Barry Blalock’s Post

As we anticipate today's release of the Job Openings and Labor Turnover Survey (JOLTS), it's crucial to understand its significance as an economic indicator. JOLTS, a comprehensive report by the Bureau of Labor Statistics, not only counts job vacancies but also tracks the number of workers voluntarily quitting. This survey offers key insights into labor demand and workforce turnover, making it an essential tool for gauging the health of the U.S. labor market. With data on job vacancies, hires, and separations, JOLTS provides a clear picture of employment trends, crucial for understanding our economic landscape. Read more about the report here, https://bit.ly/41abDIR. Stay tuned for updates and insights from this pivotal report! #JOLTS #LaborMarket #EconomicIndicator #WorkforceTrends Disclosures: https://mgstn.ly/3uLHGTq

As we anticipate today's release of the Job Openings and Labor Turnover Survey (JOLTS), it's crucial to understand its significance as an economic indicator. JOLTS, a comprehensive report by the Bureau of Labor Statistics, not only counts job vacancies but also tracks the number of workers voluntarily quitting. This survey offers key insights into labor demand and workforce turnover, making it an essential tool for gauging the health of the U.S. labor market. With data on job vacancies, hires, and separations, JOLTS provides a clear picture of employment trends, crucial for understanding our economic landscape. Read more about the report here, https://bit.ly/3t2ErX5. Stay tuned for updates and insights from this pivotal report! #JOLTS #LaborMarket #EconomicIndicator #WorkforceTrends Disclosures: https://mgstn.ly/4850ZFM

If you're curious about the labor market, this week we got updates to the JOLTS and US employment reports. The JOLTS report is important because it's a snapshot that tells us how many positions are waiting to be filled—giving us a real-time glimpse into the economy's momentum. The slide here shows us that while unemployment rates are low, the job market's still full of opportunity for workers. You can learn more by visiting this link: Job Openings and Labor Turnover Survey (JOLTS): Meaning, Overview (investopedia.com) If you have any questions about the charts below or how they may influence your portfolio, reach out to me here or visit our website: https://lnkd.in/epVAf5-t. #WorkforceTrends #JOLTSDay #EconomicInsights Disclosures: https://lnkd.in/eg7BSUMR

The Job Openings and Labor Turnover Survey (JOLTS), released by the Bureau of Labor Statistics (BLS) on July 2nd, 2024, offers valuable insights into the current state of the U.S. labor market. This analysis delves into the key findings of the May 2024 report, exploring job openings, hiring activity, and separation rates. Inspired by an article by Jörgen Sundberg https://lnkd.in/eSm__gxE

As we start this new month of July, the resilience of the US labor market remains a cornerstone of economic stability. According to the latest Job Openings and Labor Turnover Survey (JOLTS) report from the Bureau of Labor Statistics, job openings unexpectedly surged to 8.14 million in May, exceeding expectations of a decline to 7.91 million. This uptick signals continued strength and opportunity within various sectors. How are you utilizing the current job market trends to drive success in your recruitment strategies? Let’s navigate the future of the workforce together! #HR #Recruitment #Recruiter #JobMarket #EconomicGrowth

Last week we got updates to the JOLTS and US employment reports. The JOLTS report is important because it's a snapshot that tells us how many positions are waiting to be filled—giving us a real-time glimpse into the economy's momentum. The slide here shows us that while unemployment rates are low, the job market's still full of opportunity for workers. You can learn more by visiting this link: Job Openings and Labor Turnover Survey (JOLTS): Meaning, Overview (investopedia.com) If you have any questions about the charts below or how they may influence your portfolio, reach out to me here or visit our website: https://lnkd.in/eckCT3DD. #WorkforceTrends #JOLTSDay #EconomicInsights Disclosures: https://lnkd.in/euh8QAJd

📊 Exploring the Latest Employment Trends: The Bureau of Labor Statistics has released its June 2024 Employment Situation Summary, providing a detailed snapshot of the U.S. labor market. Here are some key highlights: - Unemployment Rate: The unemployment rate held steady at 4.2%, reflecting a stable job market environment. - Job Growth: The economy added 230,000 new jobs across various sectors, underscoring continued expansion and hiring activity. - Labor Force Participation: Maintained at 62.3%, indicating sustained engagement in the workforce. - These numbers reveal a resilient economy with opportunities for both job seekers and employers. For a deeper dive into these insights, you can access the full report from the Bureau of Labor Statistics here. As we navigate the evolving landscape, staying informed about these trends is crucial for making strategic hiring plans. Feel free to reach out for further discussion or guidance! #EmploymentTrends #JobMarketUpdate #BLSdata #VTNE #Vaco  

𝐃𝐎𝐖𝐍𝐋𝐎𝐀𝐃 𝐎𝐔𝐑 𝐇𝐀𝐘𝐒 𝐒𝐀𝐋𝐀𝐑𝐘 𝐆𝐔𝐈𝐃𝐄 𝟐𝟎𝟐𝟒 𝐓𝐎𝐃𝐀𝐘⚡ Discover key labour market trends by sector, salaries for hundreds of roles and recruitment dynamics for 2024 based on the experience and knowledge of our consultants and the vision and expectations of more than 500 qualified professionals who participated in our survey. 🖱 Download via https://lnkd.in/edKup8VV #hays #salaryguide #trends #experience #survey

The shape of the US labor market is changing, job growth is slowing and new survey data shows that Americans are starting to feel increasingly unsettled about it all. ➡️ The Federal Reserve Bank of New York’s latest survey on consumers’ labor market experiences and expectations showed that job, wage and benefits satisfaction all sank in July. ➡️ In addition, the survey showed that fewer people were employed, a record share of people were looking for jobs, and the average expected likelihood of becoming unemployed rose to 4.4%. Read more from CNN's Alicia Wallace: https://cnn.it/3ySZazt

We are forecasting rise for US Private Sector Employment, which suggests that the labor market will continue to be tight. However, the tightness is not equally intense across industries. Discover what the jobs data is telling us about the major US industries with our latest blog! https://hubs.la/Q02v4n7M0