Market Insights

The total number of nonemployers grew an average of 2.7% annually between 2012 and 2023, while employers averaged only 1.1% growth year over year.

Payrolls expanded by just 73,000 last month, missing economists’ expectations and marking the smallest gain since the pandemic era.

They reported that medical office building sales volume was $1.52 billion for the quarter, the lowest level seen in more than nine years, based on data collected so far.

The latest Eagle Hill Consulting Employee Retention Index is continuing an upward trend, rising by 0.4 points to 102.9, signaling that workers will likely remain in their jobs over the next six months.

There’s been a shift in retirement planning, as plan sponsors are embracing proactive plan design strategies that cater to the diverse needs of a multi-generational workforce, including leveraging automatic features and investment defaults, according to JP Morgan's plan sponsor survey.

Employers can help with these financial concerns with more education and financial wellbeing programs, as Black Americans are more likely to look to their employers for help in their retirement planning, according to an Employee Benefit Research Institute survey.