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Pandemic Toll – Six Recommendations for Improving Employee Experience and Organizational Culture

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Pandemic Toll – Six Recommendations for Improving Employee Experience and Organizational Culture

NEW YORK, Sept. 30, 2021 – The pandemic dramatically changed how, when, and where work gets done. And while a majority of businesses reported that productivity increased as employees settled into working remotely, for many, it came at the expense of the employee experience: Employee burnout, time spent in meetings, and the number of employees […]

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Markets suffered in September, but October holds promise

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Markets suffered in September, but October holds promise

MANHATTAN (CN) — A perfect storm of negative news pummeled investors this week, as markets closed out the typically volatile month of September on a sour note with potential for a better Octoberon the horizon. The decline on Wall Street began early in the week: On Tuesday, the Dow Jones Industrial Average fell 571 points […]

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American wage and job growth to chill this fall, warm by year-end

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American wage and job growth to chill this fall, warm by year-end

American wage growth in 2021 has been the most robust in 20 years, spurred by economic reopening as workers get vaccinated, according to economic research group The Conference Board. But that may be about to change. That spurt of American wage growth may be about slow despite continued labor shortages in some businesses and the […]

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In-Person Workers Slow to Return to Jobs, Data Shows

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In-Person Workers Slow to Return to Jobs, Data Shows

This report from Stateline, an initiative of the Pew Charitable Trusts, detailed show in-person workers, those who cannot telecommute, are reluctant to return to work as the COVID-19 pandemic continues. By Tim Henderson, Stateline, an initiative of The Pew Charitable Trusts — Donald Trinks is seeing both sides of the labor problem in his restaurant: […]

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Consumer Spending Decline An Ominous Sign COVID-19 Ravaged US Economy Is Weakening

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Consumer Spending Decline An Ominous Sign COVID-19 Ravaged US Economy Is Weakening

Sept. 9, 2021 — A 2.7 percent consumer spending decline is yet another ominous sign the COVID-19-ravaged US economy is in trouble. The report comes just as millions have lost extended federal unemployment benefits, joining millions more in Republican-led states that cut off enhanced unemployment benefits early. The consumer spending decline comes after last week’s […]

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Half of employers to require vaccination, Delta sparks doubts over workplace return

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Half of employers to require vaccination, Delta sparks doubts over workplace return

The number US employers requiring Covid-19 vaccinations is set to surge as concerns about the Delta variant grow, according to a survey by Willis Towers Watson. It found 52% of US employers could have one or more vaccine mandates in the workplace by the fourth quarter. Right now, only 21% require vaccinations. These range from […]

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Returning To The Workplace – 43 Percent Of US Workers Question The Need

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Returning To The Workplace – 43 Percent Of US Workers Question The Need

More and more offices plan to reopen their doors in the coming months, but will their workers show up? Amid higher productivity, 43 percent question the wisdom of returning to the workplace at all. The new survey by The Conference Board reveals a notable shift in employees’ greatest return-to-work concerns. Once dominant fears of contracting […]

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The COVID-19 pandemic is giving workers leverage over employers. How long will it last?

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The COVID-19 pandemic is giving workers leverage over employers. How long will it last?

WASHINGTON — It was only five years ago that Taquasia Mason started her working career at a McDonald’s in Durham, N.C., grateful to find even a job that only paid the legal minimum of $7.25 an hour.But thanks to the pandemic, Mason’s prospects, and her leverage, have vastly improved. Earlier this year, the 22-year-old high school […]

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As the COVID pandemic ravaged the nation in 2020, hires and turnover reach record highs

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As the COVID pandemic ravaged the nation in 2020, hires and turnover reach record highs

Data from the Job Openings and Labor Turnover Survey (JOLTS) highlight the effects of the coronavirus disease 2019 (COVID-19) pandemic and the results of efforts to mitigate its spread in 2020. With the challenges of the pandemic, many of the JOLTS data elements experienced shocks early in the year before returning to previous trends. Data […]

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Job Markets Improving Across Advanced Economies

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Job Markets Improving Across Advanced Economies

Australia, Italy, and Germany Lead a Month of Robust Recovery Following the devastation of the Great Recession, job markets around the world are finally showing signs of life. Job markets improving in a number of advanced economies, according to a new report, according to unemployment rates and employment growth data compiled and standardized by The […]

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