#employment-trends

#employment-trends

"Looking for a job right now is so demoralizing and soul-sucking, that to submit yourself to that added indignity is just a step too far," Debra Borchardt shared her feelings on the process.

"Many of these return-to-office efforts are coming at a time when demand for workers in male-dominated industries has weakened, giving employers the upper hand."

"AI's impact on the labor market remains limited and there is no sign of a significant impact on most labor market outcomes."

Seventy-five percent of rural, midcareer workers seek training that remote work opportunities would require, according to a new report by Generation and YouGov.

US nonfarm payrolls increased by 147,000 in June, matching the average monthly gain of the past year. Most gains occurred in health care and state government sectors, while federal employment continued a decline due to actions by the Department of Government Efficiency (DOGE). The unemployment rate saw a slight decrease, falling 0.1 percentage points to 4.1%, remaining steady between 4.0% and 4.2% for over a year.

The June job report revealed a decline in the private sector with a loss of 33,000 jobs, contrasting sharply with the anticipated growth of nearly 100,000 jobs.

"This is not a sudden development -- it's an issue that's been building up for years," said Ivan Gekht, CEO of Gehtsoft, a custom-design software development firm.

The Bureau of Economic Analysis has released three estimates of the rate of economic growth for the first quarter of the year. They do this because, as they get additional information, they can get a better picture of the economy's growth.

Graduate roles in the UK are at a record low, down 12% as a share of all jobs compared to last year, reflecting ongoing labour market challenges.

Helen Dickinson, Chief Executive at the British Retail Consortium, said, "Retail jobs have continued to fall, with 364,000 fewer jobs than ten years ago... This wave of retail jobs losses appears to go unnoticed by government."

Although the increase in advertisement spending seems promising, the stability in job numbers within the advertising industry raises questions about employment trends in this sector.

It's harder and harder for folks to get onto the career ladder in the first place,