Rewrite the What You Need To Know To Land A Job In 2023

By Nancy Collamer, Next Avenue

The most recent labor market knowledge confirmed that the job market stays remarkably resilient. In January, the U.S. financial system added an eye-popping 517,000 jobs and the unemployment charge fell to three.4%, the bottom in additional than a half-century.

Nonetheless, even in a robust job market, fortunes differ as evidenced by latest layoffs at corporations like Amazon
AMZN
, Disney and Salesforce. So, if you wish to change jobs this yr, you will have to be as strategic as ever in your search.

That will help you higher perceive this considerably puzzling job market, I learn by a number of latest labor-market experiences. Listed below are my important takeaways, together with a number of recommendations on take advantage of these developments.

The State of the Labor Market. There are extra openings than employees. The December Job Openings and Labor Turnover Survey (JOLTS) from the U.S. Bureau of Labor Statistics says there are 1.9 jobs obtainable for each individual searching for one. The principle drivers behind this are the growing old of boomers, curtailed authorized immigration and declining inhabitants development. Given the deep-seated and long-term provide dynamics, Certainly and Glassdoor economists say it is unlikely that the expertise scarcity will ease anytime quickly.

2. Distant work is right here to remain. However count on fewer totally distant alternatives. Earlier this month, The Wall Road Journal reported that the return-to-office charge — a measure of workplace occupancy in 10 main U.S. cities — exceeded 50% of pre-pandemic ranges for the primary time since early 2020.

This does not imply employers have deserted distant work, however extra are transferring towards hybrid fashions that require workers to be within the workplace a minimum of a part of the time.

Tip: As extra employers undertake hybrid employment fashions, be sure you ask if a job is distant, in-person or hybrid earlier than accepting a suggestion. Not all digital jobs are totally distant, so learn job postings carefully and ask sensible questions within the interview. Remember that FlexJobs discovered that almost all of its “distant job” postings in 2022 required workers to work in a particular area, metropolis or state.

3. Pay will increase are stable however slowing. Because the labor market emerged in spring 2021 from the preliminary financial shock of the Covid-19 pandemic, wages and salaries began to rise. They’re nonetheless rising, most not too long ago at a 4.4% annual tempo.

This squares with knowledge from the Certainly Wage Tracker, which relies on Certainly.com job adverts. It discovered that 82% extra job sectors slowed wage development in November than they did six months earlier. Given the present trajectory, Certainly says that posted wage development ought to return to its 3% to 4% pre-pandemic tempo by the second half of this yr.

Tip: Do your analysis when negotiating a wage for a brand new job. Discuss along with your community, examine websites like Wage.com and Glassdoor.com, and scour job postings (a variety of states require employers to put up compensation ranges when promoting jobs) to set a sensible wage vary. Do not forget to think about the worth of advantages, corresponding to retirement financial savings, fitness center memberships and medical health insurance. Employers more and more spotlight advantages to compete for expertise.

Job Search Traits. Video interviews are right here to remain. In accordance with the 2023 Profession Trade Traits Report — a abstract of findings from a career-service suppliers’ annual assembly referred to as Profession Jam — 82% of employers carried out video interviews due to Covid-19, and a whopping 93% of them say they plan to proceed to take action.

Moreover, some job boards embrace an possibility for employers to pose inquiries to candidates through video and LinkedIn has “Show Expertise,” which permits people to put in writing or document movies to display choose expertise.

Tip: Incorporate video into your LinkedIn profile. Doing so will assist to construct your model and display your proficiency with expertise, an particularly essential talent for older job seekers to tout.

5. Hiring managers prize expertise over levels. Corporations like Walmart
WMT
, Google
GOOG
, Apple and IBM
IBM
, in addition to some state and native governments, have pledged to implement skills-based practices. Because of this for those who’ve received the abilities, your lack of a level could now not be the deal-breaker it as soon as was in some roles. The development continues to be rising, however profession companies suppliers report seeing extra job postings requesting a level “or equal expertise.”

Tip: After getting your eye on a job, determine particular expertise wanted to land it. When you lack them, strive short-term programs and certificates applications supplied by trade associations, group faculties and websites like LinkedIn Studying, Coursera.org and EdX. The Traits Report says greater than 10% of U.S. employees in low-paying jobs — many with out a diploma — landed higher-paying work within the final two years by “upskilling” on this means.

After buying the fitting expertise, highlight them prominently in your resume, in your LinkedIn profile and through any interview.