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.

November 20, 2018

Fed study finds US is at full employment

The U.S. labor market is at full employment, according to a study from the Federal Reserve Bank of San Francisco. A labor force participation rate that is at or above its potential rate—or so-called long-run trend—is a signal that the labor market is at or above full employment.

November 27, 2018

Staffing employment holds strong in November

Staffing employment for the week of Nov. 11–18 was relatively unchanged (-0.1%), holding at a rounded value of 103 for the fifth consecutive week, according to the ASA Staffing Index. It is the first time since 2014 that the index reading has been this high for the 46th week of the year. Temporary and contract staffing employment was 2.1% higher than the same week last year.

November 28, 2018

Government floats idea to streamline H-1B process

A proposed rule aims to streamline the H-1B visa process via a new electronic registration system. It also puts forward a new methodology that aims to increase the number of such visas going to workers with a master’s degree or higher.