Tag: slowdown
Posted in WP-8
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 …
Posted in WP-8
Indeed lays off 1K employees, citing ‘global slow-down’ in hiring
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Indeed laid off approximately 1,000 employees Monday, or about 8% of the company, Indeed CEO Chris Hyams announced May 13 in a letter to employees, a move driven in part by “a global slow-down in hiring,” the …