Technology
Data Bank Focus: Hires vs. Unemployed Workers
By Betsy Shepherd
May. 3, 2012
While the national unemployment level has slowly fallen from its peak of 10 percent in 2009, the number of unemployed people far outdistances the number of hires. Just how dire the situation is today can be seen by comparing the size of the gaps for the two most recent recessions. Following the recession in 2000, for every 10 hires, 14 people remained unemployed. Today, following the 2008-09 recession, for every 10 hires, 35 people remain unemployed.
Workforce Management, May 2012, p. 19
About Workforce.com
We build robust scheduling & attendance software for businesses with 500+ frontline workers. With custom BI reporting and demand-driven scheduling, we help our customers reduce labor spend and increase profitability across their business. It's as simple as that.
Related Articles
Technology
4 Ways to Maximize HR and WFM DataTechnology and cloud-based applications and platforms enable companies to gather more data, but can the...
Technology
How to prevent workforce management system outages: mitigation through redundancySummary Workforce management data breaches and outages are a very real threat Businesses should build r...
data breach, network security, payroll system, system outage, workforce management
Technology
Kronos (UKG) data breach leaves businesses in the dark for “several weeks”Summary Workforce management company Kronos (UKG) suffers ransomware data breach Kronos Private Cloud a...
data breach, Kronos, ransomware, security, UKG