Posts
Sep 11, 2024 – 2 mins read
Business Draft and Indeed Announce Game-Changing Partnership in Recruitment Technology
Business Draft and Indeed have teamed up to revolutionize recruitment by integrating their technologies. This partnership offers precise candidate matching, direct job postings through Business Draft without needing an Indeed account, and free job postings. These enhancements simplify the recruitment process, making it more accessible and cost-effective, especially for small to medium-sized businesses.
Oct 04, 2024 – 3 mins read
Killer Burger Joins Business Draft: Revolutionizing Restaurant Hiring with Advanced Applicant Tracking
Killer Burger, known for its iconic burgers, has partnered with Business Draft to streamline its recruitment process using an advanced applicant tracking system (ATS) tailored for the restaurant industry. Business Draft’s platform automates job postings, tracks candidates, and leverages AI-powered matching to help Killer Burger quickly and efficiently hire top talent. This partnership reduces time-to-hire, improves candidate quality, and enhances the overall hiring experience. By adopting Business Draft’s ATS, Killer Burger is ensuring their teams are built with the best talent to deliver exceptional service while supporting their growth.
Oct 09, 2024 – 3 mins read
September Jobs Report: U.S. Employers Continue to Add Jobs Despite Economic Uncertainty
In September, U.S. employers added 254,000 jobs, exceeding expectations of 140,000 and marking the highest gain since March. Revisions from previous months added another 72,000 jobs. The unemployment rate dropped to 4.1%, signaling a healthy labor market as more people find work. Job gains were led by the healthcare sector, which added 72,000 jobs, followed by restaurants with 69,000. However, manufacturing lost 7,000 jobs, particularly in car manufacturing. The tech sector showed modest improvement with 6,000 new jobs, while temporary help services saw a decline of 14,000 jobs, likely due to increased permanent hiring. While this report offers optimism for the Federal Reserve in managing inflation and a potential soft landing, it remains one month of data, and labor market weakening is still possible. Hiring is slower compared to last year, but inflation has cooled, and consumer spending remains stable, providing a cautiously positive outlook for the economy.
Oct 11, 2024 – 2 mins read
Smarter Data Means Better Decisions: Business Draft x People Trail—Raising the Bar in Recruitment and Screening
The Business Draft x People Trail partnership combines advanced recruitment technology with comprehensive background screening to create a seamless hiring process. This integration allows businesses to streamline candidate evaluations and background checks, leading to faster, smarter hiring decisions. People Trail’s background screening services ensure security and compliance, while Business Draft’s platform delivers insightful data at every step. The partnership improves efficiency for recruiters and enhances the candidate experience by providing transparent and timely communication. Overall, it raises the standard for how companies hire, ensuring better decisions backed by smarter data.
Jul 08, 2024 – 2 mins read
Monthly U.S. Labor Market Report - June 2024
The U.S. labor market showed strong resilience in June 2024, with the unemployment rate dropping to 3.6% and job openings rising to 10.3 million, a 5% increase from May. Wage growth was significant, with average hourly earnings up by 4.2% year-over-year. However, challenges such as skills mismatches and regional disparities persist. Employers are advised to invest in training, offer competitive compensation, and tailor recruitment strategies to regional conditions. Business Draft remains committed to supporting your recruitment needs with our all-in-one Applicant Tracking System (ATS). Stay tuned for more insights next month.