July’s jobs report indicates a labor market that is performing below expectations and raising some concerns. Here are some of the key takeaways: 114,000 jobs were added in July Unemployment increased from 4.1% to 4.3%—the highest since October 2021 Workforce participation increased from 62.6% to 62.7% Wage growth increased by 0.2% month-over-month. The report was …
The latest jobs report for June highlights a cooling labor market in line with expectations. Here are some of the key takeaways: 206,000 jobs were added in June Unemployment increased from 4% to 4.1% Workforce participation increased from 62.5% to 62.6% Wage growth increased by 0.3% month-over-month Some experts are feeling more hopeful of …
Despite expectations for a cooler month, employment showed strong growth in May. Here are some of the key takeaways from the latest jobs report: 272,000 jobs were added in May Unemployment increased from 3.9% to 4% Workforce participation decreased from 62.7% to 62.5% Wage growth increased by 0.4% Below we’ll review the latest labor …
What does it really mean to lead authentically and how can that help drive diversity, equity, and inclusion (DEI) in the workplace? Yemi Akisanya, Senior Executive and Vice President of Justice, Equity, Diversity, Inclusion (JEDI) and People Experience at Axon, explored this question during a recent HR HotSpot webinar. During the webinar, Yemi provided strategies …
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Month after month, headlines describe a U.S. labor market that is “strong,” “robust,” “hot”—and so on. This month is no different. Here are some of the key takeaways from the latest jobs report: 303,000 jobs were added in March, above the forecasted 200,000. Unemployment dropped slightly from 3.9 to 3.8%—and remains under 4% …
On the surface, February was in many ways, “typical.” This was another month of strong job growth, and little changed in workforce participation and unemployment. But if you look closer at the data, the economic landscape isn’t quite as it appears at first glance. Despite consistently strong job gains, right now, employers and employees are …
January was a robust month for job growth—with job gains reminiscent of pre-pandemic levels typical for the first month of the year. The economy remains stronger than ever. People have continued to spend. And the Feds have held interest rates steady again. We’ll discuss what’s going on in the labor market and what this means …
December marked a strong end to a robust year of job growth in the labor market. And while last month’s jobs report showed higher than forecasted job gains, it has also gently slowed from the high job growth in 2021 and 2022. After several interest rate hikes throughout the year, inflation lowered …
“Soft landing” was the name of the game this year. As 2023 comes to an end, December’s jobs report shows a steady labor market. 199,000 jobs were added in November, an increase from October’s job gains of 150,000. And September’s hot market growth was revised down from 336,000 to 267,000, showing a significantly cooler labor …
Sam and Kyle had a vision for their future, but finding the right job to bring that vision to life wasn’t easy. When they finally found the perfect fit, everything changed. We sat down with Sam and Kyle to hear their story. So, Sam and Kyle, tell us about how you both started your careers. …
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