Current State of the Job Market

What's the current state of the job market? I’m setting the stage with this question for Andrew Crapuchettes to share his insight. This is a unique opportunity and this is one I haven’t seen elsewhere online. Andrew knows more about this topic than most and his perspective is worth paying attention to.

Andrew is joining us for our LinkedIn Live on Friday 10/25/24 at 12pm est.

I Jonathon Guyer, haven’t researched industry trends, recent news, or asked my SME/recruiter friends any questions to prepare for the conversation with Andrew, the CEO of ‘RedBalloon’ = my job market info is old. With that, I ran a successful recruiting company 5 years ago and worked in hire/fire type roles for 20+ years. I don’t know where things are at now but still able to ask Andrew well-thought-out and informed questions = I’m genuinely curious and my questions are real.

Good questions = Great answers

My points shared in this week's newsletter (posted Wednesday) are a setup for Andrew and I to discuss this Friday = these thoughts are real and I’m capturing them here in real-time as I think through this topic = I’m considering what would make for the best conversation and simultaneously, what will help our audience the most? Deep thought:

Old news tends to read like new news. A prime negative to researching current job market trends is the old info tends to populate higher in search results than real-time, real-life, really useful information. Google “how to get a job in 2024” and expect to see a bunch of videos filmed in 2024 describing info that was last relevant in 2004.

Real life doesn't match the assumed perception.

Example: staying at the same job for 40 years is not a great way to get ahead. This is the opposite of previous generations and it’s super easy to see. Kicker: the vast majority of a candidate's support network could be sharing job market advice that hasn’t been true since 1950 = perception trumps facts. 

On the other side, recent modern trends are playing out in a similar way. Example: working from home (WFH) could be harder than working in an office. I picture the percentage of WFH success correlating with the percentage of new business success = 20% fail in the first year and they fail for similar ‘grinding is hard’ type reasons.  

What could help job seekers the most?

This one is not for me to answer here and I’m confident Andrew’s perspective on this question is worth hearing out. Reality = what sounds good, works in theory, and what actually works tends not to be the same thing. Andrew is coming on to share his take on what actually works.