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The Recruitics Talent Market Index offers a fresh perspective on industry talent supply and demand dynamics. It tracks the fluctuating prices of attracting talent through paid advertising across diverse media channels. By focusing on pricing data, the Index complements traditional labor market metrics like job openings and hiring volume, providing a more precise signal of demand for talent, regardless of job posting volume.
In this Report:
Segment Analysis: Price Increases and Price Declines
2024 Holiday Hiring Season Update
Post Election Recap
October 2024 Key Findings
As Holiday Hiring Costs Climb, a Trump Administration Brings New Labor Market Questions: Special Post-Election Recap
As the holiday season kicks off, talent attraction costs in retail and transportation are on the rise. Notably, transportation and logistics are experiencing a year-over-year price increase, even as holiday sales are projected to be cooler this year. The election outcome and GOP-controlled House & Congress may also shape labor market dynamics. Expected deregulatory efforts and tax cuts could potentially encourage growth in sectors like manufacturing and
