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Indeed’s Hiring Lab released its 2024 jobs and hiring trends report this morning, examining changes in job postings, labor force participation, quit rates, wage growth, and generative AI in 2023 ...
The US labor market entered a new gear in the second half of 2024. ... Job growth has not only slowed overall but recent hiring trends have been concentrated in just a handful of sectors. Bank of ...
Underlying trends. To this point, the labor market has shown continued resilience and stability. ... Pantheon’s current estimate is for a 100,000 net payroll gain, which includes a subtraction ...
The labor force is the actual number of people available for work and is the sum of the employed and the unemployed. The U.S. labor force reached a record high of 168.7 million civilians in September 2024. [1] In February 2020, at the start of the COVID-19 pandemic in the United States, there were 164.6 million civilians in the labor force. [2]
In October, the initial estimate for the month’s employment gains was a scant 12,000 jobs. Economists are expecting 17 times that total for November. When the Bureau of Labor Statistics releases ...
April 9, 2024 at 7:00 AM. Paul Bersebach/MediaNews Group/Orange County Register/Getty Images. ... Taken together, that could mean the life expectancy of the current labor market isn’t very long.
Still, there's been a clear slowdown in the labor market. The unemployment rate has steadily crept up in 2024 and sits at 4.2%, near its highest level in almost three years. Meanwhile, job gains ...
The decline in job openings reflects a labor market that has slowed back to a pre-pandemic pace after experiencing years of blockbuster growth: The rate of openings as a percentage of total ...
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