Listen "Job Market Crisis? (Ep 267)"
Episode Synopsis
Episode 267 - 2024 Was the Toughest Year for Job Seekers and Recruiters in Decades – with Geoff SladeAs a career coach, I’ve spent years guiding corporate professionals through the ups and downs of job searching, but 2024 is proving to be one of the most challenging years I’ve ever witnessed. During a recent conversation with Geoff Slade, a recruitment veteran with over five decades of experience, it became clear that this is not just another cyclical dip in the market. This year feels unprecedented in both its difficulty and unpredictability.What we’re seeing is a job market that’s simultaneously contracting in certain sectors while shifting toward new priorities in others. Job ads are down 13% overall, with the ICT sector seeing a shocking 23% decline. Banking, traditionally a stalwart in corporate hiring, is also feeling the pinch. So where does this leave the corporate professionals I work with—those in their 40s, 50s, and 60s, who have always been able to rely on their expertise and experience to secure their next role? Unfortunately, many of them are finding that the old rules no longer apply.Read the full Blog on the WebsiteHoliday Job Search Sprint -Six Weeks Group Program31 Days of Action for Job SeekersFind Your Talents: Learn About Your Strengths, and Watch Your Career GrowJoin 5,000+ Readers of The Job Hunting Newsletter: Subscribe NowLear More About Renata's career coaching and courses Timestamps to guide your listening:00:21 Reflecting on the Job Market in 202401:59 Live Audience Interaction03:33 Challenges and Trends in Recruitment07:54 The Impact of Remote and Hybrid Work13:38 AI and Technology in Job Applications23:15 Recruitment Assessments and References29:05 Navigating Reference Checks32:13 Preparing for 2025: Challenges and Hopes34:16 Key Skills for Job Seekers35:12 Leveraging LinkedIn and Internal Mobility36:18 Research and Preparation for Job Interviews40:00 Adapting to Industry Changes46:09 Creating Job Opportunities in Tough Times47:54 End-of-Year Job Search Tips49:40 Concluding Thoughts and Future OutlookLinks mentioned in this episode:Episode 217 - How to job search in 2024: An expert's view on the job market and recruitment trends, with Geoff SladeEpisode 163 - How to Job Search in 2023: An Expert’s View on the Job Market and Recruitment Trends, with Geoff SladeEpisode 52 - Has COVID-19 Derailed Your Career? Interview With Recruitment Expert Geoff SladeLinkedIn AuditAbout the...
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