Tag: April
Posted in WP-8
April 2024 Labor Market Update: Posted Wage Growth Is Declining Across Sectors, but Not at the Same Rate
Despite a broad slowdown, posted wage growth is still pretty strong in several categories, with childcare standing out for consistent growth. Key Points: U.S. posted wage growth as measured by the Indeed Wage Tracker slowed to an annual pace of 3.1% in March, equal to its pre-pandemic, 2019 average. Wage growth slowed from a year …
Posted in WP-8
April 2024 Jobs Report: Solid and Slowing Down
Key points The labor market downshifted in April with employers adding 175,000 jobs; a notable slowdown from the pace in the first few months of the year. The unemployment rate ticked up to 3.9% — a sign that perhaps job gains need to be faster to keep joblessness steady. The continued slowdown in wage growth …