#job-market

#job-market

AI will replace millions of jobs by 2025, yet will create new jobs and increase productivity significantly.

Studies show AI can enhance productivity, speed, and quality of tasks, leading to a potential increase in global goods and services production by 7%. [ more ]

56% of managers consider it a "major red flag" if employees don't want to come into the office.

68% of managers prefer remote/hybrid work to continue, compared to 48% of employees. [ more ]

The U.S. economy added 303,000 jobs in March, exceeding estimates.

Job gains were notable in healthcare, government, and construction sectors. [ more ]

Having a strong portfolio with real-world case studies is crucial for standing out in a competitive job market.

Nick Singh emphasizes the importance of showcasing practical skills to prove that you can get the job done. [ more ]

Communication is the most in-demand job skill for the second year in a row, according to LinkedIn.

Soft skills, like effective communication, are still more valuable than AI skills, according to executives. [ more ]

AI literacy is essential for job seekers in 2024.

Being both an AI generalist and specialist is beneficial for job candidates. [ more ]

California is experiencing a widespread worker shortage across various sectors despite having nearly a million unemployed workers.

The pandemic and economic shutdown led to job loss, migration, and workers leaving the labor force, contributing to the current shortage. [ more ]

The DevOps job market is growing with high-demand positions and competitive salaries. [ more ]

DevOps.com is now providing a weekly DevOps jobs report to highlight job opportunities for DevOps professionals.

The pool of available DevOps talent is still relatively constrained, creating opportunities for other professionals when one takes on a new role. [ more ]

DevOps.com is providing a weekly DevOps jobs report to highlight opportunities for professionals in the field.

The job postings are selected based on the hiring company, industry segment, and pay scale being offered. [ more ]

Finding a remote job is becoming more competitive

The share of remote and hybrid job postings has decreased [ more ]

Federal Reserve officials are monitoring the job market and considering interest rate cuts. Despite a solid labor market, signs of moderation are being welcomed. [ more ]

The Federal Reserve is closely monitoring wage growth and job market indicators to determine future interest rate policies. [ more ]

Higher interest rates may have slowed job market growth in April. [ more ]

The U.S. economy added 175,000 jobs in April, below expectations and a decrease from March. [ more ]

The U.S. economy added 175,000 jobs in April, below economist forecasts. [ more ]

The Federal Reserve closely monitors the job market to determine future interest rate adjustments, with inflation and wage gains being key factors in decision-making. [ more ]

Higher interest rates didn't lead to increased unemployment as feared, with the job market remaining strong. [ more ]

Bidenomics under scrutiny as economy grows at sluggish 1.6% rate, with inflation on the rise. [ more ]

Austin is the fastest-growing city for tech talent in the U.S. [ more ]

Nearly half of US parents provide financial support to adult children.

Parents share concerns about adult children's financial dependency causing their own bleak financial outlook. [ more ]

London is the best-paid place in the UK in 2024 with the most job listings offering higher-than-average salaries.

Hampshire and Manchester also rank high in the UK for job listings with competitive salaries in sectors like defense, technology, creative, and digital industries. [ more ]

The Center for an Urban Future suggests NYC needs another private university due to economic shifts post-pandemic.

Expanding the pipeline of college graduates in NYC can boost economic progress and job retention in the city. [ more ]

Banning TikTok could lead to loss of jobs and revenue, centralizing power in other social media platforms.

Some lawmakers are concerned about potential violations of constitutional rights, while others prioritize national security over free speech. [ more ]

Staying competitive in project management is crucial in a market with high demand for project managers.

Learning and mastering high-paying, in-demand skills can help project managers increase their salaries significantly. [ more ]

Hiring based on specific requirements can still result in a large number of unqualified applications

Lying during the job application process is prevalent among both job applicants and hiring managers. [ more ]

Consider the full package of the job offer, including benefits, before making a decision or negotiating.

Research the company and its employees to determine the benefits that may be available before discussing them. [ more ]

Adaptability is the top skill to have in 2024, according to LinkedIn's analysis of its global users.

Soft skills, such as adaptability, are just as important as hard skills to hiring managers, and the demand for soft skills is expected to increase in the future. [ more ]

The job market is highly competitive, with an over-saturation of job seekers and limited positions available.

More than 70 percent of currently employed people are considering or actively pursuing a new job, contributing to the surplus of job seekers. [ more ]

American employers added 275,000 jobs in February, with the unemployment rate at 3.9% and inflation easing.

Despite concerns about the economy, the job market has shown resilience, with sustained low unemployment rates. [ more ]

February saw an addition of 275,000 jobs, with the unemployment rate rising to 3.9% but remaining below full employment levels.

The Federal Reserve is unlikely to consider rate cuts as necessary due to the continued job growth and concerns about inflation. [ more ]

Digital literacy is essential for graduates entering the job market.

Universities should integrate digital skills into curricula to prepare students for the modern workforce. [ more ]

Consider proactive research to identify suitable employers or clients for Scrum Master or Agile Coach positions.

Two important questions to ask are whether you want to work for a developing agile organization or if you want to identify an organization with established agile practices. [ more ]

The skills gap is the mismatch between the skills employers need and the skills job seekers possess.

The consequences of the skills gap include challenges in finding qualified candidates for open positions and difficulty securing employment or advancing in careers for individuals. [ more ]

Demand for workers is still extraordinarily strong

More people are joining the workforce [ more ]

January saw a blockbuster gain of 353,000 jobs, the most in a year.

Wage growth is strong, with average hourly earnings rising 0.6% last month. [ more ]

Assess your strengths, weaknesses, interests, and career aspirations to set SMART objectives for your job search.

Focus on companies with great cultures and networking opportunities, and create relationships to increase your chances of landing a job. [ more ]

Real estate jobs in Southern California have rebounded, with the hottest hiring spree in seven years.

The increase in real estate jobs is attributed to a construction boom and massive infrastructure projects. [ more ]

The labor market ended 2023 on a quiet note, with a slight decrease in open jobs and people quitting their jobs.

47% of respondents on LinkedIn are less optimistic about the labor market compared to a year ago. [ more ]

The skills needed for jobs have already changed by 25% over the past eight years, and this rate of change is expected to reach at least 65% by 2030. AI is accelerating the pace of change.

LinkedIn has identified the 25 fastest-growing roles in the US for 2024, including Chief Growth Officers, Government Program Analysts, and Environment Health Safety Managers. [ more ]

77% of hiring managers say AI is a beneficial resume skill for 2024.

Many employers believe AI is a skill even entry-level candidates should have. [ more ]

Building a strong personal brand is important for standing out in the job market, even for web developers.

Defining your personal brand involves discovering your unique value proposition, understanding your audience, and finding your place in the industry. [ more ]

UK wage growth has slowed down and the job market is cooling.

UK average regular earnings increased by 6.6% in the three months to November, the lowest rate since January 2021. [ more ]

Part-time work by choice is at its highest level since 2020.

Employees are demanding flexibility and work-life balance and reshaping the future of the workplace. [ more ]

39% of employers prefer to hire older job seekers over recent college graduates

Employers are willing to offer older job seekers more benefits and higher salaries [ more ]

Company salary increases in 2024 are expected to be around 4%, down from 4.4% in 2023.

These raises are still higher than the average 3% increases seen in prepandemic years. [ more ]

Total number of jobs in Canada remained unchanged in December

Unemployment rate held steady at 5.8% [ more ]

Almost every role will be affected by AI in some way, requiring individuals to learn new skills to leverage AI.

Understanding how to unlock the power of AI will be a crucial skill in the labor market of the future. [ more ]

Hiring in the healthcare industry remained strong in Illinois and across the US, despite the pandemic.

Federal Reserve officials predict a soft landing for inflation and a decrease in unemployment rate. [ more ]

Generative AI could potentially standardize prose in contemporary fiction, allowing human authors with unique styles to stand out.

AI technology like ChatGPT may put writers out of business, but there may be new jobs in editing and supervising machines. [ more ]