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Workers want to change jobs in challenging employment market

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Millions of workers embarked on job-hopping journeys, enticed by plentiful opportunities and substantial pay raises offered by companies eager to hire.

However, the landscape for salaried, white-collar positions has cooled since then, but the desire for change among workers remains fervent.

A recent LinkedIn survey of 1,000 U.S. professionals indicates that approximately 85% are contemplating a job switch this year, a significant increase from the 67% recorded a year earlier.

Job seekers actively exploring new opportunities are discovering that their leverage in negotiations has diminished compared to the recent past.

Data from job boards suggest that companies are now extending less generous compensation packages and reduced flexibility to new hires.

Negotiations over benefits like additional vacation time are also seeing stricter limits imposed by employers.

Job offers

However, securing an offer has become more challenging for many, especially in white-collar fields like finance, marketing, and software development.

According to data from Indeed, the number of job listings in these sectors has fallen below pre-pandemic levels.

On LinkedIn, there is now one job opening for every two applicants, a noticeable shift from the situation a year ago when jobs outnumbered applicants two to one.

The result is a growing sense of stagnation among many workers, contributing to increased job dissatisfaction.

Pay raises

While grappling with questions related to work-life balance and facing inflation erasing recent pay raises, employees are also being urged by their employers to do more with less.

Gallup’s latest survey data reveals a decline in job engagement among U.S. workers in the latter half of 2023, following a slight improvement in the first half.

Catherine Fisher, a LinkedIn vice president tracking job trends, commented, “The pendulum has swung back, and the power is in the hands of the hiring managers.”

Job offers are increasingly less lucrative across the U.S. workforce.

Workers who changed jobs in August 2022 enjoyed an average pay increase of 8.4%, significantly higher than the 4.9% raise for those who remained in their positions, as reported by the Federal Reserve Bank of Atlanta.

However, by the past month, the average pay bump for job-switchers had dropped to 5.7%, compared to 4.9% for those who stayed put.

In a job market marked by shifting dynamics and heightened competition, adaptability and perseverance have become key attributes for those seeking new opportunities in their careers.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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RBA rate shock: ASX200, Gold and Crypto market

RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.

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RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.


The RBA’s latest interest rate decision has sent ripples through the ASX200 and AUD, leaving investors weighing what comes next. We break down how these changes could affect global equities ahead of this week’s crucial non-farm payroll and consumer price index releases.

Zoran Kresovic from Blueberry Markets shares his analysis on the rebound in gold and silver after recent market turbulence, and what factors could drive further gains or sell-offs in the commodities market.

We also dive into the current state of cryptocurrencies, exploring how investors can navigate volatility and what to watch as economic data continues to shape market sentiment.

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#RBA #ASX200 #GoldMarket #SilverRebound #CryptoUpdate #InvestingTips #MarketVolatility #EconomicOutlook


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Dow hits record while tech stocks drive market gains

S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.

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S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.

The S&P 500 rose 0.7% on Monday, powered by gains in technology stocks, while the Dow Jones Industrial Average hit new heights. Investors are eagerly awaiting crucial economic reports this week.

Nvidia and Broadcom were among the standout performers, climbing 3% and 4% respectively, continuing the momentum from the previous session. The market rebound comes after significant losses earlier last week, with the Dow exceeding 50,000 for the first time ever on Friday.

Investors now turn their attention to the delayed January jobs report from the Bureau of Labor Statistics, due Wednesday, and the consumer price index for January, expected Friday with a 2.5% annual rise.

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Tech stocks slide as investors rotate into small-cap and value plays

Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

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Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

U.S. equity markets wrapped up a turbulent week with mixed results. The Nasdaq Composite fell 1.84%, marking its worst week for large-cap technology stocks since November, while the S&P 500 remained largely unchanged. Investors are weighing concerns about artificial intelligence and potential overinvestment in high-growth areas.

Meanwhile, smaller-cap and value-oriented stocks continued to add to their year-to-date gains. Market participants rotated into cyclical sectors that had lagged, reflecting a shift in investor sentiment and appetite for risk outside the traditional tech heavyweights.

Analysts say this rotation highlights the broader market’s evolving dynamics, as growth concerns collide with opportunities in underappreciated areas. Stay tuned for further developments as the market digests these trends.

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