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Employment Summary for November 2018

The spirited pace of job growth that the U.S. reached in October turned out to be unsustainable for November: In its latest edition of the Employment Situation Summary, the Bureau of Labor Statistics confirmed a total of 155,000 nonfarm payroll jobs created for the month, a decline of almost 100,000 from October's numbers. NPR pointed out that November's figure was considerably below the 190,000 new jobs economists had projected during the month. Alongside some other signs of uncertainty - major stock-market fluctuations during the week of Dec. 3 and projections from regional Federal Reserve offices that were all over the map in terms of outlook - the newest BLS statistics could spark some c

How to Modernize Your Employee Review Practices

In today’s lean, fast-changing world, traditional business practices are being shaken up. Many companies are reviewing their long-held traditions in favor of more agile, responsive ways of improving the employee experience. They are giving more consideration to the physical environment employees work in as well as the practices, technologies and tools that encourage productivity. Changes include providing employees with flexibility to work from home more often, and leveraging technology like Skype for Business or Yammer to better communicate and share information among team members, and even the entire organization. The long-standing practice of annually evaluating employees based on their p

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