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The truth is, despite the pandemic being more or less quelled, we’re still feeling its economic ramifications. Countries worldwide are grappling with the crunch that’s resulted from the market’s global downturn over the last few years. Consequently, interest rates have taken a real hike this year as banks struggle to pin down inflation. In fact, […]
Written by Rosie Greaves, LaborIQ Staff Writer on March 24, 2023
If you’re struggling to hire an administrative assistant, it may be as comforting as it is concerning that you’re not alone. Typically, administrative assistants perform various organizational and clerical tasks to support their coworkers and company operations. From managing documents to helping to build relationships with clientele, there are several reasons why administrative assistants remain […]
Written by Rosie Greaves, LaborIQ Staff Writer on March 22, 2023
The unemployment rate is a widely-used indicator of the labor market’s health, and as such, it can significantly impact an employer’s hiring process. For example, low unemployment rates usually make it more difficult for employers to find qualified candidates to fill their open positions. On the other hand, when unemployment rates are high, employers may […]
Written by Rosie Greaves, LaborIQ Staff Writer on March 20, 2023
The economy added a solid 311,000 jobs in February, well-above economists’ expectations of 205,000. February’s job gains are another sign the labor market is hotter than many expected going into 2023 and that January was not an anomaly. For those hoping the Federal Reserve slows the pace of interest rate hikes, February’s report is […]
Written by Mallory Vachon, PhD on March 10, 2023
Rising inflation is something we’ve seen in the news a lot recently- and with good reason. For the uninitiated, inflation refers to the rate at which the average price of goods and services rises. So, needless to say, it significantly impacts the job market. How Does Inflation Impact the Job Market? A Bit of Background […]
Written by Rosie Greaves, LaborIQ Staff Writer on March 8, 2023
The last few years have been pretty turbulent for the labor market. From the great resignation resulting in significant skills shortages, to record low unemployment rates, to our first glimpses of post-pandemic life, so much has happened that we’re waiting with bated breath for what 2023 has in store. Challenges Facing The 2023 Labor Market […]
Written by Rosie Greaves, LaborIQ Staff Writer on March 6, 2023
