Tag

Employmenttrends

All articles tagged with #employmenttrends

economy2 years ago

"December Jobs Report: Market Implications Amid Hiring Slowdown and Economic Signals"

The December jobs report is expected to show a slight cooling in the labor market with the addition of 170,000 jobs, a decrease from November's 199,000, and a slight uptick in the unemployment rate to 3.8% from 3.7%. Despite this, the labor market remains strong with low unemployment and layoffs, and job vacancies still higher than pre-pandemic levels, indicating continued demand for workers and potential for a 'soft landing' for the economy.

business-and-economy2 years ago

"2024's Top Earning Jobs: In-Demand Careers with Double-Digit Pay Growth"

Payscale's End-of-Year Report highlights ten jobs with significant wage growth in 2023, which are expected to remain in high demand in 2024. These include customer service assistant manager, hairdresser, master plumber, and others, with wage increases ranging from 18% to 24%. The report emphasizes a shift towards trade and self-employment positions, with a growing trend of employees seeking jobs that fit their lifestyle. Despite economic uncertainties, the job market continues to be employee-driven, with self-employment on the rise since the pandemic. U.S. employers are planning for a 3.8% average base salary increase in 2024, while the unemployment rate remains around 3.7%, with 8.79 million job openings reported in November.