Intro: Monday Coffee Blogs are now < em>Monthly< /em> Coffee Blogs. We may have gotten a bit over-caffeinated, but don’t worry, you’ll still get all the latest job numbers. We’ll still kick your Monday mornings off right with weekly coffee facts in between blogs. This month we enjoyed the smooth brews at Rowsters Coffee.
< strong style="background-color: transparent;">Coffee Shop: Rowster Coffee
< strong style="background-color: transparent;">Drink: Vanilla Latte
< strong style="background-color: transparent;">Our Review: You’d think a coffee shop that runs their own roastery would be pretentious but not Rowsters. This little shop is down to earth while serving up top-notch coffee. We couldn’t help but relate to this at Workbox; we’ve been shaking up what you think you know about staffing agencies since 1997. This latte is a great sidekick for job searching; it’s like a small but mighty < strong style="background-color: transparent;">Tony Robbins motivating you to fill out one more application. If you look closely, you might just see his reflection in this delicious brew cheering you on. You’re gonna crush it.
< strong style="background-color: transparent;">Job Numbers: Let’s talk about job numbers. If you’ve read our previous coffee blogs you know, we’ve covered the unemployment rate, job creation, and retention numbers. Today we’re going to look at all of them. Get ready for graphs galore!
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https://www.bls.gov/eag/eag.sc_greenville_msa.htm< a href="https://www.bls.gov/eag/eag.sc_greenville_msa.htm">< /p>
You’re probably looking at these numbers and noticing the unemployment rate has risen in each of our markets. Should you start panicking? No. It’s actually a positive sign our domestic economy is doing well. The uptick in the unemployment rate can be chalked up to more unemployed people starting to look for work again. This led us to take a look at the number of jobs added.
The number of jobs added in each state we serve grew! Again, this can be attributed to more people entering the job market and getting hired who previously weren’t employed. Looking at job growth, we also had to look at retention. While it’s great to see continued job growth, employers must work even harder to retain their top talent.
We already know its a job seeker’s market, meaning people on the job hunt have the advantage of picking and choosing between multiple offers. This is causing companies everywhere to feel the labor pool tighten. We took a look at the < i>Rate of Separation< /i> to give us some insight into employee retention. As you can see, the rate remained the same from May to June. While these numbers do include all manner of separations (i.e., terminations, layoffs, resignations), we can see that the levels have remained consistent. If you remember one of our previous blogs about retention, you’ll see a similar pattern. So how can employers retain their top talent? We’ve gathered some statistics you may want to consider.
- We don’t need to be alarmed by the rise in unemployment rates. It’s actually a good thing because it means more people are actively looking for work than were previously.< /li>
- We saw job growth in all of our markets, not just because we’re great at what we do (even though we are) but because the economy continues to grow and more people are getting hired.< /li>
- Employers are feeling the tightening labor market so considering a retention strategy is crucial so we can see the rate of separations decrease.< /li>
We hope this look at job numbers gave you a bit of a glimpse of the markets we serve. If you’re having trouble recruiting top talent in this labor market, we can help! At Workbox, we know you need more than a body to fill an empty seat. That’s why we take the time to match our candidates skill set and interests with your expectations and values in a down to earth, down to business type of way.