Tag: Labor
US Q1 2024 Business-to-Business Labor Market Update: The Worst May Be Over for Software Development Job Postings
US Q1 2024 Business-to-Business Labor Market Update: The Worst May Be Over for Software Development Job Postings – Indeed Hiring Lab Share Open Menu angle-down Share
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July 2024 Labor Market Update: Slowdown in Posted Wage Growth Suggests the Market Has Found a Groove
In a sign of a rebalanced labor market, growth in wages and salaries advertised in job postings has leveled off at its pre-pandemic pace. Key points: Annual posted wage growth has registered 3.1% in each of the past three months and is in line with the pre-pandemic average. This stabilization is broad-based, with steady wage …
Labor Department releases principles on AI and workers, with pledges from Microsoft, Indeed
The Biden administration this week released a list of principles meant to govern how workers interact with artificial intelligence. The move comes in response to last year’s AI executive order and will be followed by a new list of best practices expected to be published by the Labor Department. The principles focus on values like …
May 2024 US Labor Market Update: How Much Further Can Job Openings Safely Fall?
Job openings don’t have much further to fall to return to the rough pre-pandemic balance between openings and unemployment, and by some measures may already be there. Key points: Job openings have fallen more than 30% from their peak, but unemployment has only gradually drifted upward. A review of models from leading economists on the …