At the start of last year, it appeared as if quit rates would fall. And sure enough, they did. But any optimism that quitting would drop to pre-pandemic … Read more
A (Mostly) Positive Labor Market Forecast for 2023
The year is closing with another strong employment report from the U.S. Bureau of Labor Statistics. For November, the U.S. economy added 263,000 jobs, and … Read more
The Usual Headlines Aren’t Telling the True Story About the Labor Market
The U.S. labor market added 261,000 jobs in October. It was another very solid month of job gains, and it pushed the year-to-date total to almost 4.1 … Read more
A Cooling Economy, a Hot Labor Market
Despite actions taken by the Fed to stifle inflation by slowing the economy — and therefore labor demand — many indicators for the labor market remain … Read more
Distinct Holiday Hiring Problems Are Plaguing Major Retailers
It’s the most horrible time of the year! For recruiters, that is. It’s the time when talent acquisition departments have to hire hundreds of temporary … Read more
Labor Market Posts Solid Results, but Some Industries Show Signs of Slowing
The U.S. labor market added a very robust 315,000 jobs in August, which was in line with economists’ expectations. The prior month’s report showed an … Read more
The Positive But Puzzling Summer of Labor Market Trends
The first Friday morning of each month, we wait anxiously for the latest labor market report from the U.S. Bureau of Labor Statistics. We have a rough … Read more
A Looming Storm Threatens the Labor Market
The latest month’s job report still showed strong job gains, but concerns about a slowdown are mounting. Based on figures recently reported by the U.S. … Read more
The Agony and the Ecstasy of Today’s Labor Market
Today’s Labor Market — The Good News The labor market continues to crank out some astonishing numbers despite several factors that could disrupt progress. … Read more
The Labor Market Remains Strong, But…
March was another big month for the labor market despite continued global unrest and inflation headlines. The U.S. added 431,000 jobs during the month, … Read more
The Labor Market Continues to Make Hiring Tough
Hiring started the year with a bang. The seasonally adjusted total of 467,000 jobs added in January was at least double economists’ expectations. And many … Read more
Job-Seeker Confidence Is the Biggest Casualty of the Delta Variant
The single biggest challenge for the U.S. jobs market is improving confidence among workers and tempting more Americans back to work. At the moment, the … Read more
Will Immigrants Save the Economy?
Immigrants make up about 17%of the U.S. labor force, or 28 million workers. Over the last decade, they have become the main driver of growth of the labor … Read more
Labor Market: Happy 2021, Everyone! (Well, Maybe Not Everyone.)
All good things come to an end. In January this year, what seems like a millennium ago, unemployment was at its lowest point in 50 years following 113 … Read more
It’s Raining Candidates! Hallelujah?
If you’ve been in recruiting for any length of time, you’ve dealt with that one hiring manager. You know the one. The one who is never satisfied, who wants … Read more
Labor Market: Deceptions and Explanations Behind the Unemployment Rate
The unemployment rate has dropped to 6.9% from 7.9% in October as the economy added 906,000 jobs. While that is encouraging news, the unemployment rate is … Read more
Brace Yourself — The Mass Applies Are Coming
As the saying goes, the more things change, the more they stay the same. When it comes to talent acquisition in the wake of COVID-19, this adage couldn’t … Read more
The Revolving-Door Revolution: Stop Obsessing Over Retention
In a pre-pandemic world, businesses typically valued the longevity of an employee who would stay for the long-run. Essentially, they hired for long-term … Read more
Nearly 500,000 New Jobs Added This Year
Employers continued to add nonfarm jobs at a rapid pace in February, increasing payrolls by 235,000 during the month, blowing past predictions of a more … Read more
Unemployment, Hourly Pay Decline In November; Employers Add 178,000 Jobs
U.S. employers added 178,000 new non-farm jobs during November, according to a government employment report that’s only surprise was a sharp decline … Read more