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Despite Continued Layoff News, Latest Data Shows Resilient U.S. Job Market

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nonfarm payrolls far exceeded economists’ predictions of 185,000 jobs. Job gains were recorded in professional and business services, health care, retail trade, and social assistance, according to the BLS report. Additionally, December’s payrolls were revised to 333,000 from 216,000. ADP reported 5.2%

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Private Employers Added Just 37,000 Jobs In May

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ADP’s latest report shows private sector payrolls increased by just 37,000 jobs in May, a sharp drop from April and well below expectations. Employment declined in Professional and Business Services (-17K), Education and Health Services (-13K), and Manufacturing (-3K).

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U.S. Private Sector Adds Nearly Half a Million Jobs in June

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What’s going on: In June 2023, the private sector in the U.S. The report, produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab, uses anonymized payroll data from client companies served by ADP to provide a comprehensive picture of the labor market.

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AT&T Extended Its Remote Work Policy, But Some Employees Are Still Being Forced Back

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The deal with Communications Workers of America (CWA) stated that workers would be able to work remotely during crises until March of 2023. For some, health and safety are a concern. However, workers are stating that not only are some still being asked to come into the office amidst Covid-19 outbreaks, some already have. .

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U.S. Unemployment Hits Lowest Level Since 1969

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What’s going on: In April 2023, the United States experienced better-than-expected job growth, with 253,000 nonfarm payrolls added to the economy, according to CNBC. This number exceeded the predictions made by Wall Street, which had estimated that only 180,000 jobs would be created.

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Strategies For Success In Senior HR Roles In The Future Of Work

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This often looks like cultivating an employee-centered culture in the workplace that provides resources and support for employees to help them better manage their health. During the 2023 WSJ Job Summit , top HR chiefs sat down and tackled the role of modern CHROs in addressing employee mental health in the workplace.

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How Hiring Virtual Assistants Can Boost Employee Performance and Work-Life Balance

Success

According to the 2022-2023 Aflac WorkForces Report , 59% of American workers are reporting moderate or higher levels of burnout. Business leaders, then, must think about whether their workplaces are conducive to employee happiness and health. This article originally appeared in the July/August 2023 issue of SUCCESS magazine.