Pronto’s Post

US oil patch labor trends are on the rise, and has not only rebounded significantly, but exceeded pre-Covid levels, according to a recent report. Despite some softening in the industry, oilfield labor output has been on a sharp year-on-year increase, signifying the resilience of this sector. Check out this article to learn more!

As we gear up for a productive fall season, it's crucial to stay informed about the latest trends in the job market. Here's a glimpse into the August labor statistics. 📈 Unemployment Rate: In August, the national unemployment rate saw a 0.3% increase from the previous month. 💼 Industry Spotlights: - The oil and gas sector continued its growth trend totaling 7,993 jobs in August. - The construction sector also saw growth totaling 12,997 jobs in August. - The manufacturing sector remained fairly stable, totaling 12,997 in August. Want more in-depth labor stats? Discover the key trends and insights in our latest blog post: https://lnkd.in/grqn9Ta9 #LaborStats #JobMarket #WorkforceSolutions #AugustStats

Last month’s employment data is due out today. It’s important for Australia’s interest rates future - if employment is up, the RBA is more likely to raise rates at next month’s meeting.  #themarketherald #news #asx

We're excited to finally share the major updates we've made to our quarterly Employment Impact Analysis for 2024. Updates like: ✨ Including all KS Counties ✨ The latest employee and business insights ✨ Kansas-specific business resources ✨ Staffing Industry Indicators Get your copy (free) of our most popular business resource now ⤵️ #kansas #kansasemployment #ksemploymentimpact #businessresources #ksemployers

The US has over 4.5 million more jobs today than before the pandemic.  Three industries have fewer workers today than pre-pandemic: leisure and hospitality, mining and logging, and other services. Professional and business services added the most jobs of any industry (+1,590,000). This industry includes organizations like accounting, legal, engineering, consulting, travel, and security services. Transportation and warehousing grew at the fastest rate (+16%). This industry includes organizations like air, rail, and truck transportation and distribution and warehousing services. Over the past three years, a strong labor market resulted in a reshuffle of the workforce. Plenty of job opportunities meant more leverage for workers moving from low-paying industries to industries that offer better pay and working conditions. #labormarket #economy #economicoutlook #economicrecovery #recession #hiringtrends #bls #jobsreport #HRData

Q1-2024 KS Employment Impact Analysis is out…. updates include: ✨ Employee & business insights ✨ KS business resources ✨ Staffing industry indicators

U.S. jobless rates hit a near 50-year low last month at 3.5% and company payrolls have grown 654,000 jobs over the last 3 months. How are you capitalizing on your database of candidates (aka your gold mine) to avoid losing those hires to your competitors? We can help, shoot me a message to see how Daxtra Technologies helps companies better utilize their candidate database & increase recruiter efficiencies, all without increasing sourcing spend. sounds to good to be true, I know...

Last week’s JOLTS report offers new insights into the state of the broader US job market and ongoing trends in manufacturing and construction. While job openings and hiring remained steady overall, the hiring crunch for skilled labor in manufacturing and construction persists. This is a serious challenge but also an incredible opportunity.  Based on our recent research, Erik Schaefer, Ezra Greenberg, and I anticipate that annual hiring for this crucial talent group will be 20x the annual increase in net new jobs and cost companies more than $5.3 billion in talent acquisition and training costs alone.  To help employers reimagine how they invest in human capital, plug leaks in the talent pipeline, and boost productivity in the near term, we’ve identifed actions they can take—from the inside out and the outside in. Read our article to learn more: https://mck.co/4cSpp8k #Talent #Workforce #SkilledTrades 

This map/data from Labor IQ is interesting to me since I am identifying talent within the manufacturing, construction, and professional business sectors. Have you noticed any significant changes in quit rates within your industry and what do you do to retain talent?