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State of the Labor Market

April 2022 US Labor Market Update: For Many Workers, Inflation Outpaces Wage Growth 

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Pay gains remain strong, but fewer workers are keeping up…

Pay gains remain strong, but fewer workers are keeping up with rising prices.

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US Healthcare Labor Market Update 2022 Q2

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The Indeed Hiring Lab tracks employment trends in the Healthcare vertical, analyzing the latest Indeed and Bureau of Labor Statistics data.

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US Business-to-Business Labor Market Update 2022 Q2

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The Indeed Hiring Lab tracks employment trends in the Business-to-Business (B2B) vertical, analyzing the latest Indeed and Bureau of Labor Statistics data.

Line chart showing the openings per unemployeed worker, January 2019 to March 2022.

March 2022 JOLTS Report: A Strong Job Seeker’s Market

Line chart showing the openings per unemployeed worker, January 2019 to March 2022.
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As of March, there were 1.9 job openings for every unemployed person.

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State of the Labor Market

Domestic Interest in Summer Jobs Looks Sluggish

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But foreign interest in guest worker visas spikes.

A line graph titled “More workers are unretiring.” With a vertical axis from 1.5% to 3.5%, the graph shows the rate at which retired workers are employed a year later from January 2019 to March 2022. The line shows that ‘unretirement’ flows were 3.2% of all retired workers in February 2020. The rate then fell to 2.1% in June 2020 and slowly rose before speeding up in fall 2021. The unretirement rate was 3.2% as of March 2022.
Coronavirus, State of the Labor Market

‘Unretirements’ Continue to Rise as More Workers Return to Work

A line graph titled “More workers are unretiring.” With a vertical axis from 1.5% to 3.5%, the graph shows the rate at which retired workers are employed a year later from January 2019 to March 2022. The line shows that ‘unretirement’ flows were 3.2% of all retired workers in February 2020. The rate then fell to 2.1% in June 2020 and slowly rose before speeding up in fall 2021. The unretirement rate was 3.2% as of March 2022.
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The tight labor market, in combination with waning COVID-19 concerns and high inflation, are leading more people to leave retirement and reenter the workforce.

The Indeed Hiring Lab is an international team of economists who provide insights that help drive the global labor market conversation.

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