Our spring outlook examines how manufacturing companies can thoughtfully incorporate robotics into their business models, lessons learned from the auto industry when it comes to automation, the oil and gas workforce landscape, and the labor implications of elevated capital expenditure investments. … READ MORE >
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Changing work patterns in the middle market: An MMBI special report
COVID-19 has had a wide range of effects on how middle market businesses conduct operations. Although many of the innovations that companies instituted to deal with the pandemic were meant to be stop-gap measures, some of these initiatives are now here to stay. Read RSM’s new Middle Market Business Index special report on these issues. … READ MORE >
Staffing firms thrive amid wage inflation and labor shortages
Resilience in combatting the labor shortage is among five trends that came to light during third-quarter earnings calls hosted by executives of workforce solutions firms. … READ MORE >
Initial jobless claims fall for third straight week as labor shortage continues
New filings for unemployment benefits beat estimates with a decrease of 6,000 for the week ending Oct. 16, reaching 290,000 initial jobless claims. That’s the lowest level since March 14, 2020, according to a report from the Department of Labor on Thursday. … READ MORE >
Canadian law firms are losing talent to more lucrative U.S. jobs. How can they stop the exodus?
The red-hot labor market for lawyers in the United States is magnetizing Canadian lawyers eager to join their American counterparts on the quest for lucrative wage increases at U.S. firms. Canadian firms, meanwhile, have been slower to react with widespread wage adjustments, but we expect that to change in the coming months. … READ MORE >
Inflation and small firms: The restaurant squeeze is on
The recent surge in inflation is now a significant issue for smaller firms, and nowhere is this more evident than in the restaurant industry. … READ MORE >
Four ways retailers and restaurants can manage current inflation and labor pressures
Consumer demand is high and the opportunity exists for a strong holiday retail and restaurant season. However, these sectors are facing two significant headwinds: inflation and challenges finding qualified labor. … READ MORE >
3 things to know in energy: OPEC+ stalemate, carbon capture, labor shortages
Biweekly, we highlight three things going on in the energy industry that we think you should know about. Here’s the latest. … READ MORE >
Labor market improvement is not a one-way street: jobless claims increase to 412,000
First-time jobless claims increased to 412,000 for the week ending June 12, from a revised 375,000 previously, the government said on Thursday. However, the top-line increase remains well below the 529,200 13-week moving average within the series, implying that conditions for further improvement remain intact. … READ MORE >
3 things to know this week in energy: Oil prices spike, workforce diversity, Inter Pipeline
Biweekly, we highlight three things going on in the energy industry that we think you should know about. Here’s the latest. … READ MORE >