US Labor Market Shows Signs of Slowdown as Job Switchers Decrease / is on Nostr

Resilience of the US labor market despite a slowdown in job growth and ongoing layoffs

Last Notes

2024-07-22 05:13:59

Internship Opportunities Dwindle for Graduates in the US and UK
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#b06621a6 ver:0.21
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#newstr #JobMarket #Internships #Uk #Us #WhitecollarJobs
https://here.news/story/b06621a6?ver=0.21

2024-07-01 07:05:02

Internships Dry Up for British Graduates Amid Wider Jobs Slowdown
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#b06621a6 ver:0.2
The UK job market is experiencing a slowdown, with internships for graduates at a seven-year low. The decline is part of a wider hiring slump, driven by high borrowing costs and wage pressures. Graduates are turning to lower-paying sectors like retail and hospitality, where wages have risen. Similar trends are seen in the US, particularly in white-collar sectors. However, economists remain optimistic that graduates will find opportunities in industries like healthcare and hospitality. #JobMarket #Graduates #Internships #Economy...
#newstr #Internships #JobsMarket #Graduates #UkEconomy #UsEconomy
https://here.news/story/b06621a6?ver=0.2

2024-07-01 07:05:02

2024-06-20 01:00:56

Job Market Challenges Persist for Job Seekers, Especially New College Graduates
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#b06621a6 ver:0.19
Despite the challenges in the job market, job seekers, especially new college graduates, can improve their chances by evaluating their approach, setting career goals, networking, tailoring resumes, developing skills, and maintaining a positive mindset. The tech industry is facing a reversal of trends, leading to layoffs and a more competitive job market. However, industries like healthcare, government, and leisure and hospitality continue to add jobs each month. The unemployment rate for new college graduates is 4.3%, and while they may face lower re-employment rates compared to experienced workers, economists believe they will eventually find jobs. #JobMarket #JobSeekers #NewGrads #CareerAdvice...
#newstr #JobMarket #CollegeGraduates #Unemployment #EmploymentRates
https://here.news/story/b06621a6?ver=0.19

2024-06-16 13:03:58

Job Market Challenges Persist for Job Seekers, Especially New College Graduates
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#b06621a6 ver:0.16
Job seekers, including new college graduates, face persistent challenges in the job market. Factors like economic turbulence, supply chain disruptions, and the tech industry's reversal of trends contribute to the difficulty. The average recruitment process now takes 43 days. Despite this, the US added 272,000 jobs in May, but the unemployment rate climbed to 4%. To improve job search success, seekers should evaluate their approach, network, tailor resumes, and develop skills. New college graduates face a tough market, with entry-level job prospects diminishing and only 13% finding work in the past six months. Employers prioritize experienced workers and skills-based hiring. However, economists believe graduates will eventually find jobs as certain industries continue to add jobs each month. #JobMarket #Challenges #JobSeekers #NewGraduates #Unemployment #SkillsBasedHiring...
#newstr #JobMarket #CollegeGraduates #Unemployment #Hiring #SkillsbasedHiring
https://here.news/story/b06621a6?ver=0.16

2024-06-16 13:03:58

2024-05-09 20:57:15

White-Collar Job Market Slows Down as Overall Labor Market Remains Resilient
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#b06621a6 ver:0.14
The US labor market remains resilient despite a slowdown in job growth. White-collar workers are experiencing slower growth compared to other sectors. Healthcare and government sectors dominate job gains, while well-paying industries like finance and technology are being affected. Tech companies have cut jobs but continue to selectively hire for niche roles. Job seekers may face challenges in finding new opportunities, with employers having the upper hand in the market. #LaborMarket #JobGrowth #WhiteCollarJobs #Resilience...
#newstr #WhitecollarJobs #JobMarket #Unemployment #LaborMarket #Economy #Finance #Technology #ProfessionalServices #Healthcare #Government
https://here.news/story/b06621a6?ver=0.14

2024-05-03 13:54:21

US Labor Market Adds 175,000 New Jobs, Undershooting Forecasts, Revealing a 'Two-Track Labor Market'
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#b06621a6 ver:0.12
US labor market adds 175k jobs, undershooting forecasts, revealing a 'two-track labor market'. Unemployment rate slightly increases to 3.9%. Skilled labor in demand as white-collar hiring slows. Front-line service industries continue to grow. Despite challenges, US labor market remains resilient. #jobs #economy #unemployment...
#newstr #UsLaborMarket #JobGrowth #UnemploymentRate #SkilledLabor #GraduateDegrees #FrontlineServiceIndustries
https://here.news/story/b06621a6?ver=0.12

2024-05-03 12:58:09

US Labor Market Adds 175,000 New Jobs, Undershooting Forecasts
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#b06621a6 ver:0.11
Despite falling short of expectations, the US labor market added 175,000 jobs in April, showing resilience. The unemployment rate increased slightly to 3.9%, but the overall strength of the economy remains solid. The Federal Reserve can still push back on rate cut expectations. Skilled labor is in demand as white-collar hiring slows, with higher unemployment rates in business services and lower rates in manufacturing. The US labor market is poised for continued growth. #Jobs #Economy #LaborMarket...
#newstr #UsLaborMarket #JobGrowth #UsEconomy #UnemploymentRate #SkilledLabor #WhitecollarHiring
https://here.news/story/b06621a6?ver=0.11

2024-04-30 13:53:12

US Labor Market Shows Signs of Slowdown as Job Switchers Decrease and Employment Costs Accelerate
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#b06621a6 ver:0.07
Despite a slowdown in job growth, the US labor market remains resilient with a solid overall strength. Layoffs continue, but the economy continues to add jobs and the unemployment rate remains low. Central banks are considering tight labor markets when deciding interest rates. US labor costs accelerated in Q1, driven by government sector and minimum wage hikes. The labor market price pressures may ease gradually throughout the year. The US labor market is poised for continued growth. #USjobs #economy #resilience...
#newstr #UsLaborMarket #JobGrowth #Layoffs #UsEconomy #UnemploymentRate #FederalReserve #LaborCosts
https://here.news/story/b06621a6?ver=0.07

2024-04-30 13:53:12