4 key labor market trends for employers to know
With the new year upon us, it's the perfect time to reflect on key trends in the 2018 U.S. labor market. The ADP Research Institute (ADPRI) examined job growth, wage growth and bonus pay and pinpointed some major themes from the year. As 2019 begins with the labor market at full employment and record low unemployment, employers will be hard pressed to attract and retain the skilled talent they need. This year it is imperative that employers focus on providing the pay, benefits and culture that today's workers demand in order to engage their people. What can employers learn from 2018 to better prepare for 2019? Check out the slideshow above for four key themes.
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Ahu Yildirmaz is the co-head of ADP Research Institute, where she directs economic and labor market research.
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