Some picked-up pieces, news, and insights from across the evolving world of talent and work:
- Filtered and LiveHire announced a strategic partnership founded on their complementary platforms. The unique partnership will harness the power of Filtered’s unique AI-fueled assessment, validation, and workforce management tools with LiveHire’s direct sourcing technology. This union is a representation of the “Direct Sourcing 2.0” concept driven by next-generation automation and deeper direct sourcing technology to provide enterprises with a repeatable, scalable, and flexible means of developing talent communities and tapping into on-demand talent.
- Massachusetts’ new Future of Work Commission report highlights the impact of change on the greater workforce. The 17-member Future of Work Commission group may reside in Massachusetts, however, its work in building this new report shows that work-led transformations, such as automation, new technology, and pandemic-fueled Future of Work accelerants like remote and hybrid work, are going to permanently shift how businesses operate in the months and years ahead. The Commission’s report digs deeper into the criticality of affordable and accessible daycare, and, the benefits of reskilling and upskilling workers in specific industries.
- New unemployment claims totaled 166,000 last week, the lowest recorded level since 1968. The lowest new claims figure in nearly 55 years is an optimistic signal for a volatile labor market that is still battling the The Great Resignation and a Talent Revolution. Although most industries are starting to settle into a new business arena as the pandemic moves into a new phase, there are still hundreds of thousands of open positions in the hospitality, retail, leisure, professional services, and manufacturing sectors, which could cause continued staffing issues in the immediate months ahead.
- Workforce solutions platform Remote raised $300 million as the market remains hot for HR and workforce tech. The latest funding round puts the company valuation at nearly $3 billion. Remote, along with platforms such as Deel, Payfit, and Personio, are revolutionizing how businesses manage payrolling, benefits administration, and other tasks that have become more difficult as enterprises shift to a more remote- or hybrid-based workplace infrastructure. These solutions enable core HR and payrolling processes for businesses that rely on the extended workforce and workers in various areas around the globe in which they don’t have existing operations.
