RemX | The Workforce Experts’ Post

The latest employment figures have been released: January saw the addition of 353,000 jobs. Despite this positive growth, the unemployment rate held steady at 3.7%, and the labor participation rate remained unchanged at 62.5%. **How is your company responding to the recent increase in job numbers, specifically in terms of expanding your workforce or adjusting your hiring strategies?**

Another strong jobs report! Check out these highlights for January:

As Workforce Experts, we not only report the data but interpret what the data may mean to your business. Check out Employbridge's monthly Economic Brief with CXO Joanie Bily. #staffing #EB #theworkforceexperts

Check out the November report!

📊 September's #JobsReport is in! ✅ 336k jobs added nationally 🔒 Unemployment rate steady at 3.8% 🔄 Labor participation remains at 62.8% For the Inland Empire, these numbers reflect a positive trajectory for our local economy. Let's harness this momentum and continue driving job growth in our region! 💼📈 #InlandEmpire #JobGrowth #EconomyUpdate #Employbridge

Don’t sit through another operations meeting wondering how to keep things running. With the latest jobs report showing growth, now's the time to strategically expand in sectors like hospitality, healthcare, and retail. Adapt to moderate wage increases and enhance benefits to attract talent. If you're unsure about scaling your workforce to meet these changes, ask for help - we have the expertise and insights to guide you. Let's work together to ensure your operations thrive - Employbridge, powered by Bluecrew can get you there. #strategicgrowth #businessoperations #workforcedevelopment #labormarket

US jobs growth slows in October but wages pick up US job growth slowed more than expected in October while wages picked up, according to the latest employment report released on Friday. Nonfarm payrolls rose by 150,000 last month, below forecasts of a 180,000 increase. The unemployment rate held steady at 3.9%. Average hourly earnings rose 0.2% month-on-month and 4.1% year-on-year in October, above expectations. The moderation in job gains provides some welcome evidence for the Federal Reserve that its aggressive interest rate hikes are beginning to cool the labor market. The Fed is aiming to soften demand for workers in its battle against high inflation through rate rises.

US December Jobs Report: The boom in the American economy & jobs market continues. Strong increase of 216K and unemployment rate of 3.7%. Average hourly earnings of 0.4% m/m and 4.1% y/y. Net revisions down 71K in November & October. Private payrolls increased by 164K.

The US economy LOST 192,000 jobs in Q3 2023, according to the BED report released by the BLS last week. BED data tracks quarterly changes in employment at all private businesses in the US economy. Meanwhile, US nonfarm payrolls data showed that the US labor market added 494,000 new jobs in Q3 2023. This is a WHOPPING 686,000 difference in job count over just one quarter. The BED data from the BLS suggests that the final labor market revisions released in 2025 will be MUCH lower than the headline-reported job numbers. What is happening here? (TKL)

December's jobs report looked great on the surface—with 216,000 jobs created, an unchanged unemployment rate, and still-strong earnings growth. Yet, revisions resulted in 71,000 fewer payrolls in October and November; the unemployment rate was unchanged because of the decline in the labor force; and household employment fell by nearly 700,000 individuals.