This is What Job Seeker Bargaining Power Looks Like
More than half of employed job seekers think their current employer will ask them to stay and make a counteroffer if they resign Employers to Employees: Please Don’t Go! Instead of asking workers to leave,
Jobs Are Plentiful Across the Nation
10 States Hit Highest Job Openings Rates in Their History There are 11.3 million job openings nationwide, and the U.S. labor market is tighter than ever, according to the Job Openings and Labor Turnover Survey
January 2022 Had the Tightest Labor Market on Record
Today’s JOLTS report underscores how remarkable the current labor market climate is. It is the tightest labor market on record, with nearly 5 million more job openings than unemployed Americans. And the Great Resignation continues,
The Jobs Recovery Accelerated as Omicron Faded
Quotes may be attributed to Julia Pollak, Chief Economist at ZipRecruiter, a leading online employment marketplace The U.S. economy added 678k jobs in February as Omicron faded, soundly beating expectations. Totals for the prior two
The Labor Force Participation Rate for Persons With a Disability Is Nearly 2 Percentage Points Higher Than Pre-pandemic
Labor force participation dropped sharply at the start of the pandemic, and has still only partially recovered. Most population groups have seen substantial declines in employment and labor force participation. But there are a few
Pennsylvania Saw the Lowest Number of Layoffs in the Nation’s History
Only 1.1 million people — 0.8% of all U.S. employees— lost their jobs in December, according to the nationwide Job Openings and Labor Turnover survey. That is the lowest number of people laid off in
Why Ongoing Labor Shortages Could Boost Employment and Earnings for African Americans
Labor shortagLabor shortages have played an outsized role in black American history, from slavery to the world wars to the present. Although labor shortages in the early colonies formed the rationale for bringing enslaved Africans
Despite Disrupting Employment in Multiple Ways, Omicron Barely Dented the Jobs Recovery
Over the past 16 months, there has been a strong relationship between daily new Covid cases and employment. If that relationship had continued to hold true even as daily new Covid cases surged to 800,000
December JOLTS Report: The Best Job Seeker’s Market Ever Was Growing Ever More Favorable for Workers Before Omicron
In December, job openings rose from 10.78 million to 10.93 million, almost matching their all-time record high, while hires fell from 6.60 million to 6.26 million. The diverging numbers highlight the intensifying hiring challenges facing
12 States Hit Their Lowest Unemployment Rates of All Time
Today’s State Employment and Unemployment report provides much-needed detail to supplement the monthly jobs report and underscores what an unusual economic recovery this has been so far. 12 states have now recovered all of the