Data from payrolls processing firm ADP show a widening gap in hiring between businesses with 500 or more employees and businesses with less than 50 staffers. Those smaller businesses have lost jobs in three of the past four months.
The government’s report Friday showed that last month’s job growth helped shrink the unemployment rate to 3.6%. That’s the lowest rate since the pandemic erupted two years ago and just above the half-century low of 3.5% that was reached two years ago.
A government official said the IRS does not expect to resolve the backlog until the end of 2022. But it hopes the hiring surge, the largest at the IRS in decades, will galvanize a strong response to the mountain of unprocessed paperwork at the agency.
A winter spike in coronavirus infections briefly tripped up the country’s rebound from 2020′s virus-caused recession, but employers appear confident in long-term growth and are eager to hire.
Rather than hiring full-time executives, companies are increasingly likely to turn to a fractional executive—someone who serves part time, typically on contract rather than as an employee.
Woven aims to streamline the hiring software engineers, a process that typically requires skills-testing and multiple rounds of interviews.
Keen to beef up their workforces, some local companies are turning to a practice known as acqui-hiring—acquiring employees by buying the company they work for.
3C Labs LLC, a cannabinoid research and manufacturing firm, intends to invest $1.5 million in expanding its Indy-area operations, according to a contract with the Indiana Economic Development Corp.
IndyGo announced in September that it would cut bus frequencies on 15 routes, effective Oct. 10, in a decision driven by its workforce and ridership numbers.
Fewer students have been entering the accounting profession, and a salary gap between accounting and other financial professions means those accounting students might be lured to a different field.
Facebook has agreed to pay penalties over findings that the company’s hiring practices intentionally discriminated against Americans in favor of foreign workers, U.S. officials said Tuesday.
Indiana University Health, the state’s largest hospital system, recently hired 700 traveling nurses to work in its 16 hospitals under 13-week contracts.
Catalent plans to expand production at its Bloomington operations by year’s end amid rising demand for its products, including COVID-19 vaccines.
Radial, which fills online orders for dozens of retail brands, said it needed the temporary help it pick, sort, pack and ship an upcoming surge in holiday orders.
About 100,000 seasonal workers will be hired nationwide, the retailer said Thursday, about 30,000 less than last year. Many of those workers will be offered jobs beyond the holiday season.
The ongoing drop in applications for unemployment aid—six declines in the past seven weeks—indicates that most companies are holding onto their workers despite the slowdown.
Even though hiring was relatively tepid in August, the unemployment rate dropped to 5.2%, from 5.4% in July.
Economists have forecast that employers added 750,000 jobs in August, according to the data provider FactSet. That would represent a substantial gain, but below the roughly 940,000 jobs that were added in both June and July.
In a desperation for hired hands, companies have loosened hiring restrictions on everything from age to level of experience. The changing standards may have helped boost hiring this summer, even as many companies complained they couldn’t find all the workers they need.
Amazon said all the open roles are for tech jobs and corporate positions. Separately, the company has been hiring thousands of warehouse workers to pack and ship online orders.
