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Talent

UKG: November saw the highest shift, pay activity in months

HR Dive

December 6, 2023

Talent

UKG: November saw the highest shift, pay activity in months

HR Dive

December 6, 2023

Photo by Online Marketing on Unsplash

Shift work for the month of November grew 0.4%, showing the strongest workforce activity since June, according to a UKG report published Tuesday.

The analysis could portend a greater rate of job creation in the Bureau of Labor Statistics jobs report that is due later this week, Noah Yosif, lead labor economist for UKG, said during a press briefing on the data.

Workforce activity — shifts and pay statements — increased for companies of all sizes, the analysis found. Leading growth industries were retail, food service and hospitality at 1.3%; healthcare at 1.2%; and the public sector at 1.1%.

Recovery in workforce activity within the healthcare sector has been the “standout story of 2023,” according to the report. Such activity has been up for nine of 11 months this year, Yosif said, which represents “a dramatic turnaround from what we saw within the healthcare sector over the past three years.”

Workforce activity within the retail and hospitality sector was up for the second consecutive month, Yosif said, which shows “employers within the retail and hospitality sector have a positive outlook on hiring going into the holiday hiring season.”

Click for full article

Recovery within the healthcare sector has been the “standout story of 2023"
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