Tagged: labor market

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Let’s Stop Calling It Labor: We’re All In The Services Business Now.

The job market is more dynamic than ever, and I think we can stop using the word “labor” to talk about what’s going on. Let me explain.

Government organizations like the Department of Labor, Bureau of Labor Statistics, and even labor unions are named around the concept of people as workers. In the industrial age ... Read more»

Why Service Workers Are Now More Important Than Software Engineers

Here we are, still facing the pandemic, and now we’re in a panic about service workers. Coffee shops, restaurants, and even gas stations can’t find staff, so they’re being “forced” to raise wages. In a recent NYT podcast a hotel owner bemoans how his employees keep asking for more money because “they don’t have the ... Read more»

Understanding The Exciting, New, Disrupted Labor Market

The Labor Market is changing fast. New jobs are being created at a record rate, remote work has now become standard fare, and the demand for service jobs is explosive. According to EMSI, there are 24% more jobs in the US than there were a year ago.

What are all these jobs? They’re in healthcare, ... Read more»

Corporate Talent:  Where the US Labor Market is Going

Corporate Talent: Where the US Labor Market is Going

One of the important things senior business and HR leaders must consider is the availability of labor – that is not just “people” but “the right people.” ┬áRight now, with a 6.1% unemployment rate, the US labor market has undergone some major changes…. and such changes in the availability of work directly affect the skills ... Read more»