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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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Media Coverage
Unemployment Claims Jumped Last Week as Coronavirus Cases Surge Nationwide
The New York Times | “We have definitely seen a slowdown since Labor Day, and in the last few weeks, it’s actually gone into a decline,” said Dave Gilbertson, a vice president at UKG, which provides time-tracking software to about 30,000 U.S. businesses.
Media Coverage
Job Market Growth Slows Across U.S. as Covid-19 Cases Surge
Wall Street Journal | The number of weekly labor shifts among workers has been affected across regions in recent weeks, according to Ultimate Kronos Group, a workforce management software company. The weakness has been particularly pronounced in the Midwest, said Dave Gilbertson, vice president at UKG. “We’re seeing a real struggle to recover in the Midwest,” said Mr. Gilbertson.
Media Coverage
U.S. Coronavirus Wildfire Hitting Jobs as Broad Recovery Trudges On
Reuters | Employment at a sample of mostly small businesses from time management firm Homebase joinhomebase.com/data declined for a fourth week, and shifts worked across different industries fell, according to time management firm UKG here.
Press Release
UKG Named a Leader in Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises for Fourth Straight Year
LOWELL, Mass., and WESTON, Fla. | For the fourth consecutive year, Gartner has recognized UKG (Ultimate Kronos Group)1 as a Leader in the Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises. Formed by the 2020 merger of Ultimate Software and Kronos, UKG is a leading global provider of HCM, payroll, HR service delivery, and workforce management solutions.
Media Coverage
U.S. Data Suggest Economic Recovery May Be Weakening
Reuters | An index of job postings from hiring site Indeed www.hiringlab.org continues to climb and is now just 13% below 2019 levels, and shift work across a sample of firms and industries rose 1.3% last week, according to data from time management firm UKG here. Initial jobless claims, at 709,000 for the week ending Nov. 7, remain astoundingly high, but continue to edge lower.
Media Coverage
U.S. Job Openings Are Rising Closer to Pre-Coronavirus Levels
The Wall Street Journal | The number of workers’ weekly shifts, another measure of labor demand, increased 0.8% in October from September, according to UKG, a workforce management software company. That marked the sixth month of increase, though that pace slowed from 3.3% growth in August and September.