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Middle Managers Are Disappearing—What It Means for Those Left Behind

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Even in an industry poised for an employment boom and a surge in demand for expertise, the tech sector has provided a stark example of where AI’s impact could be headed. According to the most recent ADP report , private payrolls dropped 33,000 jobs in June—the first decline since March 2023. Analyzing over 2.4

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U.S. Added 263,000 New Jobs In November As Wages Continue To Rise

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Labor Department’s latest jobs report shows that the country added 263,000 nonfarm payrolls in November, exceeding economist expectations. . The leisure and hospitality industries led the pack in job growth with 88,000 new positions, followed by healthcare and government. However, hourly earnings grew 0.6% and wages grew to 5.1%

Payroll 246
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Unemployment Rate Increases Despite Job Growth

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The report indicates that nonfarm payroll employment increased by 339,000 jobs, surpassing the highest estimates projected by some experts, according to ZeroHedge. This unexpected boost in job creation suggests a stronger economy. The unemployment situation will continue to influence economic policies and business strategies.

Payroll 262
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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.

Payroll 246
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What Is The Impact Of Hybrid Working On Space Optimization?

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Real estate costs can be reduced by downsizing the amount of space needed and allowing for flexible desk booking policies. After all, commercial real estate is, on average, the second-highest expense for most businesses, only surpassed by payroll. Working policies. Part of the answer lies in your working policies. .

Equipment 299
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4 Monumental Ways Banning Noncompete Clauses Will Transform The Future Of Work

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The FTC announced earlier this month that it is seeking to ban noncompete clauses, a stipulation that prohibits employees at a company from job hopping within their industry or sharing company insights, and often much more. . Research from the Economic Policy Institute shows 49.4% How and why noncompete clauses might be banned .

Policies 331
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The Four Horsemen of the Mandated Return to Office

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Even finance, the industry leading the charge for returning to the office, suffered significant churn. European banks, which offer more flexible hybrid work policies, are using these to hire talented staff from the less flexible US banks. Before launching an office return, we consider compensation policies. .

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