net 22% of owners plan to create new jobs, four points below August's record high but exceptionally strong historically, according to the National Federation of Independent Business. Twenty-two percent plan to increase total employment at their firm, and 6% plan reductions.

    November 5, 2018

    Conference Board Employment Trends Index Increased in Oct

    The Conference Board Employment Trends Index increased in October, following a decrease in September. The index now stands at 110.72, up from a downwardly revised 110.39 in September. The change represents a 4.6% gain in the ETI compared with a year ago.

    November 6, 2018

    Reduced seasonal hiring indicates that Amazon is turning to automation

    Amazon has cut the number of temporary workers it hires this holiday shopping season as the company utilizes more robots, according to Citi analyst Mark May. Amazon plans to hire 100,000 seasonal workers this year, 20,000 fewer than last year.

    November 7, 2018

    US nonmanufacturing activity decelerates in Oct

    Economic activity in the US nonmanufacturing sector decelerated in October, according to the Institute for Supply Management’s nonmanufacturing index, released today. ISM’s  index fell to a reading of 60.3 in October from a reading of 61.6 in September.

    November 8, 2018

    Job openings fall from record high; still exceed number of unemployed workers

    The number of US job openings fell in September from a record-high set in August, and the number of hires and separations were both little changed, according to data released today by the US Bureau of Labor Statistics.

    November 12, 2018

    DOL announces new compliance tools for new and small biz

    The U.S. Department of Labor has created two new web pages that are intended to serve as a centralized location for tools and information on compliance with the laws enforced by its Wage and Hour Division. Access the page here.

    November 13, 2018

    Economists raise forecast for US job growth

    Economists raised their estimates for job gains this year and in 2019 but kept their outlook for the unemployment rate mostly unchanged, according to the fourth-quarter Survey of Professional Forecasters released today by the Federal Reserve Bank of Philadelphia.

    November 15, 2018

    Small business labor demand grows

    A seasonally-adjusted net 22% of owners plan to create new jobs, four points below August's record high but exceptionally strong historically, according to the National Federation of Independent Business. Twenty-two percent plan to increase total employment at their firm, and 6% plan reductions.