Apprenticeships is a great way to gain experience in the craft you want to perform. The rise has tapered off in the last couple of years, as outlined by Axios: The number of people in active apprenticeship programs in the U.S. has grown 78% since 2011, according to Department of… Read More »Rise of Apprentices in the U.S.
We are all feeling it the supply chain shortages, however it is looking like the wheels of manufacturing are churning again. As outlined by Axios: The chip shortage is starting to abate — at least a little. Manufacturing of motor vehicles jumped 11% in October, according to industrial production numbers… Read More »Manufacturing Output Is Inching Back Up
This year the Equity deals have just gone thorough the roof. As outlined by RBC Capital Markets: Key Points A favorable environment and strong capital availability have driven significant levels of deal activity. Increased government scrutiny of large corporate deals presents an opportunity for private equity, which has plenty of… Read More »Equity Deals Keep Increasing
Friendships are the key to life, however, unless they are a specialist in the area you need, separation is good! Many business owners, like me, have become friends with their business advisors. We enjoy working with each other and treasure those relationships. When it’s time to sell or transition your… Read More »Know Your Friends’ Specialties…and Limitations
No surprise that we need more people in the job market. As outlined by Axios: One of those measures is a ratio showing that for every job opening in September, there was way less than one person actually seeking a job. The 0.7 job seekers available per job is an… Read More »Not Enough People In The Job Market
With current employee shortages, razor thin margins, supply chain issues and inflation, employers are continuing increases in pay to attract employees. Statista reported: The leisure and hospitality sector, the industry most heavily affected by pandemic-induced layoffs last year, is now at the center of the worker crunch, as almost 1… Read More »Which Industries Need Workers the Most?
We see it all around us it is causing disruption as employers are left scrambling for help. As outlined by Axios: Workers split from their jobs at another record pace in September. 4.4 million people, or 3% of the labor force, in the U.S. quit — up from 4.3 million… Read More »Quits At 20 Year High
As outlined by Axios mothers are heading back to the workforce, however still lagging fathers: As the pandemic-era circumstances that drove a million American mothers out of work start to dissipate, that huge population of workers is coming back in greater numbers, Axios’ Erica Pandey writes. Employment for working-age moms… Read More »Mothers Are Heading Back To The Workforce
We paying more for everything and prices are rising faster than they have past 30 years, as outline by Statista: Consumer prices in the United States continued to rise in October, as inflation hit a 31-year high. The Consumer Price Index for All Urban Consumers (CPI-U) was up 6.2 percent compared to… Read More »Inflation Hits 30 Year High
Oftentimes, sellers want to go to market with a very high price, hoping buyers will see what the seller perceives is a great value. Sellers figure that buyers will at least check it out. Unfortunately, there are many qualified buyers who won’t even look at a company if they think… Read More »Tip #036 Pricing a business too high can be a risky strategy!