The job market might look solid on paper — unemployment is low, job openings are high — but the reality for many Americans on the job hunt tells a different story.
"I just think the numbers are underselling how hard it is for job seekers right now."
Economists and recruiters say lingering expectations from the "great resignation" and businesses' fears about an imminent recession could be to blame for job seekers' malaise.
"How people feel about the job market is informed by their recent experiences with the job market," Glassdoor chief economist Daniel Zhao recently told CNBC.
So even if 2024 is shaping up to be a relatively healthy labor market by recent comparison, it doesn't feel quite as strong."
Persons:
ghosting, Javier Serrano, Serrano, Daniel Zhao, Bert Bean, aren't, Zhao, it's, Dan Kaplan, Kaplan
Organizations:
LinkedIn, CNBC, Insight
Locations:
Orlando, boardrooms