Jay Denton @LaborMarketGuru
Chief Analytics Officer @LaborIQSoftware and data geek. laboriq.co Dallas, TX Joined June 2020-
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Job gains better than expected. 336K jobs added in Sept. Unemployment steady at 3.8%. #HR
Is the labor market back to normal? ERE labor market columnist @LaborMarketGuru provides answers. hubs.li/Q01_SBq-0
Almost 200K #jobs were added in July with #Healthcare creating a third of that number. This would be a good pace to maintain. #hiring
While other inflation measures have slowed, wage growth remains elevated at a yearly rate of 4.4%. It's essentially been at that pace all year. #HR
Job gains for July at 187K. That would be a good pace to maintain. About 1/3rd of the gains were in healthcare. #HR
The labor market beat the odds in the first half of the year. What's in store for the second half? Read today's featured article by ERE labor market expert @LaborMarketGuru for insights. hubs.li/Q01YkZmy0
Even with the revisions and slower growth in June, close to 1.7 million jobs have been added ytd. That is still very strong compared to forecasts heading into 2023. Staying around 200K a month would still be considered strong especially given the circumstances.
Big difference in ADP's estimate for June job gains of 497K compared to BLS's of 209K. The BLS number feels more accurate to me, plus the last two months were revised down a combined 100K. #HR
Update on which markets have added the most jobs relative to before the pandemic: linkedin.com/feed/update/ur…
A further recap on today's jobs report can be found here. #humanresources linkedin.com/posts/jay-dent…
The unemployment rate went up because 440K more people were unemployed, and the labor force grew by 130K from April.
Another surprisingly strong job gain number of 339K for May. Unemployment rises to 3.7%. Wage growth steady at 4.3%. #humanresources
There are so many claims flying around about the labor market, but which are credible? Which are overblown? Which are accurate? ERE labor market columnist @LaborMarketGuru breaks it all down. hubs.li/Q01QXWvW0
Latest #labormarket article is out. Detail how unemployment claims are nowhere near Great Recession days. @LaborIQSoftware ere.net/articles/debun…
More of a summary here: linkedin.com/posts/jay-dent…
253K jobs added in April, but it looks like a big chunk of that was simply moved from earlier in the year. Feb and Mar were revised down a combined 149K...so not as great as it appears, but labor market still strong. #humanresources
Check out the latest #labormarket article! It was a solid Q1 of results, but the outlook remains cautious. #humanresources #Recruiting
Check out the latest #labormarket article! It was a solid Q1 of results, but the outlook remains cautious. #humanresources #Recruiting
The unemployment rate of 3.5% remains incredibly low and jobs in tech (2.2%), legal (0.3%), and management (1.7%) are among those with an even tighter supply of labor. #HumanResources
Hourly wage growth slowed to 4.2% in March on an annualized basis. Good news for those watching inflation, it is the lowest annual increase since June 2021. #HumanResources
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1K Followers 1K Following I love everything surrounding #realestate, #economics, #statistics, #marketresearch, #teaching...I know I am forgetting something. Love #sports and #travel.Is the labor market back to normal? ERE labor market columnist @LaborMarketGuru provides answers. hubs.li/Q01_SBq-0
The labor market beat the odds in the first half of the year. What's in store for the second half? Read today's featured article by ERE labor market expert @LaborMarketGuru for insights. hubs.li/Q01YkZmy0
There are so many claims flying around about the labor market, but which are credible? Which are overblown? Which are accurate? ERE labor market columnist @LaborMarketGuru breaks it all down. hubs.li/Q01QXWvW0
April’s 253,000 job gains in the US exceeded economists’ expectations, bringing the year-to-date total to more than 1.1 million jobs added. . tinyurl.com/bdzf83yh @LaborMarketGuru via @ERE_net
We are excited for our keynote speakers at #TheCandEs March virtual conference - A Place We’ve Never Been: Recruiting, Hiring & #CandidateExperience in 2023 feat. Jay Denton @LaborMarketGuru Chief Analyst @ThinkWhy_ & @SusanLaMotte , Founder & CEO @exaqueo bit.ly/3jHA7bg
The U.S. labor market added more than 1.1 million jobs during the summer of 2022 (June to August). Only 368k jobs were added in the summer of 2019. The unemployment rose 0.2% to 3.7% due to greater labor market participation tinyurl.com/msw2cmpx @LaborMarketGuru @ERE_net
The economy has been taking us on quite a ride lately. And it doesn't look we'll be coasting through things any time soon. Which is why it's worth checking out ERE labor market columnist @LaborMarketGuru's latest insights on where we might be headed. hubs.li/Q01knQB70
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Demand for hiring is strong. It appears more people are returning to work. Illinois, Ohio, Florida, & Georgia had some of the largest drops in initial unemployment claims. 1/2
More workers consider switching careers – not just jobs. bit.ly/3jzDWwN #economy #Career
Many employers are grappling with attracting enough workers and retaining them. @ThinkWhy_’s @LaborMarketGuru explains how these labor market trends are impacting hiring and #retention strategies.
The Warping of Talent Supply and Demand Laws: Editor’s note: This article marks the first piece by Jay Denton as the new author of “The Labor Market” column. He brings deep expertise in labor issues, and we are thrilled to share… dlvr.it/S2MkdF #Economy #LaborMarket
The Warping of Talent Supply and Demand Laws: Editor’s note: This article marks the first piece by Jay Denton as the new author of “The Labor Market” column. He brings deep expertise in labor issues, and we are thrilled to share… dlvr.it/S2MkdF #Economy #LaborMarket
ThinkWhy’s @LaborMarketGuru sheds light on how current talent supply and demand is impacting hiring and the economic recovery for @ERE_net. #economy #recruiting #talentacquisition
The Warping of Talent Supply and Demand Laws: Editor’s note: This article marks the first piece by Jay Denton as the new author of “The Labor Market” column. He brings deep expertise in labor issues, and we are thrilled to share… dlvr.it/S2MkdF #Economy #LaborMarket
"If this was a horse race, Texas markets would be among the front-runners in the country," Jay Denton said. "There are some other places doing just as well as us, but relatively, we're at the front of the pack." @LaborMarketGuru weighs in on #Dallas' recovery.
Sluggish recovery? Not in Dallas-Plano-Irving, where half the state’s new jobs were created in May buff.ly/3gVDiGJ
Initial unemployment claims remained steady, but continued claims dropped 144K to 3.4M. On March 21, 2020, it was 3.1M. The peak was 24.9M in May 2020. Continued claims represent how many people remain on the sidelines, which is getting closer to normal levels.
Compensation matters before and after the hire. #ExperienceLaborIQ
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