UKG: April Shift Work Growth Slows. What Does It Mean?

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Return to homepage
Apr 30, 2024 05:00 am
LOWELL, Mass. & WESTON, Fla. -- 

UKG:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240430271606/en/

Summary:

April shift work squeaked by with another monthly gain, as workforce activity increased 0.2%, according to the April 2024 Workforce Activity Report published by UKG. Although April marked the third consecutive month of gains in workforce activity, we’re keeping an eye on the labor market’s slow growth.

UKG will discuss current and future potential trends shaping the frontline economy on April 30, at 10:00 a.m. ET, including:

  • What workforce activity signals about the much-discussed “soft landing;”
  • What does the current labor market mean for employees and job seekers; and
  • What to expect from Friday’s BLS jobs report.

Register to attend the live briefing.

 

Significance:

The UKG Workforce Activity Report is a high-frequency index analyzing shift work trends from 4.5 million people across 40,000 U.S. businesses to understand the economy. Reports are published and briefings are held each Tuesday prior to the publication of the BLS Employment Situation Report. Upcoming publication schedule:

  • May 2024 Workforce Activity Report: June 4, 2024
  • June 2024 Workforce Activity Report: July 2, 2024
  • July 2024 Workforce Activity Report: July 30, 2024

About UKG

At UKG, our purpose is people. We are on a mission to inspire every organization to become a great place to work through HCM technology built for all. More than 80,000 organizations across all sizes, industries, and geographies trust UKG HR, payroll, workforce management, and culture cloud solutions to drive great workplace experiences and make better, more confident people and business decisions. With the world’s largest collection of people data, work data, and culture data combined with rich experience using artificial intelligence in the service of people, we connect culture insights with business outcomes to show what’s possible when organizations invest in their people. To learn more, visit ukg.com.

Follow UKG on Facebook, Instagram, LinkedIn, TikTok, X, and YouTube.

Copyright 2024 UKG Inc. All rights reserved. For a full list of UKG trademarks, please visit ukg.com/trademarks. All other trademarks, if any, are property of their respective owners. All specifications are subject to change.

UKG Contact:
[email protected]

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).
LinkedIn
StockTwits
Twitter