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2023 has been a year of mixed headlines on labor. While some industries (like tech) have announced round after round of layoffs, others (like healthcare) are plagued by persistent workforce shortages. Meanwhile, unions in a variety of industries are striking to demand better pay, better protections and better working conditions.
So what does all this mean for recruitment efforts? Not much, unfortunately. Too much depends on the specifics of a given organization: size, industry, location, etc. The good news: while headlines can’t offer much guidance on how to adjust recruitment efforts, labor market data can.
Here are four key questions aggregate labor market data