Employment Rate in the United States decreased to 59.60 percent in July from 59.70 percent in June of 2025. This dataset provides - United States Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Job Offers in the United States decreased to 7437 Thousand in June from 7712 Thousand in May of 2025. This dataset provides the latest reported value for - United States Job Openings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The inflation rate in the United States declined significantly between June 2022 and May 2025, despite rising inflationary pressures towards the end of 2024. The peak inflation rate was recorded in June 2022, at *** percent. In August 2023, the Federal Reserve's interest rate hit its highest level during the observed period, at **** percent, and remained unchanged until September 2024, when the Federal Reserve implemented its first rate cut since September 2021. By January 2025, the rate dropped to **** percent, signalling a shift in monetary policy. What is the Federal Reserve interest rate? The Federal Reserve interest rate, or the federal funds rate, is the rate at which banks and credit unions lend to and borrow from each other. It is one of the Federal Reserve's key tools for maintaining strong employment rates, stable prices, and reasonable interest rates. The rate is determined by the Federal Reserve and adjusted eight times a year, though it can be changed through emergency meetings during times of crisis. The Fed doesn't directly control the interest rate but sets a target rate. It then uses open market operations to influence rates toward this target. Ways of measuring inflation Inflation is typically measured using several methods, with the most common being the Consumer Price Index (CPI). The CPI tracks the price of a fixed basket of goods and services over time, providing a measure of the price changes consumers face. At the end of 2023, the CPI in the United States was ****** percent, up from ****** a year earlier. A more business-focused measure is the producer price index (PPI), which represents the costs of firms.

Labor Dispatch Service Market Outlook

The global labor dispatch service market was valued at approximately USD 45 billion in 2023 and is projected to reach around USD 78 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.5%. This market size expansion is primarily driven by the increasing demand for flexible workforce solutions and the rising trend of outsourcing non-core activities to specialized service providers. With companies across various industries seeking to optimize operational costs and enhance productivity, the labor dispatch service market is poised for significant growth over the forecast period.

One of the primary growth factors for the labor dispatch service market is the evolving nature of work and employment structures. As businesses face fluctuating market demands and economic uncertainties, there is a growing preference for flexible staffing solutions. Labor dispatch services offer an adaptable workforce that can be scaled up or down based on business needs, providing companies with the agility required to navigate dynamic market conditions. This shift towards more flexible employment arrangements is anticipated to continue, driving demand for labor dispatch services in the coming years.

Technological advancements also play a critical role in the expansion of the labor dispatch service market. The integration of advanced technologies such as artificial intelligence, machine learning, and big data analytics into staffing processes has revolutionized the way labor dispatch services are managed and delivered. These technologies enable more efficient matching of workers with job requirements, streamline administrative tasks, and enhance the overall effectiveness of staffing solutions. As technology continues to evolve, it is expected to further boost the growth of the labor dispatch service market by improving service quality and operational efficiency.

Another significant factor contributing to the market's growth is the increasing globalization of business operations. Companies are expanding their footprints across multiple regions, leading to a greater need for diverse and geographically dispersed workforces. Labor dispatch services facilitate this by providing access to a broader talent pool and offering localized staffing solutions that meet regional labor regulations and cultural nuances. This global expansion of businesses is likely to sustain the demand for labor dispatch services, particularly in emerging markets where economic development is creating new job opportunities.

The regional outlook for the labor dispatch service market indicates robust growth across various geographies. North America and Europe are expected to lead the market due to their well-established industrial bases and high adoption of flexible staffing solutions. The Asia Pacific region is projected to exhibit the highest growth rate, driven by rapid industrialization, economic development, and a large labor force. Latin America and the Middle East & Africa are also anticipated to experience steady growth, supported by ongoing infrastructure projects and increasing foreign investments. Each region's unique economic conditions and labor market dynamics will shape the specific growth trajectories within the global labor dispatch service market.

Service Type Analysis

The labor dispatch service market is segmented by service type into temporary staffing, long-term contract staffing, project-based staffing, and others. Temporary staffing is one of the most prominent segments, driven by the need for short-term workforce solutions to address seasonal demands, peak workloads, and special projects. Temporary staffing provides businesses with the flexibility to manage their workforce dynamically, responding quickly to changing market conditions without the long-term commitments associated with permanent hires. This segment is expected to maintain strong growth due to its inherent advantages in terms of cost-effectiveness and operational flexibility.

Long-term contract staffing, another critical segment, involves the placement of workers for extended periods, often spanning several months to years, based on specific contract durations. This segment caters to industries where there is a need for sustained workforce support, such as manufacturing, healthcare, and IT. The stability and continuity offered by long-term contract staffing make it an attractive option for businesses seeking to maintain

The number of people employed in the restaurant industry in the United States fluctuated throughout the past decade. As of May 2024, this figure reached 13.6 million, representing an increase from the previous year's total of 13.2 million. The number of employees in the restaurant industry in the U.S. peaked in 2016 at 14.7 million. What are the hourly wages of fast-food employees in the U.S.? The hourly wages of U.S. fast food and counter workers varied throughout 2023. As of May of that year, fast food employees in the United States had a median hourly wage of 14.2 U.S. dollars. In total, approximately 10 percent of fast-food employees earned less than 10.67 U.S. dollars per hour, and 90 percent of those same workers earned less than 17.73 U.S. dollars per hour. Leading U.S. restaurant chain The leading restaurant chain in the U.S., by a measure of sales, was McDonald’s in 2022. During that year, the quick service chain experienced sales amounting to 48.67 billion U.S. dollars. McDonald’s was also the most valuable quick service restaurant brand in the world in 2023, with an estimated brand value of over 191 billion U.S. dollars. Starbucks, who came second in the ranking, had an estimated brand value of approximately 61.5 billion U.S. dollars.

Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2025, workers in the Central American country enjoy a basic monthly wage of over 726 U.S. dollars, an increase of 2.37 percent compared to the previous year. They also earn over 200 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than 2.50 dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.

The federally mandated minimum wage in the United States is 7.25 U.S. dollars per hour, although the minimum wage varies from state to state. As of January 1, 2025, the District of Columbia had the highest minimum wage in the U.S., at 17.5 U.S. dollars per hour. This was followed by Washington, which had 16.66 U.S. dollars per hour as the state minimum wage. Minimum wage workers Minimum wage jobs are traditionally seen as “starter jobs” in the U.S., or first jobs for teenagers and young adults, and the number of people working minimum wage jobs has decreased from almost four million in 1979 to about 247,000 in 2020. However, the number of workers earning less than minimum wage in 2020 was significantly higher, at about 865,000. Minimum wage jobs Minimum wage jobs are primarily found in food preparation and serving occupations, as well as sales jobs (primarily in retail). Because the minimum wage has not kept up with inflation, nor has it been increased since 2009, it is becoming harder and harder live off of a minimum wage wage job, and for those workers to afford essential things like rent.

The statistic shows global gross domestic product (GDP) from 1985 to 2024, with projections up until 2030. In 2020, global GDP amounted to about 85.76 trillion U.S. dollars, two and a half trillion lower than in 2019. Gross domestic product Gross domestic product, also known as GDP, is the accumulated value of all finished goods and services produced in a country, often measured annually. GDP is significant in determining the economic health, growth and productivity in the country, and is a stat often used when comparing several countries at a time, most likely in order to determine which country has seen the most progress. Until 2020, Global GDP had experienced a growth every year since 2010. However, a strong growth rate does not necessarily lead to all positive outcomes and often has a negative effect on inflation rates. A severe growth in GDP leads to lower unemployment, however lower unemployment often leads to higher inflation rates due to demand increasing at a much higher rate than supply and as a result prices rise accordingly. In terms of unemployment, growth had been fairly stagnant since the economic downturn of 2007-2009, but it remains to be seen what the total impact of the coronavirus pandemic will be on total employment.

Average Hourly Earnings in the United States increased 0.30 percent in July of 2025 over the previous month. This dataset provides the latest reported value for - United States Average Hourly Earnings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In the first quarter of 2025, the average monthly salary for paid workers and employees was about *** million Vietnamese dong, indicating an increase from the previous quarter. The labor force reached about ** million people in that quarter.

In terms of revenue, Adecco was the clear leader in the U.S. staffing market. The company generated roughly **** billion U.S. dollars in 2022, five billion U.S. dollars more than their closest competitor in Manpower.The staffing industryThe staffing industry can be divided into two main categories – the provision of short-term staff to organizations and assisting organizations to source and recruit new permanent staff members. On average, short term workers are hired for around ten weeks, but this figure hides some important distinctions between contract and temporary staff. Contract workers are hired for a specific length of time (e.g. ***** or six months) with consistent conditions over this period, whereas temporary staff are generally recruited for only a few days or weeks and are paid by hour depending on the amount of work that is required each day. Size of the industryIn 2022, the market size of the staffing industry in the United States was *** billion U.S. dollars. This made the United Staes the largest single market for temporary staffing in the world. Despite the size of the market, the rate of temporary staff relative to permanent workers in the United States is much lower than in many other developed economies – less than half the rate of the United Kingdom. When the distribution of staffing and recruiting industry sales in the United States are broken down by category, ** percent of sales came from temporary and contract workers.