Engage2Excel

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April 2024 Jobs Report Recap

Engage2Excel

The labor market continues to impress with the 40th straight month of job growth and an unemployment rate that ticked lower. Job gains in Q1 2024 averaged 276,000 per month, compared to the Q4 2023 average of 212,000 jobs added each month. The jobless rate fell as more people entered the workforce. Gains were broad-based. Wages, an important inflation metric, increased slightly, up 0.3% to 4.1% year-over-year (YOY).

Report 157
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2024 Job Seeker Survey Report

Engage2Excel

Now in its fifth edition, the 2024 Job Seeker Survey Report is based on responses from 1,500 job seekers surveyed in February 2024. This report analyzes the perceptions and preferences of active and passive candidates across all major industries and provides important insights into what candidates want and can influence your organization’s talent acquisition and retention strategies to optimize success.

Survey 130
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Spring Forward: Recruiting Solutions to Energize Your Hiring Strategy

Engage2Excel

Spring is the perfect time for businesses to review and refresh their recruiting efforts and technology stacks. With the job market continuing to grow and competition for talent intensifying, staying ahead requires innovative approaches.

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2024 Employee Rewards Trends eBook

Engage2Excel

Do you know the differences between Recognition, Reward and Award? Recognition is an intangible acknowledgment of people’s behaviors, personal efforts or contributions. Reward is something tangible given in return for service or effort, and an Award is a symbol of recognition for an achievement or milestone.

eBook 176
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March 2024 Jobs Report Recap

Engage2Excel

February marked the 39th straight month of job growth , reflecting an exceptionally strong recovery from the widespread job losses during the pandemic. Unemployment rose to 3.9%, a two-year high, but remained under 4% for the 25th consecutive month. This is the longest stretch of unemployment below 4% since the 1960s. While we have a strong labor market, fears that it was getting too hot again were somewhat allayed this month with the rise in unemployment, the revision of the January and Decembe

Report 157
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February 2024 Jobs Report Recap

Engage2Excel

The U.S. labor market started 2024 with the strongest jobs report in recent history by adding 353,000 jobs in January, far above the Dow Jones estimate of 185,000. In addition, November and December job gains were revised, adding a combined 126,000 more jobs to the 2023 year-end total. Job growth was widespread across sectors in January (e.g., health care, retail trade, government, social assistance, and manufacturing), showing a healthy market on solid ground.

Report 157
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Upskilling to Retain Talent and Close Skill Gaps

Engage2Excel

In today's changing business environment, upskilling employees has become essential to meet market demands and create a more agile workforce. Upskilling provides training and development opportunities to expand an employee's abilities and existing skill set. These additional skills can enhance employee performance in their current role and help advance them in their career journey.

Training 130