The unemployment rate rose in August to 3.8 percent from 3.5 percent in July, the highest since February 2022. "Further rate hikes will negatively impact jobs and people's lives." "Now, more than ever, it's important for the Fed to pause and let the data catch up with what we are seeing on the ground," Wahlquist said. Richard Wahlquist, CEO of the American Staffing Association, sees the latest employment report as another sign that the Federal Reserve's campaign to raise interest rates should be paused.įederal Reserve officials watch the BLS report closely to determine whether borrowing costs need to be raised again to slow the economy and keep inflation down. labor market continues to come back to earth from a very high peak," he said. "Payroll gains continue to slow down, wage growth is moderating slowly, and labor force participation is trending upward. Monthly payroll gains are still running faster than the neutral pace of 70,000-100,000 needed simply to keep pace with population growth, but are trending toward that threshold."īunker added that job creation was never going to keep up with the pace from 2022 and wages weren't going to grow indefinitely at an over 6 percent annual rate. "The labor market remains solid," agreed Nick Bunker, head of Economic Research at the Indeed Hiring Lab. "It's high enough to keep the unemployment rate low while creating more opportunities for workers to come in off the sidelines, but low enough so as not to cause a resurgence of inflation." The labor market overall is at "an ideal cruising altitude," said Julia Pollak, chief economist at ZipRecruiter. "With pandemic paranoia about hiring lingering, companies are continuing to hold onto their workers, remembering how hard it was to rehire." "After red-hot post-pandemic hiring, we are seeing a slow glide into a cooler labor market this Labor Day weekend," said Becky Frankiewicz, president and chief commercial officer of ManpowerGroup. The pace of job creation is starting to more closely resemble 2019, before the pandemic labor market led first to tremendous job losses and then to big monthly job gains during the recovery. And current job growth is well below the 400,000 average monthly gain in 2022. Over the summer, 150,000 jobs were added on average each month, down from a 238,000 average gain in the spring. Employers created 187,000 new jobs in August and monthly employment totals were downgraded by a combined 110,000 in June and July, according to the latest employment report from the U.S. Applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), age, sexual orientation, national origin, marital status, parental status, ancestry, disability, gender identity, veteran status, genetic information, other distinguishing characteristics of diversity and inclusion, or any other protected status.The U.S. Kaiser Permanente is an equal opportunity employer committed to a diverse and inclusive workforce. Working at Kaiser Permanente means that you agree to and abide by our commitment to equity and our expectation that we all work together to create an inclusive work environment focused on a sense of belonging and wellbeing. We know that having a diverse and inclusive workforce makes Kaiser Permanente a better place to receive health care, a more supportive partner in our communities we serve, and a more fulfilling place to work. Travel: No At Kaiser Permanente, equity, inclusion and diversity are inextricably linked to our mission, and we aim to make it a part of everything we do. ![]() ![]() The salary range may vary if you reside in a different location or state than the location posted. Primary Location: California,San Diego,San Diego Medical Center Scheduled Weekly Hours: 21 Shift: Evening Workdays: Mon, Tue, Wed, Thu, Fri, Sat, Sun Working Hours Start: 03:00 PM Working Hours End: 11:30 PM Job Schedule: Part-time Job Type: Standard Employee Status: Regular Employee Group/Union Affiliation: B09|OPEIU|Local 30 Job Level: Entry Level Department: San Diego Medical Center - Pediatrics - 0801 Pay Range: $25.23 - $27.36 / hour The ranges posted above reflect the location in the job posting.
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