TSR Consulting Services, Inc.’s Post

🌟 Employee Spotlight 🌟 This month we are thrilled to recognize Allison Walsh's invaluable contributions to our organization. Her dedication and meticulous attention to detail have been instrumental in Geneva, TSR subsidiary, consistently achieving the auditing goals set by our clients. Allison works tirelessly behind the scenes, ensuring a smooth onboarding process for new contractors on all their projects. While she prefers to operate with humility, we believe it’s important to acknowledge her exceptional accomplishments. Thank you, Allison, for your hard work and commitment to excellence!

TSR Consulting offices are closed today in observance of Juneteenth. Juneteenth was a significant milestone in American history that celebrates the emancipation of enslaved African Americans in the United States. On June 19th, 1865, in Galveston, Texas Union soldiers finally arrived to announce the civil war was won. This effectively enforced the emancipation proclamation of 1863. Juneteenth serves as a powerful reminder of the progress we’ve made toward equality and justice, as well as the ongoing journey. As we commemorate Juneteenth we reflect on the resilience of the African American community as well as our country. We continue to honor Juneteenth with our commitment to an inclusive and equitable workplace. 

📰 BLS News Release📰 Happy Friday! Before we officially close out the week there’s time for one more report! This morning the Bureau of Labor Statistics released The Employment Situation Report of May 2024. Here are the key highlights from May: 1) Unemployment Rate- This past month we saw the unemployment rate inch up just to 4.0%, representing 6.6 million unemployed people A. Refer to BLS chart 1 to see the change over time from May 2022 2) Household Survey Data A. Long-term unemployed (20.7% of unemployed persons) B. Labor force participation rate (62.5%) C. Employment-population ratio (60.1%) D. Number of persons not in labor force, currently searching (5.7 million) 3) Establishment Survey Results A. Nonfarm payroll employment increase by 272,000 in May. B. Healthcare industry job growth (+68,000) C. Government employment increase (+43,000) D. Leisure and hospitality (+42,000) E. Professional, Scientific, and Technical Services (+32,000) F. Social Assistance (+15,000) G. Retail Trade (+13,000) The unemployment rate has reached 4.0%, this is the highest it has been since the start of 2022. May did not bring any significant changes to the categories represented in the household survey data. However, the establishment survey showed us higher than anticipated increase of nonfarm jobs for May, a huge increase from April and the estimated numbers. For more detailed information, we encourage you to read the full report at Employment Situation - 2024 M05 Results (bls.gov)

Exciting day for all of us at TSR! TSR has entered into an agreement to be acquired by a newly-formed entity owned by Justin Christian, founder and CEO of BCforward. The acquired companies include TSR and its subsidiaries, Geneva Consulting Group and LOGIXtech Solutions. Here’s the press release that went out announcing the transaction. https://lnkd.in/eAdwtCkp

✏️Elevate Your Networking Game with These Essential Tips ✏️ In today's interconnected world, networking is not just a tool, but a vital skill for professional success. Here are some key tips to help you navigate the world of networking like a pro: Build Genuine Relationships: Networking isn't just about collecting business cards or LinkedIn connections. It's about fostering authentic relationships based on mutual respect and shared interests. Take the time to get to know people beyond their professional titles. Be an Active Listener: Networking is a two-way street. Listen attentively to what others have to say, show genuine interest, and ask thoughtful questions. This not only helps you build rapport but also allows you to learn from others. Help Others First: Don't approach networking with a mindset of what you can gain. Instead, focus on how you can provide value to others first. Whether it's sharing insights or making introductions, being generous with your time and expertise will ultimately benefit you in the long run. Utilize Online Platforms: Sites like LinkedIn offer unprecedented opportunities for networking. Use them to connect with professionals in your field, join relevant groups and discussions, and share valuable content to showcase your expertise and interests. Follow Up: Networking doesn't end after exchanging business cards or connecting on LinkedIn. Follow up with your contacts in a timely manner, whether it's sending a thank-you email, scheduling a follow-up meeting, or simply staying in touch. Consistency is key to maintaining meaningful relationships. However, be sure to be considerate and respectful of people’s time. Remember, networking is not just about expanding your professional circle—it's about building a community of support, mentorship, and collaboration. By approaching it with authenticity, generosity, and an open mind, you'll unlock countless opportunities for growth and success. For more tips on professional networking check out this resource by Indeed: 10 Tips to Help You Network Like a Pro: https://lnkd.in/epRyiPy

🌟 Employee Spotlight🌟 This month we are thrilled to highlight our Payroll Administrator, Stephanie Kontos. Stephanie has been an invaluable team member for TSR since she started with us in December 2022. Her organization and attention to detail have been greatly appreciated time and time again. In her free time Stephanie enjoys doing volunteer work for her local church and doting over her two young children. Stephanie is a true asset to our team. With her conscientious approach, kindness, dedication and fantastic sense of humor, Stephanie embodies the values we hold dear at TSR. We are very lucky to have her as part of our TSR family as she is a stellar employee and a wonderful person. We look forward to her continued success. Stephanie, we can’t thank you enough for all that you do!