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Watch: President Trump Hosts the Pledge to America’s Workers Event

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President Donald Trump hosts the “Pledge to America’s Workers” event during which he will sign an Executive Order that establishes the National Council for the American Worker, an interagency council of administration officials who will focus on crafting solutions to our country’s urgent workforce issues. The Council will be charged with developing a national strategy for ensuring Americans have access to ...

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Where to Make the Most Cash in the Gig Economy

As FitSmallBusiness.com, the digital business publication, established in a recent study, it’s all about the gig economy now.  Freelancers contribute nearly $1.4 trillion every year to the national economy, and it’s projected that nearly 43 percent of the U.S. workforce will be represented by gig economy jobs in the year 2020 – proving that “gig” is not only here to stay, it will continue ...

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Private Sector Employment Increased by 177,000 Jobs in June

Private sector employment increased by 177,000 jobs from May to June according to the June ADP National Employment Report®.  Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody’s Analytics.  The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment ...

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US IT Job Growth Hits A Wall; Talent Shortage To Blame

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The number of IT jobs grew 0.03% sequentially last month to 5,337,000 according to TechServe Alliance, the national trade association of the IT & Engineering Staffing and Solutions industry. On a year-over-year basis, IT employment grew by 0.85% since May 2017 adding 44,900 IT workers. Engineering employment increased by 0.18 percent sequentially to 2,591,000. On a year-over-year basis, growth in engineering employment ...

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US Cybersecurity Worker Shortage Worsening

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The demand for cybersecurity workers across the United State continues to grow, cybersecurity career and workforce resource provider CyberSeek reported Wednesday. Nationally, there were 301,873 cybersecurity job openings in the private and public sectors during the 12-month period between April 2017 and March 2018. This included 13,610 openings in the public sector. The total employed U.S. cybersecurity workforce in the relevant 12 months is 768,096. ...

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Report: Hiring in the oil industry surging

Crude oil price vs. hiring rates May 2018

New data from LinkedIn’s June Workforce Report shows increased hiring in the oil and energy sector, impacting oil-centric cities like Houston, TX. This month’s data also illustrates how industry-dependent cities are heavily impacted by the highs and lows of business cycles. Oil industry turns up the heat on hiring – Nationally, across all industries, gross hiring in the U.S. was 4.5% higher than in May ...

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Nancy Pelosi Doesn’t Think Lower Unemployment, More Jobs Is A Good Thing

  by Robert Donachie House Minority Leader Nancy Pelosi doesn’t think Friday’s stellar jobs report is a good thing because it happened under Republican control of the White House and Congress. “May’s jobs report shows that strong employment numbers mean little to the families hit with soaring new costs under the Republicans’ watch,” Pelosi wrote in a statement to supporters ...

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223,000 new jobs in May; Unemployment at lowest since 1969

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Total nonfarm payroll employment increased by 223,000 in May, and the unemployment rate edged down to 3.8 percent, the lowest rate since 1969, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in several industries, including retail trade, health care, and construction. The May jobs numbers were so good that even The New York Times had trouble ...

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US IT Sector Records Fourth Consecutive Month of Job Growth

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The U.S. information technology (IT) sector added an estimated 8,700 new jobs in May, the fourth consecutive month of employment growth, according to CompTIA, the leading technology industry association. A CompTIA analysis of today’s Bureau of Labor Statistics “Employment Situation” report finds May job growth occurred in three categories: IT services, custom software development and computer system design (+ 6,600 jobs) ...

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Strong late cycle job growth trend shows more signs of boosting wages

The US labor market continues to tighten as the creation of 223,000 jobs in May helped drive the unemployment rate down to 3.8 percent, its lowest rate since December 1969. Tightening labor markets led to a small acceleration in average hourly earnings to 2.7 percent during the last 12 months through May, compared to 2.6 percent last month. Today’s pickup in wage ...

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Private Sector Employment Increased by 178,000 Jobs in May

Private sector employment increased by 178,000 jobs from April to May according to the May ADP National Employment Report®.  Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody’s Analytics.  The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment ...

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Trump Effect: Summer Hiring Strongest in a Decade; Employers Turning to Benefits and Wages to Compete for Workers

A new survey revealed that the overwhelming majority (95 percent) of employers are adding more shifts this summer and more than half (58 percent) plan to hire more summer workers than last year. This parallels the continued and steady climb of U.S. jobs due to the booming economy under the Trump administration’s “America First” policies. Most employers (82 percent), according to ...

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