It’s not difficult to see that the world of work is changing. Just log in to LinkedIn, turn on the evening news, read the newspaper, commiserate with colleagues or classmates, or scroll through social media feeds. Job searches take longer, demand is waning, and career growth is in “wait-and-see” mode as employees hunker down until the picture is clearer. There are up to six generations in the workforce, from Alphas to the Silent Generation, all vying for work, creating an interesting yet difficult-to-navigate job market and workplace.
Now add uncertainty due to political instability, wars, and slowing economies, and the competition for an open job req is that much steeper, with hundreds, if not more, candidates competing for that one job. It doesn’t stop there, though; some industries, namely tech, e-commerce, and transportation, to name a few, have overhired during the pandemic and have since shed positions through mass layoffs. Furthermore, entry-level jobs have been declining over the past few years due to increased worker productivity and the introduction of more advanced technology, particularly artificial intelligence (AI).