The Hot Jobs Market Could Mean Big Gains for March Payrolls and Wages

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The Hot Jobs Market Could Mean Big Gains for March Payrolls and Wages
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The unemployment rate is expected to drop to 3.7% and average hourly wages are expected to rise by 0.4%, according to Dow Jones.

Russia and the West Are Battling to Get China and India to Take Their Sides in the Ukraine WarTom Gimbel, CEO of recruiting firm LaSalle Network, said he sees no sign from CEOs that the Ukraine war is changing their plans, and they are more worried about inflation and the labor shortage. But he did note the firm's cybersecurity practice is up over 50% from a year ago. Sales and marketing are the hottest areas for hiring.

Gimbel said now companies are hiring for a hybrid structure, with employees still at home part-time but more often in the office."We still have companies that are willing to pay for the experienced talent and the wages continue to increase...You're getting people that are two-years experienced, and they're getting what two or three years ago they would have gotten with five years' experience," he said."We're seeing out-of-college salaries really start to balloon.

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