You’re standing at a crucial juncture in your life, whether you’ve recently lost your job or are suffering from worker burnout and feel trapped. Deciding what to do next will take some soul-searching. You’re probably asking yourself whether to stay in the same field, venture down a new career path or focus on developing in-demand skills.
You get to answer these questions and control what happens next. There are opportunities ahead — you just may have to try a new approach. It starts with asking those hard questions, evaluating your goals and defining what you're good at.
If you are unsure where to start to figure those things out, we’ve got some insights to help you navigate your future.
The State of Employment: Layoffs and Job Growth
So, what does the job market look like right now? It’s a mixed bag. The year started with strong job numbers and low unemployment, but the country isn’t immune from layoffs. According to Layoffs.fyi, more than 128,000 people have lost tech jobs so far in 2023. Other companies are also cutting jobs to operate leaner in the year ahead.
Losing your job is an emotional time, but there’s good news: A recent study from the Pew Research Center revealed that half of the workers who changed jobs saw an increase in earnings of nearly 10%. Another survey found that nearly one-third of workers taking on new roles made 30% more.
If you’re still employed but experiencing worker burnout, you don’t have to stay in a job that’s not for you. LinkedIn recently published data about in-demand careers. They include roles in revenue operations, human resources, transportation, sales, health care, marketing, technology, design and customer success.
If a career change sounds appealing, you’ll want to consider the roles that have the most potential and align with your skills, attributes, passions and goals. Focus on what you’re good at and work you find meaningful and that will meet your work-life goals. Using learning and development software helps you uncover careers you may not know exist and allows you to set and monitor work-life goals.
What Job-Seeking Looks Like Now
Whether you haven’t looked for a job in a few years or it’s been more than 10, the environment has evolved. The pandemic, the Great Resignation and a new generation entering the market have disrupted the idea of work, including where you do it and what makes you a good hire. Many companies have shifted their focus to skills-based hiring. These companies want individuals with certain attributes and often prioritize that over a specific degree or years of experience.
As you once again become a job seeker, here are some tips to keep in mind:
- Be willing to learn and grow. This attribute is desirable to employers. A survey found this soft skill to be a priority for 81% of businesses. You don’t have to know everything — you just need to be adaptable and open-minded.
- Research what skills are in demand. You’ll find that most of these are soft skills and include communication, collaboration, adaptability, creativity and curiosity. Define which of these you have and others you want to improve and how they correlate to the jobs you want.
- Revamp your elevator pitch. Focus on your skills, passions and what makes you uniquely you.
- Invest in yourself and your future with learning and development software. These platforms are essential tools that help you connect all the dots. You can review what technical skills that are in demand, the education you need to achieve them and what their “return” is in the working world. This expert advice empowers you to plan what’s next with a complete set of information.
pepelwerk: the Learning and Development Software Solution for You
We do things differently at pepelwerk. Our people-centered technology allows you to benefit from resources and advice to go after your next job, so you can heal from worker burnout. Experienced professionals and educators are here to support you as you turn turmoil into opportunity.
In addition to learning and development, you can find roles without a resume or application. pepelwerk matches you with employers with the power of artificial intelligence based on attitude, attributes and abilities.
See how it works by watching the video. Then start now by creating an account.