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Industry News

Workforce

Economy Adds 531,000 Jobs in October; Unemployment Rate Drops to 4.6%

The U.S. added 531,000 jobs in October and the unemployment rate dropped 0.2 percentage points to 4.6%, according to data by the Labor Department.

Workforce

Survey Shows Salary Budgets Will Increase 3.0% in 2022

New report reveals recruitment and retention as the top upward pressure on 2022 wages.

Quality of Life

Survey: 83% Say 4-Day Week Would Help Reduce Employee Burnout

More than half of the U.S. workforce is burnt out, with younger workers feeling the most strain, at 62 percent, according to a recent survey.

Retail

SBA Reaches $44.8B in Funding to Small Businesses Through Lending Programs

The Small Business Administration reached $44.8 billion in funding to small businesses through more than 61,000 traditional loans for fiscal year 2021...

Technology

IL: New Tech, Education, Networking Featured at QUALITY Show

Big Data, Industry 4.0, Robotics, and Machine Learning were the focus of the recent QUALITY Show that was held recently in Rosemont, IL.

Business

FL: Study Shows St. Lucie County Economy Growing by Over $1.8 Billion

A recent analysis calculated that economic output in St. Lucie County, Fla., is growing by more than $1.8 billion.

Logistics

Opinion: Supply Chain Attacks Mean Continued Vigilance with Third-Party Providers

Businesses and governments must do everything in their power to keep its supply chains running smoothly.

Business

Commerce Dept. Awards First of $3B in Rescue Plan Funds to 24 States

U.S. Secretary of Commerce Gina Raimondo Announces First Awards Distributed Under Economic Development Administration’s American Rescue Plan Programs ...

Business

NRF Forecasts Holiday Spending May Shatter Previous Records

The National Retail Federation (NRF) says holiday spending this year has the potential to shatter previous records.

Logistics

ATA: Trucking Industry Needs 80,000 Drivers; Shortage Hits All-Time High

The American Trucking Associations says the trucking industry, which moves 71% of the U.S. economy's goods, is short 80,000 drivers.