In July, U.S. hiring slowed significantly, with only 114,000 jobs added and the unemployment rate rising to 4.3%. This marks the third consecutive month of increasing unemployment. While this rise could potentially trigger the Sahm Rule, an early recession indicator, many economists believe the situation is different this […]
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The Future of Recruiting at Patrice & Associates: In the ever-evolving landscape of recruiting, technology has become an invaluable ally. From job boards to applicant tracking systems, the tools available today have transformed how recruiters connect with talent. Now, with artificial intelligence (AI) at the forefront of technological innovation, the […]
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Patrice & Associates, a leading hospitality staffing and executive search franchise, celebrates a successful first half of 2024 with significant franchise expansion and promising growth prospects. The company has awarded 20 new franchise licenses in markets across the U.S. and Canada and is on pace to award 40 by the […]
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How Employers and Recruiters Can Adapt to the Current Labor Market Employers and recruiters can embrace the increasing presence of older workers in the labor force by offering flexible work arrangements, fostering inclusive cultures and providing opportunities for professional development to leverage their valuable experience and skills. In […]
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Join us as we delve into the latest labor market trends with Brian Miller, CEO of Patrice and Associates. In our recent interview, we discuss the U.S. labor market’s addition of 206,000 jobs in June and the implications of the unemployment rate rising to 4.1%. Brian provides valuable insights […]
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Encouraging Employment Trends Indicate Continued Demand Nonfarm payrolls surged by 272,000 in May, while the unemployment rate ticked up slightly to 4.0%, ending a 27-month stretch of below 4%. Despite this uptick, the rate remains historically low. Bloomberg reported: “The latest figures highlight a labor market that continues to defy […]
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Hiring a Recruiting Firm Can Actually Save You Money!!!! If you’re a small business owner, franchisee, or hiring manager you might question if you need an outside recruiting resource to fill your job vacancies or expand your talent pool. Working with a recruiting firm like Patrice & […]
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They’re Calling the April Labor Numbers “a Standstill” but Emerging Trends Make Recruiters All the More Critical April showed stagnant hiring in general with a few bright spots in some sectors like healthcare. Hospitality stayed flat—we’re seeing that at Patrice &Associates. In Canada, the picture was similar. […]
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A Tight Labor Market: The New Normal The tightening labor market of 2024 presents a complex set of challenges for business owners, from a shrinking labor force to the increasing prevalence of counteroffers. – Brian Miller, CEO Patrice & Associates The labor market has experienced unexpected shifts […]
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