Career change brings excitement because of the higher salary, different workplace environments, and potential career advancement. The Great Resignation is a term coined at the height of Covid-19 when many people resigned. Even as predictions of an impending economic recession rise, many individuals are still contemplating whether now is still a good time to test the job market. Workers continue to leave their place of employment in record numbers. In the United States alone, 4 million workers resigned in April.
With inflation climbing to a 40-year high, and the price of goods and services negatively impacting the finances of households and companies around the world, there has been a shift in the job market. Hiring freezes are becoming more common each week. Big companies like Microsoft and Twitter are either slowing hiring or putting hiring freezes in place. Netflix announced the second round of annual employment layoffs, affecting about 300 people.
In this episode, we discuss how the labor market has been impacted by the changes in consumer behavior and factors to consider before switching jobs in this environment. Join our hosts, wealth manager Lee Michael Murphy and career advisor Sergio Patterson. Tune in to this week’s episode of The Free Retiree Show.
What you’ll learn in this episode:
S1 EP92: Implementing Effective Long-Lasting Changes in Your Personal & Professional Life with Friska Wirya
S1 EP91: The Value of Passion and Purpose in Achieving Success w/Brian Burke
S1 EP90: Maximize Your Earning Potential with Sergio Patterson
S1 EP89: The Future Economy & Pursuing a Career in STEM with Justin Shaifer
S1 EP88: Advanced Tax Planning and Strategies with Mike Jesowshek
S1 EP87: The Importance of Networking with CFO Robert Bendetti
S1 EP86: The Current State of Social Security & Your Retirement with Prof. Laurence Kotlikoff
S1 EP86: The Current State of Social Security & Your Retirement with Prof. Laurence Kotlikoff
S1 EP85: Making Your Resume & Interview Memorable with Stephanie Nuesi
S1 EP84: Job Search 101: Leveraging Your Network with Trevor Houston
S1 EP83: Nailing Your Job Interview with Lakrisha Davis
S1 EP82: Making Big, Crazy Dreams a Reality with Jeremy Schneider
S1 EP81: How to Deal with Student Loan Debt: The Smart and Effective Way with Atty. Joshua Cohen
S1 EP80: The Importance of Having Soft Skills in the Workplace with MIT instructor Mark Herschberg
S1 EP79: Retirement Planning to Overcome the Threats Facing the US Economy with Prof. Laurence Kotlikoff
S1 EP78: How Women Can Find Their Voices and Be Heard in Corporate America with Rehmat Kharal
S1 EP77: Can You Afford to Go on Vacation? Financial Questions to Answer Before Taking a Vacation
S1 EP76: Success Mindset: The Habits and Traits of Successful People with Simon Parsons
S1 EP75: Value Pricing: A Business Model That Leads to Success with Ron Baker
S1 EP74: Biggest Investor Mistakes With Lee Michael Murphy
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