Workforce

The antithesis of mass layoffs, companies have begun “labor hoarding” their workforce in an effort to maintain some semblance of normalcy.

In recent years, dissatisfaction at work has become less of an intrusive thought, companies have participated in mass layoffs (and hiring sprees) and labor unions are seeing a resurgence.

When people of color or women try to create boundaries between work and life, they are more likely to be seen as slackers.

According to the August report, 315,000 jobs were added, a dip from the 526,000 seen in July. Additionally, the unemployment rate saw a slight uptick to 3.7%.

Unemployed people were able to find new jobs in just over two months in July, an increase from the three-and-a-half months seen the year prior.

The Census Bureau incorporated new questions about long Covid to gain a better understanding of just how much this illness is impacting professionals.

Perhaps the most important move during the transition to hybrid work involves organizations navigating how to optimize their workforce.

The Great Resignation and unemployment have loosened their grip on today’s workforce, giving employers a new sense of power after years of playing tug of war.

By showing workers that they are being heard and understood, they are more likely to continue contributing their input to the company.

Some businesses have opted to adopt a four-day work week, but taking a one-size-fits-all approach could further hurt employee morale.