May Labor Market Resilient but Cools Slightly
The May labor market report continues to reflect a gradual cooling trend in the U.S. economy. Job gains came in above expectations but remain well below the levels seen throughout most of 2023 and early 2024. Revisions to prior months trimmed 95,000 jobs from March and April totals.
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Understanding the latest trends and adapting to new challenges is crucial for both employers and job seekers. Our recent conversation, The Evolving Labor Market: Trends, Challenges and Opportunities, featured our Recruitment Solutions Senior Leadership and recruiting experts, who dove into the dynamic world of work, offering valuable insights and practical advice on navigating this evolving landscape.
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April 2025 Jobs Report: The Economy is Still Growing But Cautiously
The U.S. economy added 177,000 jobs in April 2025, exceeding expectations but reflecting a deceleration from the prior month’s upwardly revised 185,000 gains. The unemployment rate remained at 4.2%, holding steady for the third consecutive month. While hiring continued in several sectors, particularly healthcare, transportation and warehousing, and financial activities—layoffs in the federal government and manufacturing highlight the growing impact of economic uncertainty, especially around tariffs and government restructuring.
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Employees want confidence that solid work and a well-managed organization lead to job security.
In this column, we continue to examine the seven individual attributes of the RESPECT model (Recognition, Exciting Work, Security, Pay, Education and Career Growth, Conditions, and Truth) by focusing on security.
