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Monthly U.S. Labor Market Report - June 2024

Jul 08, 2024 – 2 mins read

Monthly U.S. Labor Market Report - June 2024

The U.S. labor market showed strong resilience in June 2024, with the unemployment rate dropping to 3.6% and job openings rising to 10.3 million, a 5% increase from May. Wage growth was significant, with average hourly earnings up by 4.2% year-over-year. However, challenges such as skills mismatches and regional disparities persist. Employers are advised to invest in training, offer competitive compensation, and tailor recruitment strategies to regional conditions. Business Draft remains committed to supporting your recruitment needs with our all-in-one Applicant Tracking System (ATS). Stay tuned for more insights next month.

Aug 22, 2024 – 3 mins read

The Evolution of Applicant Tracking Systems - A Look at What's Next

For years, Applicant Tracking Systems (ATS) have remained largely stagnant, offering minimal innovation and frustrating both recruiters and candidates. Business Draft is changing that by reinventing ATS technology with smart candidate matching, virtual interviews, and real-time analytics. We're driving the future of recruitment with AI-powered personalization, all-in-one platforms, and enhanced candidate experiences. At Business Draft, we’re not just following trends—we're setting them, making hiring smarter, faster, and more efficient.

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