With our December 2023 jobs report release it is a good time to reflect on 2023, which in my opinion was a reset year. It appears that we have survived the headwinds of inflation, slowing economy, and return to normal work patterns. We still have extremely low unemployment and solid…
Our September 2023 Jobs Report indicates we are seeing moderation in compensation levels as inflation has also moderated. On a composite basis, wages were flat from Q2 2023 to Q3 2023. However, this moderation was not uniform across occupations. Some occupations in fact experienced declining wages as we discuss below….
In the August 2023 Jobs Report we take a closer look at employer reviews and see what is driving employee satisfaction and net promoter score (NPS). In recent weeks we have focused on employee happiness through a series of LinkedIn video blogs. Employers in the post-pandemic era are wise to…
In the July 2023 Jobs Report we take a detailed look at job market trends for supply and demand by industry sector, open postings aging, and posting volume. The pandemic drove a chronic shortage of workers in hospitality and retail. Any companies that had jobs involving face-to-face communication had problems…
In the June 2023 Jobs Report we take a holistic view of job and labor stats and the disconnects that exist. We use the words “new normal” to describe a lot these days. In the post-pandemic era we may have to apply it to many aspects of today’s labor market….