A DAY & ZIMMERMANN COMPANY

In case you missed it: April 1

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Posted by Anna McMenamin

April 1, 2011

Today might be April Fool's Day, but there is no joke that today's Bureau of Labor Statistics' Unemployment Report found the jobless rate for March at 8.8 percent -- the lowest in two years. The economy added 216,000 new jobs last month, and according the MSNBC article "Employment grew solidly in March; jobless rate declined," economists are predicting that employers will likely be adding jobs at the same pace for the rest of 2011.

The report today shouldn't be too surprising, however. This week, USA Today reported that hiring in the tech sector is up again, and economists at Moody's Analytics predicted that 148,000 tech jobs will likely be added by the end of the year. But Computerworld highlighted two separate studies that found that although some hiring is being done, it isn't enough to account for the continuously increasing workloads of employees.

These increased responsibilities are getting a lot of attention once again. A study by the American Psychological Association found that four in 10 employees reported heavy workloads, unrealistic expectations and long hours have caused them stress. And according to the 9th Annual Study of Employee Benefits Trends compiled by MetLife, this will cause one in three employees to search for a new job in the next 12 months.

These reports mean that even while employers are looking to ramp up their workforces, it's important to keep current employees engaged. You never know when they might leave in search of greener pastures, and that's no foolin'!

This post was written by Anna McMenamin, former Client Solutions Manager at Yoh.   Learn more about Anna.


 







Topics: HR Strategies

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