All #Labor Markets Stories

Around the world, tight labor markets, economic headwinds, and new technologies have rewritten the rules of finding the right talent. Where does the world of recruiting stand now?

Employment growth in the food services and healthcare sectors has remained strong, which could help the labor market withstand a recession.

The jobs market remains strong! In April, payroll employment rose by 253,000 and the unemployment rate fell to a half-century low of 3.4%.

Weekly initial unemployment claims rose slightly, but remain low and relatively flat. The labor market is cooling, but remains resilient.

The U.S. added 236,000 jobs in March and the unemployment rate ticked down to 3.5%, signs of a strong but cooling labor market. This is what the Fed wants to see to justify the ending its cycle of rate hikes.

As the Fed tried to balance inflationary and financial pressures, its latest hike appeared almost dovish compared to past decisions.

In February, the U.S. economy added 311,000 jobs, exceeding market expectations. Job gains and the labor market overall remain very strong.

The Canadian economy added 22,000 jobs last month. Though subdued compared to January, this data shows continued labor market strength.

In 2022, the labor market was unpredictable. The labor market rebalance in 2023 will see a return to center for "out of whack" industries.

Retailers face uncertainty heading into the holiday season. Several factors will impact their seasonal hiring goals this year.

Retailers experienced steady sales in July, balanced by decreased spending at gasoline stations and increased spending at building supply stores.