Talent Shortage Helps Keep Mass. Biz Confidence in Pessimistic Zone
Workforce shortages continue to hamper business confidence, with an index encompassing 140 Massachusetts employers barely showing signs of improvement in June.
Workforce shortages continue to hamper business confidence, with an index encompassing 140 Massachusetts employers barely showing signs of improvement in June.
America’s employers slowed their hiring in August in the face of rising interest rates, high inflation and sluggish consumer spending but still added 315,000 jobs – a figure likely to please the Fed.
As real estate development recovers from the pandemic pause and Boston-area architecture firms return to hiring mode, they’re finding a changed landscape for recruiting and retaining talent.
If 2020 has been the year of the Great Resignation, it has also been a wake-up call to industries that have grown too used to working their employees too hard.
From a young age, children are told to take pride in their work, and when they are very young, they do exactly that. But as they age opportunities to design, build and showcase their skills shrink. Studying a trade can provide a different outlet for learning and inspire ingenuity in new and innovative ways.
While most people vacation during the summertime, right now is the best time of year to recruit some of the most dependable and profitable real estate agents you can hire. Who are those people? Teachers.
Rockland Trust is adding four new members to its Worcester team.
Cambridge Savings Bank has hired two former Blue Hills Bank veterans to launch an asset-based lending business.
Out with the old and in with the new. That seems to be the approach Anthony DeChellis has taken since becoming the new president and CEO of Boston Private, and it shows no sign of abating.
After a tough year that included layoffs, the parent company of Envision Bank, formerly known as Randolph Savings Bank, appears to be hiring again in an effort to build up the bank’s mortgage business.
The Boston-based payments company Circle has hired a new CFO and said it plans to more than double the size of its workforce by the end of the year.
Traditional financial institutions – large and small – have made it clear they are looking to attract and retain young talent as many of their older employees approach retirement.
U.S. job openings surged to a record high in July, but a lag in hiring suggested employers were struggling to find qualified workers to fill the positions.