The U.S. Bureau of Labor Statistics just released the latest Employment Situation report containing important updates on labor market activity and employment rates. February 2021 brought modest growth in the labor market. Here are the key insights from the report: Unemployment Rate and Job Growth The national U.S. unemployment rate for February 2021 was 6.2%. This is only a
Finding the right candidate for your open position is important, but it can also be quite challenging. Poorly planned hiring processes can lead to poor performance and high employee turnover. In fact, 80% of employee turnover is due to poor hiring decisions. To help out, we’ve compiled a list of the biggest hiring mistakes so that you can avoid them
Hiring in 2021 will look a little bit different. The Covid-19 pandemic and the social movements of 2020 have shifted companies and job seekers’ priorities, needs, and concerns. Here are some of the hiring and recruiting trends that you can expect to see throughout the year: Emphasis on Diversity and Inclusion Diversity and inclusion efforts are important to candidates.
The Bureau of Labor Statistics has released their January 2021 Employment Situation Report and we wanted to share some key labor market updates. The past year has been a turbulent time for businesses and workers. The pandemic has impacted all industries in one way or another. The labor market is slowly improving, but at a slower pace than many job
Faveo provides staffing assistance to a wide variety of industries. We can provide staff for construction projects, special events, and to supplement your warehouse and delivery teams. Today, we’re putting a spotlight on some of the industries that we most frequently serve and providing you with market updates. If you don’t see your industry listed, don’t worry! Our staff is
The Gig market makes a variety of flexible, independent contractor labor available to businesses for both short term and ongoing business needs. It also provides individuals with an avenue to earn an income on their terms and around their own unique scheduling needs. Gig work is popular among college students, parents, retirees, and entrepreneurial individuals. Gen Z and Millennial workers
We are excited to announce the relaunch of Faveo with expanded services and offerings. Faveo has pivoted and is now offering staffing services for your contract labor needs. Faveo allows businesses to hire on-demand contract labor for short-term and medium-term projects and business needs. We noticed that businesses were having difficulty finding skilled and available staff to meet their temporary