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…
The COVID-19 pandemic had a staggering impact on the hospitality industry, as travel, tourism, and dining all ground to a halt in 2020. More than two years later, the industry has begun to recover, but challenges remain, particularly in regard to staffing. People have returned to traveling and dining out, but hotels, resorts, bars, and…
In late July, a TikTok user shared a video on the social media app describing the term “quiet quitting.” Since then, the video has gone viral—with over 3.4 million views—and the phrase has made its way into mainstream media. If Your Co-Workers Are ‘Quiet Quitting,’ Here’s What That Means, read a headline in the Wall Street…
What is total talent acquisition/management? Total talent management (TTM) integrates direct hire employee (RPO) and contingent/temporary worker (MSP) talent solutions to create an all-encompassing approach to workforce management. By loosening the constraints of existing talent silos and thinking about it holistically, organizations gain the ability to make resourcing decisions based on the task at hand…
Nearly two and a half years into the pandemic, the debate around remote work versus returning to the office continues to intensify. There’s no one-size-fits-all solution for every business and all work functions. But one thing is clear, the way we think about offices, remote work, and employees’ workplace needs has changed. Companies have adopted…
In 2022, more than half of the states in the U.S. plan to increase their minimum wage, and many employers are planning to raise their pay floor on their own. Recruiters and hiring managers are already experiencing a tight labor market propelled by competition for professional, highly skilled workers as well as entry-level employees. The…
