In 2019, surging labor costs and slower revenue growth will likely lead to a decline in corporate profits in both the U.S. and other advanced economies, finds a new study on labor market trends. Conducted by The Conference Board, the analysis says companies in the U.S. that may experience the biggest losses are those employing many blue-collar…
Tag: Labor market
Look Back at the Labor Market of 2018 and Preview of 2019
As a leading provider of research on labor markets, people and performance, ADP today announced the biggest trends that could impact the workplace in 2019. Looking back at the state of the labor market according to the monthly ADP National Employment Report and quarterly Workforce Vitality Report, the U.S. workforce experienced historic gains in 2018. …