US job openings unexpectedly rose by 374,000 to 7.769 million at the end of May, surpassing economists' expectations of 7.30 million, with 1.07 jobs available for every unemployed person compared to 1.03 in April, according to the Labor Department's JOLT report. Despite this increase, overall hiring fell by 112,000, and economists pointed to ongoing trade policy uncertainty and volatile business conditions as reasons for a slowdown in labor market momentum. Economists suggest that, given these mixed signals, the Federal Reserve may hold off on cutting interest rates until September. Full Story: Reuters (7/1)
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Recruiting & Retention
What to do when an employee wants to leave but doesn't Use microlearning programs and short workshops to determine if a disengaged employee wants to leave and is misaligned with company values, according to learning management system Litmos. "If an employee's actions routinely contradict your organization's mission, no training course is going to fix that," says Litmos Chief Learning Officer Jill Stefaniak, who adds employees who want to switch to another employer but can't because of the economy can cause damage to the rest of the company workforce. Full Story: WorkLife (7/1)
Total rewards strategies redefine employee compensation Employers are increasingly adopting total rewards strategies that integrate salary, benefits, growth opportunities, and well-being initiatives. Driven by employee demands for purpose and flexibility, as well as regulatory requirements regarding equity and pay transparency, these creative compensation approaches aim to increase engagement and retention while managing costs. Full Story: HR Grapevine (7/2)
Path to Workforce
Community colleges central to N.C.'s workforce plan North Carolina Gov. Josh Stein has announced a workforce development initiative to increase access to jobs that do not require a four-year degree. The initiative will focus on community college programs with the goal of helping residents obtain certificates and credentials that appeal to businesses. Full Story: WCNC-TV (Charlotte, N.C.) (6/30)
The HR Leader
SHRM's Taylor predicts "another monster year" HR professionals will face "another monster year," says President and CEO of SHRM Johnny C. Taylor Jr. Among the challenges are restoring civility in the workplace, upskilling for all ages, and helping people adapt to AI so they don't lose their livelihoods. Full Story: HR Dive (7/1)
SmartBreak: Question of the Day
Atlanta Baptist College installed its first black president, John Hope, in 1906. What is the present-day name of the college?
