Private sector EMPLOYMENT INCREASED by 192,000 jobs in January
Private sector employment increased by 192,000 jobs from December to January, according to the January ‘ADP National Employment Report’,which is produced by ADP,a leading provider of human capital management services,in collaboration with Moody’s Analytics.The report,which is derived from ADP’s actual payroll data,measures the change in total nonfarm private employment each month on a seasonallyadjusted basis.The December 2012 report, which reported job gains of 215,000,was revised downward by 30,000 to 185,000 jobs.
KEY FINDINGS:
GOODS-PRODUCING employment rose by 15,000 jobs in January which was primarily driven by an increase in construction jobs of 15,000. Meanwhile, manufacturers shed 3,000 jobs;
SERVICE-PROVIDING JOBS
increased by 177,000. Among the service industries reported by the ADP National Employment Report, professional/business services registered the largest gain with 40,000 jobs added over the month. Trade/transportation/utilities added 33,000 jobs and financial activities added 12,000 jobs;
BUSINESSES with 49 or fewer employees added 115,000 jobs in January. Employment levels among medium-sized companies with 50-499 employees rose by 79,000, while employment at large companies – those with 500 or more employees – fell by 2,000.
41 per cent of WORKERS FEEL a SHORTER COMMUTE would give them
more family time
Almost a third of workers in India (31 per cent) report that they have to sacrifice sleep to fit in personal and work commitments, either by waking up too early or by burning the midnight oil, according to a Regus study. Although flexible working is highlighted as a way to reduce commuting, creating more hours in the day for sleep or family life and improving productivity and staff retention, only 60 per cent of firms are rewarding management for encouraging the creation of a flexible workforce.
KEY FINDINGS:
Globally, 29 per cent of workers are sleeping less than they wish to fit in all their commitments and in India, 31 per cent of workers are sacrificing sleep to fit in work and personal commitments, while over a fifth (22 per cent) feel they have to overcompensate for time taken off for personal matters;
Workers highlight a shorter commute (41 per cent) and location flexibility (36 per cent) as ways of helping them spend more time with their families;
Businesses can benefit too, as flexible work is thought to improve productivity (69 per cent) and help staff retention (84 per cent);
Currently, the management is being rewarded for encouraging a flexible work environment in 60 per cent of firms.
Private sector employment increased by 192,000 jobs from December to January, according to the January ‘ADP National Employment Report’,which is produced by ADP,a leading provider of human capital management services,in collaboration with Moody’s Analytics.The report,which is derived from ADP’s actual payroll data,measures the change in total nonfarm private employment each month on a seasonallyadjusted basis.The December 2012 report, which reported job gains of 215,000,was revised downward by 30,000 to 185,000 jobs.
KEY FINDINGS:
GOODS-PRODUCING employment rose by 15,000 jobs in January which was primarily driven by an increase in construction jobs of 15,000. Meanwhile, manufacturers shed 3,000 jobs;
SERVICE-PROVIDING JOBS
increased by 177,000. Among the service industries reported by the ADP National Employment Report, professional/business services registered the largest gain with 40,000 jobs added over the month. Trade/transportation/utilities added 33,000 jobs and financial activities added 12,000 jobs;
BUSINESSES with 49 or fewer employees added 115,000 jobs in January. Employment levels among medium-sized companies with 50-499 employees rose by 79,000, while employment at large companies – those with 500 or more employees – fell by 2,000.
41 per cent of WORKERS FEEL a SHORTER COMMUTE would give them
more family time
Almost a third of workers in India (31 per cent) report that they have to sacrifice sleep to fit in personal and work commitments, either by waking up too early or by burning the midnight oil, according to a Regus study. Although flexible working is highlighted as a way to reduce commuting, creating more hours in the day for sleep or family life and improving productivity and staff retention, only 60 per cent of firms are rewarding management for encouraging the creation of a flexible workforce.
KEY FINDINGS:
Globally, 29 per cent of workers are sleeping less than they wish to fit in all their commitments and in India, 31 per cent of workers are sacrificing sleep to fit in work and personal commitments, while over a fifth (22 per cent) feel they have to overcompensate for time taken off for personal matters;
Workers highlight a shorter commute (41 per cent) and location flexibility (36 per cent) as ways of helping them spend more time with their families;
Businesses can benefit too, as flexible work is thought to improve productivity (69 per cent) and help staff retention (84 per cent);
Currently, the management is being rewarded for encouraging a flexible work environment in 60 per cent of firms.
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