The latest job market news and trends – all in one place. Highlights from the Q2 2023 Quarterly Market Report include:

• Job growth slows, workforce participation rate increases
• Temporary employment has been below last year’s levels since December 2022 and lost -10,700 jobs in March 2023 (-4.1% year-on-year)
• Economists call for a delayed start to the anticipated downturn, which has been dubbed a ‘slowcession’ by credit rating firm Moody’s
• The great debate: what the call back to the office looks like:
  “Big enterprise clients we work with are exchanging 100% remote work opportunities for hybrid models that are fit for their business. This allows for flexibility while still providing for the much-needed in-office time to address remote worker challenges, like disengagement, anxiety and overall mental health and wellbeing.” Jimmy J. Jhanda, Managing Partner – Vaco
• “Quiet hiring” offers new ways to snag in-demand talent
• Four-day workweek models
• Case study: nearshoring is helping solve the talent gap and retention challenges

These headlines and more — coupled with commentary and key insights from Vaco leadership.