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December 27th.

I'm J.R. Whelan for the Wall Street Journal.

The red-hot labor market cooled off a bit in 2023. Employers slowed the pace of hiring,

raises got smaller, and job openings fell to a 28-year low.

But what can you expect in 2024 if you're looking for a job or a raise?

Companies are going to look at people who are a proven commodity working for them already

and they're going to give wage increases. But when you're hiring people from the outside

what used to be two three years ago 15 20 30 percent increases that's not going to happen

anymore and more companies are expected to make use of AI.

If you have a job that involves something that an AI can do more efficiently or more quickly

and doesn't involve human interaction, your head's going to be on the chopping plot.

We'll talk to LaSalle Network Staffing Firm founder and CEO Tom Gimble and NYU Professor Tessa West.

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