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Is a freight recession in our (near) future? Warehousing hit a record in March, and transportation prices remain high. Yet transportation capacity is still contracting. While a contraction in the transportation market doesn’t mean a freight recession is coming, it’s still a possibility. Our April 2022 Logistics Market Snapshot explains. Read the full report here. …
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The good news in the April jobs report is that the U.S. economy is extremely close to its pre-pandemic levels. Yet, because there are 11.5 million job openings and only 5.9 million unemployed people, hiring and retaining a workforce will remain challenging. Our 2022 Voice of the Blue-Collar Worker survey has found how candidates look …
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The Bureau of Labor Statistics’ March Job Report showed some great news: the U.S. economy is “this close” to recovering from the pandemic, the fastest ever! Yet staffing challenges remain: employers may want to consider prioritizing hiring talent from nontraditional talent pools. We discuss this and other recruiting strategies in this March 2022 Workforce Insights. …
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The Logistics Manager Index has been above 70 LMI for an entire year! Unemployment is down across the country, as well as in Georgia. Labor shortages remain a challenge, as does low capacity and high costs. And while some supply chain sectors have too much inventory, others face shortages. Read which ones are discussed in …
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The BLS’ February Jobs Report was filled with terrific news: 678K jobs were added last month, which means the U.S. economy is close to recovering all the jobs lost since the start of the pandemic almost exactly two years ago. Just 2.1 million positions are needed to close that gap. Still, the labor market remains …
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Economists had expected to see just 150,000 jobs added to U.S. companies’ payrolls in January. But the month surprised everyone: 467,000 jobs were added. Happy news, yes! But challenges remain when it comes to hiring hourly workers. Read on for hiring tips that work now. Click here to view the report.
Total nonfarm employment rose by 210,000 at the end of the year while the national unemployment rate declined notably to 4.2 percent. The shortage of candidates continues to be a headwind across many skill segments of the U.S. staffing industry, but the overall economic growth environment remains strong and will provide a solid footing for …
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Total nonfarm employment rose by 210,000 at the end of the year while the national unemployment rate declined notably to 4.2 percent. For a total market recap, check out the Hire Dynamics Quarterly Market Report: Logistics/ E-Commerce Q1 2022. Click here to view the report. Hire Dynamics works with hundreds of employers filling …
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