April 2024's Labor Market Update is here! Our Key Takeaways: ?? Unemployment Rate increased slightly from 3.8% to 3.9%. ?? Job Growth saw a decrease, with 175,000 jobs added, down from 303,000 in March. ? Industry Movements - significant jumps in resume-to-posting ratios were noted across nearly all categories. #IndustryInsights?#EverydayWorker?#LaborMarketUpdate https://lnkd.in/evTMikJB
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We are excited to share insights from our latest U.S. Labor Market Update for February 2024! Despite a slight uptick in unemployment to 3.9%, the addition of 275,000 jobs and a 150,000 increase in the labor force signify ongoing expansion. Wage growth, though tempered, showcases sectoral variations with notable gains in Financial Activities. Join us and dive deeper into the intricacies of February's labor dynamics with us as we explore job creation, wage trends, and industry-specific analyses. #IndustryAnalysis #EconomicTrends #JobCreation #WageGrowth https://lnkd.in/e9kyiFPC
U.S. Labor Market Update | February 2024
blog.jobget.com
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Our March Labor Market Update explores the dynamic shifts shaping employment landscapes by analyzing the latest nuances in the US market. From subtle declines in unemployment rates to notable job creation surges, we dissect the trends impacting the everyday worker. Focusing on wage trends and industry-specific insights, we uncover challenges and opportunities across Retail, Customer Service, and Food Services. #IndustryInsights #EverydayWorker #LaborMarketUpdate https://lnkd.in/eybusnNn
U.S. Labor Market Update | March 2024?
blog.jobget.com
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Need a quick breakdown of April's jobs report??? ?The 175,000 jobs added by U.S. employers in April is well-below the 240,000 projected by many economists. ?Through the first four months of the year, we've added nearly 1 million jobs, eclipsing many annual forecasts. ?Unemployment ticked back up to 3.9% in April, but the labor market remains tight by historical standards, ?Annual wage growth ticked down to 3.9% in April from 4.1% in March, marking the first month of sub-4% wage growth since the pandemic. ?? For more from chief economist Mallory Vachon, PhD on #compensation and #labormarket trends for 2024, check out LaborIQ Insights: https://bit.ly/3Fz6wIs
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Despite adding 175k jobs in April—below expectations—the labor market remains strong historically, even with a 3.9% unemployment rate. Wage growth slowed but stayed above inflation, offering some relief from rising prices. Full LaborIQ article here: https://hubs.li/Q02w85LS0 #JobMarket #Employment #WageGrowth #LaborMarket #JobsReport
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Navigating the complexities of the job market is crucial for both employers and job seekers. The latest article from Bloomberg provides insightful analysis on the current trends in US employment and wage growth. It's a must-read for anyone looking to understand the economic landscape of 2024. https://lnkd.in/epWJCGAB? #ReedUSA #USJobMarket #EconomicTrends #WageGrowth
US Employment Seen Moderating Along With Wage Growth
bloomberg.com
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"Great news for the US labor market! The latest report shows impressive job growth and solid wage gains, signaling a positive outlook for the economy and job seekers. Read more about it here: [link to the article]" https://lnkd.in/d23Q5K8P
US labor market sizzles with blowout job growth, solid wage gains
msn.com
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?? Key Takeaways from the September 2024 BLS Jobs Report: ? Job Growth: 254,000 jobs added, surpassing expectations. ? Unemployment Rate: Decreased to 4.1%. ? Labor Force Growth: An increase of 150,000 workers. ? Wage Increase: Average wages rose by 4%, outpacing inflation. For more insights, check out the full report here: https://lnkd.in/e8aFakB To learn more about Search Solution Group, visit our website here: https://lnkd.in/gxq36bfb #BLS #JobsReport #EmploymentSituation #Recruitment #JobMarket #JobMarketTrends #JobMarket2024
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Our September Labor Market Update is out! Good news for workers - wage growth is accelerating again. With lower inflation, this means purchasing power is increasing. --> Posted wage growth rose to 3.3% in August. --> The acceleration is most pronounced in high-wage sectors, with posted wage growth rising from 2.9% in May to 3.3% in August. Check out the full report here: https://lnkd.in/gaa55cVY #indeed #hiringlab #labormarket #jobs #wages #inflation
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