The dissonance in the US job market between ‘what the data says’ vs how people actually experience continues to be one of the stories of 2024. Revelio Labs does a great of
presenting the former, but a much weaker one on explaining the latter. Scrutiny of the chart which describes flow between industries might give us a clue: the sectors with the lowest paying work are the ones doing the hiring, most seem to
be part time, and
increasingly performed by foreign born labour. Lots to think about, not least the need to cross reference produced information with direct interactions with job seekers and recruiters on the ground.