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US Monthly Hiring Update_March 2024 Edition

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ManpowerGroup: Global Insights | 19 Prime-age workers have entered the workforce in droves as the economy recovered from the pandemic shock — helped by plentiful jobs, strong wage growth and remote work, among other factors. 70,0% 75,0% 80,0% 85,0% 90,0% 95,0% Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Oct-23 Jan-24 Labor Force Participation Rate - Prime Age Women Men Overall Source: Bureau of Labor Statistics, data as of Mar 8, 2023 0 2 4 6 8 10 12 14 16 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Oct-23 Jan-24 Unemployment Rate Women Men Overall 0 20 000 40 000 60 000 80 000 100 000 120 000 140 000 160 000 180 000 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Oct-23 Jan-24 Employment Level Women Men Overall ManpowerGroup: Global Insights | 19 Increase of prime-age workers, both men and women, in the workforce in February 2024 Employment level decreased for both men and women in February 2024 Unemployment level increased 0.5% for women but decreased 0.1% for men, leading to a +0.2% unemployment rate in February 2024

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