My Perspective on Job Market Realities as the Pandemic Eases: By John Karras, Job Transitions, Inc.
Updated: Jul 10
I hope you are doing well and had a wonderful 4th of July holiday. I am reaching out to our clients to inform them of job market realities as the pandemic eases and for many, a return to the office is on the horizon. Businesses are eager to get back to full operations, but finding qualified people has proven difficult in most employment sectors. Thus, businesses are facing the dilemma of having to pay more to find capable and qualified employees.
The traditional office is going to have to compete harder to win over employees who have found a better work/life balance in their lives and have acquired new skills by working remotely for the first time. In fact, employee quit rates have soared! The tight labor market is giving workers renewed confidence in their ability to find a better job and improve their work/life balance. Many businesses now want to hire people that have these new and improved skill sets as the workplace and remote environment evolves. For those seeking jobs, make sure you have these skills represented on your resume. They are valuable and extremely marketable! People that have learned new skills and have well defined personal and career goals are now in a position of power.
Businesses are beginning to adapt as well. No longer are they restricted to recruiting people who have to commute to work. They can now recruit people from anywhere in the country for many positions and have adjusted the qualifications and associated algorithms in Applicant Tracking Systems.
Additionally, people receiving extended unemployment benefits will be returning to the job market. Extended unemployment benefits have already ended in some states, and will most likely end in September nationwide. As this happens, the competition is going to be fierce.
The bottom line: As the economy begins to come back – and it is – power shifts to the job seeker with well-defined goals and a new and improved skill set. This is a good time to review both your personal and career goals, update your resume, and refine your interviewing skills.
If you, or someone you know can benefit from our services, please contact me at 708-277-8813 or email me at firstname.lastname@example.org.
I am also proud to announce that we have launched a new website. You can check it out at www.jobtransitions.net. We would value your feedback.