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U.S. job growth surged in May and wages accelerated, prompting traders to push back the expected timing of Federal Reserve interest-rate cuts.
Nonfarm payrolls advanced 272,000 last month, a Bureau of Labor Statistics report showed Friday, and average hourly earnings climbed 0.4% from April and 4.1% from a year ago, both picking up from the prior report.
Alyssa Place is the editor-in-chief of Employee Benefit News and has been with the team since 2019. Her work covers mental health, DEI, women at work, financial wellness, retirement and workplace … Read full bio
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Incorporating technology into the benefits selection process frees up time and energy better spent on human-centric areas of support.
Caregiving should be viewed as a measurable workforce issue directly tied to productivity, retention, employee wellbeing and long-term workforce stability.
Rising use of the weight-loss drug is fueling the fastest health plan cost growth in a decade and a half, forcing employers to rethink coverage strategies and cost management.
Michael Estep, (president of group insurance) discusses the importance of improving customer experiences, team communication, and making benefits a year-round priority.
Metabolism-management drugs and hormone therapy are growing in popularity, but women need expert clinical oversight in conjunction with medication access.
