Spotlight

Salary Transparency: Growth Slows, but Momentum Continues

By Daniel Culbertson - October 23, 2024
Salary transparency continues to grow, though at a slower pace than in 2023.
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Featured

October 2024 Jobs Day Statement: Weak, but Not Overly Worrisome… for Now

By Cory Stahle - November 1, 2024
The job market is still showing signs of underlying strength and stability despite stormy headlines.

October 2024 Employment Cost Index: The Right Kind of Cooling

By Cory Stahle - October 31, 2024
Wage growth for private-sector workers continued to cool in the third quarter, falling below 4% year-over-year for the first time since 2021.

Labor Market Updates

October 2024 US Labor Market Update: Going below the Surface of This Summer’s Stabilization in Job Postings

By Cory Stahle - October 17, 2024
The steady decline in US job postings leveled off this summer, but diverging sector trends in recent years has led to uneven opportunities for job seekers.
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Three people sitting at a desk looking over paperwork.

September 2024 US Labor Market Update: Posted Wage Growth Has Picked Up

By Nick Bunker - September 19, 2024
Growth in the wages and salaries advertised in job postings has re-accelerated slightly, with notable strength in high-wage sectors.
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August Labor Market Update: Reasons for Cautious Optimism Around an Ominous Rise in Unemployment

By Nick Bunker - August 21, 2024
The rising unemployment rate can’t be ignored, but the forces behind the recent increase suggest it’s unlikely to immediately turn into a surge.
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July 2024 Labor Market Update: Slowdown in Posted Wage Growth Suggests the Market Has Found a Groove

By Allison Shrivastava & Nick Bunker - July 11, 2024
In a sign of a rebalanced labor market, growth in wages and salaries advertised in job postings has leveled off at its pre-pandemic pace.
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June 2024 Labor Market Update: Summer Lifeguards Remain in Demand. Summer Interns, Less So

By Nick Bunker - June 13, 2024
Postings for summer jobs are down almost 17% from a year ago, but up 26% from 2019.
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May 2024 US Labor Market Update: How Much Further Can Job Openings Safely Fall?

By Nick Bunker - May 20, 2024
Job openings don’t have much further to fall to return to the rough pre-pandemic balance between openings and unemployment, and by some measures may already be there.
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More Articles

State of the Labor Market
September 2024 JOLTS Report: A Slightly Worrisome Mixed Bag
Line graph titled “Layoffs remain low by historical standards” shows the layoffs and discharges rate in the US from January 2019 to September 2024. The graph has a vertical axis ranging from 0% to 1.8% and a horizontal axis ranging from 2019 to 2024. While still low, layoffs rose in September to approx. 1.2%, something to keep an eye on as we move through the rest of the year.
By Cory Stahle - October 29, 2024
Line graph titled “Layoffs remain low by historical standards” shows the layoffs and discharges rate in the US from January 2019 to September 2024. The graph has a vertical axis ranging from 0% to 1.8% and a horizontal axis ranging from 2019 to 2024. While still low, layoffs rose in September to approx. 1.2%, something to keep an eye on as we move through the rest of the year.
State of the Labor Market
Seasonal Postings Return To Normal, but More Job Seekers Want Holiday Work
Retail grocery store cashier standing at register smiling
By Allison Shrivastava - October 9, 2024
Retail grocery store cashier standing at register smiling
State of the Labor Market
September 2024 Jobs Day Statement: A Welcome Surprise
Line chart: Prime-age labor force participation is at a multidecade high — Shows the share of workers aged 25-54 in the labor force, from January 1988 to September 2024. At 83.8%, the share is at a multidecade high not seen since the average rate of 84.1%, back in 1999.
By Cory Stahle - October 4, 2024
Line chart: Prime-age labor force participation is at a multidecade high — Shows the share of workers aged 25-54 in the labor force, from January 1988 to September 2024. At 83.8%, the share is at a multidecade high not seen since the average rate of 84.1%, back in 1999.
State of the Labor Market
August 2024 JOLTS Report: An Encouraging Turnaround
Line chart: Job openings ticked up in August, but remain near 2021 levels — Covers data from January 2020 to August 2024. The chart shows that job openings increased in August for the first time since May. This is an encouraging first step, but there is still a way to go to overcome the long-term trend.
By Cory Stahle - October 1, 2024
Line chart: Job openings ticked up in August, but remain near 2021 levels — Covers data from January 2020 to August 2024. The chart shows that job openings increased in August for the first time since May. This is an encouraging first step, but there is still a way to go to overcome the long-term trend.
Future of Work
Methodology: Assessing the Likelihood of GenAI Replacing Work Skills
Two people looking at a series of computer displays
By Annina Hering & Arcenis Rojas - September 25, 2024
Two people looking at a series of computer displays
Future of Work
AI at Work: Why GenAI Is More Likely To Support Workers Than Replace Them
AI at Work: Why GenAI is More Likely to Support Workers Than Replace Them
By Annina Hering & Arcenis Rojas - September 25, 2024
AI at Work: Why GenAI is More Likely to Support Workers Than Replace Them
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