Q1 2025 US Jobs Report

U.S. OVERVIEW

This quarter, job vacancies rose by a sharp 7.7%, approximately 459,000 additional listings between

January 6 and March 3. This growth marks a renewed expansion in the labor market following a

contraction towards the end of 2024, which itself came after a year of little change. Compared to one

year prior, vacancies have declined 0.7%. In the sections that follow, we’ll break down total vacancy

trends in the U.S. generally, by geography, and job categories.

2024 U.S. Jobs Report

A Look Back at the Jobs Market in 2024

Welcome to the 2024 U.S. Jobs Report, our second full-year report.

Total job listings were lower in 2024 than in 2023, marking a second consecutive year of decline. It’s

worth noting, though, that 2022 was a remarkable year for job listings, as the Great Resignation was

in full swing and employees were leaving jobs confident that they could find something better.

The tide has since turned. And while the labor economy is healthy overall (inflation and interest rates

are down from the start of the year, with unemployment hovering right around 4 percent), employers

and those in recruitment tech have many questions about the future.

Here’s a look at what happened in 2024 and what it tells us about what's to come.

Job Market Pulse | US Jobs Report Q2 2024

We are excited to share the latest insights from our Q2 U.S. Jobs Report, offering key data points about the U.S. labor market in the second quarter of 2024. The data in this U.S. report comes from Aspen Technology Labs’ JobsIndex, which aggregates daily vacancy information from more than 115,000 company career sites, ensuring you receive the most accurate and up-to-date information.

Overall, this quarter, vacancies continued their upward trend from Q1 (which saw a 1.2% QoQ increase), ticking up 0.4% quarter over quarter. While the growth is modest, it signals that the job market continues to recover after a contraction in 2023, which followed a record-high year for job listings in 2022.

Job Market Pulse 2023 Q1 US Jobs Report

Gain insight into the state of the U.S. labor market, including analysis by job titles, sectors, geography, and more.

What’s Included?

Learn What’s New with Aspen Tech Labs

• Gain an understanding of what we have been working on over the quarter

Key Trends & Insights

• You will find insights and analytics backed by our database of more than 120,000 companies and 9M+ job postings worldwide with 6M in the United States, updated daily. Including key vacancy and salary trends. Insights on Salary Transparency, Wage Benchmarking, Geography, and much more.

Quarterly Spotlights

• Each quarter, in addition to an overview of the market and quarterly trends, you’ll also see “spotlight” areas with in-depth analyses using ATL’s tools.

E362 Recruiting Community: Michael Woodrow, Trends and Insights from Data