Job openings drop in Oct., but market remains robust | ADP: Private hiring totals 127K jobs in Nov. | Try these activities to recharge during your workday
Federal Reserve Chair Jerome Powell (Mandel Ngan/Getty Images)
US job openings dropped to 10.3 million in October from 10.7 million in September, according to a Labor Department report that the Federal Reserve is closely watching to gauge how its inflation-fighting policies are performing. "The labor market is cooling (what the Fed wants) but it is far from cold," said Jennifer Lee, an economist at BMO Capital Markets. Full Story: The Associated Press (11/30),Reuters (11/29)
HR is constantly changing, don't fall behind Ensure you are prepared for the evolving world of work with SHRM educational programs. With a wide variety of courses to choose from, there is something for everyone. Find yours today.
ADVERTISEMENT:
Recruiting & Retention
ADP: Private hiring totals 127K jobs in Nov. Private companies added 127,000 jobs to their payrolls for November, well below the 239,000 positions reported in October and the smallest gain since January 2021, according to ADP. The number also fell below the Dow Jones estimate of 190,000. Full Story: CNBC (11/30)
HR is constantly changing, don't fall behind Ensure you are prepared for the evolving world of work with SHRM educational programs. With a wide variety of courses to choose from, there is something for everyone. Find yours today.
Financial wellness offerings benefit employers, staff Employers can help reduce staff members' financial stress and support their peace of mind by offering financial wellness education and resources through the workplace. A survey report from TalentLMS found that retirement planning, investment programs and emergency savings topped the list of offerings in which respondents were interested, with 78% saying employer-based financial wellness support was important to them, and 61% saying they were more likely to stay in their current positions if such resources were available. Full Story: BenefitsPRO (free registration) (11/29)
Technology
Opinion: A lack of diversity in STEM is dangerous Diversity in STEM fields is critical to mitigate the potential for bias based on gender, race and other factors, writes Calvin Mackie, founder of the nonprofit STEM Global Action, which promotes STEM education for underserved students. In this commentary, Mackie points to reports that have shown that tools and technologies developed without diversity of humans in mind, such as pulse oximeters and seat belts, can be dangerous. Full Story: Forbes (tiered subscription model) (11/29)
The HR Leader
What is missing from performance reviews? Performance reviews have not evolved with the workplace to acknowledge bias and to emphasize the influence of knowledge work, remote models and collaboration, writes Confirm CEO and co-founder Josh Merrill. Merrill describes how his company leverages data to address these gaps, using quick online surveys and questions such as, "Who at the company do you go to for help and advice?" Full Story: Employee Benefit News (free registration) (11/29)
SmartBreak: Question of the Day
POLL QUESTION: Which of the following is the most popular way to read a book in the US? Read Pew Research Center's survey here.
Anyone else need a boost of energy today? Then try one of the resilience practices in today’s Leadership & Development story from Entrepreneur. I did the Legs up the Wall one. It worked! I looked ridiculous. (The roommate walked in while I was laying on the ground. “OK,” he muttered as he walked away shaking his head.) But when I got up off the ground, I did feel different. I’m going to give it another try later this afternoon. If you do it, be sure to put your timer on, put your phone away and close your eyes. I took a couple Slack messages while I was in the position and that defeats the purpose. Let yourself relax. Put music on if it helps. I had my Christmas candles going. This time of year saps energy. I know I’m feeling it. Burnout is coming in hard and fast. I know I have to take care of myself or risk getting sick. This Legs up the Wall exercise will be a nice way to break up the workday and rejuvenate myself. Let me know if you try one of these, or if you have another practice you use to stay energized through the holidays. And if you enjoy this brief, tell others so they can benefit also.
Sharing SmartBrief on Workforce with your network keeps the quality of content high and these newsletters free.
