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Recruiters and other experts tell Insider that tech workers are in especially high demand in sectors including insurance, healthcare, retail, government, and banking. As you may expect, the traditional tech industry remains the largest employer of tech workers, the experts say. ZipRecruiter's Pollak said the turmoil in Big Tech was pushing "some tech workers to explore opportunities outside" the usual suspects for the first time. Tech job creation and hiring numbers remain strong, but layoffs keep coming, underscoring a tech labor market in flux. As for how laid-off tech workers ought to position themselves for these jobs, the Hired Guns recruiter Hemming has some advice.
Allison Hemming started "pink-slip parties" in the early aughts after the dotcom bust. Back then, like now, tech workers lost their jobs en masse. Hemming began running regular meetups for laid-off tech workers — misery loves company, after all — giving them an opportunity to network and meet prospective hiring managers. Will the latest tech layoffs spur a return of pink-slip parties? The tech workers losing their jobs today have a nice runway because a lot of big nontech companies are still hiring.
I used to focus a lot more on pinch pennies, until I realized it was costing me time. I used to try to save money without much thought for the time invested. Having a dollar amount in mind helps me quickly assess whether an opportunity to earn or save money is worthwhile. If I'm not netting close to $1 per minute, I'm probably not interested. This approach also works in reverse to help me decide whether I should spend money to save time.
Some couples are using wedding registries to help fund down payments, Financial Times reported. Wedding registry websites have seen a spike in couples asking for cash from their guests. Zola and The Knot, two wedding registry and planning websites, told the Financial Times that more couples are using their registry to ask for help with raising funds for a deposit or other housing costs. Zola said that three quarters of couples using its services ask for money and that the number of cash funds relating to housing has shot up since 2019. In August the national median mortgage payment amounted to $1,839, data from Mortgage Bankers Association shows, while there was a 33% increase in monthly payments in the first eight months of this year.
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