Category Archives: Statistics

The Current Employment Outlook

According to the U.S. Department of Labor’s recent employment situation summary, the economy added just 266,000 jobs in April, far fewer than economists had predicted. It was the weakest month of job growth since January. The labor market is far from being fully recovered. Even with last month’s gains, there are still 8.2 million fewer workers on payrolls than before the pandemic.

In general, employment is stagnant. The following rates were essentially unchanged in April.

  • The unemployment rate (6.1%)
Read the rest

Results of Last Month’s Hiring in Libraries Survey

In November of last year (2020), the ‘ALA Connect Live’ discussion was explicitly geared towards ALA student members and LIS students. ALA President Julius C. Jefferson, Jr. was joined by fellow leaders from the association who spoke to the employment outlook in various library settings and various library roles.

Many of the students that participated in the discussion were concerned about job prospects. In responding to questions, ALA Board members were brutally honest with the students as they … Read the rest

U.S. Added More Jobs Than Expected

The labor market continues to reflect the impact of the COVID-19 pandemic. In the first full monthly employment report under President Biden, the Bureau of Labor Statistics reported that the U.S. added 379,000 jobs last month. That is considerably higher than the 210,000 jobs expected by economists. There was not much change in the unemployment rate — which fell to 6.2% from January’s 6.3%. However, the unemployment rate is reportedly higher for African Americans (9.9%) and Latinx (8.5%) than Read the rest

Employees’ Wellness Habits Are Changing

Before the pandemic, I walked at least forty minutes every day that I went into the office (20 minutes each way to and from the train station). No matter what the weather —rain or shine, snow or sleet— I walked. I have never been big on going to gyms, so walking was the one way that I was guaranteed to get in exercise each week. Now that we’re amid a pandemic, I’ve found solace in walking. Instead of going to/from Read the rest

The Divide Between What Employers and Employees Think About Returning to Work

Ask your library director or HR director about how they have managed concerns during this COVID-19 crisis, and how successful his or her library/organizational culture is in general. Now ask your employees what they think of management’s handling of issues and about their library culture. Odds are you will get very different results. The truth is that often the employers’ perspective rarely aligns with employees’ perspective. The closer those two are together, the healthier an organization will be. But the Read the rest

Unemployment Rate Increases

On Friday, May 8, 2020, the U.S. Bureau of Labor Statistics reported that the unemployment rate rose to 14.7% in April due to the wave of job losses caused by the coronavirus pandemic. April’s rate marks a new record for the post-World War II era. The number represents 20.5 million jobs lost in the country and is a dramatic increase from March’s 4.4% unemployment rate, which only captured the very beginning of the economic downturn. Millions more were also Read the rest

Biggest Obstacle Women Face in the Workplace

Every year March is designated as Women’s History Month by Presidential proclamation. The month is set aside to honor women’s contributions to American history. Despite women’s progress, inequities remain, particularly in the workplace. Women face obstacles in many areas (salaries, gender bias, career advancement, etc.). According to a recent study by LeanIn.Org and McKinsey & Company, the biggest obstacle that female professionals face is the first step up to manager, or, what the report refers to as the “broken rung.”Read the rest

What’s Most Important to Employees?

What do employees really want? Is it money? Is it paid time off? Is it other benefits? Well, the answer is… it depends on who you ask. A number of companies have conducted research to determine the answer to this question. It seems answers can vary depending on the age, the gender and the stage of life of the person responding.

According to A Glassdoor study of 1,100 workers and job seekers, pay is the number 1 motivator for 67% Read the rest

Relieving Financial Stress for Employees

When asked to rate the financial status of their workers:

  • 40% of employers say their employees are only a little bit or not at all financially savvy
  • 36% of employers say their employees are only a little bit or not at all prepared for retirement once they reach retirement age.

Research from the International Foundation of Employee Benefit Plans found that employees’ financial stress (i.e. worrying about bills, paying for children’s education, saving for retirement, etc.) is having a negative Read the rest

Supervisor Support Critical to Employee Well-Being

According to a new survey released by the American Psychological Association, individuals without supervisor support for career development are more likely to distrust their employer and plan on leaving within the next year. In addition, this article reports that for working Americans without supervisor support, less than half (48 percent) say they are motivated to do their best at work (vs. 88 percent who report having supervisor support), 39 percent are satisfied with their job (vs. 86 percent), 16 percent Read the rest