Employment Articles

2024 US Labor Market Forecast: Hiring to Slow, Unemployment to Rise

2024 US Labor Market Forecast: Hiring to Slow, Unemployment to Rise

By many measures, the U.S. labor market outlook for 2024 is characterized by stability and normalization following pandemic-era volatility.

A dreaded recession appears less likely, inflation is trending lower and the labor market overall is holding steady after the disruptions of the COVID-19 pandemic. At the same time, job gains are expected to moderate, unemployment will tick up and wages will continue to cool. Read the full article...

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