Happy And Succeeding In The Future Of Work
How Many Of Your Co-Workers Are Showing Signs Of Ghost Quitting?
Steadily and stealthily over the past several months, many of your colleagues have been “ghost quitting,” which means they aren’t leaving their jobs, but they’re mentally checking out. Some of these workplace specters are unhappy and would love for nothing more than to quit outright, but they may be afraid of the attendant risks. In today’s environment, it may be safer to stay put, wait and see how things go, and quietly bide your time until things turn around.
The Great Unrest: How 2020 Changed The Economy In Ways We Can’t Understand Yet
In an earnings call this week, Yum Brands CEO David Gibbs expressed the confusion many people are feeling as they try to figure out what’s going on with the U.S. economy right now: “This is truly one of the most complex environments we’ve ever seen in our industry to operate in. Because we’re not just dealing with economic issues like inflation and lapping stimulus and things like that. But also the social issues of people returning to mobility after lockdown, working from home and just the change in consumer patterns.”
Weekly Jobless Claims Rise To 260,000 Ahead Of Nonfarm Payrolls Report
Initial claims for unemployment insurance totaled 260,000 last week, near the highest level since November amid a shift in the U.S. labor market. The total for the week ended July 30 was in line with the Dow Jones estimate but a gain of 6,000 from the previous week’s downwardly revised level, the Labor Department reported Thursday. In other economic news, the U.S. trade deficit in goods and services decreased to $79.6 billion in June, down $5.3 billion and slightly lower than the estimate for $80 billion.
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Job Cuts And Smaller Bonuses Loom For Wall Street Amid Collapse In IPOs And Stock Issuance
Investment bankers hit with a collapse in equity and debt issuance this year are in line for bonuses that are up to 50% smaller than 2021 — and they are the lucky ones. Pay cuts are expected across wide swaths of the financial industry as bonus season approaches, according to a report released Thursday by compensation consultancy Johnson Associates.
Mass Layoffs And Hiring Freezes: Tech Workers Report Huge Drops In Confidence In Job Security
Just 9% of tech workers are feeling confident in their job security, according to a June survey from Blind, the anonymous professional networking site. No doubt, job-market fears are being fueled by months of headlines about hiring freezes, job offers being rescinded and mass layoffs from burgeoning upstarts and tech giants alike, including Robinhood and Oracle just this week.
8 Ways to Foster Employee Happiness
When it comes to the workplace, happiness is key. Studies have shown that happy employees are more productive and efficient. That’s why employers need to do what they can to create a positive work environment. But what does employee happiness mean, exactly? Here are a few tips for contributing to employee happiness in the workplace.
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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.