Weak Job Growth and Rising Layoffs: What Recruiters Need to Know

This is a preview. View original post on this site

To get the latest news and trends like the August 2024 jobs report delivered right to your inbox, subscribe to our newsletter. It’s free!

The August 2024 jobs report presents both a continuation of current trends and new challenges for HR leaders and recruiters. While 142,000 jobs were added, private-sector payrolls grew by only 99,000, making it the weakest month for job growth since January 2021. This sluggish growth was coupled with ongoing labor shortages in skilled industries, signaling a labor market facing persistent challenges, particularly in high-demand sectors.

Weakest Month for Private Job Growth

Private payrolls increased by 99,000 in

Read Complete Article

See also  Hire Your Customers – The Top Recruiting Source In Retail (Target this often-ignored talent pool)
,

Subscribe to Recruiting Headlines

* indicates required

RECRUITMENT MARKETPLACE


»Hire Quality Talent Faster with FastTalent


»The Diversity Job Board


»Free HR Software Advice


»RecTech PR Newswire


»HR News


»Recruiting Newsletters


»HR Tech News


»HR Freelancers


»Jobs with Relocation Assistance


»Recruiter Ebooks