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Finding Job Safety Amidst National Chaos

Find your stable job | Upskill in AI for free | Salesforce with large layoff | Labor market stabilizing?

July 18, 2024

In partnership with

👋 Welcome, Jobseekers

  • 📊Poll: What type of Slack channels would you find most beneficial?

  • 📉 Layoff Report: Salesforce, Spotify, TikTok

  • 🧑‍🎓Upskill: Upskill in AI with GrowthSchool - Free course on AI tools & hacks ($399 value)

  • 🔧Jobseeker Tools: Cody, Letterfy, KickResume, Copilot.Money

  • 🧑‍✈️ Career CoPilot: Finding Job Safety Amidst National Chaos

  • 📈Trends & Data: Labor Market Has Found a Wage Groove

Last Week’s Poll Results:

Q: Would a Slack Community focused on job support and networking be beneficial to you?

With 83% of the votes finding that a Slack Community focused on job support and networking would be beneficial to you is amazing to hear. And it makes sense! After a layoff, there’s nothing more comforting than the warm embrace of a live community that understands what you’re going through.

What type of Slack channels would you find most beneficial?

Login or Subscribe to participate in polls.

Source: layoffs.fyi

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Finding Job Safety Amidst National Chaos

The U.S. has reached Real Housewives-level of crazy, especially with the assassination attempt on Trump at a rally in Pennsylvania this last week.

The country is divided as is typical of an election year, but AI-driven voice clones, deep fakes, and bot-filled timelines have us all truly second-guessing our reality. Is this a simulation?

On top of that, we’re seeing heated debates about everything from the economy and healthcare to social justice issues. It feels like the country’s trying to figure itself out, and it makes finding a stable job even more important right now.

Where are these ‘stable’ jobs right now?

Locating stable or safe jobs right now feels like finding a unicorn in a candy forest. However, if we use current and projected growth as our measure, we can begin to narrow down where you’re more likely to see positive ROI on your bet.

Below are 5 areas to key in on as you begin your search:

Software Development

  • Although AI and assistants are gobbling up jobs, there’s still a continuous demand for software developers, particularly in cloud computing, AI, and machine learning.

  • The median annual wage for software developers was $120,730 in 2023, with a projected growth rate of 22% through 2032.

Data Science

  • Significant growth in roles like data scientists, projected to grow by 35% from 2022 to 2032. The median annual wage for data scientists was $108,020 in 2023.

Cybersecurity

  • Increasing need for cybersecurity experts as digital threats grow, with roles like information security analysts expected to grow by 32% through 2032. The median annual wage for these roles was $120,360 in 2023.

HealthTech

  • Expansion in telehealth and digital health platforms, driving demand for health IT roles. Median wages for health information technologists and medical registrars were $62,990 in 2023.

EdTech

  • Growth in online education platforms creating opportunities for tech professionals in development, support, and innovation roles.

The Offboard Job Board is growing by the hundreds each day with roles that span these high-growth opportunities. You can also use the AI Job Matchmaker (select option 1) to find the right job for you from our ever-growing list of roles.

Labor Market Has Found a Wage Groove

The July 2024 Labor Market Update shows that posted wage growth has stabilized at 3.1%, consistent with pre-pandemic levels. This stability indicates a rebalanced labor market. Wage growth is steady across all wage tiers, suggesting that the labor market is returning to a sustainable pace, even as unemployment slightly rises.

Key Takeaways:

  • Stable Wage Growth: Posted wage growth stabilized at 3.1%.

  • Balanced Market: Labor market showing signs of sustainable balance.

  • Sector-Wide Stability: Wage growth consistent across low, middle, and high-wage sectors.

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