Artificial intelligence (AI) brings numerous benefits to recruitment teams—data-informed decision-making, efficiency, improved candidate matching, and personalization—enhancing their processes and improving outcomes. In fact, 65 percent of recruiters use AI, and 67 percent feel it has improved the hiring process. Eliminating bias in the hiring process The Pew Research Center explored how Americans felt about using…

Economists put the odds of a recession at 64 percent due to steady interest-rate hikes and recent bank failures. Layoffs climbed 396 percent over the same quarter a year earlier in the first quarter of 2023. The tech industry laid off the most workers, but e-commerce, media, and Wall Street were also impacted. Some businesses…

In the 1950s, 98 percent of men of prime working age—between 25 and 54—had a job or were looking for one. Ever since that number has steadily declined, and today 7.2 million men have dropped out of America’s workforce, leaving a significant void. Economists have not been able to pinpoint one single reason why men…

The average U.S. adult works 38.7 hours a week or 2,012.4 hours per year—which accounts for 23 percent of your life. Spending that much time working with a bad manager can affect your mental health. A report by the Workforce Institute at UKG shares how much influence managers have on their employee’s mental health, and…

With 12 percent of employees working fully remotely and 28 percent with hybrid work arrangements, maintaining a strong company culture where workers feel connected and engaged can be challenging. In fact, more than 66 percent of CEOs and 62 percent of CHROs believe it’s the most significant talent management challenge associated with remote work. In…

COVID-19 disrupted American workers’ lives, with 95% of the U.S. population under stay-at-home orders at its peak. The ensuing mass layoffs and resignations were heavily concentrated in female-dominated fields. This happened just as child-care demands increased because of school and day care closures. Referred to as a she-cession, this was a time when millions of women left the…

The pandemic turned the world upside down with layoffs and resignations concentrated in female-dominated fields and massive school and daycare closures primarily affecting working mothers. Adding to this, a recent McKinsey & Company Women in the Workplace 2022 study found that men significantly outnumber women at the manager level, directly impacting the availability of women…

Today’s tight labor market, coupled with economic uncertainty, is concerning for leaders in nearly every industry. The unemployment rate edged down to 3.4 percent in January, the lowest since 1969. Worse, 96 percent of workers are looking for a new position in 2023. What this tells employers is that, fundamentally, this differs from previous economic…

The “Great Resignation” and talent shortages in 2021 and 2022 created a candidate-driven labor market where workers had the upper hand, more say, and the ability to be choosier. The current economic uncertainty and a possible recession may take some of that say and power away. While many companies were familiar with remote work before…

Supply chain issues, inflation, and the geopolitical turmoil’s impacts on the U.S. economy are all to blame for the recent layoffs in the technology industry. Reduced revenue has forced prominent leaders in the industry, such as Meta and Amazon, to let go of roughly 219,959 employees in the first week of December alone, according to…