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The New York-Newark-Jersey City metropolitan area remains the nation’s largest labor market. As of June 2025, the NYC metro area ranked 31st overall in the comprehensive LaborIQ Market Index – which evaluates 150 metropolitan areas across 10 key economic indicators spanning labor markets, industries, demographics, and education. The NYC metro area demonstrates remarkable resilience with […]
Written by LaborIQ Staff Writer on July 31, 2025
The Houston-The Woodlands-Sugar Land metropolitan area stands as one of America’s most dynamic labor markets, ranking 10th nationally in the LaborIQ Index among 150 top U.S. metropolitan areas. With a robust working-age population of over 3.1 million and exceptional job growth momentum, Houston offers a strategic advantage for HR teams planning workforce expansion, with a […]
Written by LaborIQ Staff Writer on July 28, 2025
Creating a comprehensive compensation structure represents one of the most critical strategic initiatives for HR departments, directly impacting talent acquisition, retention, and organizational performance. A well-designed compensation framework streamlines decision-making processes, enhances employee understanding of career progression, and supports transparent pay practices that meet modern workforce expectations. This article outlines proven best practices for developing […]
Written by LaborIQ Staff Writer on July 18, 2025
Legal compliance around pay involves multiple layers of federal, state, and local regulations. In the U.S., it’s a growing list of states and localities that require HR teams to be aware of, and navigate carefully. Let’s break down how this impacts employers. Federal Wage and Hour Laws The Fair Labor Standards Act (FLSA) outlines federal […]
Written by LaborIQ Staff Writer on July 14, 2025
The Chicago-Naperville-Elgin metropolitan area presents a complex labor market landscape for HR professionals and business leaders. With a working-age population of 3.7 million and a LaborIQ composite ranking of 125 out of 150 U.S. metropolitan areas, Chicago demonstrates both significant opportunities and notable challenges for talent acquisition and retention strategies. Market Position and Demographics Chicago […]
Written by LaborIQ Staff Writer on July 14, 2025
The New Jersey Pay Transparency Law, which took effect on June 1, 2025, introduces new requirements for compensation transparency in one of the country’s most densely employed states. In a state with one of the nation’s largest number of workers, here’s what it means for employers. Key aspects of the law include: Covered Employers: The […]
Written by LaborIQ Staff Writer on July 8, 2025
Austin-Round Rock’s meteoric rise as a technology and business hub continues to reshape the American economic landscape. Ranking 4th nationally in the LaborIQ Index among 150 major metropolitan areas, Austin delivers an exceptional combination of talent density, economic growth, and industry diversity that positions it as a premier destination for strategic HR investments and business […]
Written by LaborIQ Staff Writer on July 3, 2025
Creating effective pay bands starts with a systematic, data-driven approach that balances market competitiveness with internal equity and organizational needs. While the topic may seem overwhelming, there are cutting edge software solutions that take the cost of research and time focus, and turn it into real wins for an organization’s HR / compensation teams. Here […]
Written by LaborIQ Staff Writer on July 2, 2025
