March 2018 Employment Report

March 18 Bruce Steinberg Employment Report Mee Derby

    In the March 2018 edition of the US Employment Situation, economist Bruce Steinberg examines changes in wages and salaries in recent years. “… the expansion of  the economy — GDP continues to increase — is likely driven by productivity increases despite the overall labor shortages. Although wages and… Read more »

January 2018 Employment Report

  In this month’s edition of the US Employment Situation, economist Bruce Steinberg revisits the Beveridge Curve as an indicator of potential oncoming recession. Unemployment is hovering at a low rate, less than 5%, and wages are rising in many sectors, inflation nonwithstanding. The relationships between unemployment, job vacancy, and… Read more »

December 2017 Employment Report

    Bruce Steinberg’s employment report for December 2017 discusses the drop in part-time employment, a trend “that has yet to return to pre- recessionary levels as unemployment drops and businesses and employers find it increasingly important to “sweeten the pot” to draw workers into the full-time workforce, often from the… Read more »

November 2017 Employment Report

    Economist Bruce Steinberg’s employment report for November 2017 offers a summation of the Federal Reserve Board’s latest Beige Book – a wealth of strategic planning guidance for staffing companies. We recommend going over this monthly employment report with your staffing and recruiting team, to stay up to date with… Read more »

October 2017 Employment Report

Steinberg-October-17

    In his report covering October employment trends, economist Bruce Steinberg has released another free ten-page report of information relevant to staffing executives. This shows projections for growth in temporary help services, breaking it down into occupation grouping.   The monthly report also covers October’s employment trends across all… Read more »

September 2017 Employment Report

  In his report covering September’s employment trends, economist Bruce Steinberg studies the unexpected drop in labor force participation in tandem with discouraged workers since the recent recession, despite the dropping rate of unemployment. One explanation could be “structural changes in the economy as displaced workers find it difficult or not… Read more »

August 2017 Employment Report

  In his report covering August’s employment trends, economist Bruce Steinberg also tackles the issue of surprisingly low wage inflation in certain sectors with low unemployment. It turns out that there’s been a swell in the prime-age labor force, driven particularly by prime-age women and especially women without a college… Read more »

June 2017 Employment Report

      In the June ’17 Employment Report, economist Bruce Steinberg takes a look at the Phillips Curve:   “Staffing and HR professionals should familiarize themselves with the Phillips Curve, which looks at the inverse relationship between unemployment and wage inflation. In a nutshell, low unemployment means high wage growth… Read more »