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April 5, 2024
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Top Story
The US economy added 303,000 jobs in March, surpassing economists' expectations and reducing the unemployment rate to 3.8%. The figures highlight the labor market's resilience amid higher interest rates. Despite the challenges of balancing inflation control with employment strength, the job market's robust health suggests a complex interplay of factors, including increased worker supply, immigration and sector-specific dynamics, especially in private education, health care, and leisure and hospitality.
Full Story: Bloomberg (4/5),  The Wall Street Journal (4/5),  CNBC (4/5) 
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Recruiting & Retention
Indeed has added Smart Sourcing, which uses AI to look through millions of workers to prioritize qualified candidates, emphasizing candidates that have used Indeed in the past 30 days. Smart Sourcing can also automate messages and schedule interviews.
Full Story: TechRadar (4/3) 
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Leadership & Development
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Benefits & Compensation
March witnessed a 10% surge in earnings for job switchers, marking the second consecutive rise, while sectors like construction and manufacturing showcased notable pay increases. ADP's data reflects a robust labor market with private employers adding 184,000 new jobs, yet smaller businesses faced challenges amidst intense competition for talent.
Full Story: Newsweek (tiered subscription model) (4/3) 
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The HR Leader
Mark Cuban staunchly defended diversity, equity, and inclusion efforts on the X platform, drawing from his extensive experience as both an investor and entrepreneur, amid ongoing criticisms from Canadian psychologist Jordan Peterson and conservative Christopher Rufo. “I know DEI is a positive because I see its impact on bottom lines,” said Cuban.
Full Story: CBS News (4/3) 
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Workplace Chatter
Lahainaluna High School's hula class -- Papa Hula o Lahainaluna - will perform at Hawaii's Merrie Monarch Festival. One of the songs, Puamana, will honor one of the areas hardest hit by last year's wildfires, which the students hope will be a healing moment.
Full Story: Hawaii News Now (4/4) 
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SmartBreak: Question of the Day
Harry Belafonte was instrumental in what hit song being played by about 8,000 radio stations simultaneously on April 5, 1985?
Vote"Banana Boat Song (Day-O)" (Harry Belafonte)
Vote"Imagine" (John Lennon)
Vote"We Are The World" (USA for Africa)
Vote"What a Wonderful World" (Louis Armstrong)
About the Editor
Reflections
Reflections
Kanoe Namahoe
Aloha dear Workforce readers,
 
It’s Merrie Monarch time again and this year, I am in Hilo, Hawaii, enjoying the craft shows and activities of the annual hula festival.
 
And I want to share one of this year’s highlights with you. The hula class of Lahainaluna High School on Maui -- Papa Hula o Lahainaluna -- featured in our Workplace Chatter story today, was invited to dance at the ho’ike Wednesday evening. The students, as you can imagine, were over the moon excited when they got the news. 
 
The halau, led by Kumu Eva Palakiko, danced Puamana and Mauna Kahalawai. Puamana was personal for the haumana and their kumu -- much of that area was lost in the August wildfires. The dance aimed to demonstrate solidarity and love for the Lahaina community.
 
If you are not watching the women’s Final Four tonight and want to catch Merrie Monarch (it’s hula kahiko night!), you can stream it free through Hawaii News Now’s website. I will be watching both (and rooting for South Carolina -- go Gamecocks!).
 
Have a wonderful weekend, dear readers! I'll be back with you Monday.

*****
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