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