A Fantastic—But Frustrating—Job Market
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A Fantastic—But Frustrating—Job Market

Job openings have been rising during the last two months, but a new survey finds that half of job seekers say they’re “completely burned out.” Korn Ferry examines why it feels so hard to find the right role in a market where jobs are plentiful. Plus, our latest Briefings Podcast looks into the new world of AI-education courses. They’re in demand and pricey, but are they worth it?


1) The Frenzy to Find Work

Even as US non-government employers added 353,000 jobs in January (on top of the 2.7 million jobs they added in 2023), a confluence of events, perceptions, and expectations is stymieing candidates, experts say. ?

Amid these conditions, an increasing number of job candidates are voicing their frustrations about the difficulty of finding a role. Indeed, a recent survey from the staffing agency Insight Global found that half of those looking were “completely burned out” by the process.

Read the full article here.


2) Briefings Podcast: Back to AI School

More and more execs are heading back to school, often at top universities, to bone up on the hottest new technology, artificial intelligence. But with a price tag of up to $15,000, are these AI executive-education courses worth it? Korn Ferry chats with two leading education experts to get the full scoop.

Watch the podcast here.


3) 5 Résumé Tips for People Over 50

Inflation and the high cost of living are forcing retirees back into the workplace. A new survey shows that one-quarter of retirees between the ages of 62 and 85 have returned to work, for instance, and another 12% are looking for jobs. At the same time, widespread layoffs are resulting in an increasing number of older workers seeking employment.

Age can be both a positive and negative, of course. On the one hand, employers are looking for experienced candidates with a broad skill set. On the other hand, despite laws against it, age bias is still a real issue in hiring.

Here are some tips on how to craft an age-friendly résumé.

Read the full article here.


Other Must-Reads from Korn Ferry

Check out?Briefings , our bimonthly national magazine, for in-depth and unusual looks at critical leadership issues.

Dr. Edgar Noumair

Resilience & Growth Thought Leader. I help Businesses Bounce Back & Grow.

9 个月

Korn Ferry It's concerning to see job seekers experiencing burnout despite the increase in job openings. The dichotomy between a growing job market and widespread burnout suggests underlying challenges in the employment landscape. Exploring why individuals struggle to find suitable roles in a seemingly abundant market sheds light on complex factors such as mismatched skill sets or unrealistic job expectations. Additionally, delving into the realm of AI-education courses poses critical questions about their effectiveness and value amidst their rising popularity and costliness.

回复

Great read. Another tool to breakthrough in today’s #jobsearch is to create a one page visual of your career journey highlighting your experience, impact, and ambitions. It works great before the interview as a pre-read, a backdrop during the interview, or post interview follow-up attachment to stand out from the other candidates. Download and create yours at aboutmetemplates.com

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Michael Kline

Fractional CMO | Podcast Host | Association Leader | AI Builder

9 个月

Another crap article that doesn't address the unfolding disaster for Gen X and Boomers who've lost jobs and can't get a sniff on new opportunities due to rampant ageism. Korn Ferry, these people are "burned out" because they've got a desire to contribute, *really* want to work, have years of amazing experience to share, but are being ignored because of their age. There are lots of voices on LinkedIn beating this drum. Please join in.

Denise R. Hemphill, PharmD

(On Vacation 'til Jan 2) | 6X Certified Executive Resume Writer & Personal Branding Specialist ? SPECIALTIES ? Pharma, Biotech, Healthcare

9 个月

I'd agree that the strategic use of social media for your personal branding and job search can help combat ageism. You can also ditch the graduation year after 10 years, but definitely if it's longer than 20 years ago.

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