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Latest Labor Market Insights and More

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Workforce, 
Data, 
Economy, 
JobsEQ, 
Trends, 
Analysis, 
Consulting, 
Staffing

Accuracy Matters: Benchmarking Diversity

A company grading themself on staffing diversity needs to pick the proper benchmark. There are a variety of available labor market data related to diversity and choosing the wrong data could easily...
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Workforce, 
Data, 
Economy, 
JobsEQ, 
Trends, 
Analysis, 
Staffing

Labor Day Indicators Point to "Employees" Market

This article was originally published in the Richmond Times Dispatch on September 5, 2022.  As we celebrate our third Labor Day in what is hopefully a waning pandemic, the labor market remains tight....
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Workforce, 
Education, 
Data, 
Economy, 
Trends, 
Analysis

Best College Majors for Remote Work

Does your choice of college major affect your options for working remotely after graduation? It certainly does! The latest data from employers hiring in 2022 show a clear pattern. First off, a...
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Data, 
Economy, 
Trends, 
Analysis

The Five Horsemen of a Recession

On July 28th the Bureau of Economic Analysis (BEA) reported that real Gross Domestic Product (GDP) declined at an annual rate of 0.9% for the second quarter of 2022, marking the second consecutive...
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Data, 
Economy, 
Trends, 
Analysis

Gas Prices are Going Down - Will this Continue?

Consumers are facing some relief as gas prices have been on a downward trend since mid-June. The national average price of gas is currently $4.19 per gallon, $0.63 lower than the average of $4.82 per...
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Data, 
Economy, 
Trends, 
Analysis

Reevaluating Measures of Poverty

Fifty years ago, in 1972, the official U.S. poverty rate was 10.2%. Now, in 2022, it remains at 10.2% (see Figure 1).[1] Can this be true? Have we made no progress in bringing down poverty? Over the...
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Data, 
Forecasting, 
Economy, 
JobsEQ, 
Trends, 
Analysis, 
Plus, 
Pro

The Probability of a Recession in Late 2022 is Over 50%

Gross domestic product (GDP) recently contracted in the 1st quarter of 2022, with the economy declining at a 1.6% annual rate after increasing 6.9% in the 4th quarter of 2021. Both trade and...
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Workforce, 
Data, 
Forecasting, 
Economy, 
JobsEQ, 
Trends, 
Analysis, 
Plus, 
Pro

Has Labor Force Participation Recovered from the 2020 Recession?

The labor force participation rate has not returned to its pre-pandemic level despite quick recovery in other parts of the economy. The most recent data from June 2022 puts the participation rate at...
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Workforce, 
Data, 
Forecasting, 
Economy, 
JobsEQ, 
Trends, 
Analysis, 
Consulting, 
Staffing, 
Plus, 
Pro

A look at Diversity, Equity, & Inclusion Policies in Corporate America

Diversity, Equity, and Inclusion (DEI) practices are becoming increasingly important in organizations and companies across the United States. As discussed in Chmura’s recent white paper report,...
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