Neil Costa

Jan 3, 2025 | fastcompany.com | Neil Costa

This past year was marked by a fickle and ever-changing job market that became more competitive as the months passed. In fact, according to the Bureau of Labor Statistics, despite the average monthly job growth falling about 28% in 2024 compared to 2023, the demand for talent in industries like healthcare, manufacturing, cybersecurity, and more is still red hot and the available supply is not able to keep pace.

Dec 5, 2024 | foodlogistics.com | Neil Costa

The East Coast and Gulf Coast ports handle around 43% of all U.S. imports, yet companies are worried about stability following the International Longshoremen’s Association (ILA) strike in October. On the other side of the country, the West Coast ports are facing labor shortages, causing disruption to normal terminal operations. Given the key position these operations play within the U.S. economy, companies are going to have to reevaluate how they recruit, hire and retain workers.

Nov 25, 2024 | mytotalretail.com | Neil Costa

Although analysts expect inflation to influence spending behaviors this year, shoppers still plan to spend an average of $1,638 on gifts, travel and entertainment, which is a 7 percent increase from 2023 and a 15 percent jump from 2022. Despite varying predictions for this holiday season, holiday hiring in the retail sector is expected to be as competitive as ever and uniquely impacted. However, holiday hiring doesn’t just focus on recruiting anymore.

Aug 23, 2024 | recruitingnewsnetwork.com | Neil Costa

As the labor market continues to change, economists are intrigued as some industries are adding jobs by the thousands while others are making similar-sized layoffs. For example, as companies like TikTok, Google, and Microsoft make significant cuts to their workforce, we can’t help but liken it to pandemic times and wonder if we’re seeing the next monumental wave of layoffs. Past layoffs were repercussions of overhiring. Now we’re seeing a different pattern, one far more preventable.

Aug 20, 2024 | fastcompany.com | Neil Costa

As the labor market continues to change, economists are intrigued as some industries are adding jobs by the thousands while others are making similar-sized layoffs. For example, as companies like TikTok, Google, and Microsoft make significant cuts to their workforce, we can’t help but liken it to pandemic times and wonder if we’re seeing the next monumental wave of layoffs. Past layoffs were repercussions of overhiring. Now we’re seeing a different pattern, one far more preventable.