The United States is starting to experience events that may cause the job market to slow down. After Covid-19 restrictions were lifted and the economy reopened, the job market became hot. Businesses couldn’t find enough talent to meet their needs. If you were searching for a new job, you had an abundance of choices. Sadly, the good times don’t last forever.
Tough Times Call For Smart And Empathetic Leaders
During tough times, leaders need to step up. Your boss can make all the difference. When circumstances look dire, you want to be working for someone confident, who remains positive in the face of adversity, is empathetic to your concerns and has a game plan to navigate through treacherous waters.
Tech Giants Lost More Than $1 Trillion In Value In The Last Three Trading Days
The world’s largest technology companies have shed over $1 trillion in value in just three trading sessions. Stocks at large have sold off since the Federal Reserve raised its benchmark interest rate on Wednesday, but technology has endured more pain than other sectors of the economy.
40% Of Bitcoin Investors Are Now Underwater
Bitcoin is off nearly 55% from its November peak, and 40% of holders are now underwater on their investments, according to new data from Glassnode. That percentage is even higher when you isolate for the short-term holders who got skin in the game in the last six months when the price of bitcoin peaked at around $69,000.
Elon Musk Says “Expectations” Of Twitter Employees Will Be “Extreme” Following Takeover
Elon Musk took to Twitter on Friday to offer a sense of his vision for the social media platform, after the acquisition goes through, also offering a sense of what its employees can expect, with regard to work life under his leadership.
Amazon Fires Two Employees Tied To Staten Island Union Effort
Amazon has fired two employees tied to an organizing campaign that resulted in the company’s first unionized warehouse in the U.S. Mat Cusick and Tristan Dutchin told CNBC they were fired by Amazon in recent days. Both Cusick and Dutchin have been working with the Amazon Labor Union, an upstart group led by current and former company employees, to organize workers at the e-commerce giant’s warehouses on New York’s Staten Island.
Airbnb CEO Brian Chesky, Who Recently Announced That Employees Could Work From Home Forever, Calls The Office An ‘Anachronistic Form’ And ‘From A Pre-Digital Age’
For Brian Chesky, Airbnb’s CEO, working at the office is now a relic of the past. In an interview for Time’s The Leadership Brief published on Sunday, Chesky said he believed the office was “an anachronistic form” that was “from a pre-digital age.” His comments came after Airbnb announced that it would let employees work remotely forever with no pay cut, citing the ability to widen its talent pool and adding that the company had its most productive two-year period ever while working remotely.
Millennials And Gen-Z Are ‘Changing Workplace Taboos’ On Pay Transparency
There are certain topics you just don’t bring up at work. Discussions of religion, politics, and your burning hatred for your boss are all things that are better left out of meetings and off your company’s Slack channels.
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 How To Get A Job In Tough Times, as well as the host of Happy And Succeeding In The Future Of Work and cohost of the Blind Ambition podcast.