1、Q1 2026Labor Market&Wage Trends ReportQuarterly trends in labor demand,turnover,and wage growth from Payscale Peer.About this reportPayscales Labor Market&Wage Trends Report reveals trends in job demand,turnover,and wage growth by job family,industry,metro,and organizational size.All figures reflect
2、 data in Payscales Peer dataset from Q1 2026 compared to the previous year(YOY).An explanation for Peer can be found in the methodology at the end of this report.DefinitionsWage growthThe percentage increase in employee pay over a defined period of time.TurnoverThe percentage of employees who leave
3、an organization during a specific time period.Job familyA group of related roles that require similar skills,functions,or expertise across different levels.IndustryThe broad category of economic activity in which an organization operates.MetroA metropolitan geographic region that defines a local lab
4、or market around a major city.Organizational sizeThe scale of a company,typically measured by number of employees or revenue.How to use this report1Hiring&retention riskUse labor demand and turnover data to identify hiring and retention risks.2Compensation planningWage data helps with compensation p
5、lanning and 2Executive summaryIn Q1 2026,labor demand is surging most dramatically in healthcare support and skilled trades,with Kitchen Assistants in Health Care(up 1187%),Equipment Operators in Distribution,Logistics&Transportation(233%),and Telecommunications Technicians(129%)showing the largest
6、year-over-year increases in demand.Compensation trends reflect intensifying competition for technology and operational talent.Technology leads all industries in wage growth at 6.8%year over year.Wage growth also varies significantly by geography,with Las Vegas,Nevada emerging as the top metro at 5.1