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Recently (once again) many of us, directly or indirectly have been touched by layoffs news. Even though at a personal level it might feel very disorientating and overwhelming, the reality is that organisations are like living organisms needing to reorganise and rethink how they do things over time. In fact, it’s very likely that 40% of us will experience redundancy at least once in our working lives (https://lnkd.in/exnDa5Qm) This time of uncertainty invites us to re-evaluate and re-imagine career choices so that they are all deeply rooted in what serves our aspirations, needs and market reality. Join the next Career Design Circle focused on Career Resilience this Friday, 22nd of September. RSVP here: https://lnkd.in/e9eAJ4zS During a 60 min live online session we are going to explore how to diversify career choices, develop your competitive edge, and build a career community in pursuit of more resilient careers. #CareerDevelopment #CareerDesignCircle #CareerResilience #CareerTransitions #WorkLifeDesign
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Feeling stagnant in your tech role? Every tech professional wants: — Better pay — Meaningful work — Leaders they respect — Company they admire Yet, the path to: — Bigger salaries — Work that matters — Leading bigger teams — Joining top-tier companies ... often feels like decoding a complex algorithm. However, remember this: You have a valid career story that's worth progressing. We just need to pull YOUR story out of you. That's what our Career Audits are for. Even greater, your story is the very thing we leverage to help you land $200K - $500K roles at companies you like and doing jobs you love. Message me if you're ready to chat 😊
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Another month, another post covering the most recent US JOLTS figures, freshly published today. Our North American Lead Greg McGinnigle commented: On the last business day of August, the rate and the number of job openings increased, indicating that after a relatively slow summer, we're starting to see some increase in confidence and urgency in the hiring market. Professional and business services showed the most significant hiring growth, followed by finance and insurance. However, the number and rate of hires displayed little change across all industries in August, so we're yet to see a real pick up in actual hiring volumes. There was little change in the number of quits and layoffs, which would suggest that labor markets remain tight. REPORT FINDINGS 📢 Job openings at the end of August increased to 9.6 million, while the number of hires showed little movement across all industries and the rate of hires remained unchanged at 3.7%. The number of quits (aka voluntary separations) changed little in August, although finance and insurance displayed a small increase (+88,000) while there was a decrease in IT (-30,000). #hiring #jobopenings #jobmarkettrends
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August JOLTS Figures published today. In short, an increase in jobs openings was observed, but actual hiring remains relatively unchanged. We've certainly observed a pick up in hiring activity on our side these past few weeks, so will be interesting to see if this is reflected in next months figures.
Another month, another post covering the most recent US JOLTS figures, freshly published today. Our North American Lead Greg McGinnigle commented: On the last business day of August, the rate and the number of job openings increased, indicating that after a relatively slow summer, we're starting to see some increase in confidence and urgency in the hiring market. Professional and business services showed the most significant hiring growth, followed by finance and insurance. However, the number and rate of hires displayed little change across all industries in August, so we're yet to see a real pick up in actual hiring volumes. There was little change in the number of quits and layoffs, which would suggest that labor markets remain tight. REPORT FINDINGS 📢 Job openings at the end of August increased to 9.6 million, while the number of hires showed little movement across all industries and the rate of hires remained unchanged at 3.7%. The number of quits (aka voluntary separations) changed little in August, although finance and insurance displayed a small increase (+88,000) while there was a decrease in IT (-30,000). #hiring #jobopenings #jobmarkettrends
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The tech job market is starting is rebound in Chicago in 2024, though is not projected to keep up with national trends. Learn more here.
Chicago tech jobs expected to bounce back after 2023 layoffs
bizjournals.com
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Dear Junior in college, You're a little over a year away from graduating. You may be thinking, "Should I go to grad school?". Or "I wonder what the job market will be like in 2025". Grad school? It might make sense for you. A lot of students are choosing a graduate degree. As for the job market? It's rough out there. 52% of graduates 1-year out of school are underemployed. They're either working a job that doesn't require a degree. Or they are working in a field that wasn't their degree. At least they have a job. Many don't right now. Layoffs are still happening every day. Companies continue cutting back on staff. When I graduated 20 yrs ago, a degree was enough. Companies were gobbling up graduates. Not any more. The good news is that you can tip the odds in your favor. Your odds of landing a job the day after you walk across that graduation stage. But it takes work. It means you need to push beyond your degree. People my age (in their 40s) want to help the next generation. We are thrilled when a college students reaches out to us. To learn, ask questions, and get advice. It's refreshing. Reach out to a professional in your field of interest. Reach out to a small biz owner to ask questions. It's scary, but in this environment, you need to. Also, read as much as you can about A.I. Even if you don't think it affects you. It will. Might as well understand it. After reading this, just know that it will be ok. You first job will not be your forever job. Keep learning and the earning will come.
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Become The CEO of Your Career | Recruiting Insider | Teaching How To Get Hired Fast | 300k Career Advice YouTuber | Resume, LinkedIn & Interview Courses
The traditional career is dead. Gone are the days of working your entire career for a single company. Because loyalty is at an all-time low, layoffs are high, And you're lucky if you ever see your 3rd work anniversary. So it's no wonder people are disenfranchised with their careers. - We've been taught to be dedicated. - Yet it's only gotten us passed by for promotion. - We've been taught to work harder. - Yet it's only gotten us more work. - We've been taught to pay our dues. - Yet it's only gotten us passed by for promotion. - We've been taught to be loyal. - Yet it's only gotten us a pink slip. Maybe it's time to start putting ourselves first for a change. And use the employment arrangement to our advantage. We tried the traditional path of getting ahead, and it didn't work. Now we'll try a different way. ____________________________________________ PS: I'm pleased to announce I've launched a course I've been working on for months! The Ultimate Career Blueprint was created to give career-minded people a clear roadmap on how to finally achieve their goals, despite how crappy the job market has become. This goes way beyond just getting a job. It will finally give you a simple, but powerful strategy to follow to move up the ladder in your career. You can learn more here: https://lnkd.in/eZ_6hknu
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The tech job market is starting is rebound in Chicago in 2024, though is not projected to keep up with national trends. Learn more here.
Chicago tech jobs expected to bounce back after 2023 layoffs
bizjournals.com
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2024 has been a tough year for layoffs so far, with companies like Google, Tesla, Amazon, Disney, IBM and Boeing all making tough decisions to downsize staff. Although these companies are foreign based, we know that the Trinidad & Tobago market has also undergone its fair share of job cuts and redundancies. This series of financial tips is intended to: - help you weather unexpected job losses, or - prepare you for exiting salaried employment whilst you start your own business. Stay tuned for helpful advice on budgeting, saving, and more! 💪 #financialtips #layoffs #entrepreneurship #financialplanning #futureplanning #EQ
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The race: A marathon or a sprint? Closing days of a very rough year in tech I've taken a few minutes to reflect on a long career in recruiting and the conversations I've had this year. Tough conversations. Companies: Hire fast & hard hire the best with X cert hire the best with experience at X company fill those hiring numbers before we lose them. Bums in seats. I get it - time is money and opportunity. You are competing for talent, even in a tough hiring market. But what of the fallout when things go wrong? Layoffs - everywhere. Bad press. Tanking stocks. Employees: Chase that cert. Start looking for your next role (or company) 3 months into your new job. Volunteer to be part of every project, every initiative. Spread yourself thin. Chase that title. Chase the money. Ambition & enthusiasm trumps functional & and technical competence and experience in delivering results. I get it - Loyalty isn't what it used to be. Promises and cool working environments don't pay the bills. If you aren't advancing...you're falling behind. If late 2022 and all of 2023 have taught this old recruiter anything from the hundreds of client and candidate conversations I've had this year is that somewhere in between the layoff news, the promises of jobs, a move across the country followed swiftly by a round of layoffs in new hires first week is that speed alone in the hiring frenzy backfires... hard. Moving over and over from job to job barely spending a year at each firm but collecting a very shallow amount of experience at each backfires just as much. And as individuals, you can't rely on deep pockets of investors when the monthly mortgage and bills come due. Chart your course, set your pace, and remember, the right direction trumps speed every time. Have - a - career - plan. Have - a - hiring - plan. 🔥 Your Thoughts? How has focusing on direction over speed changed your career journey? 👇 Share your stories below! #CareerJourney #MindfulCareerMoves #StrategicGrowth #recruiting 🌟 Let's connect! For more insights and guidance on career paths and talent acquisition, follow me for regular updates.
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