Happy And Succeeding In The Future Of Work
Our Weekly Roundup
Career-Impacting Workforce Trends To Watch Out For In 2023
The new year will ring in changes and the continuation of workplace trends from the prior year. There will be ongoing layoffs and hiring freezes, as the Federal Reserve Bank continues fighting inflation, hiking interest rates and causing businesses to cut costs and jobs. Quiet quitting will lead to quiet firing, as belt-tightening companies will no longer tolerate workers who don’t meet expectations. There will be a return to a retro business mindset, in which companies will see the worker-boss relationship as purely transactional. In response, workers will switch jobs to find better opportunities.
We Need To Question The Validity Of The U.S. Jobs Report
The United States economy added 223,000 jobs in December, the Department of Labor reported Friday. The U.S. unemployment rate fell from 3.7% to 3.5%. Notable job gains were noticed in the leisure and hospitality, healthcare, construction and social assistance sectors. Wages growth was around 4.6%. The participation rate, comprising the percentage of work-eligible Americans, rose as unemployment and underemployment dropped. The irony is that the Federal Reserve Bank needs to pump the brakes on wage growth to fight record-high levels of inflation, while also trying to avert a recession in 2023.
What To Watch Out For When Interviewing In 2023
Interviewing is not easy. You must remain vigilant as the hiring process is not always honest and transparent. You must be aware of misleading job advertisements, overpromises and questionable tactics used by companies to entice applicants to join their firm. Some businesses will purposely try to game the new salary disclosure laws or ghost you after 10 rounds of interviews over the course of three to six months. It wouldn’t be shocking if you receive a lowball offer and are pressured by a pushy recruiter to accept it, by being made to feel that you are lucky an offer was even extended.
Job Security And Pay That Keeps Up With Inflation Are The New, Cool Job Perks
The new year will call for you to focus on job security, finding companies that can provide assurances that they are not planning layoffs, and compensation that can keep up with inflation. You may want to go into the office up to five days a week to ensure that management notices you, as you’ll benefit from the proximity bias. The beginning of 2023 will be challenging for workers. Job hunters will need to play defense. With predictions of continued layoffs, hiring freezes and an upcoming recession, the job market outlook won’t be as robust as it was in the recent past.
How To Find A New Job In The New Year
Many people wait until the new year to search for a new job. Now that 2023 is here, you don’t have any excuses and need to get started on the job hunt. Searching for a new job takes time and energy. Think deeply about what you want to do next. You will need to do homework to see how hot or cold the job market is for your specific type of career. Update your rèsumè and LinkedIn profile, start speaking with people in your network to gather job leads, find headhunters that specialize in your space, create an elevator pitch and put together a daily action plan to achieve your goal.
LinkedIn Career Experts Offer Advice On How People Can Succeed In 2023
To gain insights into what people should do to find a new job or fast-track their careers, Forbes turned to smart, experienced LinkedIn career experts to gain their sage advice, guidance and suggestions. Their collective overarching themes include having a strategy; always committing yourself to learn and update your skills; networking; personal branding and storytelling; being organized and keeping track of the job-search process; finding a good recruiter; having a crystal-clear rèsumè and LinkedIn profile; leveraging your human touch to stand out amongst the growing artificial intelligence trend and taking care of your mental health and well-being.
The New Year Is The Right Time To Reinvent Your Work Self
It’s never too late to make a career change. After working in a profession for several years, people hit a wall. They feel burned out and exhausted, which causes them to lose their passion. There is a tough choice to make: do you keep going through the motions, hoping that things will improve, or is it time to pivot to something different and reinvent your career and rejuvenate your mood? Alternatively, fast-growing trends, like artificial intelligence, have disrupted your job, and now you’re forced to figure out the next play.
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Jack Kelly is available to discuss a broad range of topics, including, but not limited to: the job market, the state of recruiting, trending news stories and career advice. He has appeared on CNBC, MSNBC, NBC, FOX, CBS, BBC and NPR. Jack has been quoted in the the Wall Street Journal, Washington Post, Economist, INC., New York Post and more.
About Jack Kelly
Jack Kelly is the CEO, founder, and executive recruiter at one of the oldest and largest global search firms in his area of expertise. He has personally placed thousands of professionals with top-tier companies over the last 20-plus years. Jack is passionate about advocating for job seekers. In doing so, he founded a start-up company, WeCruitr, at the beginning of the Covid-19 pandemic. The mission of WeCruitr is to help people in need and make the job search more humane and enjoyable. As a proponent of career growth, Jack shares his insider interviewing tips and career advancement secrets as a Senior Contributor for Forbes. He also covers timely topics related to corporations, high-profile people, Wall Street, politics and other important matters. The pieces offer insight into the news and how it may impact your career. Jack is the author of Happy and Succeeding in Your Job Search, as well as the host of Happy And Succeeding In The Future Of Work and cohost of the Blind Ambition podcast.