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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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U.S. Added 245,000 Jobs in November, vs 440,000 Expected
CNBC | Nonfarm payrolls increased by 245,000 in December while the unemployment rate was 6.7%, the Labor Department reported Friday. Economists surveyed by Dow Jones had been looking for 440,000 and the jobless rate to decrease to 6.7% from 6.9% in November. CNBC’s Steve Liesman breaks down the numbers.
Media Coverage
Fewer Employers, Less Work Spell Trouble for Job Market
NPR Marketplace | To get Americans back to work, there has to be more work for them to do. Payroll processing companies track this; they know from week to week whether employers are scheduling more workers for more shifts. Dave Gilbertson at payroll processor UKG said that, recently, the trend has been going in the wrong direction.
Media Coverage
U.S. Added 245,000 Jobs Last Month as Hiring Slowed
The Wall Street Journal | Employers boosted jobs in transportation and warehousing last month, likely reflecting holiday hiring for e-commerce roles. Government payrolls declined by nearly 100,000, largely reflecting the roll-off of temporary workers hired for the 2020 census.
Media Coverage
U.S. Hiring Holds Up While Threats Multiply: Jobs Report Preview
Bloomberg | Data from time-clock software maker Ultimate Kronos Group show shift work declined 0.2% in mid-November from a month earlier, the first drop since April.
Media Coverage
Hapless Holidays? U.S. Data Suggest Hit to 'Main Street' Hiring
Reuters | For the four weeks through Nov. 20, UKG’s data showed shifts worked across a variety of industries grew just 0.1%, bad news in itself for an economy still roughly 10 million jobs short of where it was in February and facing significant risks from a still-uncontrolled pandemic.
Media Coverage
Preventing Employee Burnout With Empathetic Leadership
Forbes | According to a study published by the Workforce Institute at Ultimate Kronos Group (UKG) in September 2020, nearly half of respondents consider their organization’s ability to balance workloads to prevent fatigue and burnout a top priority during the pandemic.
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