States reported that 213,000 workers filed for new unemployment benefits during the week ending Sept. 10, marking a fifth straight week of declines. The number of workers continuing to claim unemployment benefits—1.4 million—is below the pre-pandemic average of 1.7 million. The generally low level of jobless claims overall signifies strong labor demand as companies try to attract and retain employees.
The unemployment rate in August rose to 3.7 percent from a 50-year low in July, but the increase included a surge in the number of people actively looking for work, a sign of a healthy labor market.
An organization run by AI is not a futuristic concept. Such technology is already a part of many workplaces and will continue to shape the labor market and HR. Here's how employers and employees can successfully manage generative AI and other AI-powered systems.
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HR must always include human intelligence and oversight of AI in decision-making in hiring and firing, a legal expert said at SHRM24. She added that HR can ensure compliance by meeting the strictest AI standards, which will be in Colorado’s upcoming AI law.
The proliferation of artificial intelligence in the workplace, and the ensuing expected increase in productivity and efficiency, could help usher in the four-day workweek, some experts predict.
Learn how Marsh McLennan successfully boosts staff well-being with digital tools, improving productivity and work satisfaction for more than 20,000 employees.