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The class of 2023 is entering a strong labor market as employers continue to snap up workers.
As seasonal businesses focus on inflation and new hires for the summer, the shadow of a possible recession looms in the background.
As wage growth slows, workers consider job-hopping to boost their pay; but when offered a new job, only 3-in-10 try to negotiate for a better deal.
The jobless rate for young workers has jumped since late 2021 and loan repayment is back on the table. Soon-to-be grads are scrambling.
The sectors hit hardest during the pandemic, including hospitality and retail, are coming back.
A quarter of U.S. workers now live in a place where local law requires job listings to include a salary range.
Employers added a higher-than-expected 311,000 jobs, while unemployment rose from 3.4% to 3.6%.
The hospitality industry, for example, is on a hiring binge.
The job market is still tight, so many who’ve lost jobs rejoin the workforce fast. Others aren’t eager to deal with the unemployment insurance system.
Economists say millions of unfilled jobs could limit economic growth.