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Showing posts with the label labor market

Q4 2023 Market Recap: Avoiding recession to find a soft landing

With 2023 in the rearview mirror, many investors can breathe a sigh of relief. From a potential looming recession to unexpected market surprises and inflation, there were many twists and turns to navigate. In our latest Retirement Market Recap , we’ve documented the biggest economic trends across sectors in 2023 and discussed how they’re shaping 2024, including: what sectors had a strong performance in 2023; where the labor market is headed in 2024; the status of high-yield bonds; how the Federal Reserve is fighting off inflation; and why investors are still uncertain about the future. Don’t lose out on valuable market insights that can help you get the economic pulse for this year and beyond . Contact us with any questions about this Market Recap or how TruePlan can help enhance your organization's retirement offerings . HANYS Benefit Services is a marketing name of Healthcare Community Securities Corp., member FINRA/SIPC, and an SEC Registered Investment Advisor. This material

Attraction & Retention Newsletter - Q4 2023

The Attraction and Retention newsletter provides valuable insights into the employment market each quarter. It includes statistics on the current job landscape, expert tips for securing top talent and innovative strategies for attracting and retaining workers. The  fourth quarter edition  explores: the easing labor market; employee wellness as a recruitment factor; winning over Generation Z; and a workplace outlook. This July marked the U.S. economy’s lowest number of job openings since 2021, decreasing to 8.8 million. While the employment rate rose from 3.5% to 3.8% in the same month, a large labor supply helped ease the tight labor market. However, all eyes are on the Fed as another possible rate hike could disrupt what seems to be a resilient market. Employers should take note of this and continue to monitor employment trends in quarter four. Employers should also consider investing time in retention strategies to stay competitive. Download your copy   of  Attraction and Retention 

Attraction & Retention Newsletter - Q3 2023

Attraction and Retention: stay up to date on trends, challenges and tips Each quarter, the  Attraction and Retention  newsletter offers statistics about the employment market, suggestions on securing top talent and insight to attract and retain workers. The  third quarter edition  explores: current labor market trends; how to use mentorship to bolster employee retention; and pay transparency. Since retention plummeted in 2022, employers continue to find themselves needing help attracting and retaining talent in this tight labor market. However, not all labor challenges are equal across all industries or positions. For example, finance and insurance industry job openings are increasing while nondurable goods manufacturing show a downward trend. To navigate today’s work environment, it’s more crucial than ever that employers stay up to date on the current employment landscape and the needs and desires of workers. Download your copy  of  Attraction and Retention  today to stay up to date