workplace flexibility shifted from a perk to an expectation“The current market still seems to be a jobseeker’s game, however, with more companies drawing a line in the sand over their return-to-office policies and demand for labor cooling slightly, it’ll be interesting to see where it goes from here," Lewis said.overall job ads are falling, with new job listings dropping 10.
Meanwhile, 77% of organizations have not reduced hiring plans or implemented hiring freezes, but more than half are worried about layoffs. About 46% of human resources professionals believe hiring is being impacted by a potential recession, with 50% saying they are scaling back hiring plans. But job seekers are still being selective, with 40% or fewer job offers being accepted, and about 61% of recruiters believe it will be difficult to hire new employees in 2023.shows wage growth for new job postings is slowing. While wage growth in job listings grew at 6.5% year over year in November, that is down from 9% in March 2022 but still higher than the 3.1% from before the pandemic.
That slowing wage growth is anticipated across a range of job categories, with only 18% of industries seeing wage growth holding steady or increasing from May to November.
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