On Friday, American economists collectively cheered at the news that the nation’s economy added 271,000 jobs in October. That number was large enough to bring the national unemployment rate down from 5.1% to 5%, the lowest since April 2008. Leading into Friday’s announcement, most experts expected a much smaller jobs number more in line with the last two months of
The group of people called millennials, generally defined as those born between the early 1980s and the early 2000s, now represent the largest generation in our nation’s economy. They are the children of baby boomers, but more importantly, they are the children of the internet. Late-stage millennials, just now making their way into the workforce, are products not of the
While state and Federal “fair hiring laws” may seem cumbersome and far-reaching at times, in reality, they serve two very important purposes. First, such laws allow candidates for employment the opportunity for a fair assessment that is free from bias based on certain stereotypes during the interview process. Second, they protect employers and recruiters against discrimination suits brought by unsuccessful
Last week, Schaffer Associates Chairman Jim Schaffer traveled to the Florida Building Material Association Convention and Trade Show in Orlando, FL to participate in a panel discussion on the New Age of Industry. During that discussion, a topic of interest was how the talent gap is affecting the employment participation rate. Below is a summation and further elaboration of his
By Bill Tucker, Schaffer Associates In 2014, Ohio State won the first ever college football playoff to secure a national championship for the Buckeyes. And two weeks into the 2015 season, they are the favorite to win the title again this year. Luck? No. Ohio State’s success is due to great players and coaches. It is unquestionable that Ohio State