The US economy added 175,000 for the month of April but below estimates. The unemployment rate increased from 3.8 % to 3.9%. The median forecast for April’s payroll gain was the highest since September 2022 as economists kept proving too low in their estimates and have now increased their predictions. [...]

In a significant development, the Federal Trade Commission (FTC) made a decision today, April 23, 2024, to enact a novel regulation prohibiting non-compete agreements for a majority of American workers.Effective 120 days from its publication in the Federal Register, this regulation has the potential to affect up to 30 million [...]

The real estate industry has experienced an ever-evolving landscape, with continued challenges as we round the corner into spring 2024. From high interest rates to tight inventories to vacant office buildings, real estate professionals face significant transitions in response to changing consumer demands and market dynamics. With hybrid work here [...]

Competition for top talent is fierce, with more job openings than there are job seekers, making it challenging for employers to stand out in a tight labor market. Employers are trying every method to attract qualified candidates, from offering flexible work arrangements to increased benefits and perks.However, even with tightening [...]

In March, nonfarm payroll employment in the United States surged by 303,000, surpassing the average monthly gain of 231,000 over the past year. This growth was fueled by increases across various sectors. Health care notably added 72,000 jobs, outpacing its average monthly gain of 60,000 in the previous year. Government [...]

“The Great Resignation,” “quiet quitting,” return to office…the past couple of years gave rise to many interesting trends in the job market. Through all these changes, the real estate industry remains a lucrative home for career transitioners, with numerous paths offering flexibility, career growth, and financial rewards. From roles, such [...]

In the past few years, the power dynamics between employers and employees on the job market are constantly changing. Navigating this dynamic labor landscape can be a stressful task for companies and employees alike, particularly in the real estate sector where competition for top talent is always intense. Yet, there [...]

Five words hiring managers dread the most: “I have accepted another offer.” After the build-up of excitement around a candidate, this phrase can be crushing. The worst part is realizing that the choice wasn’t based on a better job, salary, or work environment. It largely was because the competing company [...]

Many factors that play into a candidate's job selection. Some are out of your hands. But one factor that’s 100% within your control is the speed to offer.    The key is creating an efficient recruiting and screening process. It takes a little planning on the front end. But the [...]

The art of talent acquisition isn't merely about filling existing positions; it's about sculpting your organization's future. HR professionals’ role extends beyond filling headcount to encompass long-term strategic efforts, such as succession planning, retention, and engagement. Often, companies tackle these broader, longer-term initiatives without considering how much recruiting and hiring [...]