August job growth fell slightly short of expectations, coming in at 315,000. After last month's job growth (revised down to 526,000) far exceeding expectations, this month's slower growth can be seen as a good sign for those watching the Fed's moves to stem inflation. While hiring might have slowed, job openings rose to 11.2 million in July. With unemployment rising to 6 million, there are still 1.86 jobs available for every person unemployed.
To overcome the shortage of drivers, it is crucial that we understand and be able to counter the objections that young people have to the profession. Today, we will review these issues that may keep young people from joining this important profession.
Wellness programs can reduce your company's healthcare costs and improve retention and recruitment. Today we will look at wellness programs, their benefits to carriers, and what you can do to combat the health issue stereotypes.
There are several concerns expressed by women related to becoming CDL drivers which have proven to directly correlate to the difficulty in recruiting this demographic. Understanding these objections can help companies develop programs to alleviate issues and help recruiters combat these objections to increase hiring.
July job growth far exceeded expectations. Job growth was expected to slow in July, falling below the average increase seen over the last several months due to the Fed's aggressive efforts to stem inflation, but this was not the case. Non-farm payroll rose by 528,000. While payroll is increasing, job openings decreased by 10.7 million, according to the June Job opening and Turnover Survey.