"“Roles are narrower, expectations are clearer, and teams are being built with purpose rather than volume,” said Kye Mitchell, head of Experis, a division of recruiting firm ManpowerGroup."
"Overall, employment in the US rose by 115,000 jobs in April, with gains in healthcare, transportation and warehousing, and retail trade, according to the latest report by the US Bureau of Labor Statistics."
"Looking deeper at the data, jobs fell in tech-related sectors such as telecom (down 2.5% decline) and infrastructure providers (with a 3.9%)."
"Though the BLS reported job growth for the overall economy in April, placement firm Challenger Gray and Christmas actually reported a jobs decline by 83,387 across all sectors. It also argued that tech companies are indeed making large-scale cuts, with 33,361 losses in April, Andy Challenger, chief revenue officer of Challenger, Gray & Christmas, said in a statement."
US employment increased by 115,000 jobs in April, with gains in healthcare, transportation and warehousing, and retail trade. Tech hiring slowed, with job declines in tech-related sectors including telecom, down 2.5%, and infrastructure providers, down 3.9%. The US Bureau of Labor Statistics reported overall job growth, but Challenger Gray and Christmas reported an 83,387 decline across all sectors. Challenger Gray and Christmas also reported large-scale tech cuts, totaling 33,361 losses in April. Hiring patterns are described as narrower in roles, clearer in expectations, and focused on building teams with purpose rather than volume.
#us-employment #tech-hiring-slowdown #bureau-of-labor-statistics #job-market-reports #workforce-trends
Read at Computerworld
Unable to calculate read time
Collection
[
|
...
]