Reality Check - Q4 Hiring Market Updates
Tune in to get an update on the latest data on key economic indicators, high-growth tech hiring trends, how this compares to news headlines, and where companies are currently prioritizing their hiring resources.
What we cover:
- Oct inflation 7.7%, below 8% forecast
- US Sept job vacancies up MoM ~3% to 10.7M
- Stronger than expected US job growth, 261k added on an expectation of 200k, lowest level since Dec 2020
- Unemployment rate relatively flat at 3.7%, in line with pre covid levels
- Takeaways from PeerSignal's November Hiring Report on B2B high growth tech companies
- Senior & director level demand level strong
- Shift in approach - cautious & steady
- Shift in job vacancy demand - product, engineering, retention-focused sales & marketing functions
- Compensation structures, adjusting expectations in line with market shift
Economic data sources - BLS - Trading Economics
- E21 - Talent Strategies for Early-Stage Startups
- E20 - Getting Ahead of the Tech Talent Skills Gap
- E05 - Building People Operations in Early Stage Startups
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