The jobs report 2023 year in review shows us last year was in many ways a reset year for the job market. The market has remained resilient despite the headwinds of inflation, slowing economy, and return to normal work patterns. We still have extremely low unemployment and solid job growth….
The May 2023 Jobs Report indicates that several months of job openings easing back to normal levels abruptly reversed course in the latest BLS data for April. Job openings increased to 10.1 million from an adjusted 9.7 million. Job openings now remain at 40% above pre-pandemic levels. Additionally, layoffs and…
Our April 2023 jobs report shows trends in supply/demand of job seekers compared to job postings continue to impact Health Care and Professional and Scientific industries, which are seemingly always in short supply. Over the past 12 months, there is about a 25-35% shortage of workers to fill these positions….
The March 2023 Jobs Report gives us a glimmer of hope based on higher open posting volume and less average open days. I am a contrarian by nature. I very rarely accept things at face value without questioning their validity. I did not believe the record BLS job openings number…
On the surface, the February 2023 Jobs Report indicates the job market still appears relatively healthy. The Bureau of Labor Statistics JOLTS data shows job openings 50% above pre-pandemic levels, layoffs while up are still below average and unemployment remains low. In addition, last month we showed modest job posting…
The job report 2022 year in review shows us the job market has been less than predictable. Market stability in a post-pandemic era is still elusive. Our mission at Public Insight is to take all the noise in this market and turn it into meaningful, actionable insights. Each month we…
Even though we are in the midst of a borderline recessionary economy, our January 2023 jobs report shows job openings rose to 11 million in December according to the latest BLS JOLTS data. This is still 50% above pre-pandemic levels and has remained in record territory for many months now….
In the December 2022 jobs report we see that the number of job postings with advertised pay rates has doubled compared to a year ago. Only four in ten job ads in 2021 included pay vs. eight in ten job ads in 2022. Between regulations, job board requirements, and simply…
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…