December Jobs Report Shows Solid Job Growth, Moderating Wage Growth
After months of reports that sent mixed signals, with the establishment survey showing rapid job growth and the household survey showing declines, the December Jobs Report finally has a resoundingly consistent message: the labor market was robust and resilient in 2022.
The November JOLTS Report Highlights the Enduring Strength of the Labor Market
Job openings were revised upwards from 10.3M to 10.5M in October and held steady in November—a testament to the resilience of demand for labor on Main Street, even as job openings tumbled on Wall Street.
Candidate Ghosting and Job Seeker Confidence
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.
This is What Job Seeker Bargaining Power Looks Like
Instead of asking workers to leave, employers are increasingly begging them to stay.