HR Signal?

U.S. Labor Market Update: Jobless Claims Hit a Seven-Month Low ?? Encouraging news from today's U.S. Department of Labor report: ?- Seasonally Adjusted Jobless Claims: Dropped by 6K to 213K, the lowest since April ?- 4-Week Moving Average: Dropped by 3.8K to 218K, reflecting steady improvement ?- Insured Unemployment Rate: Edged up slightly to 1.3% ?- Continued Claims: Rose by 36K to 1.9M, the highest since November 2021 Despite some mixed signals, the labor market remains strong, with new claims dropping below economists' expectations of 220K. While longer job searches point to challenges for some, initial claims are at historically healthy levels. These numbers tell a story of market resilience, although the rise in continuing claims suggests a shifting landscape for job seekers. It’s a dynamic worth watching closely as business leaders and HR professionals develop their strategies for the coming year. ?? Check out the full report here: https://lnkd.in/gcGh-G4 #LaborMarket #JoblessClaims #UnemploymentData #EconomicTrends #JobMarket

? Great news! Additional seats are now available for our sold-out AI in HR deep-dive with ERC. Here's your chance to join us on Nov. 14th.

The Future of HR is Here | SOLD OUT EVENT One week from today, we're exploring how AI is fundamentally reshaping Human Resources practices and capabilities. Join HR Signal?'s President & Co-founder Andrew Spott for an executive deep-dive into AI's transformation of HR. ?? Nov. 14th | 9-11 AM ?? ERC Training Center, Beachwood, OH ?? In partnership with ERC For those who couldn't secure a spot, follow HR Signal and ERC to stay informed about future events on HR innovation. To our sold-out audience: Thank you for the overwhelming response - it shows just how crucial AI's role in HR has become. See you next Thursday! More details about the event here: https://lnkd.in/gaBcRhft #AIinHR #HRTech #FutureOfWork #HRInnovation #OhioHR #AIforHR #HRSignal #ERC

Private Sector Employment Surged in October, Exceeding Expectations ADP's October National Employment Report showed a robust increase of 233,000 private sector jobs added, the fastest growth since July 2023. Key highlights: - Broad-based gains across nearly all sectors, with only manufacturing seeing a slight decline. - Annual pay growth remained solid at 4.6% year-over-year, supporting consumer spending and confidence. This strong performance showcases the resilience of the economy, even as it continues to recover from recent challenges including multiple hurricanes. The positive results bode well for continued economic expansion in the months ahead. Read the full report here: https://lnkd.in/dGxDCx6 #Employment #EmploymentGrowth #Economy #ADPReport #NationalEmploymentReport #JobMarket

AI is transforming HR, and we're thrilled to be at the forefront! Join us on Nov. 14th in partnership with ERC as HR Signal's President & Co-founder, Andrew Spott, shares how AI is changing the work of HR. Don’t miss out! #HRTech #FutureOfWork #HRSignal #ERC #AIforHR

Employer Optimism Shows Positive Hiring Trends for Q4 2024 Employers are showing increased confidence in hiring this quarter, according to the latest Employment Outlook Survey by ManpowerGroup. The survey of over 6,000 U.S. employers reveals a Net Employment Outlook (NEO) of 34%, a 4-point increase from Q3. This means more companies are planning to hire than reduce staff - a fantastic sign for the economy. Backing this optimism, last week’s data from the Bureau of Labor Statistics showed total nonfarm payroll employment surged by 254,000 in September, far exceeding expectations of 142,500. The unemployment rate also dipped to 4.1% from 4.2% in August, indicating a strengthening labor market. While the current unemployment rate is slightly above the 3.8% mark from last year, the recent decline eases concerns about a potential slowdown. It's an encouraging indicator as we move into the final quarter of the year. Access the full survey below or at this link: https://lnkd.in/ejqWeqQm #HiringTrends #LaborMarket #EmploymentOutlook #HRInsights #JobMarket #Q42024

Just Released: 2024 Private Equity Talent Trends Report We've partnered with ON Partners to deliver cutting-edge insights on PE talent trends. Our AI-powered Workforce Insights Engine, combined with ON Partners' first and third-party data, reveal how Private Equity firms are approaching talent strategies in today's dynamic market. From surging demand for operational expertise to evolving compensation strategies, this report equips PE firms with the knowledge to stay ahead. ?? Get the full report here to arm yourself with data-driven strategies for navigating the new PE talent landscape: https://lnkd.in/ebTADH-P #PrivateEquity #PE #GrowthEquity #Talent #WorkforceInsights #CEOTrends #HRSignal #ONPartners

We're excited to share the first report coming from our collaboration with ON Partners! Check out the Private Equity Talent Trends report to see insights at the intersection of ON's first and third-party data combined with HR Signal's Workforce Insights Engine. #privateequity #pe #growthequity #talent #workforceinsights #ceotrends #hrsignal #onpartners

Don't forget - HR Signal will be live at JumpStart Ventures' Ohio VC Fest tomorrow! ?? When: September 17-18 ?? Where: Huntington Convention Center, Cleveland If you're attending, don’t miss the chance to stop by our booth in the Demo Hall and explore how our real-time predictive AI is helping companies: ?- Retain top talent proactively ?- Energize career development ?- Strengthen talent growth strategies We’ll also be giving a first look at our exciting new product that’s set to transform talent sourcing! We can’t wait to meet innovators, entrepreneurs, and investors. See you there. More here: ohiovcfest.com #OhioVCFest24 #NetworkingEvent #HRSignal #HRTech #Startups #Cleveland

Ever feel like you’re applying to jobs that don’t really exist? ?? You might be right! The latest MyPerfectResume survey reveals 81% of recruiters admit to posting "ghost jobs" - positions that don’t exist or are already filled. Why? Here’s the breakdown: ?- 38% are testing the market for hard-to-fill roles ?- 38% want visibility on job boards (even when not hiring) ?- 36% are testing their job descriptions ?- 26% are building future talent pools ?- 25% are assessing how hard it would be to replace employees With Halloween approaching, these ghost jobs are a bit too on-theme, right? ?? But don’t get spooked! Here’s how to navigate the haunted job market: ?- Treat every application as a chance to stand out and build connections ?- Use LinkedIn to reach hiring managers directly ?- Focus on relationships and stay positive—your dream job might be behind a ghost posting ?? Pro tip: The best jobs aren’t always posted, so keep networking! Want the full scoop? Read the report: https://lnkd.in/eA7VS8BW #JobHunt #CareerTips #RecruitingTrends #GhostJobs #NetworkingWorks #CareerAdvice