Quit rates & hiring rates have leveled off, but job openings to hires ratio shows that businesses are still struggling to find the talent they need. There were layoffs — particularly in the tech sector — & a softening of the job market, but no recession. The unemployment rate remains below 4%. Wage growth has softened, but pay increases look to remain above historic averages in 2024. In fact, the top 10 in-demand jobs are seeing wage growth of over 18%.However, those in healthcare & technology jobs still want to quit the most. Inflation has come down, but interest rates remain high.