What To Expect In The Job Market In 2024!

What To Expect In the Job Market In 2024. Looking for a new job in 2024? Here's what I expect to see happen for those who are looking for job search advice and tips to take advantage and make 2024 the best year possible!

0:00 - intro
0:48 - hiring forecast
2:50 - layoffs forecast
3:50 - Contract vs full-time roles
5:05 - raises
6:50 - remote work
8:24 - loyalty
9:52 - aging workplace
10:29 - A.I.
11;49 - Land your next job fast

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Are you struggling with your job search? Applying for job after job and not getting any interviews? Perhaps you’ve got a few interviews but always seem to get passed over for the job? Or maybe you’re not satisfied with your current career and want a change. Well, you’ve come to the right place.

As a corporate recruiter with over 20 years of experience hiring thousands of employees at all levels into major corporations, I’m going to spill the beans on how to get noticed by recruiters, start getting more interviews, navigate through each step of the hiring process, and ultimately land the dream job you deserve.

But that’s not all - I firmly believe that to truly experience career success, you need to think bigger. Multiple streams of income and budgeting are crucial to forming a layoff-free lifestyle and helping you achieve your goals.

If these are things you’re struggling with, that’s what I specialize in. I’ve got a website called A Life After Layoff. It’s loaded with tips and tricks for getting noticed, interviewed, and hired by your dream company. Make sure you check it out!

I’ve got weekly videos coming at you, so make sure to subscribe. You won’t want to miss a post. Join me as we explore these things, all from an insider’s perspective!
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[ALifeAfterLayoff]

Ready to take 2024 by the horns? Sign up for my FREE newsletter and learn how to reclaim control of your career and finally achieve freedom!

[CliveBirse]

Have you heard about the unemployment applications surging recently? It's becoming a real concern.

[knowway]

I am the most educated I've ever been and have the most experience I've ever had, yet this is the most difficult job search I have ever had. Getting a job was easier before I even graduated high school.

[donnafromnyc]

Expect condescending, snotty interviews. Expect job descriptions that are nowhere near what the real job is. Expect salaries and contractor rates rolled back to 2008 . Expect free work demanded on the 5-8 interviews before you realize you won't be hired. Expect ghosting as the NORM, from the interview invitation that's never set up after you've responded promptly, to the non-appearance on the call or meeting, to non response to emails and calls, never hearing whether you're proceeding or getting an offer. Oh, and expect getting an offer, getting onboarded, and then let go because the quarterlies stank.

[KinniMoo]

I was laid off and I hadn’t expected it due backing from director. I am at the point of applying for applying for jobs I don’t want making less than I need. My layoff started sept first and I can live ok for 4 more months but I don’t want to wait until I am desperate. Good luck everyone!!! We can do this❤

[jl_]

Have a healthy dose of stoicism. Do everything you can. Don’t stress too hard on what you can’t control. Just because the trends are negative doesn’t mean you won’t get a job. But it will likely take more effort and take longer than expected.

[Jupiterxice]

The companies have broken the trust and loyalty. So loyalty is only goes a far as you're willing to pay me.

[valorjoz]

It seems pretty clear that the shareholders want to run their organizations as minimally staffed as possible, and only after making people jump through 500 hoops, because the next quarterly earnings call is always in sight, and those EPS have to keep going up, at all costs.

Eventually there will probably be another pendulum swing back, but it's going to take a lot of pain, and a lot more jobseekers refusing to play ball with the most egregious offenders.

[Xokzu]

The money issue sadly never will be worked out for us bottom 90%ers

[bri]

Ive been applying since March 2023.. its ridiculous. Plus im trying to switch careers, and these "entry level" jobs want people with all the experience already

[cittidude]

Personally, I think we are heading towards depression 2.0 based on the culmination of events. While I am employed at the moment, that can be subject to change very suddenly and Unemployment will only hold you over for a brief time. It worries me to know that my future could be me as a homeless man in my 50's.

[clouts]

I find it weird that normal media keep saying that companies are missing a lot of workers, but the company isn't filling up the positions.

[MTimWeaver]

Another thing I'm seeing with salaries are job postings that are offering salaries that I got in 2016, but requiring much more in the role. Talk about "shrinkflation"...I'm close to retirement age, but can't. And that's also hurting my chances.

[JustMe]

The layoffs may have been low across all industries, but tech was savaged, as was mortgage to a lesser degree. I lost my job in December of 2022 and it took me until October of 2023 to find a new role (VP-level in tech). I'm in my late 40's and have been working since I was 16 years old. It's never taken me more than 4 weeks to find a job in my life. 2023 was just nuts in the tech sector; if interest rates start coming down again and the VC money starts to flow, it will normalize.

[vetgirl]

I retired last year (22 years at large hospital network). I was told by a co-worker that the hospital will layoff employees later this year. That same organization has layed off employees every year since 2020 in October, before the holidays. This time their doing it after the holidays! 🙄
They mostly layoff the administrative staff, so they burnout the ones that are left behind. Glad I invested well into my pension plan! These hospitals are greedy and ruthless the way they treat their employees!

[slayerpianoman]

Graduated at the end of 2022 from my masters in CompSci but I was switching careers, got some interviews but never made it past the last round. They want experience, experience, experience. I'm trying to get certifications to compete, but money is always the issue. I'm trying to stay hopeful, but it's going to be a rough road I think.

[flyingjeff]

I completed an on line application recently. The job seemed to fit my skills. I got a response within SECONDS saying, "after carefully reviewing your meaning that's how long it took the ATS to figure out my age.

[OhioCentralModeler]

I graduated with an electrical engineering degree in May 2023, an allegedly "in demand" field. 7 months later and there's absolutely nobody willing to hire entry level engineers in my area, and it's just getting worse. Remote jobs have 1k+ applicants and I know everyone's ATS systems are just throwing away my resume locally because they think they'd rather hold out for that experienced person desperate enough to take the entry level pay. I don't know anyone to try and network with, and it just feels like game over.

[chuckchan]

I recently took a new job where they want me to stay long term. Minimum of 5 years. Last guy that left the role...
Was promoted.
And its a 6 figure salary.

Dont lose hope!

[lourdesarocho]

Company I’m working for will be laying off 500 employees I was the first round. I’d rather be the first round in the last round.