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Aug 06, 2024 – 3 mins read

July Jobs Report: A Warning Sign for the U.S. Economy?

The July jobs report revealed a significant slowdown in the U.S. labor market, with only 114,000 jobs added, down from 206,000 in June, and the unemployment rate rising slightly to 4.3%. Key sectors like manufacturing and retail saw job losses, while wage growth remained modest. These figures, coupled with stagnant labor force participation, have heightened concerns about a potential economic slowdown.

Jun 29, 2024 – 3 mins read

7 Reasons Why Small Businesses Should Use an Applicant Tracking System (ATS)

An Applicant Tracking System (ATS) is essential for small businesses, streamlining the hiring process by automating tasks like resume screening and interview scheduling. This reduces time-to-hire and enhances the candidate experience with a user-friendly application process and automated communications. An ATS also facilitates team collaboration, provides valuable analytics for data-driven decisions, ensures compliance, and scales with business growth. Despite initial costs, an ATS is a cost-effective investment, optimizing recruitment strategies and reducing hiring expenses. Business Draft’s ATS helps small businesses efficiently hire the right candidates and focus on growth.

Aug 19, 2024 – 3 mins read

Unlocking Growth Potential - How Business Draft ATS Empowers Franchises to Find the Perfect Fit

Here we highlight the unique challenges franchises face in the hiring process and presents Business Draft’s Applicant Tracking System (ATS) as the ultimate solution. It emphasizes the need for a centralized, scalable, and efficient recruitment system that maintains brand consistency across multiple franchise locations. The post outlines key features of Business Draft ATS, such as smart candidate matching, centralized hiring management, enhanced candidate experience, and data-driven recruitment decisions. It also underscores the balance between providing franchisees with autonomy while ensuring adherence to brand standards. The blog positions Business Draft ATS as an essential tool for franchises aiming to attract top talent, optimize their hiring process, and drive business growth. Keywords like "franchise recruitment," "scalable ATS solution," and "candidate experience" are integrated to improve SEO and attract readers looking to enhance their franchise hiring strategies.

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.

Monthly U.S. Labor Market Report - June 2024

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.

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