Preparing For a New Job in the New Year
The job market’s moderate growth continues, following the second consecutive month of job gains totaling less than 200,000. Despite the possibility of a recession being present for over a year , the unemployment rate is slowly decreasing and workforce participation is increasing.
Regardless of job market or economic conditions, the Rose International Team remains focused on supporting job seekers. The company is eager to help professionals begin the next chapter of their careers with a new job before the New Year begins. Organizations across various industries are increasing hiring efforts, and Rose International is ready to connect job seekers with the right job opportunities.
The Job Market’s Gradual Cool Down
In November 2023 , the job market grew by 199,000 jobs and the national unemployment rate decreased to 3.7%, according to the Bureau of Labor Statistics (BLS). To compare with this time last year, the job market grew by 263,000 . Economists predicted the job market would increase by 180,000 jobs ahead of the release of the BLS report.
This report showed the workforce participation rate increased to 62.8%. The industries with the highest number of jobs gained in November 2023 were health care, government as well as leisure and hospitality. Additionally, recent BLS data showed overall job openings decreased to 8.7 million , the lowest total since March 2021.
With 2.9 million workers in the temporary help services sector, the need for contingent workers remains present even as job market conditions cool. Rose International has countless job openings in multiple industries. In November 2023, the company saw the majority of job openings in the business professional, IT and admin/clerical categories.
Preparing for a New Year Job
A new year often symbolizes a time for a fresh start. For many, this includes a new job. While applying to openings is an integral part of the job search process, taking time to organize and update is crucial to improve the likelihood of a successful outcome. The end of the year is an ideal time to prepare for a new career chapter. If a new job is a New Year’s resolution for professionals, there are some items they can keep in mind as they begin their search.
Define Goals: Detail short- and long-term outcomes that align with professional growth. Updating goals as needed is also beneficial.
Assess Skills: Take inventory of hard and soft skills to identify proficiency levels and any gaps.
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Update Toolkit: Regularly refresh resumes, cover letters, references lists and online professional channels, like LinkedIn, to showcase skills, experience and accomplishments.
Utilize Network, Recruiters: Continue building relationships to uncover job opportunities. Connect with recruiters to expand the job search reach.
Prepare for Interviews: Practice answering common interview questions to have more productive interactions with hiring managers. Research the company and role to be informed and engaged in each job opportunity.
Follow Up Accordingly: Express gratitude in an email following an interview and ask if additional information or items are needed. Follow up a week later for a status update.
Bonus Tip: Contingent work offers the chance to gain new skills and hands-on experience while expanding professional networks.
As job market conditions loosen and the hiring rate cools, job seekers are encouraged to maintain an optimistic outlook and continue working to find a new job. Connecting with Rose International has many benefits including getting matched with jobs that are actively hiring. Job seekers can utilize the energy of the upcoming New Year to renew their motivation to begin a new professional chapter in 2024.
Season’s greetings from the Rose International Team and well wishes for a happy New Year!
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?? Rose International ?is one of the largest providers of Staffing and Total Talent Solutions to corporations and government agencies, employing thousands of people in all 50 states. Certified minority- and woman-owned, the company is headquartered in St. Louis, MO and has offices and service delivery centers across the U.S. and India.
?? Rose International is hiring!?Click here to view available job openings . Jobs are updated frequently, and job seekers are encouraged to check back often.
?? Fantastic insight, #RoseInt! As Albert Einstein once said, "Life is like riding a bicycle. To keep your balance, you must keep moving." ???? Job seekers, this is your cue to adapt and thrive amidst change. Let's gear up for a productive New Year! #JobSeekingTips #NewBeginnings