Despite Cooling Trend, Job Market Remains Advantageous for Workers: Here’s What Job Seekers Need to Know

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The job market continued a gradual cooling in February but largely remains advantageous for workers.

That gradual cooling seems to be playing out in the labor market. Big technology companies, for example, have cut tens of thousands of jobs. However, those layoffs"I think the headlines would make workers very panicky and nervous about their job security. And I would tell workers not to panic quite as much," said Julia Pollak, chief economist at ZipRecruiter."Historically this is still a job seeker's market.

"Workers are experiencing unprecedented job security — and not just job security, but choice," Pollak added. That said, job seekers are likely still feeling a slowdown even if the labor market is strong, Zhao said. For example, a worker today might not have as many job offers, may get a smaller pay bump when switching jobs, or might find the job search takes a bit longer relative to the dynamic in 2021.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 270. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The problem is that unemployment is running at 6% & because of the expensive housing & tax associated with it & living in LosAngeles, the gap between rich & poor is getting higher

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The job market is cooling but still remains ‘red hot,’ economist says. What to expect as a job seekerThe labor market remains historically strong for workers, but jobseekers may be wise to proceed with a bit more caution, experts say.
Source: CNBC - 🏆 12. / 72 Read more »

US labor market loosening as job openings approach two-year lowU.S. job openings dropped to their lowest level in nearly two years in February, suggesting that labor market conditions were finally easing, welcome news for the Federal Reserve as it considers whether to pause its interest rate hiking cycle. I need a job
Source: Reuters - 🏆 2. / 97 Read more »