The June Jobs Report reveals robust job growth across key sectors despite a minor uptick in unemployment, impacting hiring strategies and workforce planning. #StaffingSolutions #JobsReport #MondoInsights
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March 2024 JOBS REPORT: 💪 Growth was strong, adding 303K jobs to the US economy vs expectations of 205K. 📊 Unemployment rate dropped slightly to 3.8%, - continuing the longest streak of below 4% unemployment since the late 1960s. 🎓 Unemployment rate for college-degreed workers 25+ decreased to 2.1%, from 2.2%.
Robert Half on LinkedIn: March 2024 Jobs Report: Employers Add 303,000 Jobs
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The May 2024 jobs report has been released and shows 272,000 jobs added with unemployment steady at 4%. Key sectors are thriving. Check out the latest economic trends and insights for talent acquisition leaders. #recruitmentmarketing #jobtrends #jobsreport #economictrends
May Jobs Report Shows Continued Strength with 272,000 Jobs Added
https://www.recruitmentmarketing.com
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ERE asks #Recruiters: Are You Ignoring the Real Trends in June's Jobs Report? The June 2024 BLS Jobs and Unemployment report offers several key insights that #recruiters should note. Here are the main takeaways and their implications for the #recruiting industry: Positive Job Gains Across All Sectors The U.S. economy added 206,000 jobs in June, surpassing expectations. The sectors contributing most to this growth include #government, #healthcare, social assistance, and #construction. #Recruiters should focus on these booming sectors to uncover potential opportunities. #Unemployment Rate Slightly Rises The unemployment rate increased slightly to 4.1% from 4.0% in May. While this slight uptick isn't cause for alarm, it might indicate a cooling labor market. This could mean an increased availability of candidates as the market slows down. Stable #LaborForceParticipation Rate The labor force participation rate remained steady at 62.6%, with a notable participation rate of 83.7% among prime-age workers (ages 25-54). This stability suggests a robust pool of active job seekers, especially within the core working-age group. Yearly Wage Growth Yearly wage growth stood at 3.9%, likely outpacing inflation. This indicates that employees are experiencing real wage gains, which could influence compensation expectations during recruitment. Challenges in Certain Industries Despite overall job growth, sectors such as #manufacturing, #retail, #consulting, and #businessservices reported job losses. The report highlights ongoing challenges in finding skilled candidates, with 8.1 million job openings at the end of May. Recruiters should target these industries to identify available talent.
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Strategic Leader with a Passion for Talent Development | Mentor | Building C-level Relationships #Leadership #StaffingSolutions
Economist expectations were beat once again as the BLS released the February Jobs Report. 275k jobs were added overall and unemployment edged slightly up to 3.9%. Analysts had predicted 200k job additions with no change in unemployment. This latest report shows STEM hiring is continuing to fuel growth in our industries. Here’s a look at key hiring insights: 275K total jobs added 15.7K tech/life sciences jobs added 6.4K engineering jobs added -4K manufacturing jobs lost 1K finance jobs added -400 marketing jobs lost The February jobs report means we're continuing a history-making stretch of labor market expansion. This is now the fifth-longest labor market expansion on record and we're experiencing a streak of sub-4% unemployment that hasn’t been seen since Nixon was in office. Read our latest blog post breaking down the numbers and what they mean for the future of our industry. https://lnkd.in/gGP-zFPk
BLS reports 275k jobs in February | Specialist Staffing Group posted on the topic | LinkedIn
cvsoci.al
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Yesterday's jobs report signaled continued economic growth as over 330,000 more jobs were added to the labor market. Read more from The New York Times: https://lnkd.in/gwMh9zNK #JobsReport #EconomicGrowth #Jobs #JobGrowth
September Jobs Report: U.S. Job Growth Remains Strong
nytimes.com
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The latest jobs report reveals strong job growth in May, with U.S. employers adding 272,000 jobs, including significant gains in health care, government, and leisure sectors. However, the tech and IT job market faces mixed signals, as the overall unemployment rate rose to 4 percent and household survey data indicated fewer people working, despite wage growth being stronger than expected. This suggests potential challenges ahead for the tech industry, with economic uncertainty and inflation concerns influencing future hiring and market stability.
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TOP TAKEAWAYS FROM THE MARCH 2024 JOBS REPORT: 📈 Job growth remained strong in March adding 303K jobs to the US economy and far surpassing economists' expectations of 205K. 📅 The jobless rate dropped slightly to 3.8% - continuing the longest streak of below 4% unemployment since the late 1960s. 🏢 Top job gains included: healthcare, government and construction. #JobsReport #BLS #RobertHalf Read more: https://lnkd.in/g-sxikiS
BLS March 2024 Jobs Report Snapshot: 303,000 Jobs Added and 3.8% Unemployment Rate
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Economist expectations were beat once again as the BLS released the February Jobs Report. 275k jobs were added overall and unemployment edged slightly up to 3.9%. Analysts had predicted 200k job additions with no change in unemployment. This latest report shows STEM hiring is continuing to fuel growth in our industries. Here’s a look at key hiring insights: 275K total jobs added 15.7K tech/life sciences jobs added 6.4K engineering jobs added -4K manufacturing jobs lost 1K finance jobs added -400 marketing jobs lost The February jobs report means we're continuing a history-making stretch of labor market expansion. This is now the fifth-longest labor market expansion on record and we're experiencing a streak of sub-4% unemployment that hasn’t been seen since Nixon was in office. Read our latest blog post breaking down the numbers and what they mean for the future of our industry. https://lnkd.in/gGP-zFPk
BLS reports 275k jobs in February | Specialist Staffing Group posted on the topic | LinkedIn
cvsoci.al
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353,000 jobs added to economy in January 2024 — 2x more than economists predicted Last month, the economy displayed remarkable resilience by adding 353,000 new jobs and sustaining an unemployment rate below 4% for the last 12 months. While this is good news at first glance, with strong job gains comes increased competition for limited talent supplies. Click to read Hireology's advice on how to stand out from the competition and make the hires your business needs to be successful: https://hireolo.gy/3uAH96V
Hiring Tips Based on the January '24 BLS Jobs Report
https://hireology.com
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Economist expectations were beat once again as the BLS released the February Jobs Report. 275k jobs were added overall and unemployment edged slightly up to 3.9%. Analysts had predicted 200k job additions with no change in unemployment. This latest report shows STEM hiring is continuing to fuel growth in our industries. Here’s a look at key hiring insights: 275K total jobs added 15.7K tech/life sciences jobs added 6.4K engineering jobs added -4K manufacturing jobs lost 1K finance jobs added -400 marketing jobs lost The February jobs report means we're continuing a history-making stretch of labor market expansion. This is now the fifth-longest labor market expansion on record and we're experiencing a streak of sub-4% unemployment that hasn’t been seen since Nixon was in office. Read our latest blog post breaking down the numbers and what they mean for the future of our industry. https://lnkd.in/gGP-zFPk
BLS reports 275k jobs in February | Specialist Staffing Group posted on the topic | LinkedIn
cvsoci.al
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