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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
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 Earns 100% on Disability Equality Index for Third Consecutive Year
LOWELL, Mass., and WESTON, Fla. | For the third consecutive year, UKG has earned a top score of 100% on the Disability:IN Disability Equality Index (DEI). The score renews the company’s status as a Best Place to Work for Disability Inclusion, a designation exemplified through its inclusive workplace culture, business practices, and HR, payroll, and workforce management solutions made accessible for all people.
Press Release
Newsweek Names UKG One of America’s Greatest Workplaces
LOWELL, Mass., and WESTON, Fla. | UKG is one of America’s Greatest Workplaces, according to Newsweek, with a perfect five-star rating. This is the third five-star rating UKG has earned from Newsweek this year, including being named one of America’s Greatest Workplaces for Women and America’s Greatest Workplaces for Diversity. The recognition also follows jobs site Comparably honoring UKG as a Best Company for Career Growth and for having one of the Best CEOs for Women.
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.
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