24 Jul

When you hear some news outlets say, "the economy is fine" and "lots of jobs are being created," I can tell you that doesn't match what most people in the recruiting and staffing industry are experiencing. 

Hiring for "quality" and "good paying" jobs is not up. Almost everyone I talk to in the industry says hiring is soft and slow. More candidates call me for help looking for work right now than ever before.

With that said, I thought I'd show you this report and website just in case you've never seen it:
https://lnkd.in/gd-XXv6G

Here's a video to go along with it and a summary below:
https://lnkd.in/gFGdsua4

The unemployment rate is low, but many American jobs don't pay well or offer enough hours. Over the past 30 years, 63% of new jobs have been low quality, with fewer hours and lower pay. Since the 1960s, goods-producing jobs have declined from 42% to 17%, replaced by low-wage sectors like healthcare, retail, and hospitality. To better understand this, a new index called the Job Quality Index (JQI) was created. It tracks the quality of jobs, showing how many high and low-quality jobs are added or lost each month. This helps explain economic issues like income inequality and low productivity. For more details, visit jobqualityindex.com.

So beyond trying to prove a point that hiring is soft right now, why am I posting this?

Don't quit your job! In my opinion, now is not the time to be a "cocky" employee/job seeker. In fact, as I've stated in previous posts about how AI is affecting the workforce, I think there will be more layoffs and crazy skillset job transitions.

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