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tight labor market – XtremeCuztoms

Category: tight labor market

Job Openings Fall to Lowest Level in Nearly 2 Years in February

April 5, 2023
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U.S. job openings, a measure of labor demand, dropped to their lowest level in nearly two years in February, a potential sign that tight labor market conditions are finally easing. This could be good news for the Federal Reserve’s aggressive interest rate policy, as it considers whether to pause its cycle of rate hikes. However,…

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Biggest Wage Hikes in 16 Years Expected Next Year Amid Inflation

November 18, 2022
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Employees in the United States are expected to see a 16-year high salary hike next year as companies react to a tight labor market and inflation, according to a recent report by workplace consultant Willis Towers Watson (WTW). Pay budgets at companies have risen by 4.2 percent in 2022, stated a WTW press release on Nov. 17….

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