Month: August 2024

Labor market revisions finally reflect reality

This special edition of the Insights newsletter breaks down a recent downward revision to hiring totals. The Bureau of Labor Statistics (BLS) released data reporting that the labor market created 818,000 fewer jobs than previously reported, from March 2023 through March 2024. So, what is the impact of this change? The previous 12-month job creation […]

Written by on August 26, 2024

Where do U.S. workers increase their wages the fastest?

  If we asked you which metros in the United States had the highest wages, you’d likely say New York or San Francisco. And you’d be correct.   But if we asked you which metros had the highest wage growth (how much wages are changing on a relative percentage basis), would your answer stay the […]

Written by on August 15, 2024

New Features: Smart SearchTM, Smart CompareTM, and AI-Powered Search

At LaborIQ, we’re committed to ensuring you have the right pay for every job title, while saving you time!  With our latest release, we are excited to introduce powerful new tools within the Salary Answers feature: Smart Search™, Smart Compare™, and AI-powered Search Assist.   Smart Search™  LaboorIQ’s new Smart Search™ simplifies the way you search […]

Written by on August 5, 2024

July Jobs Report Hiring slowdown, here’s what that means for employers

This week, we are breaking down the latest “First Friday” jobs report. I’m writing from Telluride, Colorado in the Rocky Mountains, and the stunning scenery could not provide a greater contrast to this not-so-pretty labor market update. ️ Downtown Telluride by me For months, I have been writing that the jobs report didn’t match what […]

Written by on August 2, 2024