Future Manager World’s Post

👀 Let’s have a peek at the November’s US jobs report. 💭 What are your thoughts on the slower pace of job additions in November? How do you think the accelerated wage growth will impact the labor market moving forward? #FutureManagerWorld #PlanningFutureActingPresent #FMWUSA #JobMarket #Report #Insight

Navigating the complexities of the job market is crucial for both employers and job seekers. The latest article from Bloomberg provides insightful analysis on the current trends in US employment and wage growth. It's a must-read for anyone looking to understand the economic landscape of 2024. https://lnkd.in/epWJCGAB  #ReedUSA #USJobMarket #EconomicTrends #WageGrowth

Subscribe to Market Echo, your monthly labour market report delivered straight to your inbox. 📨 Every month, we give you exclusive information like salary data, unemployment data, and top recruitment tips for your region. Subscribe today: https://lnkd.in/exT2EUZg #Newsletter #LabourMarket #CanadianLabourMarket #Unemployment

The 2024 Talent Demand study is out! See current and forecasted data on our region's occupation demand, wage growth, talent shortages and more in this annual publication: https://bit.ly/3XBBUhX

Wage growth continued to cool in the third quarter, falling below 4% year-over-year for the first time since 2021. This is an unofficial milestone that marks steady progress in easing US inflationary pressures. Read Hiring Lab's comment on the latest Employment Cost Index data which suggests that employers feel less need to raise pay to attract and retain workers. #Indeed #HiringLab #LaborMarket

Wage growth continued to cool in the third quarter, falling below 4% year-over-year for the first time since 2021. This is an unofficial milestone that marks steady progress in easing US inflationary pressures. Read Hiring Lab's comment on the latest Employment Cost Index data which suggests that employers feel less need to raise pay to attract and retain workers. #Indeed #HiringLab #LaborMarket https://lnkd.in/g-ViKaRB

The labor market continued to cool in August. Job creation among private employers slowed for the fifth straight month and wage growth was stable. The ADP National Employment Report is available at https://lnkd.in/dZdUgYvN. #labormarket #economy

Interesting to see...hiring has slowed down significantly and it's looking like wage growth will too. If you click into the link and look on our Research Institute's website, you can see it appears to be leveling out, vs. really dipping continuing to dip. So, not necessarily all bad news. One could even argue this is a good thing after a wild, wild west type boom in hiring, pay, inflation, etc. that never seemed like it would reach it's limits. #Business #Finance #Economy #Jobs #jobReports #employment #unemployment #jobhunting #jobhunt #hiring

Wage growth remains relatively strong. Annual growth in regular earnings hit 6.0% from January to March 2024, the highest since 2021. In real terms, regular pay rose by 2.0%. 👉 This steady wage growth reflects the resilience of the job market and the increasing demand for skilled professionals. To attract and retain top talent, ensure your compensation packages are competitive and align with market trends. Additionally, focus on offering benefits and growth opportunities that make your company stand out. How are you planning to adjust your salary strategies and employee benefits to match this trend? #WageGrowth #TalentRetention #JobMarketTrends

Chart in The Daily Shot of the wage growth difference between Job Switcher and Job Stayer based on the Atlanta Fed Wage Growth Tracker. As the job market is less tight and quits are back to pre-pandemic levels because there is less incentive to switch jobs. #wagegrowth #jobstayer #jobswitcher