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Recruiting and Hiring Winter and Holiday Seasonal Employees
Winter is the busiest time for many organizations. According to the U.S. Bureau of Labor Statistics, retailers added 509,300 jobs during the 2022 holiday season alone. Many employers hire seasonal workers to help manage the demands of the holiday season. For example, online retailers often see a surge in activity around the holidays, as do organizations in hospitality.
Leveraging AI in Employment Decisions: Balancing Benefits and Risks
Organizations are increasingly utilizing artificial intelligence (AI) in employment-related decisions. According to the Society for Human Resources Management, around 25% of organizations use AI for HR processes such as recruitment, hiring, performance evaluations and retention determinations.
Job Openings Fall Slightly, Employee Quits Trend Up in November 2022
The U.S. Bureau of Labor Statistics (BLS) recently released its November Job Openings and Labor Turnover Summary. This month’s report revealed the number of job openings, 10.5 million, changed little from the previous month as the Federal Reserve (Fed) continued its efforts to combat inflation. However, November’s job openings were higher than economists expected.
Job Openings Dropped in October but Remain High
The U.S. Bureau of Labor Statistics (BLS) recently released its October Job Openings and Labor Turnover Summary. The month’s reported number of job openings decreased by 353,000 to 10.3 million as the Federal Reserve (Fed) increased interest rates in an effort to cool the labor market. October’s number of job openings is down 760,000 compared with a year ago, resulting in 1.7 job openings for each unemployed worker.
Year-end HR Activities
The last months of the year are a great time for HR professionals to ensure they’re prepared for everything that needs to be done. It’s also an opportunity to evaluate which HR processes organizations want to take forward into the new year and which to leave behind.
Seasonal Employment
Many organizations rely on seasonal workers to supplement their regular workforce during peak times. This often occurs during busy seasons or holidays, as there’s an influx of business activity. While similarities exist, there are important differences between seasonal and regular employment.
Job Openings Increased in September, Exceeding Forecasts
The U.S. Bureau of Labor Statistics (BLS) recently released its September Job Openings and Labor Turnover Summary. The month’s reported number of job openings increased by 437,000 to 10.7 million, surpassing what economists had forecasted. The September report follows several months of record-high job openings and quit rates.
Job Openings Decrease in August as Employee Quits Remain Over 4 Million
The U.S. Bureau of Labor Statistics (BLS) recently released its August Job Openings and Labor Turnover Summary. The month’s reported job openings fell to 10.1 million in August, compared with 11.2 million in July. The industries with the most significant drops included health care and retail. Openings in August still outnumbered unemployed workers by about 4 million.