Recruiting Headlines

US Q3 2024 Retail Labor Market Update: Moving Right Along With the Rest of the Labor Market

This is a preview. View original post on this site

Takeaways: 

The consistent decline in job postings that began in early 2022 showed signs of leveling off in Q3 2024. As of Oct.18, job postings were 10.8% above pre-pandemic levels.  Postings for Hospitality & Tourism roles were down  20.7% year-over-year as of Oct. 18.   Posted wage growth for Retail and Food Preparation & Service roles has leveled off in recent months. Pay transparency climbed in Retail and Hospitality & Tourism postings, but dropped in Food Service & Preparation.  Video of Indeed Hiring Lab Sr. Economist Daniel Culbertson discussing the 2024 Labor Market Update Q3 with a

Read Complete Article

Exit mobile version