This Labor Day, Workers and Companies Face Irrelevance Without Immediate Reskilling
A few years after one of the hottest job markets in decades, which led to soaring wages and opportunities for job seekers, stabilizing economic conditions are allowing businesses to reassess their operations, including headcount.
Job seekers are feeling the shift: 31% fear losing their jobs before finding new ones, according to a recent Express Employment Professionals-Harris Poll survey. A similar study from the Federal Reserve Bank of New York also shows rising job seeker uncertainty, with fewer people employed, a record number looking for work, and a higher likelihood of unemployment.
So, if unemployment remains relatively low at 4.3% and the U.S. currently has 8.2 million open jobs, why are so many job seekers saying they aren't receiving offers?
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