October 2018 Employment Report

steinberg october 18 employment report

    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 »

August 2018 Employment Report

Steinberg August 18 report Mee Derby

    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 »

July 2018 Employment Report

    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 »

June 2018 Employment Report

June Jobs Report Mee Derby

  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 »

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 »