The November 2022 Jobs Report shows that the job market continues to be an enigma. Job openings remain over 40% above pre-pandemic levels, and the estimated average number of days to fill a posting increased 12 days to 135 days. This means the average job posting factoring in reposting is…
The October 2022 jobs report market data indicates there are still lots of jobs with nowhere to go. Put another way, volume remains at or near record levels (quantity), but jobs are not getting filled timely (quality). The mid-point of advertised compensation increased 2.3% from the previous quarter, however, the…
Our September 2022 jobs report reflects the job market being down from recored highs, however it is still way above pre-pandemic levels. The news has painted a grim picture of the labor market based on the latest JOLTS data, but we need to put things in perspective. There are a…
Before we get into workforce migration, let’s recap the most recent labor market data. It indicates we may finally be seeing the light at the end of the tunnel in terms of job market stability. Job openings are declining indicating jobs may be finally being filled. Quit rates have leveled…