The November Jobs Report provided another mixed bag of economic data as the unemployment rate fell, while wages and the labor force participation rate both declined. The traditional unemployment rate fell to 4.6% from 4.9% in October. The labor force participation rate remains historically low at 62.7%, but has improved compared to November 2015 when the rate was 62.5%. Looking at overall trends for 2016, the labor market shows a higher level of participation, increased average wages and lower unemployment.
In this series from the SAP Fieldglass implementation team, we are discussing different considerations for tackling the challenge of expanding your program around the world. Today, we're joined by Amie Dyos, Solutions Consultant EMEA, to talk about how to make technology architecture decisions for your program. Welcome, Amie!
The SAP Fieldglass 2016 EMEA Best Practices Summit was a huge success, attended by over 60 attendees from over 25 different global organisations. We had a great mix of repeat and first-time attendees! This customer-only event takes place each year in both the U.S. and Europe and provides our users with the opportunity to connect, network, share best practices and learn about the latest industry and SAP Fieldglass news.
In today's market, talent has become a major differentiator. According to the latest research from Ardent Partners, nearly 40 percent of the workforce is comprised of external workers. Knowing this, it's imperative that organizations improve the talent experience for non-employees and embrace them as an essential part of corporate culture.