Ep 692: Labour Markets In Transition
Jack Kennedy, Senior Economist at Indeed, talks to Matt Alder.
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Show Notes
Understanding today's complex labor market requires accurate data rather than just following headlines or anecdotes. For businesses and talent professionals, having reliable insights into hiring trends, wage movements, and worker expectations is essential for making informed decisions in these uncertain times.
My guest this week is Jack Kennedy, Senior Economist at Indeed; drawing from Indeed's real-time analysis of millions of job postings, CVs, and marketplace behaviors, Indeed Hiring Lab's research provides a unique window into what's happening in the job market. We're focusing on the UK market in this conversation, but Jack does provide some broader global insights and highlights the many global commonalities when it comes to worker motivations, aging populations, and the impact of AI
In the interview, we discuss:
- The state of the UK labour market in early 2025
- How geopolitical issues are impacting hiring trends globally
- The surprising resilience of wages despite market cooling
- Primary motivators for job seekers in today's market
- The truth about remote and hybrid work trends versus media narratives
- How AI is already reshaping employment and creating new opportunities
- A growing focus on neurodiversity in job postings
- Preparing for demographic challenges and an aging workforce
- The Labour market outlook for the next 12-18 months
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