by Market Cheetah | Apr 2, 2021 | Behavioral Competencies, Critical Evaluation, HR Expertise, Human Resources, Labor Market Data, Talent Acquisition
U.S. hiring activity exploded in March, as employers added 916,000 new jobs, mostly in leisure and hospitality, according to the latest employment report from the Bureau of Labor Statistics. Economists expected the spike, as the economy reopened more broadly, and the rate of vaccinations increased. The unemployment rate ticked down to 6 percent from 6.2 percent in February and is expected to continue falling in the coming months as more service-sector jobs return.
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by Market Cheetah | Apr 1, 2021 | Behavioral Competencies, Critical Evaluation, HR Expertise, Human Resources, Labor Market Data, Talent Acquisition
States reported that 719,000 U.S. workers filed for new unemployment benefits during the week ending Mar. 27, an increase of 61,000 after last week’s pandemic-era low. The total number of workers continuing to claim unemployment benefits fell slightly to 3.8 million. The recent overall improvement in claims data is consistent with accelerating labor market momentum as the economy reopens. Still, a complete recovery to pre-pandemic levels when new jobless claims averaged about 200,000 per week is still many months away, according to economists.
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by Market Cheetah | Feb 24, 2021 | Benefits, Compensation, Human Resources, Talent Acquisition
The majority of employers are open to negotiating salary for some or all positions once a job offer has been made, but that openness does not extend to bonuses and benefits, according to a new survey.
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by Market Cheetah | Feb 17, 2021 | Human Resources, Talent Acquisition, Tax Compliance
The Work Opportunity Tax Credit (WOTC)—an incentive for employers to broaden their job applicant pools and hire from certain groups of people who may need assistance finding jobs—has been reauthorized and extended through the end of 2025.
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by Market Cheetah | Jan 28, 2021 | Communicable Diseases, Employee Relations, Human Resources, Talent Acquisition, Workplace Flexibility
Your employees are relishing the perks of working from home–no commute, relaxed dress code and fewer office politics. But your leaders want workers to return to the office to work more collaboratively. How do you bridge the divide?
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by Market Cheetah | Jan 22, 2021 | Benefits, Human Resources, Talent Acquisition
Employee benefits can be a highly effective recruitment tool, but too often benefits are only discussed by employers during the onboarding process, after an offer has been accepted. Benefits also can be overlooked as a key to employee retention.
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