Here’s quick snapshot of news around the industry!
Around the Staffing Industry:
- The U.S. Job Report: 5 months of consecutive growth and the lowest unemployment rate since 2008. [Forbes]
- Unemployment for young adults is just shy of 14% – about double the overall unemployment rate. [ERE]
- As more and more brick and mortar businesses get replaced with online retails, staffing firms need to consider how they will adapt. [Staffing Stream]
- Top 10 ways to know when your talent is about to quit. [ERE]
- 5 tips for reducing turnover! [Corn on the Cob]
- It’s the small things that count. Here’s how to engage your talent with 5 easy behaviors that don’t cost anything. [Forbes]
- Countering turnover can be tricky. Use these 5 tips to build long-term sustainable talent networks within. [LHH]
Around the Government:
- President Obama signs a new executive order geared towards protecting federal contract workers by requiring contractors to disclose labor violations. [INC]
- While a new proposal gives the VA more “firing authority” and holds senior executives accountable for performance, some feel that it will hinder recruitment. [Washington Post]
- 75% of STEM grads are not using their degrees. Why not? [Dice]
- To counter low unemployment rates, more employers (11%) are utilizing bonus programs specifically designed for software developers. [Dice]
Did you find this post helpful? What would you like to see more of in future posts?