PandoLogic Labor Insights Report Reveals What’s Changed in the Job Market, Identifies Key Indicators for 2023

Proprietary Research Offers Critical Recruitment Data Enabling Employers to Navigate Current Uncertainty

PandoLogic, a wholly owned subsidiary of Veritone, Inc. (NASDAQ: VERI) and a leading provider of artificial intelligence (AI) hiring solutions, today announced the availability of its latest Labor Markets Insights Report, which analyzes the second half of 2022 and proposes potential trajectories for 2023. Developed in conjunction with the Center for Business and Economic Analysis (CBEA) of the Donald J. Schneider School of Business and Economics at St. Norbert College, the report examines the labor market amid a period of persistent inflationary pressure and negative GDP growth as well as increased layoffs in certain sectors.    

PandoLogic’s latest research helps talent acquisition and HR professionals make sense of the changes experienced in the second half of 2022. The study takes a comprehensive look at the factors at play and how an economic slowdown may impact the overall cost of recruitment, including cost-per-click (CPC), conversion rate (CVR) and cost-per-applicant (CPA) metrics. 

Read the full release here