In a recent Epoch Times article, Cody Harker is featured sharing insights on how the prime-aged labor force participating rate, between 25 -to 54- year olds, is holding steady, but the level for 20 to 24-year-olds has not recovered to pre-pandemic levels. Harker also highlights how the market is displaying resiliency and that covid-sensitive verticals are showing consistent growth.
“The prime-aged labor force participation rate – those aged 25 to 54 – has held steady, but the level for 20- to 24-year-olds has not recovered to pre-pandemic levels, says Cody Harker, Head of Data and Insights from recruitment marketing firm Bayard Advertising.”
“‘Following an unexpectedly strong January, February’s job gains beat expectations again in another display of resiliency for this labor market. And as layoffs in tech and a handful of other industries continue, COVID-sensitive verticals are posting consistent, steady growth,’ said Cody Harker, Head of Data and Insights from recruitment marketing firm Bayard Advertising, a note.”
Read the full Epoch Times article here.