Jennifer Benskin’s Post

“It’s a buyer’s market for brain and a seller’s market for brawn.” — Aaron Terrazas, chief economist at Glassdoor Often, when you talk to recruiters like those of us at Gables Search Group, you’ll hear general statements about the state of the workforce and hiring. But the truth is often more nuanced and granular. Right now, for instance, skilled labor is in hot demand, with roles in manufacturing and labor much more available than white-collar information work. Economist are referring to this reality as a “two-track job market” where the picture looks very different in those two areas. At the same time, economists seem to feel positively about the overall unemployment rate, as of late spring. Economic advisor and Harvard professor Jason Furman called it “reassuring.” “What about you, Michael?” Thanks for asking. I talk to a lot of hiring managers and job seekers every day in my role as a recruiter, and I am feeling very positive about the job market right now.

“It’s a buyer’s market for brain and a seller’s market for brawn.” — Aaron Terrazas, chief economist at Glassdoor Often, when you talk to recruiters like those of us at MS Capital, you’ll hear general statements about the state of the workforce and hiring. But the truth is often more nuanced and granular. Right now, for instance, skilled labor is in hot demand, with roles in manufacturing and labor much more available than white-collar information work. Economist are referring to this reality as a “two-track job market” where the picture looks very different in those two areas. At the same time, economists seem to feel positively about the overall unemployment rate, as of late spring. Economic advisor and Harvard professor Jason Furman called it “reassuring.” “What about you, Robert?” Thanks for asking. I talk to a lot of hiring managers and job seekers every day in my role as a recruiter, and I am feeling very positive about the job market right now.

I recently had a fantastic conversation with Alexandra, and I must say, her integrity and sincerity shine through in every word. This article speaks volumes about the current hiring landscape, and it's refreshing to encounter recruiters like her who are dedicated to guiding individuals towards fulfilling career paths. Here's to more professionals like Alexandra shaping the future of recruitment!

As of today, Fed Chair Jerome Powell's comments indicate that the US job market is slowing. This crucial shift could herald a reduction in interest rates. For the recruiting industry, this presents both challenges and opportunities. A cooling job market often means candidates might be more cautious, leading to longer decision cycles. However, it also means recruiters can tap into a broader, more diverse talent pool as competition for jobs increases. Additionally, interest rate reductions could stimulate business growth, encouraging companies to expand their teams and increase hiring budgets. Aligning your recruiting strategy with these economic signals is imperative. Bolster your relationships with both clients and candidates by providing more value-added services like market insights and salary benchmarking. What strategies are you considering in light of this evolving job market? Let's discuss and share best practices to navigate this dynamic landscape. #RecruitingTrends #JobMarket #HiringStrategy #TalentAcquisition

Macro events across the world can have resounding impact on the hiring landscape here in the UK. For more insights into what we forecast will influence the job market this year, check our our Hiring Trends report. #hiringtips #salarysurvey #WAAHiringTrends24

“𝙄𝙩’𝙨 𝙖 𝙗𝙪𝙮𝙚𝙧’𝙨 𝙢𝙖𝙧𝙠𝙚𝙩 𝙛𝙤𝙧 𝙗𝙧𝙖𝙞𝙣 𝙖𝙣𝙙 𝙖 𝙨𝙚𝙡𝙡𝙚𝙧’𝙨 𝙢𝙖𝙧𝙠𝙚𝙩 𝙛𝙤𝙧 𝙗𝙧𝙖𝙬𝙣,” says Aaron Terrazas, Chief Economist at Glassdoor. This insight aligns with trends we observe at KIP Search in tech and manufacturing. Skilled labor is in high demand, especially in manufacturing, while tech sectors are more competitive. Economists describe this as a “two-track job market,” highlighting distinct outlooks for various industries. Despite this divide, the overall unemployment rate remains positive. Harvard's Jason Furman even calls it “reassuring.” As a recruiter, we share this optimism. Daily conversations with hiring managers and job seekers confirm that opportunities abound, particularly in tech and manufacturing. How is your company navigating these trends? Let’s discuss how we can adapt and thrive in this evolving market. #jobmartkettrends #manufacturingjobs #industrytrends #coaching #bestadvice

The unemployment rate is down, and the economy is looking up! But for hiring managers, this can mean a smaller talent pool to choose from. Whenever the Bureau of Labor Statistics publishes positive economic news, hiring managers might groan a little. Fewer job seekers mean more competition for top talent. In these times, having a recruiter in your corner is more important than ever. At Terrelonge Staffing Solutions Inc., we specialize in finding the best talent for your needs, even when the market is tight. If you’re looking to stay ahead in a good economy, reach out to me today. Let’s secure the top talent your company needs to thrive.

Check out this insightful Bloomberg article delving into the intricacies of the US job market. Alexandra-Dana G., Head of Tiger Recruitment’s New York office, shares her insights on this trend, noting a shift towards cautious hiring practices among employers. Dive into the details with Bloomberg's thorough analysis and gain valuable perspective on the evolving dynamics of the labour market. #USJobs #EconomicTrends #WhiteCollarJobs https://lnkd.in/gysQtMw2

Aaron Terrazas, chief economist at Glassdoor, said, “It’s a buyer’s market for brain and a seller’s market for brawn.” This reflects the current state of the job market, where skilled labor is in high demand, creating a "two-track job market." Economists feel positive about the overall unemployment rate. Jason Furman, a Harvard professor, called it “reassuring.” As a recruiter at The Swan Group, I see this trend firsthand. Skilled labor positions are plentiful, while white-collar roles are more competitive. I’m optimistic about the job market. What about you? The Swan Group is more than a recruitment agency; we're relationship builders, connecting talent, and nurturing careers with joy and pride, prioritizing client and candidate satisfaction. Curious about industry salaries? Download our free 2023 Salary Survey guide for insights: Get Your Guide 💼 https://2ly.link/1xUsp

In today's job market, even the most qualified professionals are struggling to find work. Charlie Wells' latest piece in Bloomberg Wealth exposes a brutal reality: our so-called "white-collar recession." Antigone Mehani-Asghari, with her MBA and extensive experience, is still jobless after two years. Why? Because employers have slammed the brakes on hiring and raised the bar to unattainable heights. We can't keep telling people to "just rebrand" or "take bridge jobs." These are band-aid solutions for a gaping wound. The truth is, the job market is broken, and we're all pretending it's not. It's time to face facts: **The meritocratic myth is crumbling.** It's not about how hard you work or how well you network - it's about systemic issues that need systemic solutions. What do you think? Are we in denial about the real state of the job market?🔥 #JobMarket #CareerAdvice #EconomicReality #SystemicChange