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More Proof that Pay Raises Are Not Keeping Up with Inflation:
Median weekly earnings of the nation’s 115.8 million full-time wage and salary workers were $876 in the second quarter of 2018 (not seasonally adjusted), the U.S. Bureau of Labor Statistics reports. This was 2.0 percent higher than a year earlier, compared with a gain of 2.7 percent in the Consumer Price Index for All Urban…
Read MoreWork-Life Balance: Who Is Getting It Right?
Are professionals living to work or working to live? A new survey from staffing firm Robert Half shows it’s more of the latter these days. Nearly three-quarters (74 percent) of employees polled said they’ve achieved a good to excellent work-life balance. Forty-three percent think it’s getting better compared to three years ago. Professionals in Nashville, Denver, Atlanta, Cincinnati, San Diego and Raleigh reported…
Read MoreEmployer Costs for Pay and Benefits Accelerate
The amount employers paid out in compensation for civilian workers increased 0.6 percent, seasonally adjusted, for the 3-month period ending in June 2018, the U.S. Bureau of Labor Statistics reports. Wages and salaries (which make up about 70 percent of compensation costs) increased 0.5 percent and benefit costs (which make up the remaining 30 percent…
Read MoreWho Gets Health Care Benefits at Work?
Medical care benefits were available to 69 percent of private industry workers and 89 percent of state and local government workers in March 2018, the U.S. Bureau of Labor Statistics reports. In private industry, access to employer-sponsored medical care benefits varied by establishment size. Fifty-five percent of private industry workers in small establishments (those with…
Read MoreEmployment Trends Increase, Indicating a Continuation of Robust Hiring
A new report indicates that the strong hiring seen in the June jobs report should continue. The Conference Board said its Employment Trends Index (ETI) increased in June, after decreasing in May. The index now stands at 108.94, up from 107.72 in May. The change represents a 5.2 percent gain in the ETI compared to…
Read MoreCreative Skills Can Get You a Great Job
Discussions about in-demand job skills usually focus on technical proficiency. However, there\’s ample evidence that having creative skills can also boost a person\’s prospects for employment. New research from staffing firm The Creative Group shows that digital initiatives will drive hiring of creative professionals in the second half of the year. According to a survey…
Read MoreIT Skills Gap Is Slowing Global Economic Growth
A lack of critical IT skills is actually slowing the growth of the global economy, a new study from IT and professional training services Global Knowledge suggests. Global Knowledge\’s 11th annual IT Skills and Salary Report was based on responses from 16,000 IT professionals from around the world. The report highlights a worrying skills gap that…
Read MoreTired Employees Cost Employers
A recent survey from the National Safety Council found 90 percent of America’s employers have been negatively impacted by tired employees, with half saying they’ve had an employee fall asleep on the job. Fifty-seven percent of employers have experienced absenteeism, and another 32 percent report injuries and near-misses due to fatigued employees, according to the survey.…
Read MoreThe Pros and Cons of Working from Home, According to Robert Half
Job seekers are enticed by work from home options but are aware of the pitfalls, suggests new research from global staffing firm Robert Half. More than three quarters of professionals surveyed (77 percent) said they are more likely to accept a job offer if there’s the possibility of telecommuting at least some of the time.…
Read MoreSolid Job Growth to Continue, According to The Conference Board
The current strong job growth should continue, despite a dip in certain employment indicators, The Conference Board reports. According to the Board, The Conference Board Employment Trends Index (ETI) decreased in May, after five consecutive monthly gains. The index now stands at 107.69, down from 108.00 (a downward revision) in April. The change represents a…
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