The Conference Board Employment Trends Index (ETI) fell to 116.24 in March, down from 116.75 in February (downward revision).
Five of the eight labor market indicators drove the index’s decline in March:
Ratio of involuntarily part-time to all part-time workers
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Nonfarm payroll employment gained 236,000 jobs in March, following the addition of 326,000 jobs in February (upward revision), according to the latest data from the Bureau of Labor Statistics (BLS). March’s job additions fall below the most recent six-month...
Private employers added 145,000 jobs in March, following an increase of 242,000 jobs in February, according to the latest ADP National Employment Report.
“Our March payroll data is one of several signals that the economy is slowing,” said Nela Richardson,...
The last day of February saw 9.9 million job openings, a decrease of 632,000 (6.0%) from January, according to the latest data from the U.S. Bureau of Labor Statistics (BLS).
Where job openings increased
Construction (+129,000)
Arts, entertainment, and recreation...
Pay transparency in job postings leads to more and higher-quality applicants, according to SHRM.
Several states have enacted, or are considering enacting, pay transparency laws, and SHRM notes that “many have raised concerns that listing pay ranges may lead...
Nonfarm payroll employment rose by 311,000 jobs in February, following the addition of 504,000 jobs in January (downward revision), according to the latest data from the Bureau of Labor Statistics (BLS). February’s job growth is in line with the...
Almost half (45%) of hiring managers have open positions they can’t fill – the highest proportion since the first half of 2020 – and the vast majority (91%) expect to have hiring challenges this year. This data from a...
Job openings dropped by 410,000 to 10.8 million in January, according to recent data from the U.S. Bureau of Labor Statistics.
The number of quits declined slightly to 3.9 million (-207,000), but layoffs and discharges jumped by 241,000 to 1.7...
Private employment grew by 242,000 jobs in February, after the addition of 106,000 jobs in January, according to the latest ADP National Employment Report.
“We're seeing robust hiring,” said Nela Richardson, ADP’s chief economist, "which is good for the economy...
The average tech salary in 2022 was $111,348, an increase of 2.3% over 2021, according to the Dice Tech Salary Report. Still, almost half (49%) of tech workers believe they are underpaid relative to their peers, and 52% plan...