The Job Market

The Job Market

Whether you are looking for work, planning a career change or seeking out alternative work places, understanding the job market will better equip you for the process.


Finding current information and staying up to date with market changes can improve your chances of getting hired and help you make informed decisions.


INDUSTRY DEMANDS

Do your homework into the current industry demands and see what industry stands out or aligns with you best before you consider a change in career direction.

Recent research suggested the following top IN-DEMAND industries for 2023 are;

  • TECHNOLOGY 
  • FINANCE
  • CONSTRUCTION & PROPERTY 
  • ENGINEERING 
  • ENVIRONMENT & SUSTAINABILITY 
  • BUSINESS SUPPORT SERVICES
  • TRAVEL INDUSTRY
  • HEALTH & LIFESTYLE 

WHEN IS THE PERFECT TIME TO SEEK WORK OR CHANGE CAREER PATHS?

Well, to answer this question simply, there is no time like now when it comes to looking for a new job.

Often there are reasons for individuals to put job hunting on hold - for the interim at least.

And then there are reasons for some, to make it happen - now.

You personally need to work out your pro's and con's and consider some of these factors whilst doing your pro's and con's list:


SOME EXAMPLES WHY PEOPLE MAY WANT TO LEAVE THEIR CURRENT JOB;

  • Feeling stale in their current job role and ready for fresh beginnings.
  • Lack of alignment with the team... or the Boss...or the work.
  • Looking for career advancement that is not available in the current workplace.
  • Not feeling comfortable with the company's future growth strategy or direction,
  • Turned down for a promotion - for any reason.
  • Feeling undervalued or unappreciated for your contribution.
  • ...And so many more...


DON'T WAIT 'TILL YOU HATE IT:

I highly recommend moving on whilst you are still happy! There is nothing worse than feeling that deep pit of misery in your gut every day, when you must drag yourself to a job that you absolutely hate. Nobody needs to live in that space of misery!

TIMING CAN BE EVERYTHING

The time of year can be very relevant and could greatly depend on the industry you work in.

For example: Looking for a new role in the busy holiday season is ideal for the Retail and Hospitality Industries, but not ideal for those businesses who schedule annual shutdown times during the holiday season.

Another time of year to consider is the End of Financial Year. Prior or post EOFY employment in most Industries, will again be dependent on Industry trends and could be motivated by recruitment budgets.


PERSONAL GOALS AND PLANNING CONSIDERATIONS

Consider your personal 12-month, 3 year, and 5 year goals…

Perhaps you have a holiday pre-booked? Or you are looking to buy a new home? Or perhaps you are planning special event that you need to financially prepare for?

Consider the full impact a new job role will have on you and those closest to you.

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