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Episode 87 - PayScale's 2023 End of Year Report Hot Jobs Report
Dec 27, 2023
Experts Amy Stewart and Lexi Clarke give insights into the job market trends for 2023. They discuss the top 10 in-demand jobs with wage growth, employee-reported data on job quitting trends, and predictions for 2024. Key takeaways include labor market conditions, pay transparency, and hot job predictions for the upcoming year.
32:49
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Quick takeaways
- Labor force participation at historic lows could pose challenges for both employers and job seekers.
- Wage growth is expected to continue in 2024, demonstrating employees' continued bargaining power.
Deep dives
Payscale's End of Year Report Overview
Payscale's upcoming end of year report, to be published on December 13th, covers the labor market state, trending jobs with high wage growth, and insights from thought leaders. The report reveals that the economy in 2023 witnessed uncertainty with a potential revival in 2024. Despite a cooled-off market, layoffs and unemployment remained below historical averages, creating a challenging yet strong labor market.
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