|
Nonfarm payroll employment increased by 73,000 and the unemployment rate changed little from 4.1% in July. Healthcare and social assistance continued to see job gains as decreases continued in federal government.
The labor force participation rate changed little at 62.2%. Average hourly earnings rose by 12 cents (0.3%) to $36.44. The average workweek edged up by 0.1 hour to 34.3 hours.
According to the American Staffing Association, temporary help employment was 1.58% of total nonfarm employment in June. |
|
- Healthcare and Social Assistance: +73,300
- Financial Activities: +15,000
- Transportation and Warehousing: +3,600
- Construction: +2,000
- Government: -10,000
- Manufacturing: -11,000
- Professional and Business Services: -14,000
|
| Revisions of nonfarm payroll employment for May and June were larger than normal, resulting in a cumulative change of 258,000 fewer jobs than initially reported. For more information, visit BLS.gov. |
|
|
Not Today, AI: Despite Corporate Hype, Few Signs That the Tech Is Taking Jobs—Yet
NBC News – Aug. 8, 2025
Despite the buzz around AI, there's little evidence it's currently driving widespread job losses. AI is cited by some companies as a reason for layoffs, but most job cuts are still driven by broader economic factors. Experts say AI’s larger impact may come during the next economic downturn, but it could also create new jobs. |
No One Has Office Friends Anymore. Why That’s Bad News for Employers
Fast Company – Aug. 11, 2025
Workplace friendships are fading as only 20% of employees report having a best friend at work. A lack of workplace friendships leads to lower job satisfaction, collaboration, and retention. Remote work, digital communication, and a focus on individual performance are roadblocks to developing relationships, but these bonds are essential for employee well-being and business success. |
Global Salary Growth Slows but Stays Above Inflation
Insurance Business Mag – Aug. 7, 2025
Globally, salary growth has slowed, falling short of earlier projections, yet remaining above inflation in many regions. In the U.S., employers expected a 3.9% salary rise but increases averaged 3.5%. Economic uncertainty and cost pressures are prompting employers to revise compensation strategies with benefits like career development and flexible work options. |
|
|
|
New Survey Reveals a Shift in Sentiment as Companies Weigh Caution Against Opportunity
ExpressPros.com – July 23, 2025
Many U.S. employers are taking a hard look at their hiring plans, and what they see is prompting a more cautious approach. A new survey conducted by The Harris Poll on behalf of Express Employment Professionals reveals that while most hiring managers (78%) still feel positive about their company’s hiring outlook for the remainder of 2025, that optimism has dimmed since last fall, when 84% felt confident. At the same time, concern is growing: 37% now express a negative outlook, up from 30% just months ago.
Behind these shifting sentiments lies a more restrained hiring strategy. Only 58% of companies plan to increase their workforce in the second half of the year, a noticeable drop from 63% in the fall of 2024. One-third of employers expect to hold steady, while 7% anticipate cutting back. |
Nobody Wants to Be a Supervisor Anymore—Here’s Why That Should Terrify Companies
ExpressPros.com – July 9, 2025
Express Employment Professionals announces the release of a new white paper, “Strained, Stressed, and Stepping Away: The Supervisor Crisis and What Employers Must Do Now,” which explores the growing leadership vacuum in American workplaces and the high cost of failing to support frontline supervisors.
As companies face increasing turnover, rising workplace toxicity and a shrinking pipeline of future leaders, this new research, developed in partnership with The Harris Poll, reveals a troubling disconnect between what supervisors need and what employers provide. |
|
|
|
