Jobless claims aren't as low as they seemed

"In a single week of March 2020, more than 6 million people filed jobless claims, one of 10 weeks in a row in the millions — completely outside any historic norm. This created a distortion of the math the Labor Department does to correct for the usual seasonal ebbs and flows in the data." #jobless #data #workforcemanagement

Jobless claims aren't as low as they seemed

New seasonally adjusted data implies the job market isn't as extraordinarily tight as was originally implied.
Korn Ferry Connect

Comments

Post a Comment

Popular posts from this blog

Get Ahead of the Game: Hiring Trends to Watch Out for in 2023

Preface In today's fast-changing job market, it's crucial for recruiters and hiring managers to stay up-to-date with the latest trends and developments. With the ongoing pandemic and rapid advancements in technology, the landscape of hiring has undergone significant changes in the past few years. In this article, we'll take a look at the top hiring trends to watch out for in 2023. Virtual recruiting and remote work The pandemic has accelerated the shift towards virtual recruiting and remote work, and this trend is expected to continue in 2023. Companies are increasingly adopting virtual recruitment strategies, such as video interviews and online job fairs, to attract and assess candidates from anywhere in the world. Remote work has also become more common, with companies offering flexible work arrangements to attract and retain top talent. Skills-based hiring and upskilling As technology continues to transform the job market, skills-based hiring is becoming more prevalent. ...
Read more

Nearly everyone has had to endure a pointless...

Nearly everyone has had to endure a pointless work meeting at some point in their careers. For some workers, it’s a chronic issue. But a new survey indicates that efforts to improve the problem in the post-pandemic era have failed. The situation may even be getting worse. We'd like to know, how do you handle unnecessary meetings? Read more: https://krnfy.bz/40MaDZV #meetings #careers #productivity #teamwork #timemanagement Nearly everyone has had to endure a pointless... Nearly everyone has had to endure a pointless work meeting at some point in their careers. For some workers, it's a chronic issue. But a new survey indicates that efforts to improve the problem in the post-pandemic era have failed. The situation may even be getting worse. We'd like to know, how do you handle unnecessary meetings? Read more: https://krnfy.bz/40MaDZV {hashtag|\#|meetings} {hashtag|\#|careers} {hashtag|\#|productivity} {hashtag|\#|teamwork} {hashtag|\#|timemanagement} Korn Ferry Connect
Read more