April 2024 - Mid-Month Employment Update

The Leadership Corner – Your Pulse on Employment

Of the reported 303,000 jobs added in March, the industry’s leading the hiring charge are as follows: Health Care added 72,000 jobs; Government added 71,000; Leisure and Hospitality added 49,000; and Construction added 39,000 jobs. These 4 industries added 231,000 of the 303,000 jobs last month. (BLS)

The U.S. manufacturing industry could see a net need for as many as 3.8 million jobs?between 2024 and 2033 as significant investment continues to drive growth. (Deloitte)

72% of CEO’s surveyed expect to increase wages by 3% or more over the next year. (Conference Board)

The desire to remain in a remote position is so strong that more than a third (36%) of respondents say there is no perk their company could offer to justify a full-time return to the office. (myperfectresume)

Fastest growing counties in America in Net Migration 2023: #1 Polk County, #4 Pasco County, #11 Hillsborough County, #34 Sarasota County, #48 Hernando County, and #77 Pinellas County. (Bizjournals – subscription required)

Credit card performance further deteriorated at the end of 2023, with firms recording the worst 30+, 60+ and 90+ account-based days past due levels in the reporting series. (Philadelphia Fed)

Heard In the Interview – Comments from Employees Looking for Work

“I want to work where I don’t have anyone breathing down my neck.”

“I will do anything; I am willing to be trained. I just don’t want to do anything too taxing.”

“What do I do if I don’t have time to work?”

Newsflash – National Employment News Floridians Should Know

-????????? US employers announced plans to add 36,795 positions in the first quarter, a 48% decrease from the 70,638 hiring plans announced during the same period last year. This is the lowest number of announced hiring plans since 2016 when employers planned to hire 26,898 workers in the first quarter. (Challengergray)

-????????? California - ?CA Assembly 2751 - This bill would require a public or private employer to establish a workplace policy that provides employees the right to disconnect from communications from the employer during nonworking hours, except as specified. (California Workplace Law Blog)

-????????? Minnesota - The state of Minnesota is starting a new Paid Leave program for employees who are unable to work due to serious health conditions, due to a need to care for a family member or new child, or due to certain military-related or personal-safety-related qualifying events. Paid leave benefits won’t be available to employees until 2026 but reporting obligations begin on July 1, 2024. (Lexology)

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