HR Happy Hour 350 - The US Labor Market and Economic Trends for 2019
Hosts: Steve Boese, Trish McFarlane
Guest: Josh Wright, Chief Economist, iCIMS
Sponsored by Virgin Pulse - www.virginpulse.com
This week on the HR Happy Hour Show, Steve was joined by Josh Wright, Chief Economist from iCIMS to talk about the important labor market trends, why these trends are important for HR and Talent Acquisition leaders, and what 2019 might have in store for the labor market and the economy at large.
Josh shared his thoughts on why HR and Talent leaders should care and follow these big picture data points and trends, why economics is the language of business, and how understanding the economic outlook at a macro and local level can help HR leaders make better decisions.
We also geeked out a little on some of the important economic data sets like the monthly jobs report, weeky new jobless claims, and Steve's favorite, the monthly BLS JOLTS report. In addition, Josh shared why keeping abreast of the housing market can be of value to HR leaders.
Josh also shared the interesting work iCIMS is doing with their Monthly Hiring Indicator, and how that data can help HR and Talent leaders in their organizations. Finally, Josh shared some thoughts on what 2019 might have in store for the labor market and the economy overall.
This was a fun and geeky show! Thanks so much Josh for joining us,
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