The Hot Jobs Market Could Mean Big Gains for March Payrolls and Wages

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The unemployment rate is expected to drop to 3.7% and average hourly wages are expected to rise by 0.4%, according to Dow Jones.

Russia and the West Are Battling to Get China and India to Take Their Sides in the Ukraine WarTom Gimbel, CEO of recruiting firm LaSalle Network, said he sees no sign from CEOs that the Ukraine war is changing their plans, and they are more worried about inflation and the labor shortage. But he did note the firm's cybersecurity practice is up over 50% from a year ago. Sales and marketing are the hottest areas for hiring.

Gimbel said now companies are hiring for a hybrid structure, with employees still at home part-time but more often in the office."We still have companies that are willing to pay for the experienced talent and the wages continue to increase...You're getting people that are two-years experienced, and they're getting what two or three years ago they would have gotten with five years' experience," he said."We're seeing out-of-college salaries really start to balloon.

 

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US companies add 455,000 jobs in March, ADP report showsU.S. companies hired employees at a healthy clip in March, suggesting the labor market is still strong and that businesses are eager to fill a near-record of open positions, according to the ADP National Employment Report released Wednesday morning. I keep on saying that the resiliency of the economy is strong. But too many people have pessimistic attitudes. Hopefully, the Friday report will be as strong, if not stronger. BUILDERS, APPLIANCE,AUTO MAKERS, SECURITY, HOTEL OPS, ETC ALL WORK 5 DAYS PER WEEK. THESE BANKERS & OFFICE PEOPLE ARE NO BETTER OR DIFFERENT THAN ANYONE ELSE. THE DIFFERENCE IS THEY GET PAID A TON MORE. SO GOLDMAN KIDS, GET UR HEADS OUT OF UR ASS & STOP BITCHING. UR REPLACEABLE Lowest unemployment rate in 52 years
Source: FoxBusiness - 🏆 458. / 53 Read more »