All #US Stories

Silicon Valley Bank’s failure from a lightning-quick bank run on March 10, the second largest in US history, has spooked financial markets.

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

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

The Personal Consumption Expenditures price index came in hotter than expected in January, suggesting inflation will be hard to shake in 2023.

At the onset of the pandemic, females in the workforce suffered. From February to April 2020, prime-age labor force participation among women plummeted 3.5 percentage points, from 77% to 73.5%.

Tuesday's report was a reminder of two key things: inflation is not a single number, and never decide too much from a month’s worth of data.

There is a confounding disconnect between soft and hard data in the US. Gloomy consumers and businesses created a "vibecession" last year, even though the hard data was strong.

The same tight labor market that has plagued recruiters in the past couple years has brought job seekers back into the fold, softening recruiting costs.

The U.S. economy added an astonishing 517,000 net new jobs in January; last month's jobs report was almost too good to be true.

Wage growth slowed in the fourth quarter of 2022, encouraging news for Federal Reserve officials worried about too strong growth.

Inflation may be turning a corner but there are still some threats that could run it off the road, some of which are still unknown.

In the past two years, wage growth has been dramatic for low-wage workers, reducing inequality. Can this trend continue into 2023? 

Today's inflation will determine tomorrow's labor market. What does the latest CPI report mean for 2023's economy?

Demand in the manufacturing sector has withstood the Federal Reserve's combative monetary policy. Because of consumer spending and new investments, employment growth in the sector has been better than ever.

The U.S. job market ended 2022 with better-than-expected job growth, a 50-year low in the unemployment rate, and encouraging wage growth trends for the Fed’s fight against inflation

For recruiters, 2022 has been a confusing years. What economic trends contributed to the difficult recruitment landscape this year?

This year, inflation may be a hot topic around the holiday table. Here’s what you need to know to engage meaningfully in these discussions.

Retail sales fell by 0.6% in November, suggesting the season of giving is turning into the season of cutting back.

The pace of price increases slowed in November, but Federal Reserve officials remain on edge, delivering pessimistic projections.

Big tech companies have announced historic layoffs in the past month, but recent data proves that they are not the whole industry.

The U.S. job market may be too strong, despite headlines of tech layoffs and fears of recession. Employment gains exceeded expectations in November, while wage growth was super strong.

Job openings fell in October, continuing to suggest cooling in the labor market. However, both openings and quits remain historically elevated.

Warehousing suffered in October, reflecting the shifting preferences of consumers towards services and away from goods. The sector lost 20,000 jobs, its worst month since April 2020.

Recently, major tech companies have engaged in devastating layoffs. But, the tech sector is still adding jobs and jobless claims remain low.

Pay transparency laws are sweeping the nation and changing the world of recruiting. How do these shifting norms impacts recruiters?

Inflation, even the less volatile core measure, cooled in October, which is encouraging news for both the Federal Reserve and consumers.

The elevated quits rate in retail allows employers to naturally decrease the size of their workforces just by cutting back on hiring.

In October, 261,000 net new jobs were created – but the unemployment rate increased to 3.7% from 3.5 (which was a 50-year low).

The Federal Reserve is working hard to slow the economy, but consistent rate hikes have yet to curb inflation.

Job openings jumped in September after a dramatic decrease the month before. But wider turnover trends hint at a slowly cooling labor market.

Our understanding of the economy is potentially at an inflection point. New data will give insights on the underlying calm of current chaos.

Early estimates of Q3 GDP show a rebound in growth, despite interest rate increases deterring housing market investment.

Healthcare openings are declining, but recruiting costs remain stubbornly high.

Construction employment trends in September showed strength despite economic confusion. Download the sector's Labor Market Snapshot for more!

Initial jobless claims – a proxy for layoffs – decreased last week, evidence that the labor market is still very tight.

Discouraged by the state of recruiting in an overheated market, employers are hoarding labor as uncertainty mounts.

Labor force participation still lags behind its pre-pandemic level, but some age groups are faring better than others.

Rising core and services prices in September remind us that inflation will not go gentle into that good night.

Recent turnover and wage trends for restaurant workers hint at more substantial changes across the labor market.

The U.S. economy is facing three important shifts, but the labor market remains resilient, adding 263k jobs in September.

What would a potential recession look like in this period of high inflation and high labor demand? Looking back to 1973 may hold some clues.

In August, job openings fell dramatically. The tight labor market of the last two years may finally be cooling off without layoffs increasing.

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

The Fed's updated economic projections for 2023 and beyond featured slower growth and higher unemployment, but is this outlook a guarantee?

New projections from the Federal Reserve show increased unemployment and decreased growth will be necessary to bring down inflation. 

Seasonal hiring is officially upon us, but the competition for seasonal workers may be decreased this year.

In August, prices were up 8.3% from the year before, and less volatile core measures remained stubbornly high.

Our new Labor Market Snapshots will help recruiters understand the economic forces shaping their recruitment challenges.

The sector’s employment gains have plateaued after two years of impressive, pandemic-driven growth. Why has the boom petered out?

Moderating wage gains, an increased labor force participation rate, and steady employment gains make for an encouraging August jobs report.