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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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Press Release
UKG: “Pleasantly Boring” August for Labor Market
LOWELL, Mass., and WESTON, Fla. | Workforce activity remained steady overall across most sectors, creating a “pleasantly boring” month for the labor market, according to the August 2023 Workforce Activity Report published by UKG. Although shift work decreased 0.8% in August 2023, the decline mirrored August 2022 activity and historic seasonal trends, and the labor market remains relatively strong as summer comes to a close.
Press Release
UKG Solution Depth, Strategic Investments Propel Successful Third-Quarter Fiscal 2023
LOWELL, Mass., and WESTON, Fla. | UKG, a leading provider of HR, payroll, and workforce management solutions for all people, today provided a business update for the third quarter of fiscal 2023, ending June 30, 2023.
Press Release
Manufacturing Turning Point? Annual UKG Survey Shows Labor Improvements Visible Despite Uphill Climb
LOWELL, Mass., and WESTON, Fla. | Healthy growth in demand for manufactured goods and services, as well as year-over-year increases in production capacity, revenue, and shift work, highlight a positive outlook for the U.S. manufacturing sector in the second half of 2023, according to a new survey from the UKG Workforce Institute. Still, 76% of manufacturers are struggling to fill critical labor gaps, and 2 in 3 (66%) said it takes longer now to fill open positions.
Media Coverage
The $900,000 AI Job Is Here
The Wall Street Journal | American companies are in the midst of an AI recruiting frenzy, and some are willing to pay salaries approaching seven figures to hire top talent.
Press Release
UKG: Tight Labor Market Challenging for Smaller Businesses
LOWELL, Mass., and WESTON, Fla. | Businesses with 100 or fewer employees experienced a decline in workforce activity for the 12th time in 13 months, according to the July 2023 Workforce Activity Report published by UKG. Smaller businesses will likely continue to struggle amid the tight labor market, which may create additional wage inflation as businesses of all sizes and across all industries compete to hire and grow.
Media Coverage
The Case for Giving Hourly Workers Greater Scheduling Flexibility
Fast Company | Flexibility has become essential for employees as workplace expectations continue to shift due to ongoing pandemic uncertainty and increasing choice driven by the Great Resignation. Organizations that employ office and white-collar workers have adopted more flexible practices for where, when, and how employees work. Industries that rely on shift-based employees and “gray-collar” workers, who exist at the intersection of tech and service roles, have been slow to evolve. But that is changing.
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