UKG: April Shift Work Growth Slows. What Does It Mean?
April 30 2024 - 5:00AM
Business Wire
Live labor market briefing April 30 at 10:00
a.m. ET to analyze frontline workforce trends across industries,
business-size segments
UKG:
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the full release here:
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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.
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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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UKG Contact: media@ukg.com