Economist warns that the soft landing of the job market is at risk

At Extreme Investor Network, we understand how challenging it can be to navigate the job market, especially in today’s competitive landscape. That’s why we’re here to provide you with expert advice on how to pivot your career and thrive in sectors that are still hiring.

According to Nick Bunker, Economic Research Director for North America for Indeed Hiring Lab, the U.S. labor market is showing some red flags, with job growth slowing and the unemployment rate increasing. However, there are still sectors that are hiring and opportunities for job seekers to transfer their skills into different fields.

In a recent report from the Bureau of Labor Statistics, key sectors like health care, construction, and government have been consistently adding jobs. Julia Pollak, chief economist at ZipRecruiter, highlights the demand in government jobs, health-care jobs, and construction as areas of growth in the labor market.

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If you’re considering a career pivot, health care is a promising industry to explore, with high demand for roles like registered nurses and nursing assistants. Additionally, training in skilled trades, such as electricians and HVAC technicians, can lead to job opportunities with rising wages.

To pivot successfully, it’s important to assess your transferrable skills and consider industries and occupations that align with your experience. Tailoring your resume, browsing job listings, and utilizing AI tools can help you stay competitive in the job market.

At Extreme Investor Network, we’re dedicated to helping you make strategic career moves and find success in the ever-changing job market. Stay tuned for more tips and insights on personal finance and career development.

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