As we enter the dog days of summer, economic signs continue to point to the fact that the US economy is as hot as the current weather. In June, 285,000 jobs were added according the US Bureau of Labor Statistics…
Tag: First Friday Preview
Employment Stays Strong in June
Summer’s here and so are new jobs for 287,000 Americans. This is the largest single monthly job gain since October 2015. After taking into account the Labor Department’s slightly downward revision of the estimates for April and May, these numbers…
How Analytics Improve Productivity
As a sports fan I find it fascinating when a sportscaster discusses the metrics underneath the headlines of winning and losing. With only a minor change or adjustment the impact on scoring or productivity can be the difference between…
Retaining your Millennial Bankers
In an often-sited 2014 retention study from the Bureau of Labor Statistics, the median tenure of workers ages 25 to 34 years is 3.0 years. If the numbers still work in 2016, which there is every indication they do, this…
Cautious Optimism Over Lower Unemployment Numbers
“The economy is on track to grow more than 2% in the second quarter, powered by rising home sales and steady consumer spending on an array of other goods and services.” Overall US unemployment is down to 4.7% which is…
The Key to Hiring Top Candidates in a Competitive, Candidate-Driven Market
As 2015 ended, the hiring market seemed to follow suit. Motivations have changed for truly qualified candidates who are now much more passive than they have been in years, while needs have increased (as well as the urgency of those…
April Is Slow Growing
Spring is here, but cooler temperatures and rainy weather seem to have slowed down normal seasonal trends. “Slight growth” is probably the best way to describe the growth for U.S. manufacturers in April. The upside is that the overall US…
The Biggest Roadblock to Hiring the Best Candidate (and how to get around it)
Have you checked the unemployment rate recently? We’ve gone from 4.9% unemployment to 5.5% unemployment in a quarter, which suggests a fairly robust market. At least, that’s the 10,000 ft view from our candidate traffic helicopter we call the US…
What’s Your Plan?
In the years heading into “the Great Recession, a major concern for businesses was the coming brain drain, which would be caused by Boomers retiring in droves from the workplace, and taking with them their vast technical skills, historical knowledge,…
Manufacturing Trends heading in to Q2
According to Bureau of Labor Statistics, Manufacturing employment took a dip in March by 29,000 jobs. Two big stories at the end of March continue to be economic growth and personal consumption growth, yet American manufacturing continued to deal with…