October 2024 Talent Market Insights
Staffing Tips & Recruiting Trends
October 2024 Talent Market Insights

October delivered a hot jobs report, showing strong job gains and a dip in unemployment just weeks before the presidential election.   Here are some of the key takeaways:  254,000 jobs were added in September  Unemployment decreased from 4.2% to 4.1%  Workforce participation held steady at 62.7%  Wage growth increased by 0.4% month over month   […]

August 2024 Talent Market Insights
Company NewsFeaturedStaffing Tips & Recruiting Trends
August 2024 Talent Market Insights

July’s jobs report indicates a labor market that is performing below expectations and raising some concerns.  Here are some of the key takeaways:  114,000 jobs were added in July  Unemployment increased from 4.1% to 4.3%—the highest since October 2021  Workforce participation increased from 62.6% to 62.7%  Wage growth increased by 0.2% month-over-month.  The report was […]

July 2024 Talent Market Insights
Staffing Tips & Recruiting Trends
July 2024 Talent Market Insights

The latest jobs report for June highlights a cooling labor market in line with expectations.   Here are some of the key takeaways:  206,000 jobs were added in June  Unemployment increased from 4% to 4.1%  Workforce participation increased from 62.5% to 62.6%  Wage growth increased by 0.3% month-over-month  Some experts are feeling more hopeful of […]

June 2024 Talent Market Insights
Staffing Tips & Recruiting Trends
June 2024 Talent Market Insights

Despite expectations for a cooler month, employment showed strong growth in May.  Here are some of the key takeaways from the latest jobs report:  272,000 jobs were added in May  Unemployment increased from 3.9% to 4%  Workforce participation decreased from 62.7% to 62.5%  Wage growth increased by 0.4%   Below we’ll review the latest labor market […]

April 2024 Talent Market Insights
Staffing Tips & Recruiting Trends
April 2024 Talent Market Insights

Month after month, headlines describe a U.S. labor market that is “strong,” “robust,” “hot”—and so on.   This month is no different.   Here are some of the key takeaways from the latest jobs report:  303,000 jobs were added in March, above the forecasted 200,000.  Unemployment dropped slightly from 3.9 to 3.8%—and remains under 4% […]

March 2024 Talent Market Insights
Staffing Tips & Recruiting Trends
March 2024 Talent Market Insights

On the surface, February was in many ways, “typical.”  This was another month of strong job growth, and little changed in workforce participation and unemployment.   But if you look closer at the data, the economic landscape isn’t quite as it appears at first glance. Despite consistently strong job gains, right now, employers and employees are […]

February 2024 Talent Market Insights
Staffing Tips & Recruiting Trends
February 2024 Talent Market Insights

January was a robust month for job growth—with job gains reminiscent of pre-pandemic levels typical for the first month of the year.  The economy remains stronger than ever. People have continued to spend. And the Feds have held interest rates steady again.  We’ll discuss what’s going on in the labor market and what this means […]

January 2024 Talent Market Insights
Staffing Tips & Recruiting Trends
January 2024 Talent Market Insights

  December marked a strong end to a robust year of job growth in the labor market.   And while last month’s jobs report showed higher than forecasted job gains, it has also gently slowed from the high job growth in 2021 and 2022.   After several interest rate hikes throughout the year, inflation lowered […]

December 2023 Talent Market Insights
Staffing Tips & Recruiting Trends
December 2023 Talent Market Insights

“Soft landing” was the name of the game this year. As 2023 comes to an end, December’s jobs report shows a steady labor market.   199,000 jobs were added in November, an increase from October’s job gains of 150,000. And September’s hot market growth was revised down from 336,000 to 267,000, showing a significantly cooler labor […]

November 2023 Talent Market Insights
Staffing Tips & Recruiting Trends
November 2023 Talent Market Insights

The labor market is showing signs of cooling. 150,000 jobs were added last month, a notable decrease and difference from last month’s hot labor market. October’s soft job report shows moderate employment growth, an uptick in unemployment and mild wage growth. Yet, to the confusion of many economists, people are still buying things. And the […]

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