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Manufacturing may need 3.8 million new employees by 2033

April 3, 2024

The US manufacturing industry may need as many as 3.8 million new employees by 2033, according to a report by Deloitte and The Manufacturing Institute. However, more than 1.9 million of these jobs could go unfilled because of the skills gap and lack of applicants.

Manufacturing is also seeing increased...


Workers take longer to find jobs, though counteroffers rise

April 3, 2024

It’s taking workers longer to find new jobs and fewer new hires are receiving signing bonuses, according to ZipRecruiter’s new Q1 2024 Survey of New Hires. On the other hand, the number of workers receiving counteroffers remains historically high, and more new hires said they were recruited. Another...


US services sector expands at slower rate in March

April 3, 2024

Economic activity in the US services sector expanded in March but at a slower rate than in February. The Institute for Supply Management’s Services PMI slipped to a reading of 51.4% in March from 52.6% in February. Readings above 50% indicate expansion.

“The decrease in the rate of growth in March...


Average hourly wage for college interns jumps to $22.06

April 3, 2024

The average hourly wage for bachelor’s level interns from the class of 2022-2023 rose to $22.06, the National Association of Colleges and Employers reported April 2. The data marks a significant increase from the $17.20 reported for the class of 2013-2014.

“This is proof of the importance of internship...


Nashville posts lowest jobless rate among large metro areas in February

April 3, 2024

The Nashville, Tennessee, metropolitan area posted the lowest jobless rate among US metro areas with a population of 1 million or more in February, at 2.2%, the US Bureau of Labor Statistics reported today.

The Riverside-San Bernardino-Ontario area of California had the highest rate at 5.5%.

Overall, 38...


Job openings tick up in February after declines in last 2 months

April 2, 2024

US job opening rose 0.1% month over month in February to 8.8 million after declining in December 2023 and January, according to seasonally adjusted data released by the US Bureau of Labor Statistics. Layoffs, however, rose by 8% month over month to more than 1.7 million and were at their highest level...


Staffing hours edge up for week: SIA | Bullhorn Staffing Indicator

April 2, 2024

US temp staffing hours were up in the week ended March 23 but still down from last year, according to the latest SIA | Bullhorn Staffing Indicator report. Commercial staffing hours edged up 0.1%, while professional staffing hours edged up 0.2%.

...


Luttrell Staffing Group acquires California-based firm

April 2, 2024

Luttrell Staffing Group announced today it acquired Sierra Employment Services Inc., a staffing provider with operations in eastern California.

The move enables Luttrell to expand its client base and venture into new markets, according to the company.

Founded in 2002, Sierra Employment Services has two...


Dexian names 2 new C-suite executives

April 2, 2024

IT staffing provider Dexian announced changes to its executive lineup. The McLean, Virginia-based firm appointed finance veteran Chris Conover as chief financial officer and promoted Tara Winn to chief operating officer.

“I am committed to creating a high-performance culture of collaboration, inclusivity...


Nurse staffing is significant challenge, say 98% of CFOs

April 2, 2024

Nearly all hospital chief financial officers, 98%, say nurse staffing is a significant challenge for their health system, according to a report released today by Nursa, a per diem nursing staffing platform. The report found that 86% of health systems had 10% or more of their nursing...