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Share to Twitter Share to Linkedin More workers are finding themselves out of a job (or becoming worried they might soon be) as a string of high-profile companies , mostly startups and in tech, have moved to freeze hiring or even to slash workers and rescind job offers. New unemployment claims edged up to an eight-month high last week . Initial unemployment claims increased by 7,000 to 251,000 in the week ending July 16, making the four-week moving average rise by 4,500 to 240,500, according to the Department of Labor. Those numbers are still a marked improvement from last July, when the four-week average of unemployment claims hit more than 405,000. And the actual unemployment rate in June (the last month reported) is still a rock bottom 3.6% . Still, fears of an impending recession have made nearly 80% of Americans worried about their job security, with almost a quarter of workers extremely concerned about their job security, a recent survey … [Read more...] about Worried About Layoffs? 5 Tips For Job Seekers (And Job Seekers-To-Be) In A Slowing Economy

Share to Twitter Share to Linkedin An ancient Latin proverb applies to most any pursuit in life: “If the wind will not serve, take to the oars.” That timeless counsel seems especially pertinent for anyone searching for employment. Doubly so in a volatile job market. Some experts predict that, by 2025, people in their 30s will comprise the majority of the world’s workforce. Most of those people are still navigating the early stages of their careers. They’re facing the challenge of establishing their own personal “brands” and standing out in a crowded pool of applicants. Unfortunately, many of the applicants in that pool are ill-prepared for launching—not to mention advancing—their careers. Mark Zides can help. As founder and chief executive of CoreAxis Consulting , an award-winning talent management firm, he teaches young adults the skills they need to climb the ladder of career success. His new book is The #PACE Process for Early Career … [Read more...] about Helpful Tips For Your Job Hunting Journey

Share to Twitter Share to Linkedin When companies create a job posting, they hope to attract the best talent. However, sometimes it backfires. For example, if a job listing uses misleading language or overly lengthy descriptions, it could end up repelling highly qualified candidates. Recently, the Paychex team surveyed Americans who have looked for a job within the past year. As a result, job seekers across the country shared their current standards for evaluating an open position and what constitutes a potential warning sign. Let’s look at what respondents considered to be the top ten job posting red flags and how they impact the application process . 1. No salary range specified Compensation is one of the most important aspects of a job—especially now. So, it's unsurprising that not including a salary range was the top red flag for job seekers (65%). For many candidates, omitting that information implies that perhaps the salary range is low. Not … [Read more...] about 10 Job Posting Red Flags To Watch For

Share to Twitter Share to Linkedin Memo to job-seekers: The United States’ clean energy industry is hiring, faster than the overall national economy, and it’s paying above-average wages. The 2022 U.S. Energy and Employment Report (USEER), released by the U.S. Department of Energy, details dramatic growth across every major clean energy occupation – especially in the electric vehicle industry. Meanwhile most of the fossil fuel industry continued losing jobs, even as the economy roared back from its COVID-induced downturn. Overall energy sector jobs rose 4% in 2021, adding more than 300,000 jobs to reach more than 7.8 million total energy-related jobs. U.S. energy sector job growth outpaced overall U.S. jobs growth, which rose 2.8% in 2021. Nearly 3.1 million of the total energy sector jobs are in net-zero aligned industries, composing 41% of total energy jobs. Net-zero aligned jobs are related to renewable energy, grid technologies, transmission and … [Read more...] about Clean Energy Jobs Are Booming, Making Up For Rising Fossil Fuel Unemployment

Share to Twitter Share to Linkedin Faced with too many job openings and not enough people to fill them, employers find it difficult to recruit top talent. According to the Bureau of Labor Statistics , there were nearly 11 million job openings at the end of 2021, but only 6.3 million unemployed people. However, that doesn’t mean it’s easy to find a well-paying job with the perks and flexibility you crave. As companies hire more remote employees, they realize that they can recruit international workers, making competition stiff. And if you’re trying to make a career pivot, you may also be competing against more qualified candidates. That’s why it’s still important to make your job application stand out in a global marketplace. Here are some ways to do just that. Do your homework One thing you must do is learn as much as you can about the company. Some research methods include reviewing the company website to understand its mission, values, products and … [Read more...] about How To Make Your Job Application Stand Out

The Employers’ Confederation of Thai Trade and Industry released a new report analysing job applications on JobThai.com this past month revealing some interesting statistics about what jobs people want and where. Young job applicants – and there are around 490,000 to 510,000 of them who recently graduated and now entering the workforce – are eschewing the glitz and glamour of tourism work and opting for the stability of administrative and office jobs instead. The analysis looked at applications from 2 million job hunters on the popular employment website and found that 29.7% of people applied for administrative work, compared to just 3.63% who were interested in tourism jobs. Factory work was second most popular and jobs like accounting, technicians, logistics and engineering ranked highly as well. Most sought-after jobs 29.70% administrative work 16.00% factory work 10.10% accounting 10.10% technicians 9.85% shipping, import and export 9.59% engineering … [Read more...] about Half a million young people seeking jobs prefer admin to tourism

Share to Twitter Share to Linkedin How many times have you gone on a job interview, thought you nailed it and never heard back? It feels like this is a regular occurrence—lack of constructive feedback and getting ghosted. Well, you are not alone. It has become the new standard. Here’s why you aren’t moving on to the next round of interviews or being offered the job. Why You Don’t Move Forward In The Interview Process Corporate management can’t be honest. They need to keep up appearances. The CEO and executives think they have to be in command of all the events at their firm. The top brass doesn’t want to admit problems, as they’re concerned about adverse publicity. This is one of the reasons why you don’t gain traction during the hiring process: the company may have a stealth hiring freeze policy. The firm doesn’t want to publicly announce this, as the media will pick it up and there will be the assumption that something is wrong at the company. … [Read more...] about The Surprising Reasons Why You Didn’t Get The Job

Share to Twitter Share to Linkedin One of the reasons people hate looking for a job is that they feel uncomfortable talking about themselves. To many, the whole job search process feels too “salesy.” But, of course, that's exactly what it is. You are selling a product, and the product is you. Yet it doesn't have to be awkward. With practice, highlighting your skills and accomplishments will feel much more natural. No matter where you are in the hiring process, some strategies will help you stand out in a crowd. Let’s look at five simple ways to jumpstart your job search. Conduct thorough research Start the job search by doing your homework before you speak to the employer. Recruiters and hiring managers appreciate applicants who prepare and understand the organization’s pain points. The first thing you should do is visit their website. You'll have access to valuable information, including the company’s history, mission, press releases and background … [Read more...] about How To Stand Out To Employers During Your Job Search

Share to Twitter Share to Linkedin Lately you may be feeling uncertain about your job, your career or your future. News about the economy and companies who are laying people off or cancelling job openings are concerning, for sure. In addition, it’s tough to ignore all the press about everything from world conflicts and political polarization to weather catastrophes. You want to stay positive and engaged, but it’s tough. In fact, engagement is one of the best ways to shore up your job security and increase your value to your employer—and it just feels better as well. If you’re downhearted, you’re probably de-energized. And if you’re stressed, you’re probably also feeling fatigue and losing sleep. Engagement can counter these experiences. In addition, engaged employees are more secure. Your company will want to keep you around, or a new organization will want to hire you when you’re enthusiastic, energized and committed to great performance. High … [Read more...] about Engagement Is The Best Job Security: 5 Ways To Re-Engage When Things Are Going Downhill

(File image: Reuters) Wall Street stocks headed lower, Treasury yields rose and the dollar rallied after the U.S. July employment report blasted past expectations, raising the odds of continued monetary tightening from the Federal Reserve. All three major U.S. stock indexes were red, while benchmark U.S. Treasury yields and oil prices headed higher as the stronger-than-expected payrolls data appeared to confirm the economy is not yet in recession. That increased the odds of further rate increases at the Fed's next meeting in September. Even so, the S&P 500 and the Nasdaq remained on course to notch their third consecutive weekly gains. The Labor Department's employment report showed the U.S. economy added 528,000 jobs in July, more than double the 250,000 expected, while wage inflation remained hot and the participation rate edged lower. "This is very hot employment data," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. "It … [Read more...] about US stocks slip, Treasury yields rise and dollar sprints after strong jobs data