Core Group Resources’ Post

If you're a discouraged job seeker, please don't take it personally when you read about lots of jobs being added to the economy and you're still not getting hired. For anyone who follows the job market reports, today's was a surprise. Despite economists' predictions of a decline, 272,000 jobs were added in various industries, including healthcare, government, leisure and hospitality, and professional services. At first glance, this appears to be good news, but what does it mean if you're job hunting or thinking about a change? Perhaps not much, depending on the industry and the career field you're interested in. ☑ Even though jobs were added in May, there was a 1.8 million year-over-year decline in job openings between April 2023 and April 2024. ☑ There appears to be a mismatch between the industries that are laying off workers and the industries that are hiring. Over 90,000 tech workers lost their jobs to layoffs in 2024 according to layoffs.fyi, but the industries hiring the most include healthcare, retail trade, and government. ☑ Compensation is also an issue. Vanguard reports that hiring for middle—and high-income workers has slowed while hiring for lower-paid workers continues to rise. ✅ The Job Hopper News explains what the surprisingly good job reports means to you. https://lnkd.in/eVmUwZX5 #jobsreport #jobs #jobsearch

Navigating the Competitive Job Market in 2024: Key Insights The job market remains challenging with over 9.8 million job openings but also stiff competition from 5.9 million job seekers. Here are some insights to help you stand out: 👩💼 Job Openings: Industries like healthcare, technology, and manufacturing show the highest demand. 📜 Resignation Rates: The quit rate has stabilized at 2.3%, indicating job seekers are cautiously optimistic. 📉 Layoff Trends: Layoffs remain steady, underscoring the importance of showcasing resilience and adaptability. Crafting a tailored resume, networking, and having a strong online presence are crucial to stand out in this competitive market. Sending hundreds of applications and not hearing anything back? Reach out for a free resume and LinkedIn consultation today to find out how you can get ahead of the competition! Follow my page for more career tips and opportunities. #resumewriting #optimize #jobseekers #workforce #recruiting #recruitment #resumeservices #linkedinoptimization #interviewprep #careersuccess #professionaldevelopment #careergrowth #follow https://lnkd.in/dSXp62P

A very insightful article on the current job market in 2024. If you're applying to hundreds of jobs without any results, consider reaching out to me directly for some assistance on how to stand out in this competitive job market.

These are some great data insights around the current job market as we close in on 2024. It's key to understand what industries have grown or slowed down. For recruitment professionals seeking diverse talent, layoffs at companies in the "slow down" sector could be great for sourcing. For anyone seeking a new opportunity, take a look at some of the companies within the "growth" sector. Aaron Terrazas writes "Growth in sectors that drove pandemic-era job gains like professional & business services, transportation & warehousing and information has slowed to below pre-pandemic levels. However, healthcare, education and government have picked up the slack, driving much of recent job gains at paces well above 2019 averages." #talentacquisition #recruitment #dataanalysis #searchsmarternotharder https://lnkd.in/gdgyQFRc

The unemployment rate increased slightly from 3.9% to 4.0% according to the latest jobs report, which also showed 272,000 jobs were added in May. As it relates to hiring, how is your organization positioning themselves in the upcoming months? I collaborate with many companies with a varying array of needs including short and long-term hiring. Let me know how I can be an ongoing resource for you.

The unemployment rate increased slightly from 3.9% to 4.0% according to the latest jobs report, which also showed 272,000 jobs were added in May. As it relates to hiring, how is your organization positioning themselves in the upcoming months? I collaborate with many companies with a varying array of needs including short and long-term hiring. Let me know how I can be an ongoing resource for you.

The unemployment rate increased slightly from 3.9% to 4.0% according to the latest jobs report, which also showed 272,000 jobs were added in May. As it relates to hiring, how is your organization positioning themselves in the upcoming months? I collaborate with many companies with a varying array of needs including short and long-term hiring. Let me know how I can be an ongoing resource for you.

📈 142K jobs added to the U.S. economy in August. Slower than expected, but up from July. 💼 The unemployment rate decreased slightly to 4.2%. And the number of unemployed people changed little to 7.1 million. ⬆️ Top job gains occurred in construction and health care. 📺 Watch for more insights into the current job market for job seekers and hiring managers. Looking to add #TopTalent across your organization? DM me to kick-off a Contract/ Contract-to-hire, or Direct/ Permanent Hire Search today! #BLS #JobsReport #RobertHalf #workhappy

The unemployment rate increased slightly from 3.9% to 4.0% according to the latest jobs report, which also showed 272,000 jobs were added in May. As it relates to hiring, how is your organization positioning themselves in the upcoming months? I collaborate with many companies with a varying array of needs including short and long-term hiring. Let me know how I can be an ongoing resource for you.

The July Jobs Report is Here! July's jobs report shows U.S. businesses added only 114,000 new jobs, far below the projected 175,000, with unemployment rising to 4.3%. Only a few sectors, like healthcare and construction, are showing significant gains. Wage growth has slowed to 3.6%, the lowest since 2021. Why Are Employers Still Struggling to Find Talent? Despite the slowdown in job growth, many business leaders are still struggling to find the right people. One key reason is that there are still more open jobs than available workers. Additionally, the available candidates may not possess the specific skills or experience needed for your unique needs. Contact us to find the talent that meets your specific requirements, not just those who are actively job-seeking. https://ow.ly/3oHO50SShzL #Unemployment #JulyJobsReport #WageGrowth #JobMarket #HiringChallenges