About Us

Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

A Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Social Media

Bluesky • Facebook • Instagram • LinkedIn • YouTube

Meet the Laser Focus World Team

Editorial

Sales

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology
My Watchlist
Indicators
Industrial Laser Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Majority of Small Business Industries Experience Job Loss in August

By: via Business Wire

The CBIZ Small Business Employment Index showed a hiring downturn in 18 of the 25 tracked industries following two months of overall small business job growth

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted decrease of 0.98% in August. In a reversal from June and July, 18 of the 25 industries that make up the index, representing much of the American economy, saw job losses. The CBIZ SBEI tracks payroll and hiring trends for over 3,600 companies that have 300 or fewer employees, providing broad insight into small business trends.

“There are still positive markers for the labor market including a pause in increasing initial jobless claims and an uptick in job openings,” said Anna Rathbun, CFA, Chief Investment Officer, CBIZ, Inc. “Small businesses are a leading indicator of economic health, so a dip in hiring points to uncertainty.”

The Bureau of Labor Statistics’ employment report indicated hiring growth that beat expectations. The July reading showed an overall increase of 315,000 private-sector jobs. Despite the overall hiring growth, the national unemployment rate reflected a minor increase to 3.7%. The report is inclusive of all non-farm private employers across businesses of all sizes. Similarly, the ADP employment report indicated collective hiring growth among small, medium-sized and large companies. Its August reading showed an overall increase of 132,000 private-sector jobs for the month. Both of these reports differ from the findings of the Bureau of Labor Statistics’ household survey which is seeing an increase in the number of unemployed Americans and more closely mirrors the findings of the SBEI.

The CBIZ SBEI’s regional data showed a hiring decrease in every region of the United States in August. The West (-1.83%) reported the largest hiring decline, followed by the Northeast (-1.59%), the Southeast (-0.87%) and the Central (-0.61%) regions.

On an industry level, the most notable hiring increases were seen in Administrative Services, Mining and Transportation. Arts and Entertainment, Education Services and Utilities experienced hiring declines.

“August normally does not see declines in Education Services as the school year begins,” added Rathbun. “A large swathe of the economy that had hiring reductions pointing to a general slowdown in economic momentum.”

To view an infographic with data from the employment index, visit the CBIZ website.

Additional takeaways from the August SBEI include:

August’s snapshot: 20% of companies in the index increased staffing, 56% made no change to their headcounts and 24% reduced employment totals.

Industries at a glance: Hiring gains were made in Administrative Services, Mining and Transportation. Decreases were seen in Arts and Entertainment, Education Services and Utilities

Geographical hiring: The West (-1.83%), Northeast (-1.59%), Southeast (-0.87%) and the Central (-0.61%) regions all experienced hiring decreases.

What’s next? Small businesses are continuing to be resilient in the wake of inflation and economic headwinds. The decrease in hiring and the household survey is something to watch as we enter the fall season.

Editor’s note:

(1) The SBEI illustration is licensed under a Creative Commons Attribution-NoDerivs 3.0 Unported License. Based on our work at https://www.cbiz.com.

Follow CBIZ on Twitter at @CBZ or on Facebook.

About CBIZ

CBIZ, Inc. is a leading provider of financial, insurance and advisory services to businesses throughout the United States. Financial services include accounting, tax, government health care consulting, transaction advisory, risk advisory, and valuation services. Insurance services include employee benefits consulting, retirement plan consulting, property and casualty insurance, payroll, and human capital consulting. With more than 100 Company offices in 32 states, CBIZ is one of the largest accounting and insurance brokerage providers in the U.S. For more information, visit www.cbiz.com.

Contacts

More News

View More
3 Healthcare Stocks Using AI to Drive Growth
Via MarketBeat
Topics Artificial Intelligence
Tickers BSX HIMS TEM
Get Exposure to Millennials' Purchasing Power With This ETF
Via MarketBeat
Topics ETFs
Tickers AAPL DASH DIS GOOGL META MILN
Why a $4.5 Billion Smart Debt Move Is Fueling Dell’s AI Ambitions
Via MarketBeat
Topics Artificial Intelligence
Tickers DELL
Beam Global Gets Buy Rating With 101% Upside Potential
Via MarketBeat
Topics Intellectual Property
Tickers BEEM
These 3 Crypto Stocks Could Get a Bump as Dollar Trust Weakens
Via MarketBeat
Topics ETFs Economy World Trade
Tickers BITF COIN HOOD
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.