Jerome Jones inside his home in Chatham, Ont., on Oct. 27. Jones is looking for a new job and finding the market slower than previous times.When Jerome Jones was looking for a job in mid-2022, he had about 15 interviews a week, mostly for remote roles in project management, sales and leadership. He got a position fairly quickly, but was laid off in September when his company restructured.
People who looked for jobs last year, or even earlier this year, will be surprised at how much has changed. The era when workers could score big raises by changing jobs, and companies competed for staff by offering flexibility and perks, seems to be ending, says Toronto career coach and tech recruiter Jermaine L. Murray.
“It’s a sign we’re seeing workers not quite being able to find another job that suits them better or obtain hours they would like to in their current job,” he said. “If we went back six months in time, that would be a more favourable time to be switching jobs.”show unemployment is affecting young workers most, something Mr. Murray says he is seeing when it comes to people searching for entry-level jobs.
Koula Vasilopoulos, senior district president with staffing consultancy Robert Half in Calgary, says job seekers should “be exceptionally clear about what it is you are looking for and what it is you’re not getting” when debating a change during a riskier time in the economy.
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