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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

šŸ‘‹ Welcome, Jobseekers

  • āš”ļøQuick Hits: The Most Important Skill For Career Success

  • šŸ’¼ Job Opportunities: HubHive, ZoomInfo, Oracle

  • šŸ“‰ Layoff Report: Meta, Lyft, ChargePoint

  • šŸ”§ Jobseeker Tools: Swype Jobs, Plump AI, Himalayas, The Org

  • šŸ“ˆ 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 doesnā€™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 Reserveā€™s potential policy changes, like interest rate cuts, could influence hiring patterns and economic growth, affecting job opportunities.

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