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Changes to wage growth and generative AI use may indicate how the labor market will fare in 2024. ... 5 labor trends shaping the 2024 HR outlook. Paige McGlauflin, Joseph Abrams. November 15, 2023 ...
The American labor market has cooled from the red hot hiring of 2021-2023. Employers added 180,000 jobs a month in 2024 through November, not bad but down from 251,000 in 2023, 377,000 in 2022 and ...
The occupational employment projections, along with other information about occupations, are published in the Occupational Outlook Handbook and the National Employment Matrix. The 10-year projections cover economic growth, employment by industry and occupation, and labor force. They are widely used in career guidance, in planning education and ...
While the major metrics continue to reflect job growth and low unemployment, the labor market isn’t as hot as it used to be. Wage growth ticks lower. Average hourly earnings rose by 0.37% month ...
The Occupational Outlook Handbook (OOH) is a publication of the United States Department of Labor's Bureau of Labor Statistics that includes information about the nature of work, working conditions, training and education, earnings and job outlook for hundreds of different occupations in the United States.
As the world economy has struggled to regain its footing amidst the events of the past few years, Chinese exports have skyrocketed in the global market, rapidly increasing production to cover the quickly-rising global demand. In just one year, China's trade surplus with the US alone rose to $335.5 billion in 2021, up from $308.1 billion in 2020.
Unit labor costs - the price of labor per single unit of output - increased at a 0.8% annualized rate last quarter, the Labor Department's Bureau of Labor Statistics said.
From a Marxist perspective, a labour supply is a core requirement in a capitalist society.To avoid labour shortage and ensure a labour supply, a large portion of the population must not possess sources of self-provisioning, which would let them be independent—and they must instead, to survive, be compelled to sell their labour for a subsistence wage.
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