OffboardGPT Just Got A Lot More Helpful

In this week’s newsletter:

• 🦾 OffboardGPT Now Equipped with GPT-4

• 📉 Data & Trends - U.S. Layoffs Take a Nosedive

• 📈 Notable Headlines - High-Growth Jobs in 2023, Businesses Cutting Workers’ Hours, & more

• 🛠️ Job Seeker Tools - Unschooler, Prodigy AI, & more

🦾 OffboardGPT Now Equipped with GPT-4

Offboard’s Career Companion that we’ve dubbed OffboardGPT (super clever), is now powered by GPT-4 instead of 3.5.

To give some perspective, GPT-4 is 10x more advanced and can provide significantly more creative and complex answers up to 32K tokens (potentially up to 40 pages worth of information). Currently, to use GPT-4 on ChatGPT, it’ll cost you $20/mo. Other platforms like Perplexity.ai or Bing Search (you’ll have to download their browser) allow for free, limited use of GPT-4.

For the time being, OffboardGPT will be free to use and as a career guide, here are a few things that it can offer:

• Career Assessment: It can help you understand your skills, interests, and values to guide you towards a career that suits you.

• Job Market Analysis: It'll provide insights into job market trends and growth industries based on current research.

• Resume and Cover Letter Reviews: It'll critique and offer improvements for your resume and cover letter to make sure they effectively showcase your skills and experiences.

• Interview Preparation: From conducting mock interviews to providing tips and tricks, it'll make sure you're ready to ace any job interview.

• Networking Strategies: It'll help you develop a game plan for connecting with professionals in your desired industry.

• Job Search Techniques: It'll show you the most effective ways to find job opportunities, both online and offline.

• Career Development and Progression: It'll guide you through setting achievable career goals and developing a plan to reach them.

• Emotional Support: Job searching can be stressful. It’s here to provide support and encouragement, reminding you to stay positive and motivated.

📉 U.S. Layoffs Take a Nosedive!

The May JOLTS report was released last Friday. Here are the key points you need to know:

• Layoffs in the U.S. plummeted nearly 50% from May to June, hitting a seven-month low. 📉

• 40,700 employees faced layoffs in June, which was a significant drop from nearly 80,100 in May. 🎈

• Despite this, job cuts are still up 25% from a year ago, so employers are keeping a close eye on their teams. 👀

• Major layoffs were conducted by 16 U.S. companies in June, including KPMG, Ford, and Grubhub. 🏢

• But don't sweat it! The drop in layoffs is typical for the start of summer and could also be due to the Fed's decision to keep interest rates steady. 🏖️

The JOLTS (Job Openings and Labor Turnover Survey) report is a survey done by the US Bureau of Labor Statistics each month to help measure job vacancies. It collects data from employers about their businesses' employment, job openings, recruitment, hires and separations.

JOLTS defines Job Openings as all positions that are open (not filled) on the last business day of the month. A job is "open" only if it meets all three of the following conditions:

1. A specific position exists and there is work available for that position.

2. The job could start within 30 days, whether or not the establishment finds a suitable candidate during that time.

3. There is active recruiting for workers from outside the establishment location that has the opening.

A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.

📈 Notable Headlines:

• Which Tech Jobs Will See Growth in 2023? - Dice.com

• The era of tech layoffs is evolving in an interesting way - TechCrunch

• Businesses are cutting workers’ hours in a warning sign for the economy - The Washington Post

🎧 Listen While You Read

🛠️ Job Seeker Tools

Unschooler

unschooler.me

If you’re looking to upskill, you might as well let AI help you along. Unschooler provides personalized AI Courses with videos, quizzes, and challenges based on prompts that you provide.

Prodigy AI

app.prodi.gg/coach

Nothing like some healthy competition. Tell HAL what you're looking for and get personalized career advice sent directly to your inbox. HAL is a GPT-enabled career coach that allows you to provide various inputs. Hey, whatever gets you job, we are all for!

WARN Tracker

www.warntracker.com

A WARN (Worker Adjustment and Retraining Notification) notice is a notice required by the federal WARN Act in the United States, which mandates that employers with 100 or more employees provide at least 60 days advance written notice of a plant closing or mass layoff affecting 50 or more employees.

WARNtracker tracks these and conveniently displays them in a database. They have also recently launched a new job board with 16,000+ jobs from over 300 companies!