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Business August 22, 2021 2 mins read

Job Openings Hit An All-Time High of 10.1 Million, A Chance to Switch Your Career

Business ı By Rochdi Rais

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Looking-for-a-job

Since Covid-19 first appeared in 2020 millions of people across the globe lost their jobs. However, with the economy reopening, the “Now Hiring” signs are all over the United States. For some workers, this might be a good chance to switch careers.

Although millions of Americans are still unemployed, with many being long-term non-unemployed, several industries are still hiring as they didn’t meet the demands. In July, the unemployment rate plunged to 5.4% but it still higher than the pre-pandemic era.

Nonetheless, the job openings rose to an all-time high of 10.1 million at the end of June, according to the Bureau of Labor Statistics (the data lags the unemployment report by one month.) That means there’s roughly one unemployed person per open job, according to the data.

Seek the industry not only the job

Now this doesn’t mean that your industry is included in the job openings. Before starting the search journey for a new job, doing a research about your industry is an important step, experts say.

“Nationwide, there are two active online applications for every unemployed American right now, but that’s not the case everywhere,” said Julia Pollak, chief labor economist at ZipRecruiter.

For now, hospitality, leisure or other service industry employees have bigger chances of finding jobs compared to other sectors.

If you’re seeking a new job in a field that demands workers, than the pandemic will help you negotiate better according to Paul Wolfe, senior vice president of human resources at Indeed.

“The pandemic has shifted our perspectives on what’s important,” he said. “Job seekers have wanted it for a while, and now they’re going to get it.”

In other words, seeking a new job can include seeking higher salary, more vacation time or flexible remote work, according to Wolfe.

In the interview process, he recommends asking questions to ensure the company will give you what you want, especially around greater flexibility for remote work, which is a top characteristic people are looking for.

 

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Rochdi Rais

Rochdi Rais is the Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.

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