Mortgage Rates Are Up, Homes Sales Are Down, As Prices Remain Resilient
Pending home sales fell 17% from a year earlier during the four weeks ending May 28, one of the biggest declines since the start of the year. That’s according to a new report from Redfin, the technology-powered real estate brokerage. That year-over-year drop is especially notable because pending sales had already started falling at […]
82% of Surveyed Hotels Report Staffing Shortages, According to National Survey
As over 80% of hotels experience staffing shortages, hoteliers are offering potential hires a host of incentives to fill vacancies, according to a new survey of hoteliers conducted by the American Hotel & Lodging Association (AHLA). Seventy-five percent of respondents are increasing wages, 64% are offering greater flexibility with hours, and 36% are expanding benefits […]
Nearly 4 in 10 U.S. Workers Report Rising Workplace Burnout
Workplace burnout is a problem that just won’t go away, according to new research from talent solutions and business consulting firm, Robert Half. Today’s study reveals U.S. workers’ burnout levels compared to one year ago, industries and age groups reporting the highest levels of stress, top burnout contributors and action being taken by employers to […]
Privacy Is Security: How Businesses Can Earn Trust while Handling Individual Data Online
To understand how intertwined online privacy and security have become, consider the humble company-issued laptop. The device might only be given to a new hire after he or she passes a series of mandatory security clearances. Some employees will be asked to provide a fingerprint or facial recognition to use their laptop at all. At […]
Turning Setbacks into Opportunities: How to Embrace Challenges as a Chance for Growth
Setbacks are a natural part of life. Even the most successful people in the world have failed before advancing in life. One of the most talented basketball players in the world, Michael Jordan, has famously admitted to missing more than 9,000 shots in his career and losing almost 300 games. Walt Disney, another example, was […]
Hiring vs. Recruiting: Understanding the Impact on Retention Rates
In the realm of talent acquisition, hiring and recruiting are two distinct processes that play a vital role in building a successful workforce. While both terms are often used interchangeably, understanding the differences between them can significantly impact a company’s retention rates. Hiring is commonly associated with filling immediate vacancies and addressing short-term workforce needs. […]
ASU-Designed Fiber-Reinforced Concrete Speeds Up Phoenix Rapid Transit Construction
Using fiber-reinforced concrete instead of rebar-supported slabs for constructing Metro Phoenix light rail extensions is giving new meaning to rapid transit. Months of construction time are being reduced to weeks, adding cost savings, sustainability and worker safety to the mix. A collaboration between Arizona State University, the Phoenix Valley Metro Regional Transportation Authority and Kiewit-McCarthy, […]
More Than 2 in 5 Home Sellers Are Making Concessions to Buyers, Nearly Double Last Year’s Share
Home sellers gave concessions to buyers in 42.9% of U.S. home sales during the three months ending April 30, up from 25.5% a year earlier, according to a new report from Redfin, the technology-powered real estate brokerage. That’s just shy of the 45.6% record-high hit in February. The share of home sellers providing concessions—which include […]
Greater Clarity on Office Attendance Prompts More Companies to Revamp Office Portfolios
Companies are more proactive about office attendance than last year: 65% say they’re requiring in-office work at least some of the time, according to a new survey by CBRE of 207 companies with U.S. offices. This is more than double the respondents that required in-office attendance last year. Partly due to those proactive efforts, office […]
Phoenix Sky Harbor Reminds Memorial Day Travelers to Plan Ahead
The summer travel season begins with the upcoming Memorial Day weekend. As the number of people traveling continues to increase and people continue to focus on leisure travel, Phoenix Sky Harbor International Airport is expecting robust summer travel passenger volume. As the airport has seen the busiest first quarter in its history, the key to […]