United States | January 2024
Nationally, across all industries, hiring increased 5.5% in December compared to November – the largest month-over-month increase over the past 12 months - after posting declines the prior month. Hiring is down 9.9% in December compared to last year. This year-over-year decline is the smallest over the past 12 months. The pace of hiring remains unchanged from July (+0.4%), suggesting stabilization in the labor market after a gradual cool down since Spring 2022.