August 2024 Talent Market Insights infographic

August 2024 Talent Market Insights

July’s jobs report indicates a labor market that is performing below expectations and raising some concerns.  Here are some of the key takeaways:  114,000 jobs were added in July  Unemployment increased from 4.1% to 4.3%—the highest since October 2021  Workforce participation increased from 62.6% to 62.7%  Wage growth increased by 0.2% month-over-month.  The report was …

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