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Latest UKG News

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.
Media Coverage

HR Tech Can Help Solve The Next Major Workplace Challenge: Connectedness

Forbes | Many workplaces are starting to realize the consequences of a quick (but necessary) transition to remote or hybrid working environments in the wake of Covid-19. The initial challenge of getting employees up and running from home has been solved, but now an even bigger problem looms: how to keep them connected and engaged.
Media Coverage

Economy Added 638,000 Jobs in October as Growth Slows

The Washington Post | States with cooler weather in the Northeast and Midwest saw steeper declines in the number of businesses open, it said. Data from the Ultimate Kronos Group, another scheduling-software company, had similar results, showing that shift work in the retail, food service and hospitality sectors stayed nearly flat in October.
Media Coverage

Amid Election Uncertainty and Viral Surge, U.S. Economic Recovery Wobbles

Reuters | Employment at a broader set of industries, maintained by UKG here, has been sluggish, growing at less than 1% through October, virtually flat for the smallest businesses, and falling over the past week.
Media Coverage

U.S. Jobs Market Set to Extend Rebound at Softening Pace

Bloomberg | The number of people who had been unemployed for 27 weeks or longer surged by a record in September as the pandemic stretched on. The number will likely increase in October. Meanwhile, data from Ultimate Kronos Group, a software and services company that tracks time-clock punches, showed monthly shift growth in the U.S. slowed from 3.3% in both August and September to just 0.8% in October.
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