Jon Nowak’s Post

Hiring Defied Expectations in May, With 272,000 New Jobs In May, the U.S. job market outperformed expectations by adding 272,000 nonfarm jobs, significantly higher than the 190,000 predicted by economists. This latest employment report reinforces the perception of a stronger-than-expected labor market amid a generally cooling economy. #hiring #jobmarket #economy #labormarket

April 2024 Job Market Report: U.S job growth surges! 🚀 In March, the US economy added 303,000 jobs, significantly surpassing expectations. The unemployment rate dipped to 3.8%, maintaining its strong position for 26 consecutive months 📉 Key sectors driving this growth: Healthcare: +72,000 jobs 🏥 Government: +71,000 jobs 🏛️ Construction: +39,000 jobs 🏗️ Leisure & Hospitality: +49,000 jobs 🍽️ Wage growth is also on the rise, with average hourly earnings increasing by 12 cents to $34.69 (Link in the comments below) #Recruitment #US #JobMarket #Hiring

The job market gained 187,000 jobs in July 2023, according to the latest Bureau of Labor Statistics (BLS) jobs report. Other highlights from this report are:   - National unemployment decreased to 3.5%. - The total number of unemployed Americans decreased to 5.8 million. - The participation rate remained at 62.6% for the fifth consecutive month.   Click on the link below to read the BLS July 2023 jobs report: https://lnkd.in/ed37D34   June 2023’s job growth was revised from 209,000 jobs gained to 185,000. Despite modest gains in June and July, the job market remains resilient as efforts to tame inflation continue.   Will the job market continue to cool in 2023? Share your opinion in a comment section below.   #JobsReport #Hiring #LIThoughtLeader

According to Indeed’s US economist, Nick Bunker, you shouldn’t fret too much after reading this month’s job report. After years of very strong job gains, adding only 187,000 jobs in July might cause some anxiety. But monthly gains at this level are still strong given slowing population growth and the overall tightness of the labor market. In order for the broader economy to pull off the soft landing everyone wants to see, this kind of slowdown is necessary. Read Nick’s full commentary on the jobs report here. https://lnkd.in/gfeHV4Ds #Indeed #HiringLab #LaborMarket #Jobs

According to Indeed’s US economist, Nick Bunker, you shouldn’t fret too much after reading this month’s job report. After years of very strong job gains, adding only 187,000 jobs in July might cause some anxiety. But monthly gains at this level are still strong given slowing population growth and the overall tightness of the labor market. In order for the broader economy to pull off the soft landing everyone wants to see, this kind of slowdown is necessary. Read Nick’s full commentary on the jobs report here https://lnkd.in/gZWCUeG8. #indeed #hiringlab #labormarket #jobs

According to Indeed’s US economist, Nick Bunker, you shouldn’t fret too much after reading this month’s job report. After years of very strong job gains, adding only 187,000 jobs in July might cause some anxiety. But monthly gains at this level are still strong given slowing population growth and the overall tightness of the labor market. In order for the broader economy to pull off the soft landing everyone wants to see, this kind of slowdown is necessary. Read Nick’s full commentary on the jobs report here https://lnkd.in/gaXeJkX9. #indeed #hiringlab #labormarket #jobs

According to Indeed’s US economist, Nick Bunker, you shouldn’t fret too much after reading this month’s job report. After years of very strong job gains, adding only 187,000 jobs in July might cause some anxiety. But monthly gains at this level are still strong given slowing population growth and the overall tightness of the labor market. In order for the broader economy to pull off the soft landing everyone wants to see, this kind of slowdown is necessary. Read Nick’s full commentary on the jobs report here. https://lnkd.in/gNitcRfj #Indeed #HiringLab #LaborMarket #Jobs

According to Indeed’s US economist, Nick Bunker, you shouldn’t fret too much after reading this month’s job report. After years of very strong job gains, adding only 187,000 jobs in July might cause some anxiety. But monthly gains at this level are still strong given slowing population growth and the overall tightness of the labor market. In order for the broader economy to pull off the soft landing everyone wants to see, this kind of slowdown is necessary. Read Nick’s full commentary on the jobs report here https://lnkd.in/gqP5ZqBW. #indeed #hiringlab #labormarket #jobs

Despite a dip in job openings to 8.7 million in October, the lowest since March 2021, the U.S. job market remains robust, demonstrating resilience amid higher interest rates. The decline is notable in sectors like healthcare, finance, and hospitality, yet overall job availability continues to surpass 8 million for a record 32 consecutive months. This slight cooling aligns with a broader moderation in hiring compared to the rapid pace of recent years. With 239,000 jobs added monthly this year and an unemployment rate below 4% for an unprecedented 21 months, there's an optimistic outlook. Click the link below for the full article and share your thoughts. https://lnkd.in/ghvHZxhF #jobmarket

The job market grew by 216,000 jobs in December 2023, according to the Bureau of Labor Statistics (BLS) jobs report published today. Other noteworthy points from this report include:   - National unemployment remained at 3.7%. - The total number of unemployed Americans remained at 6.3 million. - The participation rate decreased from 62.8% to 62.5%.   The job market grew by 2.7 million jobs in 2023, a decrease compared to the 4.8 million total job growth in 2022. Despite that decrease, the American job market remains strong.   Click on the link below to read the BLS December 2023 jobs report. https://lnkd.in/gKgamn4   Do you think 2024 hiring will surpass the 2023 total? Share your prediction in a comment below.   #JobsReport #Hiring #LIThoughtLeader