Posts
Dec 16, 2024 – 3 mins read
November Jobs Report: A Strong Finish to the Year, but What’s Next?
The November Jobs Report is in! ✅ 227,000 jobs added showing steady growth across key sectors like healthcare and hospitality. ✅ Unemployment at 4.2% more people are rejoining the workforce, a sign of growing confidence. ✅ Wages up 4% year-over-year, keeping the hiring market competitive. The labor market’s momentum is holding strong, but finding the right talent is still a challenge.
Sep 04, 2024 – 2 mins read
August 2024 Jobs Report: Resilience Amidst Challenges
The U.S. economy added 187,000 jobs in August, reflecting slower growth. The unemployment rate increased to 3.8%, with a rise in the labor force participation rate to 62.8%. Wages grew by 4.3% year-over-year, helping offset inflation. Healthcare led job growth with 71,000 jobs, followed by construction with 25,000 jobs. Manufacturing remained stagnant, adding only 1,000 jobs. The labor market shows signs of cooling, but companies are strategically hiring in key sectors, balancing caution with talent competition.