ZipRecruiter Releases 2024 Industry Outlook Report

ZipRecruiter, a leading online employment marketplace, today launched ZipRecruiter’s 2024 Labor Market Outlook. The report leverages data and insights from the ZipRecruiter marketplace to empower hiring managers and business leaders to make informed decisions in 2024, with an inside look into trends across 10 key industries and perspectives on how those will impact the workforce in the coming year.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240118108423/en/

ZipRecruiter 2024 Labor Market Outlook Report (Graphic: Business Wire)

“Even though growth remains uncertain in 2024, we’re on the verge of a second roaring twenties—with a twist,” said Julia Pollak, ZipRecruiter’s Chief Economist. “As investments in artificial intelligence, green technologies, semiconductors, cloud computing, infrastructure, and domestic supply chains pick up and bear fruit, pent-up demand for labor and business inputs will be unleashed, and the 2020s will become a decade of rapid growth and innovation, like the 1920s before them. Armed with data and key insights from our marketplace in this new report, leaders can make the most of the workforce opportunities presented in this time of rapid change.”

ZipRecruiter’s 2024 Labor Market Outlook features actionable insights regarding the top job characteristics workers want, current trends in employee benefits, evolving remote work practices, changes in educational requirements, and demographic and geographic trends, among others, across 10 key industries. These industries include: Construction; Education; Financial Services; Government; Healthcare; Hospitality; Manufacturing; Professional & Business Services; Retail; and Transportation & Warehousing.

Three Opportunities in 2024

The adoption of productivity-boosting artificial intelligence (AI) and the shift to greener technologies present several opportunities for employers to improve, modernize, and expand access to their jobs. From financial services employers aggressively recruiting AI talent to healthcare employers relaxing education requirements and prioritizing skills-based hiring, employers across the industries examined in the report are exploring new solutions to workforce challenges.