New Jobs Report: Labor Market Is Cooling #AscendoJobs https://shorturl.at/lchrv
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In our January 2023 Market Trends report, we examine the latest labor market statistics and step back to look at what experts are saying employers and workers can expect in the new year: https://bit.ly/40g4UfD #Jobs #Hiring #IndustryTrends
January 2023 Market Trends Report
aerotek.com
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STATISTA “ U.S. LABOR MARKET by Felix Richter, Jun 6, 2024 Employment in the U.S.” “ As the U.S. labor market is slowly cooling off and job openings have come down from notably from 2022's record highs, the worker crunch that plagued many industries for large parts of 2021 and 2022 has eased as well. According to the latest Job Openings and Labor Turnover Survey, every industry has seen its job openings rate drop, in many cases significantly, over the past two years. The leisure and hospitality sector for example, the industry most affected by the post-pandemic worker crunch, saw its job openings rate, i.e. the share of jobs in a given industry left unfilled at the end of the month, drop from 10.5 percent in April 2022 and 8.9 percent in April 2023 to 7.0 percent this April, as the number of job openings in the industry dropped from 1.81 million to 1.26 million over the past 24 months. The following chart shows which industries had the highest job openings rate at the end of April and how the situation has changed over the past two years. The job openings rate is the number of job openings divided by all jobs, filled or unfilled, in a given industry.”
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A brief report on the job market for the first quarter of the year 2023. In the latest report, U.S. weekly jobless claims have decreased unexpectedly, falling by 9,000 to 228,000 for the week that ended on July 15th, 2023. This is the lowest level in two months, defying efforts by the Federal Reserve to slow demand. Economists had forecasted 242,000 claims for the week; however, the decline indicates that the labor market remains resilient, with businesses not yet laying off workers rapidly even in the tight labor market. Detail Report : https://lnkd.in/dGYY7_Hh
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The U.S. economy saw significant job gains in September, with employers expanding payrolls by 336,000 jobs. 🎥Watch our employment trends video for insights into the 2024 hiring landscape from our newly released Salary Guide. Read more BLS analysis here: https://lnkd.in/gixi6SEE hashtag #BLS hashtag #RHSalaryGuide.
BLS September 2023 Jobs Report Snapshot: 336,000 Jobs Added and 3.8% Unemployment Rate
social.roberthalf.com
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U.S. employers added a surprisingly-strong number of jobs in January, indicating that--yes--the labor market is still hot. Payrolls increased by 353,000 jobs last month, far more than the 185,000 that economists expected, according to the report from the U.S. Bureau of Labor Statistics. Meanwhile, the December report was revised up from 216,000 jobs to 333,000. It's a picture of a labor market with a lot of muscle left, but there's some other signs to take into account. Read more here at Inc. Magazine: #jobsreport #labormarket #hiring https://lnkd.in/eCKZxXvA
Job Growth Jumps Up in January
inc.com
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It's jobs day! Here's the latest from Indeed #HiringLab economist Nick Bunker: --> The unemployment rate ticked down to 3.8% in March, alleviating concerns about a deteriorating labor market. --> At the same time, payroll growth continues to be very strong, with employers adding 303,000 jobs over the month. --> This strength appears to be enduring as wages continue to slow down and approach a strong but sustainable growth rate. https://lnkd.in/g43KVtGf #jobsday #jobs #labormarket #wages #recession
March 2024 Jobs Report: Gas in the Tank and Room To Run
https://www.hiringlab.org
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Jobs on deck. JOLTS caused rates to run earlier this week. Will today's report take some of that back? 2s and 10s are now only 30bps inverted. I don't think many expected to see the 10 year climb to shrink the gap. Most expected the 2 year to fall. Things to watch for? Previous revisions. They've clawed back gains on several reports in a row now. If we have a surprise upside number hold on to your hats on the 10 year. The headline carries a negative tone...but we keep getting surprised... "The report will probably show employers added 173,000 workers to payrolls in September, though figures due a month from now could show hiring plummeted to 100,000 in October, Bloomberg economists Anna Wong, Stuart Paul and Eliza Winger wrote Thursday in a preview of the release" "The September payrolls report is backward looking. Since the September survey week, financial conditions have tightened sharply and auto strikes have escalated," Wong, Paul and Winger said." "Wong, Paul and Winger also expect the labor force participation rate to remain unchanged at 62.8%, the unemployment rate to tick down to 3.7%, and average hourly earnings to post another 0.2% increase" "Their predictions for the September report are largely in line with median estimates in a Bloomberg survey of outside forecasters." #jobs #economy https://lnkd.in/gSWMNVsx
September Jobs Report May Be Last Good One Before Sharp Slowdown - www.bloomberg.com
bloomberg.com
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Strategy & Operations Management • Strategic Planning & Execution • GTM & Sales Strategy • B2B SaaS • Business Intelligence • Service Commercialization • Finance / Private Equity • P&L Ownership • Marketing Strategy
🎉 It’s Jobs Day! Exciting insights from Indeed's #HiringLab economist Nick Bunker: -The unemployment rate has dropped to 3.8% in March, easing worries about a weakening labor market. -The job market remains robust with a significant addition of 303,000 jobs last month! -As payroll numbers continue to grow, wage increases are moderating, moving towards a relatively sustainable growth trajectory. Stay informed with the full analysis here: lnkd.in/g43KVtGf #Economics #LaborMarket #JobGrowth
It's jobs day! Here's the latest from Indeed #HiringLab economist Nick Bunker: --> The unemployment rate ticked down to 3.8% in March, alleviating concerns about a deteriorating labor market. --> At the same time, payroll growth continues to be very strong, with employers adding 303,000 jobs over the month. --> This strength appears to be enduring as wages continue to slow down and approach a strong but sustainable growth rate. https://lnkd.in/g43KVtGf #jobsday #jobs #labormarket #wages #recession
March 2024 Jobs Report: Gas in the Tank and Room To Run
https://www.hiringlab.org
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Yet again: the labor market is stronger than expected. Employers added 275,000 jobs in February, down from the initial 353,000 reported by the U.S. Bureau of Labor Statistics in January, though that was revised to 229,000 in this report. Meanwhile, the 3.9 unemployment rate is the highest since January 2022, but still marks the 25th consecutive month below 4 percent. Read more about this robust report at Inc. Magazine: #jobsreport #labormarket #jobs #february https://lnkd.in/ec8FTGkd
The Labor Market Stayed Strong in February
inc.com
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The labor market heated up in January with payrolls increasing by 353,000 jobs, a 52% increase from what economists were expecting according to Inc. Although some experts predict a "rebalancing" national economy, we are anticipating a robust labor market. Read the article here: https://buff.ly/3uBiQpt #MarketUpdate #Workforce #SouthernCalifornia #Recruiting #Hiring #LaborMarket
https://www.inc.com/sarah-lynch/job-growth-jumps-up-january.html
inc.com
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