US labour market stable; worker productivity accelerates in Q2

What this means for your job search: Expect a steady, less volatile hiring environment, as companies are retaining staff and layoffs are at a two-year low. Focus on demonstrating how you can immediately contribute to productivity and efficiency, aligning with the trend of accelerating worker output. The number of Americans filing claims for unemployment benefits increased slightly last week, while layoffs dropped to a two-year low in July, consistent with a stable labour market.Other data on Thur...