HR News Flash Briefing (from HRCI): Week of Monday, November 12, 2018
Intro This is your HR News Flash for Monday, November 12, 2018 your weekly briefing on talent management and the world of work from the HR Certification Institute. News Item As we look ahead to the last few weeks of the year, let’s take a look at the latest employment numbers. No surprises here — the unemployment rate is still at 3.7%, the lowest it's been since 1969. The US created 250,000 jobs in October. And earnings are ticking up, too. Average hourly earnings are up 83 cents an hour compared to last year, which is the fastest wage growth pace since 2009. As you’re probably experiencing right now, a tight labor market means tough competition for top talent and high expectations from your own employees. An investment in training can help meet those expectations and keep your team members fully engaged, says Dr. Amy Dufrane, CEO at HR Certification Institute. Deloitte research released earlier this year found this is especially true for younger workers, who highly value on-the-job training, continuous professional development and formal training offered by their employers. In many cases, they value access to learning opportunities even more than short-term increases in pay. Outro Well, that’s your HR News Flash for Monday, November 12, 2018 from HRCI. Thanks for listening, and check back next Monday morning for the workplace news you need. HRCI prepares HR leaders for the digital age. Learn more at HRCI.org