Craig Johnson

3 weeks ago | staffingindustry.com | Craig Johnson

CareerBuilder + Monster, the operator of two long-time job boards, is looking at a possible sale. “CareerBuilder + Monster has been working with the support of our financial stakeholders to explore a sale of the company,” a company spokesperson said in a statement to SIA on June 6. “Our operations are continuing as normal during the ongoing sale process.”The statement also indicated there are no layoffs at this time, though it has put employees on notice.

3 weeks ago | staffingindustry.com | Craig Johnson

The term “quiet cutting” emerged about two years ago in a Wall Street Journal article. It refers to the alleged practice of a company reassigning a worker to a less desirable role in hopes they will quit rather than outright firing or laying them off. It appeared as a take on the term “quiet quitting,” where disillusioned workers do only the minimum requirements of their jobs.

3 weeks ago | staffingindustry.com | Craig Johnson

US economic activity has seen a slight decline since late April, according to the new Federal Reserve Beige Book report released June 4. “All districts reported elevated levels of economic and policy uncertainty, which have led to hesitancy and a cautious approach to business and household decisions,” according to the report. Employment was described as holding steady for the most part.

3 weeks ago | staffingindustry.com | Craig Johnson

The highest pay increases included counties in California, Arkansas and Washington state, according to the latest data by the US Bureau of Labor Statistics. Santa Clara County in California, which is home to Silicon Valley, saw a 15.0% year-over-year increase in average weekly wages during the fourth quarter of 2024, according to BLS data. Its weekly wage reached $4,236.

3 weeks ago | staffingindustry.com | Craig Johnson

Hiring by private employers slowed in May to its lowest level since March 2023, according to the ADP National Employment Report. Private employment rose by just 37,000 jobs, said the report, which was released today. “After a strong start to the year, hiring is losing momentum,” ADP Chief Economist Nela Richardson said in a press release. In comparison, the US added 60,000 jobs in April, according to the report. However, that was revised down from the initially reported 62,000.