Government services companies have a renewed focus on organic growth, cutting-edge technologies and a normalizing labor market. … READ MORE >
labor market
Initial jobless claims spike to highest level since December
New claims for jobless benefits last week came in hotter than expected at 211,000, significantly higher than the 190,000 of the previous week. … READ MORE >
Consumer confidence drops as outlook darkens
The Conference Board’s confidence index dipped to 100.2 in November from 102.2 in the prior month, significantly below the pre-pandemic level at 130. … READ MORE >
RSM US Supply Chain Index returns to pre-pandemic level
Our RSM US Supply Chain Index pointed to supply efficiency for the fourth month in a row, reaching 0.49 standard deviations above neutral in October. … READ MORE >
Housing starts and initial jobless claims give Fed mixed signals
The housing market continued to cool, but not the labor market, government data showed. … READ MORE >
Law firms are feeling pressure despite steady growth in demand and rates
Despite steady growth in demand for law services and lawyer billing rates in the first quarter of 2022, labor market challenges and inflationary pressures threaten profitability. … READ MORE >
Chart of the day: Job openings surpass 11 million in back-to-back months
The scramble by employers to find workers continued amid a historically tight labor market in January, as employers reported 11.3 million job openings for the month. … READ MORE >
Government services contractors continue to contend with labor issues, pandemic fallout
While government services contractors battle a tight labor market and ongoing supply chain disruptions, they emerged from the third quarter of 2021 excited for advances in digital warfare and the future of defense. … READ MORE >
Consumer products holiday season countdown: Help wanted
All industries are grappling with labor shortages and the retail sector is no different. … READ MORE >
Labor market update: Signs of normalization as long-term challenges persist
The labor market is showing signs of optimism that might best be described as hedging its bets—confident that the vaccination program will eventually allow the reemergence of the normal workplace, but recognizing that it may not take just a snap of the fingers to get there. … READ MORE >