First Half 2023 Hiring Trends: Slowdown and Stagnation
The first half of 2023 has seen big changes in the labor market, with reverberating effects on the workforce including signs of decreased engagement. Based on metrics from the Workday platform—which shows more applications for fewer jobs and voluntary turnover declining by 20% compared to the same time frame last year—we’ve pulled together key trends and insights to help HR leaders chart their course for the near-term future.