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U.S. Private Payrolls Miss Growth Targets, Prompting Economic Speculation

Allwork

private payrolls for the month of August increased by 177,000 jobs, revealing labor market growth that was less than anticipated, according to Reuters. in July, the lowest level since September 2021, according to another Reuters report.

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U.S. Unemployment Claims Reach November 2021 Levels

Allwork

Labor Department shows that jobless claims have climbed to November 2021 levels. . Over the last several months, nonfarm payroll has made strides in recovery, but inflation has caused this trend to cool down. . Unemployment Claims Reach November 2021 Levels appeared first on Allwork.Space. New data from the U.S. The post U.S.

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MBO Partners 10 Future of Work Predictions for 2021

Small Business Labs

Last week MBO Partners released their annual future of work predictions for the coming year. 

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Hiring Finally Picks Up For The First Time In 6 Months

Allwork

Private sector payrolls increased by 143,000 in September, following an August rise that marked the slowest expansion since March 2023, according to data by the ADP Research Institute in collaboration with Stanford Digital Economy Lab. compared to the previous year — marking the smallest gain since early 2021.

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Job Openings Hit Lowest Level Since 2021, Reflecting Problematic Labor Markets

Allwork

Bureau of Labor Statistics — marking their lowest level since January 2021. The data reflects a consistently cooling labor market and only adds to worries about economic stability and the broader challenges facing the U.S. Job openings fell to 7.67 year-over-year.

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Do We Really Know How Remote Work Is Transforming The Workforce?

Allwork

in 2021 and 2022. . There is different exposure of industries to remote work, but the exposure to remote work writ large is universal,” said Liz Wilke, principal economist at payroll and benefits company Gusto. Every single industry experienced an increase.” . appeared first on Allwork.Space.

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They’re Back: Boomerang Employees on the Rise for Good or Bad

Success

of all job switches” in 2021, up from under 2% in 2010. months in 2021, compared to 21.8 In a 2022 survey by payroll firm UKG, “Four out of 10 people (43%) who quit their jobs during the pandemic now admit they were actually better off at their old job.” According to LinkedIn data , boomerang employees accounted for “4.3%

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