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The Tinder for Job Listings

The Tinder for Jobs, NEW Job Opportunities, Meta layoffs, July JOLTS report showing not-so-great signs

👋 Welcome, Jobseekers

  • ⚡️Quick Hits: The Most Important Skill For Career Success

  • 💼 Job Opportunities: HubHive, ZoomInfo, Oracle

  • 📉 Layoff Report: Meta, Lyft, ChargePoint

  • 🔧 Jobseeker Tools: Swype Jobs, Plump AI, Himalayas, The Org

  • 📈 Trends & Data: WARNING: Why Falling Job Openings Could Signal Trouble Ahead

  • Lead Product Designer | HubHive | Apply Here

  • Principal Software Engineer - Identity Resolution | ZoomInfo | Apply Here

  • Senior Software Engineer | ZoomInfo | Apply Here

  • Data Scientist | Intelliswift Software | Apply Here

  • Senior Principal Technical Product Manager | Oracle | Apply Here

Swype Jobs

Swype makes job hunting easy and effortless. Just swype right to apply for a job, and an AI agent will handle the rest.

Other Jobseeker Tools:

  • Plump AI - Keep job search active 24/7 doing nothing

  • himalayas - The remote job board you'll actually enjoy using

  • The Org - Contact the Right Person - Explore the world's largest network of public org charts.

WARNING: Why Falling Job Openings Could Signal Trouble Ahead

The July 2024 JOLTS report (which is a full-month lagging indicator) shows a concerning shift in the U.S. labor market, with job openings dropping to 7.7 million, marking a decline to levels last seen in early 2021. Hiring and quitting rates slightly rose in July, but these changes are more like temporary recoveries from a slow June. The report suggests the labor market is no longer cooling down but deteriorating, which could lead to higher unemployment if hiring doesn’t pick up soon. Layoffs remain low for now, but the Federal Reserve may need to respond with interest rate cuts if this trend continues.

Key Takeaways:

  • Be Aware of Industry Trends: Job growth was weaker in professional services, leisure and hospitality, manufacturing, and information sectors, so job seekers in these areas should keep a close eye on future reports and industry outlooks.

  • Expect Slower Job Creation: The revision suggests job growth may continue at a more moderate pace, making competition for open roles fiercer.

  • Stay Informed on Federal Reserve Actions: The Federal Reserve’s potential policy changes, like interest rate cuts, could influence hiring patterns and economic growth, affecting job opportunities.

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