In the July Employment Report, Bruce Steinberg looks at the national unemployment rate as compares to the labor force participation rate:   “These two factors are in a similar relationship now. The labor force participation rate is basically steady and the unemployment rate is declining. If the economy… Read more »

    Did last month’s employment report make you curious about the effect of the Census on hiring? In the May report, Bruce goes into this topic, looking back on the job market surrounding the 2010 Census. He notes when hiring tends to rise in relation to the Census, and… Read more »

    In the April report, Bruce Steinberg discusses changing enumerators in the next year’s upcoming US Census. “If staffing executives think recruiting temporary employees is difficult now in today’s environment of low unemployment, it may get tougher as the government begins to vacuum up qualified  people for the different… Read more »

  With Bruce Steinberg‘s March employment report comes a look at recent talk of an interest rate inversion, the federal funds rate and how money markets bid on short and long-term treasuries. Keep a finger on the pulse of job trends with this monthly summary. Share this March employment report… Read more »

    The January 2019 edition of economist Bruce Steinber’s monthly Employment Report assesses the potential of an oncoming recession using two economic indicators. This and the job trends from last month in the January Employment Report. Day by day the gig economy shifts in new ways; it is up to… Read more »

    The October 2018 edition of economist Bruce Steinber’s monthly Employment Report discusses Uber’s recent move into the staffing industry with their new business-to-business service called Uber Works. It’s currently in trial and development in Los Angeles and Chicago. Those of us who attend conferences like Staffing World are keenly… Read more »

    Did you know that recent employment gains have come almost solely from the age cohort of people 55 years and up? In the September 2018 Employment Report, economist Bruce Steinberg examined labor force participation rate by age. Over the past decade, the number of employed people age 55… Read more »

    In the August 2018 Employment Report, economist Bruce Steinberg looks at the curiously low rate of inflation on consumer goods of late.   Have you ever heard of “the Amazon effect?” The transparent pricing and “algorithmic pricing technologies” of online markets is capping inflation for both online and… Read more »

    In the July 2018 Employment Report, economist Bruce Steinberg looks at metrics surrounding the manufacturing industry.   As is common knowledge, manufacturing’s share in Gross Domestic Product continues to decline. Employers are navigating the costs of hiring new labor versus investing in automation. Growth in output per job… Read more »

  Is the “gig economy” as booming as it seems? It depends how we define contingent work and temporary help workers. After a 12 year hiatus, the U.S. Bureau of Labor Statistics has revived its Contingent and Alternative Employment Arrangements report. Economist Bruce Steinberg addresses this in his June 2018… Read more »