Category: Job Market Insights

Most observers expected prices to fall in August after staying flat in July. But they rose +0.1%, despite the 10.6% decline in gas prices, which was offset by increases in the prices of shelter, food,

But Teachers Still Aren’t Coming Back to School The labor market remained remarkably resilient in August, with broad gains. Payrolls swelled by 315k in August—about twice the 2019 monthly average gain (164k). A modest slowdown

Job seeker sentiment cooled in August, according to the ZipRecruiter Job Seeker Confidence Index, but it may be influenced by headlines about layoffs and hiring freezes more than by the facts on the ground. As

Finally, after a series of depressing readings, we have got our first inflation report with signs of hope this morning. Prices increased 8.5% over the year, a sizable decline from last month’s 9.1%, and 0.0%

With 528,000k jobs added in July, the job market persevered like a bird in the wind, despite a 75-basis-point interest rate hike, $5 gasoline, and a bear market. Amid stiff headwinds and rising uncertainty, strong

The big picture In today’s Job Openings and Labor Turnover Report, released by the U.S. Bureau of Labor Statistics, hires remained extremely high at 6.4 million, quits remained extremely high at 4.2 million, and layoffs

Contrary to the wage numbers we got from the Jobs Report for the last two months, today’s Employment Cost Index Report shows no signs that nominal private-sector wage growth is slowing down. Accelerating wage growth

Candidate ghosting—that is, the practice of candidates cutting off communications with a potential employer at any stage in the recruiting process—peaked in May, according to self-reported behavior in the ZipRecruiter monthly Job Seeker Confidence survey.

With prices going up 1.3% in June—two consecutive months of at least 1%—and 9.1% over the year, today’s Consumer Price Index report suggests the worst is behind us. With inflation above expectations and the labor

Today’s jobs report is a milestone marking a more-than-full recovery in private-sector employment. And yet job gains remain far higher than before the pandemic and broadly distributed across the economy, even in the most interest