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Employment Outlook

All articles tagged with #employment outlook

legal2 years ago•2 min saved

"Law Firms Implement 'Stay Interviews' to Retain Associates and Address Changing Needs"

Biglaw firms are using "stay interviews" as a new approach to assess the needs of their associates and make necessary changes to retain them. Cozen O'Connor and Lathrop GPM have reported positive experiences with these interviews, which have helped identify areas for improvement such as firm culture, work-life balance, and professional development opportunities. The use of stay interviews has resulted in increased associate retention rates, demonstrating that innovative methods can improve associate satisfaction and encourage them to stay with their firms.

via Above the Law|

#associates #biglaw-firms #employment-outlook

economy2 years ago•1 min saved

Market Outlook: Inflation, Debt Ceiling, and Household Spending Trends Analyzed.

The New York Federal Reserve's Survey of Consumer Expectations for April showed that the outlook for household spending fell to an annual rate of 5.2%, the lowest level since September 2021, reflecting downbeat consumer sentiment and a potential slowdown for inflation. Respondents expect an inflation rate of about 4.4% in the next 12 months, still above the Fed's 2% inflation target, though drifting closer to the goal. The survey's results come less than a week after the Fed approved its 10th consecutive interest rate hike since March 2022.

via CNBC|

#consumer-sentiment #economy #employment-outlook