W.E. Upjohn Institute for Employment Research’s Post

Job seekers are feeling burnt out as they navigate the complexities of the current labor market. The disconnect between positive data and individual experiences is real. Explore the reasons behind this with labor economist Alí R. Bustamante. #JobSearch #WorkLife #Economy

Employment growth will remain positive in 2024 but at a much slower pace than in recent years. Economists say that healthcare and government industries will remain big drivers of job growth due to long-term demand. If you're looking for a new job in these sectors, the Equiliem team is here to help you find the right fit. #equiliem #MarketTrends #LaborMarket

🚀 Navigating the Mixed Signals in the Labour Market 🚀 Our work involves staying ahead of the curve in understanding the ever-evolving labour market. The below article sheds some light on the current mixed signals we're receiving about employment trends across the UK. In our business, understanding these trends is critical. On one hand, certain industries are experiencing robust growth and high demand for skills, while on the other hand, some sectors are facing challenges with workforce shortages. This difference presents unique opportunities and obstacles that we must navigate adeptly to find the right talent for our clients. These mixed signals underscore the importance of flexibility and adaptability in our recruitment strategies. The ability to pivot and respond to varying needs and economic realities ensures that we continue to be problem-solvers and enablers for the businesses we support. At Mech Tech Pro, we're not just about filling vacancies - we're about making sure that the right match is made, every time. #LabourMarket #RecruitmentExperts #UKJobs

Employment growth will remain positive in 2024 but at a much slower pace than in recent years. Economists say that healthcare and government industries will remain big drivers of job growth due to long-term demand. If you're looking for a new job in these sectors, the Equiliem team is here to help you find the right fit. #equiliem #MarketTrends #LaborMarket

Motu: Job displacement and local employment density Previous studies have shown that workers tend to do better when they live in places where there are more job options and a lot of people are employed. A recent working paper by Motu Economic and Public Policy Research's Dave Maré, Richard Fabling, and Dean Hyslop, uses two different ways of measuring job availability and employment rates faced by workers in the local labour market in which they were displaced. The paper analyses the effects on the subsequent migration decisions and labour market outcomes of workers who involuntarily lose their jobs as part of a firm closure or a mass layoff event. Motu's analysis finds only limited support for the spatial mismatch hypothesis. The results imply that workers displaced from jobs in areas with greater employment density or job opportunities are still likely to emigrate, are less likely to be re-employed following layoff and have lower subsequent earnings. However, if they do find a job, workers displaced in areas with more opportunities are less likely to have moved area, but more likely to have changed industry, and have a more similar job to that from which they were displaced. #joblayoffs #movingforwork #employmentdensity #jobdisplacement #moturesearch #iranzresearch https://lnkd.in/gpDAei-y

Job seekers are feeling burnt out as they navigate the complexities of the current labor market. The disconnect between positive data and individual experiences is real. Explore the reasons behind this with labor economist Alí R. Bustamante. #JobSearch #WorkLife #Economy

#WorkforceWednesday The U.S. Chamber of Commerce reports that its member companies across various industries and states are struggling to find enough workers to fill open positions. With 9.5 million job openings in the U.S. and only 6.5 million unemployed workers, there is a significant gap in the labor market. This article provides data, statistics, and insight into the factors contributing to the shortage and provides a deeper understanding of what employers are facing today. https://hubs.li/Q02mszHv0

🌟 The U.S. Labor Shortage: A Critical Challenge Facing Businesses 🌟 The current labor shortage in the United States is presenting significant hurdles for businesses of all sizes and industries. With 8.8 million job openings across the nation and only 6.4 million unemployed workers actively seeking employment, there's a notable gap that is impacting economic growth and productivity. This imbalance underscores the urgent need for innovative solutions and strategic workforce development. Addressing the labor shortage requires collaboration and forward-thinking approaches from policymakers, businesses, and educational institutions alike. Let's engage in discussions and initiatives that will empower our workforce and drive sustainable economic recovery. #LaborShortage #WorkforceDevelopment #JobMarket #EconomicRecovery #FutureOfWork https://lnkd.in/e4j_8ruR

"...We hear every day from our member companies—of every size and industry, across nearly every state—that they’re facing unprecedented challenges trying to find enough workers to fill open jobs. "Right now, the latest data shows that we have 8.5 million job openings in the U.S. but only 6.5 million unemployed workers... "...the decline of Americans’ labor force participation is nothing new—fewer and fewer Americans have been participating in the labor force for decades, resulting in a smaller workforce that is expected to continue shrinking for years to come..." ---U.S. Chamber of Commerce (Source: https://lnkd.in/gUaHUPwe) #labormarket #laborshortage #laborparticipationrate #talent #hiringpractices #hr #talentretention #talentacquisition

A higher job growth rate suggests that a state has better employment prospects for both unemployed people and workers looking to make a change. At the state level, Nevada ranks No. 1 with 3.4% job growth, followed by Texas and Idaho. Rhode Island ranks last, with a 0.7% decline over the past year. Read our most recent blog to learn more: https://rb.gy/fyb3nt #peak #peaksalesrecruiting #salary #salarynegotiation #recruitment #executiverecruitment #salesrecruitment #beststate #worststate