by Mike Cioffi | Jun 13, 2022 | Employer Blog
How Structured Hiring Can Address the Great Resignation In March 2022, 4.5 million Americans quit their jobs according to the U.S. Bureau of Labor Statistics. That volume of workers voluntarily separating from jobs was a 13-month high. It represents a churn rate of 3...
by Steve | Aug 31, 2023 | Employer Blog
How Aging Baby Boomers Are Reshaping the Labor Force: As seen on Tire Business’s publication in August of 2023. By Mike Cioffi Are you ready for a silver tsunami? Next year, the youngest Baby Boomers—people from the generation born between 1946 and 1964—turn 60...
by Mike Cioffi | Jul 20, 2023 | Employer Blog
Are You Ready for a Recession? By Mike Cioffi Have you ever had one of those tests where the doctor sticks a bunch of sensors on you and puts you on a treadmill to see how your heart handles the strain? Federal Reserve regulators just completed a similar “stress...
by Mike Cioffi | Jun 20, 2023 | Employer Blog
As seen on Tire Business's publication "Mid-Year Tire Report", June 19th, 2023.By: Mike Cioffi, CEO & Founder of Tire Talent. Is The Economy Half Full or Half Empty? As I write this, a deal to raise the nation’s borrowing limit is becoming law. The markets are...
by Mike Cioffi | Aug 1, 2022 | Employer Blog
Job candidates have long held strong negotiating positions, even pre-Covid unemployment rates were down to 3.5%. That was well below the Federal Reserve’s expectation of ~4.5%. Following Covid, some 25 million people had left the workforce, and with that vacuum...
by Mike Cioffi | Dec 14, 2021 | Tire Updates
According to ABC News, COVID-19 cases jumped by over 40% in the last month. The popular news source also states that more than 81 million Americans eligible to receive the vaccine remain without it. 1 As more and more folks return to work and assume some...
by Mike Cioffi | Sep 15, 2021 | Employer Blog
The Bureau of Labor Statistics reports that, as of August 2021 women make up 17.53% of the “auto parts, accessories, and tire stores” category. 75% of women polled from an automotive Deloitte survey feel underrepresented in the auto industry. Given these 2...
by Mike Cioffi | Aug 19, 2021 | Tire Updates
Many companies are now threatening to fire employees who do not get their COVID-19 vaccinations. Tire companies may be interested in enacting vaccine-related policies for the health of their employees, for the safety of their customers, or for improved public...
by Mike Cioffi | Apr 30, 2020 | Tire Updates
The Department of Labor noted, “The COVID-19 virus continues to impact the number of initial claims and its impact is also reflected in the increasing levels of insured unemployment.” In a dramatic increase, 3.8M additional Americans claimed unemployment...
by Mike Cioffi | Apr 2, 2020 | Tire Updates
Its no surprise to anyone that the unemployment numbers are going to skyrocket but this one was above expectations. The latest report is as of 8:30AM on April 2nd. According to DOL.GOV the advance figure for seasonally adjusted initial claims was 6,648,000, an...
