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An Update on U.S. Workforce Activity
This report explores weekly workforce data across approximately 40,000 U.S. businesses and their 4.5 million employees.
The Workforce Institute at UKG
The Workforce Institute is a think tank that curates ideas, strategies, and best practices on how to create great workplace experiences in a way that positively impacts lives, communities, and business outcomes.
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UKG Grows Revenue, Unveils Vision for ‘Life-Work’ Products
HCM Technology Report | UKG said quarterly revenue increased to $798 million during its fiscal second quarter, which ended March 31, 2021. Subscription revenue grew 12% year over year, which the company credited to new-customer orders and increasing purchases by existing customers.
Press Release
UKG Welcomes #1 Ranked Women’s Tennis Player, Ashleigh Barty, to Family of Athletes
LOWELL, Mass., and WESTON, Fla. | UKG has strengthened its roster of UKG athlete ambassadors with the addition of Ashleigh (Ash) Barty – the #1 ranked women’s tennis player in the world.
Media Coverage
What CFOs Really Think about Returning to the Office
Fortune | An increasing skilled-labor shortage threatens to delay the manufacturing sector’s full recovery from the COVID-19 pandemic, according to a new study commissioned by The Workforce Institute at UKG. About 63% of manufacturers surveyed are “struggling” to fill critical labor gaps.
Media Coverage
How to Lead with a Work-Life Negotiation Mindset
Forbes Coaches Council | As many settle into permanent hybrid working arrangements, it’s more important than ever for leaders to keep a close eye on the health of their workforce. According to a March 2021 survey from Gartner, Inc., 93% of human resources leaders are concerned about employee burnout as employees increasingly split their working time between the office and their home. This concern is well warranted.
Press Release
Pandemic-Fueled Labor Shortages Intensify Talent Crisis in Manufacturing
LOWELL, Mass., and WESTON, Fla. | The resilience of manufacturing is unwavering — but not without struggle. A study commissioned by The Workforce Institute at UKG finds that, although many manufacturers are emerging from the COVID-19 pandemic on solid footing — with more than half (54%) achieving year-over-year growth — a mounting skilled-labor shortage threatens to delay the sector’s full recovery.
Media Coverage
Analysis: The Fed Thinks it can Have it All: Strong Economy, Job Growth, Stable Inflation
Reuters | Real-time employment data monitored by Oxford Economics edged down early this month, and high-frequency measures of employee time kept by Homebase and UKG showed slow or no growth for the last week, the timeframe for the May jobs survey.
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