Pave’s Post

It’s hot jobs summer 📈 🏖️ New offer insights from Pave and Greenhouse revealed 3 hot jobs where employers are seeing salary bumps…even in a cooling jobs market. Comp leaders, is your budget built for the job market of 2025? Check out the coverage on @ quartz to find out - link in the comments below.

It’s hot jobs summer 📈🏖️   New offer insights from Pave and Greenhouse revealed 3 hot jobs where employers are seeing salary bumps…even in a cooling jobs market. Comp leaders, is your budget built for the job market of 2025? Check out the coverage on @ quartz to find out - link in the comments below.

🔥 It’s hot jobs summer 🔥   New offer insights from Pave and Greenhouse Software revealed 3 hot jobs where employers are seeing salary bumps…even in a cooling jobs market. Comp leaders, is your budget built for the job market of 2025? Check out the coverage on Quartz to find out - link in the comments below!

It’s hot jobs summer    New offer insights from Pave and Greenhouse revealed 3 hot jobs where employers are seeing salary bumps…even in a cooling jobs market. Comp leaders, is your budget built for the job market of 2025? Check out the coverage on @ quartz to find out - link in the comments below.

We came across this eye-opening report detailing the outlook for 2024’s job market. While 2023 saw better-than-expected conditions from a macro perspective, there was a steady decline in Indeed’s Job Postings Index, with some sharp declines in available jobs for certain functions: - 51.3% drop in Software Development roles - 35.3% drop in HR roles - 33.2% drop in Banking & Finance roles - 32.7% drop in Marketing roles The US is seeing the number of prime-aged workers grow, in addition to increased interest from foreign workers. Workers are also quitting at a much lower rate than we saw in the Great Resignation of 2021/22. All of this to say, in an ultra-competitive job market, it’s never been more important to have a mentor who knows how to help you stand out from the crowd when pursuing internships and full-time roles. More importantly, a mentor who understands your perspective, has built a portfolio of success, and is willing to put in the level of effort that you are, is exactly what is needed for a college student or recent graduate to achieve their career goals. Reach out to us to learn more! https://lnkd.in/gAME7JNi

"The Hottest Job Market in a Generation Is Over" - The Wall Street Journal The pandemic-induced hiring spree is waning, signaling a shift in the U.S. job market to more ordinary prospects. Despite still healthy market conditions, signs of difficulty are emerging. - The unemployment rate rose to 4.1% last month, crossing above 4% for the first time since 2021, up from 3.4% early last year. - Workers are showing reduced rates of quitting jobs, while college grads are facing challenges entering the market. - Wages, which peaked at 5.9% year-over-year growth in March 2022, have fallen to 3.9% last month. - Though the U.S. economy continues to add jobs, hiring has dipped below pre-Covid levels, particularly affecting certain sectors like restaurant work and some white-collar jobs. Amidst the changing landscape, workers like Dan Roth are encountering fierce competition in the job market. Roth, a 39-year-old father of twins, faced tough odds securing interviews, with one experience at Kickstarter seeing 3,000 applicants for a position. While the hiring rate has decreased slightly, the layoff rate remains low, with businesses retaining employees hired during the labor shortage. Companies trimming their workforce often attribute it to over-hiring during the pandemic. For more insights on the transitioning job market, check out the full article by The Wall Street Journal: (https://lnkd.in/ezjRfv-A) Paychex #Paychex #JobMarket #EmploymentTrends #USLaborMarket #WallStreetJournal

Job openings see unexpected rise in May

Want to get your career back on track in 2024? U.S. economists break down 3️⃣ labor trends they expect for the year ahead. > https://lnkd.in/g_2u2KX6 The bottom line? Don’t wait to start your job hunt! Although many employers plan to hire, hiring will continue to slow. Find your new job today. Browse our job board now. > https://lnkd.in/gKdpsA6 #OlympicStaffingServices #LaborMarket #Economy #JobSeekers #Careers

"How's the job market?" "What are you seeing out there?" "Do you have any activity?" This is the most popular type of question I get, especially lately. It appears people are having trouble getting an accurate read on what the job market is like these days, this chart by the Bureau of Labor Statistics provides some answers. Long story short, the job market is slowing. New job openings have now hit a three year low and the number of people quitting and being let go are also at the lowest numbers since 2021. There are fewer jobs to be had. That said, if you do a deeper dive, it may be more accurate to say the job market is simply "normalizing." You'll notice on the chart that despite having the fewest number of openings since 2021, the current number of openings is still higher than it was from 2005 to 2020. Hires, quits and separations are also very similar to pre-pandemic levels. So what does this all mean? In my opinion, the dust is finally settling. What most see as a slow job market, I see as pre-pandemic normal. With the economy tightening and given that we're in an election year, I predict the rest of the year will remain slow. That said, I don't feel there's a need to panic, we may have just returned to normal. Agree? Disagree? Feel free to post your thoughts and predictions below. #wednesdaywisdom #jobs #jobmarket #jobopenings #labor #labormarket #jobstatistics #laborstatistics

When evaluating entry-level jobs, you might be inclined to consider them based on pay and job flexibility alone, due to the current nature of the employment market. However, it turns out that there are more factors to consider than just the average pay or the flexible nature of the role. According to a recent WalletHub study, you should think about three core characteristics so that your career is on a solid footing. https://trib.al/KwwzPX3