The Job-Switching Pay Premium Just Hit a Record Low
Changing employers used to guarantee a raise. In 2026, it barely does. The lever workers relied on for three years is nearly gone.
3 min read
The Signal
The Signal delivers the most important workforce charts, trends, hiring patterns, and talent insights. We read the research so you don't have to—just the signal, no noise. Twice a week.
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91% of Employers Believe Workers Feel Fairly Rewarded
There's a 26-point gap between what managers believe about recognition and what employees actually experience. AI is making it wider.
3 min read
Employee Engagement Has Lost 8 Million Workers Since 2020
U.S. engagement has been flat for two years, but the five-year slide tells a different story. And it's not coming from where most organizations are looking.
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Americans Spend 35 Minutes a Day Socializing
Down from 43 minutes a decade ago, and your workforce brought that deficit to work with them.
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2025 Job Growth Was 181,000, Not 584,000
The labor market was 403,000 jobs weaker in 2025 than what was reported.
3 min read
Producer Prices Rose 0.5% in January, Led By Services
Goods prices are falling. Services prices just posted their biggest monthly jump since July 2025. For managers in labor-intensive industries, the inflation story isn't over.
3 min read
Benefits Now Cost Employers $13.58 Per Hour
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Union Workers Earn 20% More
Private-sector unionization is at historic lows. The wage premium it commands is not.
2 min read
Real Wages Rose 1.2%
Nominal pay looks healthy at 3.7%. Strip out inflation and add back the extra hours, and workers are running faster to stay in place.
3 min read
Federal Employment Fell 10.9%
The government shed 327,000 positions since October 2024. That workforce doesn't disappear, it floods into private labor markets, and your hiring strategy probably hasn't adjusted for it.
2 min read
Inflation Cooled to 2.4%
Overall prices are moving closer to the Fed's target, but shelter costs, which directly affect compensation decisions, remain elevated at 3.0% annually.
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Job Postings Mentioning AI Hit 4.2%
Every sector is hunting for AI talent, but the jobs might not exist by the time candidates apply.
2 min read