Tagged: jobs

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Hot Jobs Report Shows A New Economy And Why CHROs Are Key To Growth

In this podcast I discuss the Q1 2024 jobs report and what it tells us about the post-industrial economy. I also not that CHRO pay is rising, talent intelligence is taking over core HR technology, and AI is not, despite John Stewart’s monologue, taking all our jobs away. Lots to think about here, some important ... Read more»

Are You Ready For This New Go-Go Economy?

The American economy has transformed itself. Covid-19 was first identified in January of 2020, four years ago. And despite the peak unemployment of 14.7% in Spring of that year, the US economy is now booming. Here’s the evidence:

Bloomberg reports that 80% of the S&P 500 Index companies reported earnings above plan, exceeding the ten ... Read more»

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Jobs, Jobs, Jobs, And More Jobs. What’s Up With The Economy?

This week we saw the US unemployment rate drop to 3.4%, a 53 year low. Yet many large companies are announcing layoffs. Is this “the big shift” from Tech to Retail, Hospitality, Healthcare, And Travel? Or is this just the new normal: too many jobs and not enough people? In this podcast I’ll explain what’s ... Read more»

We Are Becoming A PowerSkills Economy

Everyone keeps talking about the economy these days. Interest rates are rising, inflation feels out of control, and there’s a hint of recession in the air. Yet job growth remains strong and unemployment is low. What’s really going on?

After years of study and hundreds of conversations with business leaders, I’ve come to a ... Read more»

The Hot Labor Market Has Almost Become A Crisis

Unbelievable. After four months of worries about a recession and a steady increase in interest rates, today the BLS reported that 528,000 jobs were created and the unemployment rate dropped to 3.5%. This is the lowest it has been since 1969, a year when I was in middle school.

And at the same time ... Read more»

It Doesn’t Look Like A Recession To Me

I’ve had many conversations with business and HR leaders about the economy in the last few weeks, and many are worried about a downturn. I just don’t see it happening.

Today’s job numbers were pretty impressive. The US unemployment rate remains at 3.6%, 372,000 jobs were created, and forward-looking segments like professional services, research, ... Read more»

Haphazard Organization Design Is Holding Companies Back From Growth

Just released. New Research on Designing Jobs for the Future of Work.

Every day there’s another roadblock to growth. Inflation at nearly 8%, a war in Eastern Europe, more jobs than we have people, and employees leaving companies in droves.

As part of our Global Workforce Intelligence Project we’ve been interviewing CHROs in healthcare, ... Read more»

Introducing The Global Workforce Intelligence Project

Today we’re introducing one of the most exciting projects I’ve worked on in my career: the Global Workforce Intelligence (GWI) Project. This is a massive initiative we started over the last year to understand the new jobs roles, skills, and career pathways in every major industry around the world.

It’s a big project, and ... Read more»

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Introducing The Global Workforce Intelligence Project (GWI)

We’ve entered a new world of work. Jobs, skills, and organizations are changing faster than ever. And it’s all because of what we call “Industry Reinvention.”

If you want to learn all about how jobs, organizations, and skills are changing, join our Global Workforce Intelligence project. In this podcast I explain what’s going on and ... Read more»

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Recruiting And Retention In Crisis. How Do We Build Trust, The Most Benefit Of All?

How do we attract, recruit, and retain people in this difficult labor market? Raise wages? Improve career options? Spend money on training? The answer is yes – all these things. But there’s something more.

In this podcast I talk about the new Edelman Trust Index and what it tells us about trust, and how you ... Read more»

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Too Many Jobs, Not Enough People. Why Is The Workforce Changing So Fast?

In this podcast, I discuss the biggest talent issue of the year: the tremendous need for people. As the unemployment rate plummets and it becomes harder to hire, we have to ask ourselves “why is this happening” and “what can we do differently?” The answer is not just raising wages and improving employee experience: there’s ... Read more»

Welcome to 2022: Too Many Jobs, Not Enough People

Welcome to 2022. The job market is a bit crazy and we’re in for one of the most dynamic years in our lives. Let me try to explain what’s going on.

First, let’s discuss the Great Resignation (which I call The Great Migration). People are quitting their companies, changing careers, and upgrading their jobs ... Read more»

The Job Market Is Going Crazy And It’s Going To Get Worse. How Do We Recruit?

The labor market has gone a bit crazy. In the United States, there are more than 161 million people working and 15.7 million jobs open. This means that roughly one in 10 seats in your office are empty, and you’re competing with everyone else for staff.

Adding to this frenzy, the job creation continues. ... Read more»

Want To Prepare For Jobs Of The Future? Join The Hybrid Revolution.

We all know how automation, AI, and digital tools have changed our jobs. We spend more than a quarter of our time on e-mail, we have to juggle dozens of passwords, and we spend more than four hours a day on our phones. But how has all this technology impacted our jobs and ... Read more»