Tag: BLS

Compensation Is Key for Attracting and Retaining Top Talent

According to the Bureau of Labor Statistics’ (BLS) June 2018 Employment Situation, the unemployment rate has risen 0.2% for the month of June, making the new rate 4.0%. Unfortunately, it looks like our record low unemployment numbers may become a thing of the past, which is good news for employers looking to attract workers!

retention

Redeployment 101: A New Tool for Your Recruitment Strategy

U.S. labor market trends, as reported by the Bureau of Labor Statistics (BLS), show that the employee quits-to-layoff ratio has significantly risen over the last 8 years, soaring higher than prerecession levels. This emerging trend in data goes to show that workers are confident in their ability to find another job. It also proves that it’s […]

Employer Compensation Costs Provide Insights for Salary Negotiations

So, you’ve found the perfect candidate and offered him or her the job. But instead of accepting the position, he or she counteroffers with a salary that’s higher than what you offered. Is this rate fair? Or is the candidate just trying to milk it for what it’s worth? When’s the last time you looked […]

Low Unemployment Rate Makes It a ‘Buyer’s Market’ for Job Candidates

The Bureau of Labor Statics (BLS) has released its April 2018 Employment Situation report, which highlights that the shrinking unemployment rate is making it a buyer’s market for job candidates, according to Nick Cromydas, Co-founder and CEO of Hunt Club, a tech-enabled recruiting service based in Chicago, Illinois.The BLS reports that the unemployment rate has […]

Workplace Violence and Hiring

A recent incident in Orange County, Florida, where a former employee entered the workplace and fatally shot five people before turning the gun on himself, has HR professionals again discussing how acts like these can be prevented. One issue that frequently comes up is the possible link between hiring and workplace violence. But does such […]

The Forgotten Workforce

President Trump has said that “African American unemployment stands at the lowest rate ever recorded.”

Helping to Grow a Workforce

Companies often offer education and training, to further the skills of their employees and attract job candidates. A new initiative by home improvement retailer Lowe’s aims to do this, and more.