🔍Job openings are plentiful, but actual hires are down.
⚠️It's not advisable to quit your job right now, if it's tolerable.
📉There is a hangover from the great resignation, leading to stagnating wages and inflation.
💼Staying where you're at might be the safe play, considering the low hiring rates.
📈The upcoming election could be a major indicator for the job market.
Is it a good time to quit my job?
—No, unless your options are limited. It's advisable to wait and see how the job market evolves.
Why are there many job openings but less hiring?
—It's possible that companies are collecting applications without actually hiring for all the positions.
What is the great resignation?
—The great resignation refers to a wave of employees leaving their jobs due to various reasons.
Are wages stagnating?
—Yes, there is evidence of stagnating wages in the current job market.
What should I consider before quitting my job?
—Consider your options, the current hiring rates, and wait for indicators like the upcoming election before making a decision.
01:14Actual hiring is down despite the abundance of job openings.
01:34There is a hangover from the great resignation, resulting in stagnating wages and inflation.
01:55Staying where you're at might be the safe play considering the low hiring rates.
02:06The upcoming election could be a major indicator for the job market.
02:40It's not advisable to quit your job right now. Wait and see how the job market evolves.
