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February 2024 US Labor Market Update: Tech Jobs May Be Below Pre-Pandemic Levels, but In-Person Sectors Holding Steady

High-profile tech layoffs are making news, but are not echoed across the job market as a whole. Key Points: Tech-related job postings are 25% below pre-pandemic levels, declining 2.7% in the last three months. Postings in sectors with a high share of remote-eligible roles have declined as well, falling to 8% below pre-pandemic baselines, while …

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Continue Reading... February 2024 US Labor Market Update: Tech Jobs May Be Below Pre-Pandemic Levels, but In-Person Sectors Holding Steady
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India’s Manufacturing Push Fuels Job Market Reports Indeed

Indeed Data Shows Diverse Growth: From Machine Operators to Production Managers Employers Sweeten the Deal: PF, Health Insurance Top List of Expanded Benefits According to the latest data from Indeed, the leading global hiring and matching platform, India’s manufacturing sector is booming. There are more job opportunities, and the sector is looking for new skills. …

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Continue Reading... India’s Manufacturing Push Fuels Job Market Reports Indeed
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January 2024 US Labor Market Update: Wage Growth Set to Keep Slowing, Though at an Uncertain Pace

Wage growth is still elevated on a year-over-year basis, but data from the Indeed Wage Tracker points toward a continued slowdown. Key Points: While wage growth is below its peak in late 2021 and early 2022, it remains elevated compared to pre-pandemic levels. Wages grew 3.8% year-over-year in December, according to the Indeed Wage Tracker, …

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Continue Reading... January 2024 US Labor Market Update: Wage Growth Set to Keep Slowing, Though at an Uncertain Pace
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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 …

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Continue Reading... April 2024 Labor Market Update: Posted Wage Growth Is Declining Across Sectors, but Not at the Same Rate
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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

Source link US Q1 2024 Business-to-Business Labor Market Update: The Worst May Be Over for Software Development Job Postings #BusinesstoBusiness #Labor #Market #Update #Worst #Software #Development #Job …

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Continue Reading... US Q1 2024 Business-to-Business Labor Market Update: The Worst May Be Over for Software Development Job Postings
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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 …

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Continue Reading... July 2024 Labor Market Update: Slowdown in Posted Wage Growth Suggests the Market Has Found a Groove
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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 …

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Continue Reading... May 2024 US Labor Market Update: How Much Further Can Job Openings Safely Fall?