Atlanta Business Chronicle’s Post

Payrolls Ahead • Soft ADP Data • REIT Updates REIT Daily Recap: https://lnkd.in/eVNmtnhv Ahead of the critical nonfarm payrolls report on Friday, employment data this morning was again a bit softer than expected, indicating both a cooldown in hiring trends and a softening in wage growth. ADP reported that U.S. private employers hired the fewest number of workers in nearly four years in August, with payrolls increasing by just +99k in August - below the +140k consensus - and slowing from the downwardly-revised +111k in July. Wage growth also cooled, with year-over-year pay gains for job-stayers slowing to 4.8% in August - the slowest pace of growth since August 2021. Of note, ADP data showed a decline in small business employment, along with net employment declines in the professional and business services sector, along with manufacturing and information technology. The educational/health services sector was the strongest-performing category. Separate data from the Department of Labor was a bit stronger than expected, however, with Initial Jobless Claims declining to an eight-week low of 227k, while Continuing Jobless Claims also moderated after hitting post-pandemic highs last month. REIT Academy & The Executive REIT Masterclass | The Daily REIT Beat Newsletter | Brad Thomas | #REITs #Dividends #Investing #Income #Yield #RealEstate #Housing #Stocks #Bonds #HighYield #DividendInvesting #IncomeInvesting #Diversification #Inflation #realassets #investment

🌟 Weekly Workforce Insight: Discover how recent regulatory changes and economic trends are reshaping the U.S. labor market and beyond. 🌐 The ripples of the U.S. labor market extend beyond national borders, significantly influencing employment in regions of Mexico connected through migration, highlighting the global impact of workforce dynamics. (Read more here: https://lnkd.in/ervtxGPy) ⏰ A pivotal move by the Biden administration now mandates overtime pay for an estimated 4 million U.S. salaried workers, enhancing compensation for extra hours and potentially transforming job structures and benefits. (Read more here: https://lnkd.in/e9MCt_C9) 💸 Despite earlier predictions, actual salary increases in the U.S. for 2024 have not met expectations, presenting challenges for employers aiming to attract and retain top talent amidst economic shifts and growing demands for higher wages. (Read more here: https://lnkd.in/eQye5xZq) 📉 Last week's unexpected drop to 207,000 in new U.S. unemployment claims reflects a still tight labor market, with firms holding onto employees to fuel consumer spending that significantly drives economic activity. (Read more here: https://lnkd.in/e5Gj6iED) 🔗 Wall Street firms are rapidly adjusting contracts and strategies in response to the U.S. FTC's ban on non-compete agreements, a change set to significantly alter competitive dynamics and employee retention practices. (Read more here: https://lnkd.in/eijYGrUZ) 🚀 Stay Ahead: Understanding these shifts is crucial for navigating the challenges and opportunities in today’s evolving workplace. Keep informed and adapt to remain competitive.

2 REASONS WHY I WOULDN’T TAKE THE GOVERNMENT WORKER BUYOUT & 1 REASON WHY I WOULD #governmentbuyout #governmentworkers #work #jobsearch #jobsearchtips #careeradvice #jobs #executivejobsearch #

🌟 Weekly Workforce Insight: Discover how recent regulatory changes and economic trends are reshaping the U.S. labor market and beyond. 🌐 The ripples of the U.S. labor market extend beyond national borders, significantly influencing employment in regions of Mexico connected through migration, highlighting the global impact of workforce dynamics. (Read more here: https://lnkd.in/e3hKHN7V) ⏰ A pivotal move by the Biden administration now mandates overtime pay for an estimated 4 million U.S. salaried workers, enhancing compensation for extra hours and potentially transforming job structures and benefits. (Read more here: https://lnkd.in/eNhw7R2e) 💸 Despite earlier predictions, actual salary increases in the U.S. for 2024 have not met expectations, presenting challenges for employers aiming to attract and retain top talent amidst economic shifts and growing demands for higher wages. (Read more here: https://lnkd.in/evyVt4kN) 📉 Last week's unexpected drop to 207,000 in new U.S. unemployment claims reflects a still tight labor market, with firms holding onto employees to fuel consumer spending that significantly drives economic activity. (Read more here: https://lnkd.in/eYi_9DCH) 🔗 Wall Street firms are rapidly adjusting contracts and strategies in response to the U.S. FTC's ban on non-compete agreements, a change set to significantly alter competitive dynamics and employee retention practices. (Read more here: https://lnkd.in/eNnqvzim) 🚀 Stay Ahead: Understanding these shifts is crucial for navigating the challenges and opportunities in today’s evolving workplace. Keep informed and adapt to remain competitive.

The US offers buyouts to govt workers. The U.S. Office of Personnel Management (OPM) has extended buyout offers to large segments of the civilian workforce. Employees who opt for the "deferred resignation" will be eligible for salary and benefits until the end of September, as stated in an email sent to federal workers on Tuesday. This initiative coincides with the new administration's efforts to reduce the federal workforce and follows a recent mandate for returning to the office. However, employees in national security, immigration, and the United States Postal Service are not eligible for these buyouts.

📈 Positive news from Caldwell and Staffing Industry Analysts! Caldwell Partners reports signs of recovery in fiscal Q3. 🌟 Read the full article to see how the market is bouncing back and what this means for the future of staffing. #Staffing #Recovery #HR https://lnkd.in/gg3fnNQf

As stated; under appreciated. For most of my life (started in automotive as a child) it was always looked down upon. It's a "dirty" job. It requires no skill. Anyone can do it. Perhaps, that was true 30 years or more ago. This is no longer accurate. . To be a skilled technician requires passion, intrigue, wonder, and commitment. Just a few traits that I believe are indispensable. With the rising costs of living, labour, and well; everything. Trades peoples wages and quality of life in the workplace comes into question. The workload continuously rises for the adept. The adept will inevitably seek out opportunities to add to their skill set. Increase their wages, increase their quality of life; for them and their family. When these conditions are not satisfied, or their job is made more difficult through a lack of support. It can either rupture their sense of self since they do not feel valued, or they will seek out fulfillment elsewhere. Though, this does create a vast opportunity. In demand jobs require more. If you want to find the best, and keep the best. You must offer them: the best. Support your trades person. You need them more than you realize. Closing thought. I will speak only to my field. Imagine ALL techs stopped working for just a single day. Think of the impacts. We can stay ahead of this. It's not an over night solution. Though by not starting today. You do yourself an injustice.

Small business optimism is rising, but inflation continues to impact everything from workers' compensation to healthcare costs. We at Insperity are committed to providing SMBs with award-winning, cost-effective HR solutions, including access to top-tier benefits and compliance expertise. #HRThatMakesADifference #HumanResources #EmployeeBenefits https://lnkd.in/ez8iqfju