Wake up with us! ☕ Grab your drink of choice and catch up on our timely articles ...covering pay transparency, tech layoffs, recession possibilities, and more. Find it all at https://hubs.li/Q01s-Gld0. #News #Recruitment #LaborEconomics
Despite being in the thick of the holiday shopping season, consumer spending has ...shifted away from retail 🛍️ What does this mean for recruiters hiring in the retail industry? Check out our October Labor Market Snapshot to learn more: https://hubs.li/Q01s-VMQ0
Transportation and Warehousing, which was a powerhouse sector during the pandemic recession recovery, has slowed considerably. Consumer demand has shifted, changing the demand for labor in the sector. Warehousing, in particular, is driving employment trends down.
Construction Hints at Soft Landing
Construction is resilient against rising interest rates and stubbornly high inflation. The sector is a bright spot in the labor market: gains are steady but demand is relatively low, making a “soft landing” seem possible elsewhere.