Labor Market Conditions Softening Slowly
The labor market is gradually softening. Job openings fell to 10.3 million in October, continuing a months-long trend of...
Category: Recruitonomics
Warehousing Sector Loses Its Powerhouse Status
The post Warehousing Sector Loses Its Powerhouse Status appeared first on Recruitonomics. Read Complete Article
The Future of Recruiting: Worker Power Today and in 2030
The world of work has changed – labor shortages and transformed opinions of the workplace have changed the way...
The Invisible Tech Layoffs
The tech sector has faced major challenges in the last few weeks. Twitter is dealing with a shift in...
It Pays to Be Transparent
Pay transparency laws are sweeping the nation – and they’re changing the game of recruiting. No longer do job...
Inflation May Have Turned a Corner
There’s finally some positive news on the inflation front – the consumer price index eased last month. Prices were...
Retail Sector Is Naturally Trimming Its Workforce
The labor market remained strong in October. As always, though, some sectors are doing better than others – and...
Labor Market Is A Bright Spot But It’s Not All Sunny
The U.S. labor market continues to hum along. In October, 261,000 net new jobs were created – above market...
Interest Rate Hikes Pack a Lagged Punch
Today, the Federal Reserve announced a fourth consecutive 75 basis point interest rate hike, continuing the central bank’s battle...
Job Openings Rebound, But Underlying Cooling Continues
The remarkable labor market cooling seen in August reversed in September – job openings increased by nearly 437,000. Demand...
Calm Under The Chaos: Spending Steady And Wage Growth Moderating
Our understanding of the economy is potentially at an inflection point. This week and next bring a slew of...
Growth Rebounded, Despite Housing Market Slowdown
The economy grew by 2.6% annual rate in the months of July through September (Q3) 2022. This early estimate...
Healthcare Openings Cool
The post Healthcare Openings Cool appeared first on Recruitonomics. Read Complete Article
Housing Demand Slows, but Construction Employment Steady
Rising mortgage rates are impacting the housing market: home sales fell for an eighth consecutive month in September, now...
Unemployment Claims Falling Back to Earth
Initial jobless claims fell last week. The claims are a proxy for layoffs – the decrease offers further evidence...
Recruitment Challenges Encourage Labor Hoarding
The recruitment landscape has undergone a transformation during the past two years. The process of bringing a workforce back...
Are Workers Returning? Depends on Their Age
Labor force participation still lags behind its pre-pandemic level, but some age groups are faring far better than others....
Inflation Is Stubbornly High And Seeping Into Services
Inflation will not go gentle into that good night. The September Consumer Price Inflation (CPI) report came in “hot”...
Food Services Shifts Reflect Larger Market Trends
Accommodation and food services and more broadly the leisure and hospitality sector has had a difficult past two years....
Resilient Labor Market Despite Three Shifts
The U.S. labor market is resilient. The economy is undergoing at least three critical shifts: consumer demand, inflation, and...