The job market constantly evolves, and staying ahead of these changes is crucial for making informed business decisions. At Aura, we excel in converting millions of workforce data points into actionable insights, empowering businesses and investors to make data-driven decisions.
Our comprehensive job market analysis covers industry-specific changes, the latest remote work patterns, and regional job growth, revealing where opportunities lie and which sectors are gaining momentum.
Let's explore the data and uncover the key trends shaping the job market in August. The analysis is based on data freshly pulled as of July 31, 2024, compiled from public sources such as publicly advertised job posts.
August Job Market Report by Aura Workforce Analytics
Top Industries by New Job Postings Aura’s advanced workforce analytics enable businesses to explore sector-specific trends in near real-time, identifying thriving industries and those facing challenges. This new alternative data source allows companies and investors to adapt their strategies and maintain a competitive edge.
Below are some key industry insights from our latest job market report:
Retail
Staffing & Recruiting
Hospital & Healthcare
IT & Services
Human Resources
Remote Job Trends Analyzing job posting data provides detailed insights into remote work trends, enabling professionals to adapt their workforce strategies and understand economic shifts.
The remote job market has seen significant changes over the past six months, with a notable increase in the percentage of new remote jobs compared to total jobs.
Key Highlights:
Using Aura’s platform, we can pinpoint which sectors successfully transition to remote work and adjust their operations accordingly.
Top Industries by % Change in New Remote Job Postings:
Aura’s advanced geographic analytics provide a clear view of regional job market dynamics at both state and country levels, helping identify potential high-growth areas for business investment.
Global Job Trends:
We did not record any state with positive change in jobs posted; Massachusetts showed the most minor decrease, at less than a 1% decline.
Country New Jobs:
Macro quantitative insights into the job market are invaluable for supporting business decisions. However, when applied deeply to individual sectors and companies, these insights can starkly contrast with anecdotal evidence.
Aura’s cutting-edge data analytics platform enables management consultants, investment firms, and enterprises to unlock powerful insights through comparative benchmarking and financial analytics, propelling their businesses forward confidently.
Understanding and adapting to pivotal shifts in the economic environment allows organizations to navigate challenges and seize new opportunities in the competitive corporate ecosystem.
With Aura’s workforce intelligence platform, you can stay ahead of the curve, driving strategic success and developing business value. Schedule a no-obligation demo of the Aura Workforce Insights Platform to discover how to incorporate these insights into your decision-making process.