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The median age of males increased from 34 years old to 37.2 years old with more people over 65 years old and fewer people of labor age. According to the 2020 Current Population Survey, most men who were out of the labor force self-reported they could not work due to illness, disability, or due to attending higher education.
A new survey conducted by Ford Motor Co. found that 52% of employed people globally would be willing to take a 20% pay cut for better work/life balance.
The workforce of the future is pondering the concept of “greatness.” Even so, Gen Z has bills to pay. Warily entering the workforce in search of a livable wage, the next generation of workers ...
HR Predictions: The 2024 Workplace Trends on the Minds of HR Leaders Everywhere. Future of work narratives can feel about as reliable as a used printer.
The Current Population Survey (CPS) [1] is a monthly survey of about 60,000 U.S. households conducted by the United States Census Bureau for the Bureau of Labor Statistics (BLS). The BLS uses the data to publish reports early each month called the Employment Situation. [ 2 ]
The global workforce, or international labor pool, reflects a new international division of labor that has been emerging since the late 1970s in the wake of other forces of globalization. The global economic factors driving the rise of multinational corporations —namely, cross-border movement of goods , services , technology and capital ...
In July, a senior executive at the National Association of Software and Service Companies estimated that the country’s tech companies might need to reskill over half its workforce in new skills ...
Attrition trends over the past 9 years. On the x-axis are shown the years, and on the y-axis the annual quits (%). Source: U.S. Bureau of Labor Statistics [12] Following the COVID-19 pandemic and the Great Resignation, it has become commonplace for professional employees to voluntarily quit within a year of employment, known as "quick quitting."
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