Welcome Readers!
In this issue of The Nease Report, you will gain the latest update on job openings, internal updates from our company and a recap on market growth and wage increases throughout YOUR industry!
SUBSCRIBE TO OUR NEW PODCAST!
JOB-SPIRATION: UNCUT
We are excited to announce our new podcast,
JOB-SPIRATION: UNCUT; designed specifically for job seekers! Grab your coffee, notebook, and join Allison and Allyssa every Thursday for an uncut version of job market updates, tips and tricks for your job search!
Premiering Thursday, May 19th, 2022. Podcast available on Buzzsprout or click here.
Tight labor markets and wage growth in the current economy
Labor markets in the US are currently tight, and are generating substantial growth in nominal wages – i.e., those measured in current dollars (not adjusted for inflation). On the other hand, wage growth does not appear to be keeping up with inflation right now, regardless of how the latter is measured.
Whether market tightness will last, and whether workers can expect to enjoy some real (or inflation-adjusted) wage growth anytime soon, is very hard to predict. Still, some facts about our currently tight labor markets, and the wage growth they have or have not generated, can give us insights into how economic policymakers should respond to current circumstances, including high inflation. If possible, we want to help generate more real wage growth for workers – especially for those in low-wage jobs and industries, whose real wages have been mostly stagnant for decades (Groshen and Holzer, 2021).
Click here to read more!
Staffing Agency FAQs
Most people have heard of a temp agency, but do you know how they work? Aside from being completely free to all candidates, the benefits are resounding.
If you’ve had recent changes in employment and are worried your resume is at risk of showing an unavoidable gap, considering a temporary assignment may be the key.
In addition to opportunities that are strictly temporary, some positions may go permanent after you’ve working a required minimum of hours (560) or may start permanently by being chosen within a Direct Hire program. Direct Hire placements typically involve a skill set that is beyond the entry level realm. Whether you are looking for something for a year, a few months, or looking for a long-term career, staffing agencies are a great way to get your foot in the door with a new employer that interests you.
Other desirable aspects of temporary placements:
- Faster than normal hiring process
- Receiving competitive wages
- Broadening your skillset and strengthening your resume
- Opportunity to become familiar with the position, duties and employer before committing long-term
