"There are very real economic forces that are limiting the options for non-college-educated men in the United States. Some of what we're seeing is simply rational responses to a system that's pricing them out."
Hays has unveiled deep workforce cuts as it intensifies cost-saving efforts amid a prolonged downturn in the global jobs market, reducing consultancy headcount by 14%.
"These cities in Texas do great on all metrics: robust job markets, good amenities, and relatively affordable housing," Asad Khan, a senior economist with Redfin, stated.
"This year's increase in undergraduate credential attainment isn't just about more completions-it's also about timing. More students are earning certificates and degrees earlier and that shift reflects how postsecondary pathways are changing and starting sooner than they once did."
My husband has just been let go from his fourth job in five years. The first time it happened was during Covid when he was laid off, but it seemed to start a pattern.
On Wednesday, the government reported that U.S. employers added a surprisingly strong 130,000 jobs in January and the unemployment rate fell to a still-low 4.3% from 4.4%. However, government revisions cut 2024-2025 U.S. payrolls by hundreds of thousands. That reduced the number of jobs created last year to just 181,000, a third of the previously reported 584,000 and the weakest since the pandemic year of 2020.
The findings, which are based on surveys of 150 employers from across the country, show that employers expect to raise starting salaries anywhere from 3.1 percent for engineering majors to 6.9 percent for computer science majors compared to last year's projections. In addition to computer science and engineering, average salaries are expected to increase for graduates with bachelor's degrees in mathematics and statistics, business, agriculture and natural resources, and communications.