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At the same time, US households are benefiting from a tight labor market, sitting on record wealth (+$10T over the past year to ~$165T as of 2Q24, +$50T since Covid), and potentially lower energy ...
Since the overall labor force is defined as those age 16+, an aging society with more persons past the typical prime working age (25-54) exerts a steady downward influence on the LFPR. The decline was forecast by economists and demographers going back into the 1990s, if not earlier.
"Since the 1980s, the most labor-light companies within sectors have substantially outperformed their peers, and 2024 saw a whopping 13 percentage point spread between top-decile and bottom-decile ...
The JOLTS report or Job Openings and Labor Turnover Survey is a report from the Bureau of Labor Statistics measuring employment, layoffs, job openings, and quits in the United States economy. The report is released monthly and usually a month after the jobs report for the same reference period. Job separations are broken down into three ...
Real-time labor-market information (LMI) is the generation of data on labor demand from open Internet sources. Real-time feeds give an immediate view into conditions ...
[7] [8] Unavoidable turnover occurs under unavoidable circumstances, such as a family move, serious illness, or death. [7] [8] Internal vs External turnover: internal turnover occurs when employees leave their current position and obtain a new job within the same company. It is related to internal recruitment, in which companies fill vacancies ...
As of 2014, New York City hosted 300,000 employees in the tech sector. [46] [47] The technology sector has been claiming a greater share of New York City's economy since 2010. [48] The biotechnology sector is also growing in New York City, driven by the city's strength in academic scientific research and public and commercial financial support.
Best Companies for Career Growth 2024; Best Companies to Work for in New York State 2024 [46] Crain's Best Places to Work in NYC 2023 and 2024 [47] [48] Best Work-Life Balance 2024 [49] Best Company Outlook in 2023 and 2024 [50] Best Places to Work: New York 2023 [51] Best Company Perks & Benefits 2023 and 2024 [52] Happiest Employees 2023 and ...