What if we're all fu*^$%

Will the job market ever bounce back? | Intel lays off thousands | Late 2024 hiring spree? | New AI personal CRM

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What if we're all fu*^$%

That is the question: What if the market doesn’t bounce back? The latest June 2024 JOLTS report paints a challenging picture, with job openings holding steady but hiring and quits rates trending down. This stagnation signals a need for job seekers to brace for a prolonged period of instability. How do we thrive in a market that might not rebound as quickly as we hope?

The career pathway you choose really only has 3 main directions you can pursue. ⬆️ Up, ⬇️ down, and ⬅️ left/right ➡️ (is that the Contra God-mode cheat code? 🤦‍♀️).

⬆️ Up - Enhancing your skillz for upward mobility

This entails enrolling in online courses and obtain certifications in high-demand areas like:

  • AI (obvi)

  • Data science (we’ll see if AI devours this field, or simply enhances it)

  • Cybersecurity (the threats loom large)

  • Project management (robots need a roadmap too)

⬇️ Down - Doubling down on where you’re at

If you like what you’re doing, but aren’t landing the role, you’re gonna have to:

  • Expand the network (cliché but the person you open the door for at the grocery store could open the door for you at OpenAI)

  • Become an ATSEO - maybe I just made that up, but the truth still stands. Treat your resume like a keyword gold mine for the ATS robots who are looking for the shiniest nugs

  • Quick doing it on your own - work with local hiring agencies and outsource the BS to them

⬅️ Left / Right ➡️ - GTFO and forge a new path

This one is trending HARD. Tech professionals are leaving Big Tech in droves. But where are they going?

  • Partnering with other laid of techies and starting their own businesses (with AI people are spinning up GPT wrappers in a weekend making $20K/mo. Just sayin’)

  • Alternate industries that are less affected by this downturn where they can leverage their tech skill equity (government, education, healthcare)

  • Forest bathing and completely unplugging their brains

It’s a great mental exercise to walk through these three different directions at a very high level in order to set your compass. Putting your head down and droning on without direction is a sure way to stay in a rut. The time and tech is ripe to empower every single job seeker to forge a path that works for them.

Over Half of U.S. Companies Plan to Hire in Late 2024, Survey Reveals

According to a recent Robert Half survey, more than half of U.S. companies plan to hire new tech talent in the second half of 2024. Despite a slight decrease in tech-specific hiring, opportunities remain robust, with firms offering flexible work options and higher starting salaries to attract top candidates.

Hiring Trends for Second Half of 2024:

  • Permanent Roles: 52% of companies plan to add new permanent positions.

  • Contract Workers: 57% expect to hire more contract professionals.

  • Tech Sector: A notable 58% of companies are looking to hire for technology roles, though this is a decrease from 69% in the first half.

Key Hiring Challenges:

  • Skills Gap: 48% of employers struggle to find candidates with the required skills.

  • Salary Expectations: 48% find it challenging to meet candidates’ salary expectations.

Attractive Offers:

  • Flexible Work: 41% offer hybrid work and windowed work hours.

  • Higher Starting Salaries: 38% are increasing starting salaries to attract top talent.

table - Think personal CRM but AI first

Never forget who you've met. Grow and maintain your network effortlessly with AI. Because your network is your net worth.

Other Jobseeker Tools:

  • PDF.ai - Chat with any PDF document

  • Prospect - Find startups worth betting your career on

  • Reforge - Online courses taught by tech experts

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