Slower wage growth, inflation could spell trouble for employee earnings
Workers are likely to stay put in their current jobs as inflation cuts into earnings, an economist told HR Brew.
Workers are likely to stay put in their current jobs as inflation cuts into earnings, an economist told HR Brew.
Pay no attention to the labor force exits behind the curtain.
The latest JOLTS data shows employers were trepidatious about hiring before the Iran conflict upended the US economy.
The newest JOLTS data suggests that the “no-hire, no-fire” labor market is far from over.
One-quarter of all unemployed people in the US have been out of work for six-plus months, yet judgment over résumé gaps persist.
Since May, the job market has alternated between gaining and losing jobs on a monthly basis.
The US economy added 130,000 jobs in January, but employers and job seekers should take that estimate with a grain of salt.
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