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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.
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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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Press Release
Pat Wadors Named as New UKG Chief People Officer
Pat Wadors Named as New UKG Chief People Officer
LOWELL, Mass., and WESTON, Fla. | UKG announced today that Pat Wadors will become Chief People Officer (CPO) of UKG on April 18, 2022. As CPO and a member of the UKG executive team, Wadors will lead the company’s world-class HR organization, guiding its people-related business strategy as UKG continues to grow its organization and award-winning culture.
Press Release
UKG Acquires Ascentis Corporation
UKG Acquires Ascentis Corporation
LOWELL, Mass., and WESTON, Fla. | UKG Inc. today announced it has acquired Ascentis Corporation. Headquartered in Eden Prairie, Minnesota, Ascentis is a provider of full-suite HR and workforce management solutions that has grown from 860 customers to 4,800 customers in the past five years.
Press Release
UKG Announces First-Quarter Fiscal 2022 Financial Results, Subscription Revenue Growth Continues
LOWELL, Mass., and WESTON, Fla. | UKG, a leading global provider of human capital management (HCM), payroll, HR service delivery (HRSD), and workforce management solutions, today announced financial results for the first quarter of Fiscal 2022, ending December 31, 2021.
Media Coverage
Solid U.S. Job Gains Forecast in February; Unemployment Rate Seen Dipping to 3.9%
Solid U.S. Job Gains Forecast in February; Unemployment Rate Seen Dipping to 3.9%
Reuters | Shift work in February recorded its largest monthly gain since the spring of 2020, another survey from workforce management software company UKG showed.
Media Coverage
A Thaw in U.S. Jobs Market Could Be Good News for Fed's Inflation Battle
A Thaw in U.S. Jobs Market Could Be Good News for Fed's Inflation Battle
Reuters | Payroll manager UKG said recent shift data showed the impact of January's Omicron wave, which had kept millions of workers off the job at its peak, had all but faded, and that employment gains seemed to be gaining steam in the most troubled sectors. "It's very clear that people are increasingly coming off the sidelines," wrote UKG Vice President Dave Gilbertson.
Media Coverage
U.S. Private Payrolls Rise Solidly as Labor Market Continues to Gain Traction
U.S. Private Payrolls Rise Solidly as Labor Market Continues to Gain Traction
Reuters | According to UKG's workforce activity report, shift work in February recorded its largest monthly gain since the spring of 2020. The workforce management software company said the surge meant that the impact of the Omicron variant of COVID-19 on hourly shift work was over.