ManpowerGroup Advises How to Solve the Skills Gap
ManpowerGroup Advises Manufacturers How to Solve the Skills Gap As U.S. Bureau of Labor Statistics Reports 7.5% Jobless Rate and 165,000 jobs added for April 2013
Comprehensive Talent Solutions for U.S. Manufacturing Sector Will Sustain ‘Made in the USA’ Surge
MILWAUKEE, May 3, 2013 /PRNewswire/ — ManpowerGroup (NYSE: MAN), the world leader in innovative workforce solutions, advises manufacturers to commit to private-public sector task forces for developing market-specific solutions to address the skills shortage impacting the U.S. manufacturing industry, as the U.S. Bureau of Labor Statistics today reported the overall jobless rate ticked down to a four-year low of 7.5 percent.
A total of 165,000 jobs were added with employment in manufacturing jobs holding steady in April.
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read moreU.S. Businesses Show First Rise in Employment Since 2008
Led by Mining Sector, Census Bureau Reports
WASHINGTON, April 30, 2013 /PRNewswire-USNewswire/ – In 2011, total employment from all U.S. business sectors was 113.4 million, an increase of 1.5 million employees from 2010, according to new statistics released today by the U.S. Census Bureau.
The mining, quarrying, and oil and gas extraction sector led the way with a 12.0% increase in employment from 2010 to 2011.
This year is the first since 2008 in which U.S. businesses reported an increase in employment over the prior year.
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read moreThe Conference Board Consumer Confidence Index® Improves
NEW YORK, April 30, 2013 /PRNewswire/ — The Conference Board Consumer Confidence Index®, which had declined in March, increased in April.
The Consumer Confidence Index now stands at 68.1 (1985=100), up from 61.9 in March.
The Present Situation Index increased to 60.4 from 59.2.
The Expectations Index improved to 73.3 from 63.7 last month.
The monthly Consumer Confidence Survey®, based on a probability-design random sample, is conducted for The Conference Board by Nielsen, a leading global provider of information and analytics around what consumers buy and watch.
The cutoff date for the preliminary results was April 18.
img credit : conference-board.org
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read moreModerate Job Growth Still In the Forecasts
The Conference Board Employment Trends Index™ (ETI) fell in March.
The index now stands at 111.20, down from 111.43 (an upward revision) in February.
The March figure is 3.7 percent higher than a year ago.
According to The Conference Board, despite the decline in March, the Employment Trends index is still signaling moderate job growth in the coming months…
read moreHow’s Those Changes Going With the 2013 Tax Laws?
ADP® highlighted several important steps small-business owners can take to help navigate changes stemming from the recently enacted American Taxpayer Relief Act (ATRA). By carefully selecting an employer-sponsored tax-qualified retirement plan, business owners can get much-needed relief from tax increases they experience as a result of ATRA, with the added benefit of helping their employees prepare for retirement.
read moreJust How Bad is the Damage from the Skills Gap, Globally?
The growing deficit of skilled labor needed to fill in-demand jobs is causing a drag on employers across the globe. A significant number of employers in the 10 largest world economies said that extended job vacancies have resulted in lower revenue and productivity and the inability to grow their businesses. Employers in China were the most likely to report having open positions they cannot fill and corresponding negative effects on their company performance. Russia houses the largest percentage of employers reporting a revenue shortfall tied to extended job vacancies while the U.S. is among those most likely to report a productivity loss. Japan ranked high among those who said the inability to find skilled talent has impeded expansion of their businesses.
read moreThe 3 Top HR Challenges? Shortage, Motivation, Retention
Deloitte: Study Reveals Talent Squeeze is Globalizing; Shortage, Motivation and Retention of Talent Emerge as Top HR Challenges. Employment security, retirement rank in top three personal concerns across all regions surveyed; Ability to afford retirement was top concern for U.S. respondents. Despite stubbornly high unemployment, with recent reports of job gains showing a modest decline in the U.S. unemployment rate, human resource (HR) professionals around the globe have continued concerns about attracting and retaining top talent…
read more2013 Job Forecast for 10 Largest Global Economies
CareerBuilder’s 1st annual job forecast for the 10 largest world economies tells a tale of both confidence and caution. Brazil and India are voicing the greatest confidence with more than 67% of employers in these markets planning to add full-time, permanent headcount in 2013. Italy is the least optimistic, housing more employers who expect to decrease staff than those who expect to hire.
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