Job Postings on Indeed have a Slight Drop of 15%

1.2%   

The Labor Department announced that employers spent 1.2% more on wages and benefits in Q1 compared to the previous three months, a slight increase of 1.1% in Q4. Compensation costs for private industry workers increased by 4.8 % YOY.  

 

14% 

Researchers at Stanford University’s Digital Economic Laboratory and the Massachusetts Institute of Technology stated that customer support agents who got access to a generative AI assistant increased their productivity by 14%. The study includes 5,000 agents working for a Fortune 500 firm. 

 

15% 

Job postings on Indeed have a slight drop of 15% YOY and employers are trying to get back their workers as per Indeed Hiring Lab’s U.S. Corporate role postings have declined rapidly and job postings remain 33% above the pre-pandemic. 

 

73% 

A recent Pearson survey revealed that workers are showing interest in technology and business, so to gain these roles employers need problem-solving, decision-making and teamwork. 73% of US employees say that they prefer to learn problem-solving and decision-making via their employer. 

 

9% 

The JUST Capital research found that 9% of the top companies offer at least 12 weeks of paid parental leave for both primary and secondary caregiving workers. 64% of Americans believe it is the basic requirement for employers to provide at least 12 weeks of paid parental leave and only 1 in 10 companies has such a policy. 

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The Job Market in the US Bounced Back in April After a Recent Slowdown

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Jobless Claims in the US has Risen to 245,000