What Does 3.6% Unemployment Mean For Employers and Job Seekers?

The tight labor market is forcing employers to be more creative in attracting top talent and puts job seekers firmly in the driver’s seat. The October 2019 report of the Bureau of Labor Statistics (BLS) shows that unemployment remains at 3.6%. This marks the 20th month of unemployment being below 4%. The state of California,… Read more »

Manufacturing Labor Pains Continue

A study made by Tooling U, a training subsidiary of the Society of Manufacturing Engineers (SME), said it’s time for manufacturing employers to pay better attention to the workforce crisis that is taking place within the industry. It was already reported last year that 2.4 million manufacturing jobs are expected to stay unfilled over the… Read more »

ABC Test Passed Into Law… What Happens Now?

  With the passage of AB-5 into law, businesses need to review if the workers they engaged as Independent Contractors meet the standards of the ABC Test. On September 18, 2019, the state of California passed Assembly Bill (AB) 5 into law, which uses the ABC Test as the standard for classifying workers as independent… Read more »

Debunking 5 Myths About Contract Employment

Due to news coverage of Google’s treatment of contract workers, contract employment has developed a negative impression among job seekers We address the Top 5 misconceptions about working as a contract employee In 2019, news outlets such as the New York Times and Bloomberg have written about contract workers being treated as “second-tier” employees in… Read more »

How Much Does Your Employee Truly Cost?

Employees can cost a business 18-26% more on top of their base salary in taxes and benefits Last January 31st, employers across the U.S. have distributed their employees’ W-2 form which states their wages and tax withholding. What those W-2 forms don’t show are the employer’s contribution towards taxes and benefits that they pay on… Read more »

Why Is It So Hard To Hire Mechanical Engineers?

  Engineering talents are scarce, yet surprising data shows that hiring Mechanical Engineers takes the longest compared to their counterparts. With unemployment hovering under 4%, hiring in general is difficult – and hiring for Mechanical Engineers is even more challenging. In a study made by Workable.com, engineering jobs take the longest time to fill. In… Read more »

Manufacturing Workforce Issue: 2.4 Million Jobs Expected To Stay Unfilled

In Part 1 of our Manufacturing Workforce spotlight, we highlight the main issue that’s causing the workforce shortage in manufacturing: The pending retirement of Baby Boomers and the disinterest among Millennials to pursue careers in manufacturing.  In Part 2 of this series, Technology Review highlights the other issues that are causing the decrease in hiring… Read more »

Tight Labor Market = Unconventional Benefits On The Rise

In a historically tight labor market, employers are trying to compete in hiring (and keeping) top talents by offering more unconventional benefits. Multiple studies have confirmed that what drives workers to shift jobs are for benefits that promote a better work-life balance, rather than just for better pay. In a Glassdoor.com survey on the importance… Read more »

January 2018 Adds Most Jobs In 17 Years

As the economy continues to swing upwards in workforce participation, this article from Manufacturing.net discusses the record-high in job vacancies the U.S. is currently experiencing and its effects on businesses’ hiring strategies: U.S. employers sharply ramped up their demand for workers in January, advertising 6.3 million jobs at the end of the month, the most… Read more »

How To Find Passive Engineering Candidates

With the national unemployment hovering at or below 4%, finding passive candidates for technology jobs has become the obvious path among very few options. So how does one go about finding these elusive passive candidates? Understand Motivation Passive candidates are, by definition, not actively looking for a new job. Something has to prompt them or… Read more »