Kirk Hoyle (MBA, SIX SIGMA, ACIR, CIR, CESC, CISC)

📊 U.S. Labor Market Update – March 2025 The latest Job Openings and Labor Turnover Survey (JOLTS) reveals a nuanced picture of the U.S. labor market: Job Openings: Decreased by 288,000 to 7.192 million, indicating a potential softening in labor demand. Layoffs: Declined by 222,000 to 1.558 million, suggesting employers are retaining their workforce despite economic uncertainties. Hiring: Experienced a modest increase of 41,000 to 5.411 million, reflecting cautious optimism among businesses. These figures suggest that while employers are becoming more selective in their hiring processes, they are also striving to maintain stability within their existing teams. For organizations, this environment underscores the importance of strategic talent management. At ProActivate, we specialize in proactive talent acquisition strategies that align with your business goals, ensuring you're prepared for both current challenges and future opportunities. 📈 Stay informed and ahead of the curve. Let's discuss how we can support your talent needs in this evolving landscape. #LaborMarket #HiringTrends #ProActivate #TalentStrategy #WorkforcePlanning

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Think contract work is just a temporary fix? Think again. The latest Talent Pulse Newsletter from Vaco by Highspring highlights how contract roles are transforming careers in 2026. From competitive pay to exposure to new industries, contract work offers a unique path to professional growth, allowing you to build a career on your terms. Whether you’re a professional looking to explore new opportunities or an employer rethinking how to build your team, this newsletter is for you. https://lnkd.in/efnmXrMM #VacoTalentPulse #TalentSolutions #ContractWork

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In the latest episode of RecTech, Economist Andrew Flowers from Appcast, Inc discusses the slowing US job market, describing it as 'treading water'. He analyzes recent employment data, labor force participation trends, quit rates, and the impact on recruiting and talent acquisition in various sectors. WATCH: https://lnkd.in/e6nW-UJq

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May 2025 Labor Market Summary (BLS and ADP) Brought to you by Back Office Staffing Solutions. BLS Employment Situation – May 2025 Job Growth: U.S. nonfarm payroll employment increased by 139,000 in May. This marks a slower pace compared to earlier in the year, signaling a cautious labor market as we approach mid-2025. Unemployment: The unemployment rate remained steady at 4.2%, unchanged since May 2024, with 7.2 million people unemployed. This stability suggests the labor market is holding its ground despite broader economic uncertainty. Industry Highlights: Health Care, Leisure & Hospitality, Social Assistance: These sectors continued to see job gains, reflecting ongoing demand for services as the summer season begins. Federal Government: Job losses persisted, continuing a downward trend for this sector. Staffing & Recruiting Industry: The professional and business services sector (which includes staffing and recruiting) saw little change, indicating a plateau in demand for staffing services. Year-to-date, job growth has slowed from the robust gains seen in early 2025, and while demand remains in key sectors like healthcare and hospitality, overall hiring momentum is cooling. ADP National Employment Report – May 2025 Private Sector Hiring: Only 37,000 private sector jobs were added in May, the lowest monthly gain since March 2023 and well below expectations. This sharp slowdown highlights growing employer caution and a significant deceleration from April’s 60,000 new jobs. Wage Growth: Annual pay rose 4.5% year-over-year, showing that wage pressures remain even as hiring slows. Both job-stayers and job-changers continue to see robust pay increases. Sector Details: Leisure & Hospitality: Added 38,000 jobs, benefiting from seasonal demand. Professional & Business Services: Lost 17,000 jobs, a potential concern for staffing and recruiting firms. Other Sectors: Mixed results, with some (like financial activities) gaining jobs and others (like trade, transportation, and utilities) seeing declines. Regional Trends: Only medium-sized businesses (50–249 employees) saw notable job growth, while other firm sizes were flat or negative. Year-to-Date Trend: After a strong start to 2025, hiring momentum has faded sharply over the past two months, signaling a broader labor market recalibration. Key Takeaways for Staffing & Recruiting Hiring Slows, but Opportunities Remain: Both BLS and ADP reports show a marked slowdown in hiring for May, especially in the private sector and professional services. However, demand for talent in healthcare, hospitality, and select service industries remains resilient. Market Cooling: The labor market is not contracting, but growth is clearly moderating. Employers are more selective, and job seekers may face increased competition.

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End-of-year hiring can be tricky, but an intentional strategy makes all the difference. Check out these tips to ensure your team finishes the year strong and sets the stage for a successful 2026. #Leadership #TalentStrategy #Hiring #ExecutiveSearch #Handler

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Proud to partner with Siskind Susser, P.C.- Immigration Lawyers and to recognize the impactful work of Elissa Taub in supporting healthcare employers and IMGs during an increasingly complex and challenging time for immigrants. Employers benefit from the diverse perspectives and skills #IMGs bring to patient care and the communities they serve, and trusted partnerships like this help organizations navigate uncertainty while remaining compliant and competitive. Learn more about Siskind Susser here: https://lnkd.in/egug4R6K #RecruitHireHeal #HealthcareWorkforce

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