Understanding the Expectations of Today's Job Seekers
A recent survey conducted by Hireology highlights the changing expectations of job seekers in the post-pandemic era.
US Employment Growth Slows in June, Nonfarm Payrolls Rise by 209,000
US employment growth slowed in June, with nonfarm payrolls increasing by 209,000, lower than the expected growth of 240,000.
Industrial Vacancy Rates Show Softening in Tight Market, Reflecting Economic Slowdown
Cushman & Wakefield's report indicates a slight increase in industrial vacancy rates during the second quarter, signaling a softening in the demand for warehouse and inventory storage space.
Food Delivery Platforms Sue New York City Over Minimum Pay Rules for Workers
Uber Eats, DoorDash, Grubhub, and Relay Delivery have filed lawsuits against New York City to block the implementation of new minimum pay rules for food delivery workers.
California Governor Announces $1.5 Billion Investment to Build Sustainable and Efficient Supply Chain
California Governor Gavin Newsom has unveiled a comprehensive investment plan of over $1.5 billion to enhance the state's supply chain infrastructure.
Federal Reserve Signals Mild Recession and More Interest Rate Hikes
The minutes from the Federal Reserve's June meeting indicate that a mild recession is expected, accompanied by further interest rate hikes to combat inflation.
U.S. Electric Vehicle Sales Growth Slows as Dealer Inventory Increases
The growth of electric vehicle sales in the U.S. has started to taper off as dealer lots become filled with unsold battery-powered models.
Van Rates Rise, Flatbed Rates Decline for Fifth Consecutive Week
Spot rates for van equipment increased in line with seasonal expectations, while flatbed rates experienced a slight decline for the fifth consecutive week, although not as steep as in previous weeks, according to a report by Truckstop and Freight Transport Research.
Survey Reveals Average Income Levels for Financial Security and Feeling Rich in the US, While Many Struggle with Financial Insecurity
Survey results from Bankrate reveal that the average amount needed by US adults to feel financially secure is $233,000 per year, while $483,000 per year is the average amount required to feel rich or achieve financial freedom.
Saudi Arabia Raises Crude Oil Prices, Risking Demand Suppression
Saudi Arabia's state-owned oil company, Saudi Aramco, increased the prices of its crude oil in Europe, the Mediterranean, and Asia, contrary to expectations.
Truck Manufacturers Commit to Cease Sales of Gas-Powered Vehicles in California, Promoting Zero-Emission Trucks and Cleaner Air
Major truck manufacturers have made a commitment to cease the sale of new gas-powered vehicles in California by the mid-2030s.
Gartner Survey Shows Increase in Women Holding Top Supply Chain Roles
The eighth annual Women in Supply Chain Survey by Gartner reveals that the percentage of women in Chief Supply Chain Officer or equivalent roles has risen to 26%, up from 22% in 2022 and 14% in 2018.
Supply Chain Index Hits New Low
According to the Logistics Managers' Index (LMI), supply chain activity reached a new low in June, marking the fourth consecutive record low.
Experts Discuss Trends and Challenges in Leasing and Rental Operations in the Trucking Industry
Industry experts in leasing and rental companies, OEM dealer organizations, and management solutions providers have discussed various topics related to equipment availability, delays in vehicle deliveries, and the impact of industry and economic factors on leasing and rental equipment.
Job Market Sees an Influx of Female Workers, Coinciding with Critical U.S. Demands
After facing uncertainty about their employability due to extended absences from the workforce, women like Deandrea Rahming find eager employers ready to hire as the U.S. job market thrives.
Fast-Growing States Drive $100 Billion Wealth Migration and Economic Shift
Six fast-growing states in the South, including Florida, Texas, Georgia, the Carolinas, and Tennessee, are now contributing more to the national GDP than the Northeast, according to Bloomberg.
Allegations of Dozens of Abuses Surface in Critical Minerals Supply Chain
A report released by the Business and Human Rights Resource Center sheds light on numerous labor and environmental abuses allegedly committed by Chinese-invested companies involved in mining and processing minerals used in renewable energy.
Manufacturing Sector Contracts for Eighth Consecutive Month, Signaling Challenging Times Ahead
According to the latest manufacturing report from ISM, the economic activity in the manufacturing sector continued to decline in June, marking the eighth consecutive month of contraction.
The Economic and Social Implications of the Radical Embrace of Electric Vehicles
The radical embrace of electric vehicles (EVs) and the ban on traditional cars may have unintended consequences for the economy and affordability of transportation.
Philadelphia Employer Emphasizes In-Office Mondays to Foster Team Culture
While office occupancy remains lower on Mondays compared to pre-pandemic levels, Jeff Hornstein, executive director of the Economy League of Greater Philadelphia, has successfully convinced his team of 13 employees to come into the office on Mondays twice a month.
