Month: December 2024

What Lies Ahead for Hiring and the Labor Market in 2025

This special edition of the Insights newsletter is our last of 2024. I want to sincerely thank everyone who has followed along this year and wish you all a happy, healthy, and fulfilling 2025. As we approach 2025, LaborIQ’s outlook is that the labor market will continue the cooling and normalization we experienced in 2023 […]

Written by on December 12, 2024

November Jobs Report: What to watch for as we close out 2024

This week, we break down the latest “First Friday” jobs report. Hiring rebounded substantially in November, largely due to the recoveries from Hurricanes Milton and Helene and the resolution of the Boeing strike. U.S. businesses added 227,000 jobs in November, above expectations of around 200,000. The unemployment rate ticked up to 4.2%, and wages grew […]

Written by on December 6, 2024