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Goldman Sachs: Unemployment will drop to lowest since 1969 The unemployment rate is likely to tumble to 3.5% by the end of 2019, Goldman Sachs predicted in a report published late Friday. The last time unemployment was 3.5% was December 1969, according to the Bureau of Labor Statistics. “Such a scenario would take the U.S. labor market into territory almost …

Stop! You’re Setting up Your Hiring Manager to Fail! It’s impossible to overemphasize the impact the hiring process can have. When it’s poorly executed, bad hires and poor employee retention will be the result. Related: Tips for Interviewing Every Hiring Manager Should Know And, as much as technology has sped up the process in recent years, human actions still cause …

The Key to Hiring the Best Candidate Is Deciding What’s Most Important Close your eyes and grit your teeth. Was this hire on target? Did you get a good one? Often, the answer is “no” and the costs accumulate via damaged culture and disruption. Why are hiring decisions so difficult? A bad hire is evident to everyone, carries a stench …

New immigration program helping Canada in the global war for high-tech talent A pilot program that makes it easier for highly skilled foreign tech workers to find jobs in Canada has hooked more than 1,600 people in its first two and a half months, CBC News has learned. Immigration, Refugees and Citizenship Canada launched the two-year project in June to help companies …

Americans see jobs aplenty. Good wages? Not so much. The percentage of residents who think jobs in their area are plentiful spiked to 50% last month, the highest reading since the Pew Research Center began asking the question 16 years ago. Those perceptions match reality. In October, the unemployment rate also reached its lowest rate since 2001, and the number …

Canadian ski operators face staff hiring challenges The early blast of winter at the start of November has given a couple of local ski hills the base they need for some of their earliest openings, while forecasts hint at a chilly, snowy season. But how much business success ski hills can carve out of the season will depend in part …

NHS trusts urge Government to recognise how much NHS relies on immigration NHS leaders are calling on the Government to reform immigration policy to make it easier to recruit doctors and nurses from overseas and fill significant gaps left by UK workforce shortages. Staff shortages are the top concern for two thirds of chief executives and chairs of NHS trusts …

Big Businesses Are Struggling to Fill Open Positions This Holiday Season Companies like Target and UPS are trying new ways to entice prospective workers this season, including offering cash, benefits and perks. The holidays are upon us, but not everyone is ready for the festivities to begin. Many companies are having a hard time finding seasonal workers this year. That’s …

Why Nerds and Nurses Are Taking Over the U.S. Economy Manufacturing will fall. Retail will wobble. Automation will inch along but stay off the roads, for now. The rich will keep getting richer. And more and more of the country will be paid to take care of old people. That is the future of the labor market, according to the …

Jobless claims are the lowest since 1973 Only 222,000 Americans filed jobless claims for the first time last week, the fewest since March 1973. It’s another sign of a healthy economy. Millions of Americans have been hired in recent years, unemployment is at a 16-year low of 4.2%, and wages might finally be starting to rise meaningfully. Emphasis on “might.” …