AMER Labor Market News & Trends
The Americas region is experiencing a gradual economic recovery, leading to an increase in hiring activity across various sectors.
Companies are increasingly focusing on DE&I initiatives to attract and retain diverse talent and create inclusive work environments.
Despite the growth, a skills gap persists in critical areas like digital transformation, data analytics, and cybersecurity.
Mental health concerns are prevalent across the Americas, impacting both employees and businesses.
The popularity of remote and hybrid work models continues, impacting talent acquisition and workplace strategies.
Exploring partnerships with freelance professionals for specific tasks, etc.
The EMEA talent landscape in 2024 is a double-edged sword. While a tight labor market allows us to attract top performers, it also presents significant challenges in filling critical roles. We need to be creative in attracting and retaining talent, focusing on competitive compensation, fostering a strong employer brand, and offering flexible work arrangements that cater to the evolving needs of today's workforce."
Unemployment rate: 4.2% (US, March 2024) (Source: Bureau of Labor Statistics)
Job openings: 11.3 million (US, February 2024) (Source: Bureau of Labor Statistics)
Unemployment rate: 8.2% (average, 2023) (Source: World Bank)
Percentage of workers in the informal economy: 57% (Latin America, 2020) (Source: International Labour Organization)
Unemployment rate: 9.1% (average, 2023) (Source: World Bank)
Projected job growth in renewable energy: 1.2 million by 2030 (South America) (Source: International Renewable Energy Agency)
