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☆ Full-time office work is 'dead': 3 labor experts weigh in on the future of remote work
▼ + stars: | 2023-03-03 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

watch nowInitially, remote work was seen as a necessary measure to contain the spread of the virus. Twitter recently shut its Seattle offices as a cost-cutting measure and told employees to work from home, a reversal from an earlier position that employees work at least 40 hours a week in the office. "It's still an evolving trend, but the movement is very much toward increased remote work," Pollak said. Remote work may endure even in a recessionNot everyone agrees that the benefits of working from home outweigh costs. Evidence suggests employee mentoring, innovation and company culture may suffer if jobs are fully remote, Bloom said.

☆ Long-Robust U.S. Labor Market Shows Signs of Cooling
▼ + stars: | 2023-03-01 | by ( Jon Hilsenrath | Bryan Mena | ) www.wsj.com time to read: 1 min

Demand for U.S. workers shows signs of slowing, a long-anticipated development that is showing up in private-sector job postings even while official government reports indicate the labor market keeps running hot. ZipRecruiter Inc. and Recruit Holdings Co., two large online recruiting companies, say their data show the number of job postings is declining more than Labor Department reports of job openings. Investors recently hammered shares of those companies after disappointing earnings reports.

The city of Phoenix's aviation department, which runs the Phoenix Sky Harbor International Airport, has launched a childcare program for airport workers and plans to build a childcare facility on airport property. Since its launch, 37 airport workers have joined the program, which covers daycare costs partially. At Kelowna International Airport in British Columbia, Canada, construction is underway for a daycare primarily for children of employees who work on airport property. Cincinnati/Northern Kentucky International Airport is similarly weighing offering childcare on-site or nearby in a bid to offer attractive benefits to workers, said airport spokesperson Mindy Kershner. And then there are others - like Jared Barker, a 33-year-old baggage handler at Minneapolis–Saint Paul International Airport who quit and left the industry altogether last year after mass departures during the pandemic led to a heavier workload.

☆ This marketing skill is in high demand—and can pay as much as $125/hour
▼ + stars: | 2023-02-23 | by ( Gili Malinsky | ) www.cnbc.com time to read: +1 min

These include social media marketing, email marketing and lead generation. They also include search engine optimization, or SEO. Experts on Upwork offering this type of marketing charge as much as $125 per hour. 'Search engine optimization is paramount if you want to be found'Search engine optimization is the process of ensuring your website gets picked up in organic searches, say, if someone is looking for the kind of products you sell or the kind of content you cover. "Search engine optimization is paramount if you want to be found when people are doing online searches," says Yolanda Owens, career expert at The Muse, adding that it's "increasingly becoming more and more valuable."

☆ ZipRecruiter CEO warns of broad-based macro economic slowdown in hiring
▼ + stars: | 2023-02-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZipRecruiter CEO warns of broad-based macro economic slowdown in hiringIan Siegel, CEO and co-founder of ZipRecruiter, joins 'Power Lunch' to discuss shares dipping lower, the reasons behind the company lowering forecasts and the state of the labor market.

☆ Jim Cramer sees signs of easing in food and wage inflation, but housing stays hot
▼ + stars: | 2023-02-22 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Wednesday explained why inflation has been so persistent for food, housing, and wages, but said there are signs of progress. FoodHigh food prices reflect the supply squeeze driven by cutting off Russia after it invaded Ukraine, along with obstacles like tough weather and bad harvests. But for Cramer, Walmart offered some hope. Since Walmart can price its "Great Value" products at such steep discounts relative to the name brands, Cramer said he's "a lot less worried about food inflation." WagesUnionization and hiring struggles have put an expensive price tag on labor, but Cramer said the Fed might be on the right track.

☆ Jim Cramer's top 10 things to watch in the stock market Wednesday: Fedspeak, stocks bounce, Palo Alto beats
▼ + stars: | 2023-02-22 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. ET: Q&A with Jim and Jeff Marks on general investing, market thoughts, education11:30-12:15 p.m. ET: Jim and Jeff discuss the portfolio (Part 2)2:15-2:45 p.m.

☆ How to format your resume if you don't have a degree: 'You can just omit that' education section altogether
▼ + stars: | 2023-02-20 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

In 2021, 27.9% of adults ages 25 and older had a high school degree as their highest level of education, according to the Census Bureau. "We are seeing a huge increase in the share of job listings that do not require a college degree," says Sinem Buber, lead economist at ZipRecruiter. Still, if you're a jobseeker without some form of higher education, how do you format your resume to ensure you're being considered by hiring managers? If you've completed some college credits but haven't gotten a degree, you can keep the education section at the bottom of the resume. "That way they can tell that you've had some college education."

☆ Are you getting a pay raise this year?
▼ + stars: | 2023-02-16 | by ( Cindy Perman | ) www.cnbc.com time to read: +9 min

"Job switching is one of the best ways to get a raise," Nick Bunker, economic research director at Indeed, told CNBC. In January, for example, those who stayed got an average raise of 5.4%, while those who switched scored an average salary increase of 7.3%. Your best shot at getting that raise is going in there prepared. "State facts so you can show your boss what you're worth," Vicki Salemi, a career expert at Monster.com, told CNBC. Here are a few tips for asking for a raise: Know the going rate for your line of work.

☆ From 'relief' to 'not too devastated': Why some laid-off workers aren't rushing to find new jobs
▼ + stars: | 2023-02-16 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

That's how some recently laid-off workers view losing their jobs, despite the era of loud layoffs and ever-constant recession fears. She figured she'd be let go from her social media job at Attentive, an e-commerce startup, once her visa expired in April. Calista Tee, 28, plans to use her post-layoff time to build her social media marketing brand on TikTok and beyond. It's since taken off, and in 2022 she matched 80% of her full-time income. Without the security of full-time income, Tee plans to make small tweaks to her spending habits.

☆ Hybrid workers earn more than remote and in-person workers, according to new research—here's why
▼ + stars: | 2023-02-10 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

Hybrid workers who spend one to four days in the office a week earn more than people with fully remote or in-person jobs, according to recent data from WFH Research. The research, conducted by Jose Maria Barrero, Nicholas Bloom, Shelby Buckman, and Steven J. Davis, found that hybrid workers make at least $80,000 per year on average. For remote jobs, companies can source candidates from places that have a lower cost of living, whether it's a different state or a different country altogether, reducing their hiring costs and, in turn, remote workers' earnings, Julia Pollak, chief economist at ZipRecruiter, points out. People in remote jobs are also more willing to take a pay cut in exchange for better work-life balance, Pollak says. Citing workers' willingness to sacrifice higher pay for greater flexibility, Barrero expects the pay gap between remote and in-person workers to shrink in the coming months — but hybrid workers will continue to earn the most.

☆ Including this on your resume could be the key to getting hired
▼ + stars: | 2023-02-09 | by ( Cindy Perman | ) www.cnbc.com time to read: +9 min

When you think about your resume, you tend to think of including your experience, job responsibilities, education, etc. "Skills are the most important factor when it comes to landing a job right now," LinkedIn career expert Blair Heitmann recently told CNBC Make It. Some of your skills you can work into bullets under experience but for the rest, include them under the skills section of your resume. But what exactly are soft skills? "If you don't have key skills … in the skills section, it's really unlikely that your profile is coming up," Durham said.

☆ Laid off tech workers finding higher paying jobs within months, says ZipRecruiter's Julia Pollak
▼ + stars: | 2023-02-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLaid off tech workers finding higher paying jobs within months, says ZipRecruiter's Julia PollakJulia Pollak, ZipRecruiter chief economist, joins 'The Exchange' to discuss the hiring spree in tech despite the massive layoffs affecting the sector.

☆ 5 jobs that pay $100,000 or more and don't require a college degree—and how to get them
▼ + stars: | 2023-02-09 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

More employers are easing their education requirements for some positions, joining Apple, Google, Bank of America and other major companies that are favoring skills and work experience over a four-year degree to vet candidates. The number of jobs requiring any degree beyond a high school diploma has been steadily declining since the start of the pandemic, according to new research from ZipRecruiter. By 2030, the Bureau of Labor Statistics projects that about 60% of all new jobs in the economy will be in occupations that don't require an associate, bachelor's or graduate degree. If you are exploring career paths that don't require a bachelor's degree, there are several unique high-paying jobs you can consider. Here are five six-figure jobs that don't require a bachelor's degree, according to data from Glassdoor and the BLS:

☆ Meet a woman who regrets quitting her job in July because the job search has gotten 'bleak'
▼ + stars: | 2023-02-08 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

According to Joblist's second quarter of 2022 report, 26% of "job seekers who quit their previous job" regret the move. Kristen is still hoping things will work out and that she will land a job soon, but is feeling some regrets. I wish I would've not quit my first job," Kristen said. "I wish so many different things would've fallen into place. But, at the end of the day, I can't wish things away."

☆ Laid off from a startup and on an H-1B visa? Here are 3 main things immigrant workers should know, according to experts.
▼ + stars: | 2023-02-08 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +5 min

Here are three steps laid off visa holders should take, according to tech industry experts. Though, it appears that laid off immigrant workers are having success finding new roles. Insider spoke with immigration attorneys, venture capitalists, and recruitment experts and compiled the three most important steps laid off H-1B visa holders should take during their 60-day window. Look into other visa categoriesAn attorney can also advise on what other visa categories a worker could be eligible for. "Companies started by immigrant workers employ a lot of immigrant workers too," she said.

☆ How Gen Z and the Great Resignation created a wave of overinflated job titles
▼ + stars: | 2023-02-07 | by ( Aki Ito | ) www.businessinsider.com time to read: +9 min

Way back in 1993, the Financial Times ran a column bemoaning the grandiose job titles that were popping up in the US and the UK. Compared with enticements like higher pay and better benefits, tacking an extra "senior" onto somebody's job title is free. Some are mashing together a bunch of old words, resulting in monstrosities like "senior executive vice president" — not to be confused with senior vice presidents and executive vice presidents. Still, despite the downsides of title inflation, I think there are some redeeming qualities to the state of things today. It goes to show how our job titles aren't just a summary of our day-to-day responsibilities or an indicator of our place in the org chart.

☆ It's the perfect time to find a new job — but don't wait because the window will close this year
▼ + stars: | 2023-02-05 | by ( Madison Hoff | ) www.businessinsider.com time to read: +8 min

It's still a good time to apply and get a job according to labor market data, survey results, and experts. "The best job seeker's market in over 50 years"According to Julia Pollak, chief economist at ZipRecruiter, now is a great time to find a job. "If I was a job seeker I would think this is still a job seekers' labor market," Nick Bunker, economic research director for North America at Indeed Hiring Lab, told Insider. But this is still very much a labor market that's giving lots of advantages to people who are looking for new work." Despite the strong labor market, some workers out of work or impacted by recent layoff announcements may have a hard time finding a job soon.

☆ The US started 2023 with a stunning surprise labor market boom, adding 517,000 jobs in January
▼ + stars: | 2023-02-03 | by ( Madison Hoff | ) www.businessinsider.com time to read: +3 min

The US added 517,000 jobs in January, starting the year with surprisingly strong job creation. January's job growth far surpasses the forecast of 185,000 jobs added. The US added 517,000 jobs in January, according to nonfarm payrolls data from the Bureau of Labor Statistics. Job growth in December was revised from 223,000 to 260,000. Fed Chair Jerome Powell pointed out how job growth has been at a press conference Wednesday after the Fed increased interest rates by 25 basis points.

☆ Despite big layoffs, it’s still a great time to work in tech, experts say: ‘I’ve seen bad job markets…this is not it’
▼ + stars: | 2023-02-03 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

Mathur is one of the more than 70,000 employees at U.S.-based tech companies that have lost their jobs in mass job cuts over the past 12 months. However, despite the recent barrage of pink slips, experts say it's still a great time to be a technology worker. Nearly 80% of laid-off tech workers found new roles within three months of beginning their job search, according to a November 2022 ZipRecruiter survey. Elliott has noticed increased interest in smaller companies among the tech professionals he coaches following the latest round of layoffs. "Tech workers are changing the parameters around their job search," he says.

☆ The current job market is a ‘juggernaut,’ economist says. Here are 6 things to know as a jobseeker
▼ + stars: | 2023-02-03 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Unemployment is at historic lowsThe unemployment rate fell to 3.4% in January — the lowest since May 1969. In fact, you'd have to go back to October 1953 to find a lower unemployment rate (3.1%). "The job market is still strong, and workers have opportunities to go out and find a job that's a better fit for them," Zhao said. "The thing that strikes me the most about the labor market is there aren't layoffs," said Mark Zandi, chief economist at Moody's Analytics. That's not necessarily a bad sign — the job market was also strong in the run-up to the pandemic.

☆ Is the Fed ignoring long Covid in its inflation fight?
▼ + stars: | 2023-02-03 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

But it’s premature to say that Covid is no longer an economic issue when long Covid has such a significant effect on America’s workforce, economists and health care officials say. Long Covid, which stems from a Covid-19 infection, is considered a chronic illness that is sometimes debilitating. As many as 30% of Americans, about 23 million people, develop long Covid after a Covid infection, said the US Department of Health and Human Services in November. “Long Covid has harmed the workforce,” said the report, compiled by the New York State Insurance Fund. Caregiving for those suffering from Covid or long Covid is also affecting the labor imbalance, said Giacomo Santangelo, an economics professor at Fordham University.

☆ What to look for in Friday’s jobs report
▼ + stars: | 2023-02-02 | by ( Alicia Wallace | ) edition.cnn.com time to read: +5 min

Minneapolis CNN —A week that has been chock-full of economic data will be capped off Friday with the first US jobs report of 2023. Beyond the key headline indicators of payroll gains, unemployment and average hourly earnings, here are some other areas of the jobs report that Pollak and other economists will scrutinize when the January jobs report is released Friday morning. Average weekly hoursIn December, the average working week for employees — including part-time workers — was 34.3 hours, according to BLS data. Labor force participationThe imbalance of labor demand and worker supply has been consistently highlighted by the Fed as a potential sticking point in its efforts to lower inflation. The world has changed pretty dramatically over the last two to three years, and it’s going to be difficult to show people that the skills they possess are needed right now.”The government’s monthly jobs report is scheduled to be released at 8:30 a.m.

☆ 2022 was the ‘real year of the Great Resignation,' says economist
▼ + stars: | 2023-02-01 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

More than 50 million workers quit their jobs in 2022, according to federal data, breaking a record set the year prior and demonstrating the resilience of a hot labor market characterized by ample job opportunity. But while quitting a job "was the 2021 story, 2022 was the real year of the Great Resignation," said Julia Pollak, chief economist at ZipRecruiter. The trend of elevated quitting came to be known as the Great Resignation. Americans turned to the social media site TikTok to post "Quit-Toks," and to Reddit forums to share stories about quitting and resignation text messages to bosses. About 50.5 million people quit their jobs in 2022, beating out the 47.8 million in 2021, according to Job Openings and Labor Turnover Survey data issued Wednesday.

☆ Job openings unexpectedly jump to 11 million in December
▼ + stars: | 2023-02-01 | by ( Alicia Wallace | ) edition.cnn.com time to read: +5 min

The 11 million openings for December is the highest since July. The largest increases in job openings were in accommodation and food services, which were up 409,000; retail trade, up 134,000; and construction, up 82,000, according to the BLS report. “The labor market continues to defy the recession predictions of experts,” said Christopher Rupkey, chief economist with FwdBonds, in a statement. Layoffs increased to 1.47 million from 1.41 million in November, and the number of people quitting their jobs ticked down to 4.09 million from 4.1 million. Still, there may be something more than meets the eye in December’s openings number, she added.

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