Precise Technical Staffing

The return to the office could be the real reason for the slump in productivity. Here’s the data to prove it | Fortune Commentary Return to Work The return to the office could be the real reason for the slump in productivity. Here’s the data to prove it Productivity jumped as offices closed, and stayed high through 2021. When companies started mandating a return to the office, productivity dropped sharply. BY Gleb...

A surge in hiring by American small businesses could run counter to the Federal Reserve's efforts to cool inflation. According to a Wall Street Journal review of labor data, small companies have been responsible for all of the net job growth in the U.S. since the onset of the Covid-19 pandemic. They account for almost four out of five available job openings. Since February 2020, small businesses with fewer than 250 employees have hired 3.67 million more people than have been laid off or who quit, while larger businesses have cut a net 800,000 jobs during that time.

This could be a problem for the Fed; as long as the job market is strong, the Fed will have a hard time slowing down the economy and curbing inflation and will continue raising interest rates.

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