2021
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2022 Salary Increase Budgets Are the Highest Since 2008
December 07 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (0)The November Conference Board Salary Increase Budget Survey portends a 3.9% jump in wage costs for firms in 2022, compared to 3% reported in April.
2020
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The economy is struggling to keep up with the rise in coronavirus cases
July 27 | Agron Nicaj, Associate Economist, The Conference Board | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (0)After weeks of growth following the phased opening of businesses, the US economy is showing signs of slowing down. Many states are experiencing an increase in the number of COVID-19 cases and some have recently reimplemented restrictions, that had been lifted in May-June.
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What types of jobs will experience a large permanent increase in remote working?
July 13 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Agron Nicaj, Associate Economist, The Conference Board | Frank Steemers, Former Senior Economist, The Conference Board | Comments (0)There is a growing consensus that the share of remote workers will remain well above pre-pandemic rates. But in what types of jobs is this most likely to happen? We project a large increase in remote-working rates for clerical and administrative office jobs, a labor market segment which had relatively low remote-work rates in the pre-pandemic era.
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Small business hiring is recovering
May 20 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Ben Cheng, Former Researcher, Economics Department, The Conference Board | Comments (0)Early signs from the HWOL data series suggest small employers are leading the ramp up in hiring as the economy begins to reopen.