Revelio Labs

Don’t hate us, but we found another gender gap 🤖 🙅🏼♂️ This one is in the AI arena: ◦ Comparing adoption rates in general, men's rates of AI adoption are double those of women’s. ◦ This could contribute to the gender pay gap, as workers in occupations that adopt AI earn twice as much as those in occupations that do not. ◦ Women are overall less exposed to AI as they are underrepresented in the roles that are most exposed, like Software Engineering and Database administration. This shields them from some of the pressure to adopt the technology. Learn more at the link below ⤵️

Recruiters can now contact the qualified candidates they find in Revelio Labs with one click, thanks to our new SourceWhale integration. 🎉 Try it now: https://bit.ly/4a99NfL

Remote Companies Grow Twice as Fast 🖐 🎤 As 2025 begins with RTO as contested a topic as ever, new research from our economist team finds that workforce growth in companies offering remote and hybrid work arrangements has outpaced that of in-person firms. Read the case for rethinking RTO at the link in comments ⤵️

2024 Workforce Insights Wrapped 🎁 2024 has been yet another year marked by sweeping changes to the labor market. This week, we’re recapping our coverage of these important trends and events, from the growing impact of AI on the workforce to declining employee attrition and sentiment. Check out our full recap in the comments below, and have a Happy New Year!

🎉 Exciting News! 🎉 We will be attending the ASSA Annual Meeting in San Francisco from January 3-5, 2025! We are thrilled to connect with academics and researchers in economics, finance, accounting or management. If your work involves research on labor markets, human capital development or skills, come and find out how our comprehensive labor market data can elevate your research. From individual-level resume data to workforce trends and insights into company culture, our data can empower endless new research avenues. 📍Find us at booth number 213. Let’s discuss your projects and see how we can support your research!

Are fewer elves stocking the shelves this year?🎅🎄 The holiday period not only drives a significant portion of annual revenue, but also serves as a barometer for the broader economic climate, offering insights into consumer confidence, inflation, and labor market dynamics. Here’s what Revelio Labs’ workforce data suggests about the weight of Santa’s sleigh tonight: 📉 Data on new job postings in the retail sector for September, October, and November reveal a weaker demand for workers leading up to the 2024 holiday season compared to prior years. While retail job postings remain higher than pre-pandemic levels, they have declined each month relative to the same months in recent years. This moderation in hiring signals a shift toward more subdued labor demand, following the post-pandemic hiring surge that defined the past few years. 🛒 Grocery store chains – including Food City, Weis Markets, and Kroger – are among the leaders in seasonal retail hiring. The surge in job postings by food retailers reflects a broader trend – as inflation continues to squeeze purchasing power, consumers are prioritizing essentials and value-driven purchases. 📍While year-over-year demand is down nationally, cities like Montgomery, Little Rock, and Boise counter the trend with over 25% growth in new retail job postings. For more seasonal hiring insights, check out the link in comments. ⤵️

Great story in the The Washington Post today about RTO policies and their implications for employee growth using our Revelio Labs data and insights by Loujaina Abdelwahed, PhD! https://lnkd.in/d-VJrheu Great work, Taylor Telford!

What’s good for the planet and for the labor market too? 🤔 (hint: 🌞 ) This week's newsletter by Jesse Wheeler is all about solar jobs. Solar energy has been a massive job creator in recent decades, outpacing wind and creating an extensive workforce, with jobs especially concentrated in southwestern states and Vermont. Read more about solar's employment power at the link below ⤵️

These employees should brush off their resumes after an acquisition 🧹 📃 In today's newsletter, Stephanie Hao, Senior Economist, looks at the workforce implications of M&A. She finds attrition is higher at the acquired company and impacts these roles and seniority levels the most: ✔️ Recruiting ✔️Marketing ✔️Entry-level ✔️Executive-level While acquisitions may lead to some short-term restructuring, their ultimate goal is long-term success. One metric of success that we are able to observe in our data is headcount growth. Which acquisitions, then, lead to higher employee growth? Find out at the link in comments ⤵️

Construction sector growth outpaces the overall U.S. workforce growth rate 🔨👷♀️ In today's newsletter, we zoom in on the construction industry, which emerges a a top contributor of employment in 2024. Its resilient growth is curious in the face of decade-high interest rates that typically slow the sector down. Loujaina Abdelwahed, PhD has the story. ⤵️