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- US job growth at lowest since 2020
US job growth at lowest since 2020
US job growth at lowest since 2020
📊 The Labor Department announced last week that US employers added 209,000 jobs in June, the smallest gain in more than two years.
Although unemployment fell to 3.6%, down from 3.7% in May, the number of new jobs was lower than expected, according to the BBC.
So where are the high-paying tech and engineering jobs?
There are still some out there, with companies like Microsoft and Google's parent company Alphabet still retaining more staff than they had before the pandemic.
And in more encouraging news, it's the people with the right technical skills who are most in demand.
That said, a new report from the Organisation for Economic Co-operation and Development (OECD) recently found that the AI revolution would result in job losses in skilled professions such as law, medicine and finance.
Engineering wasn't directly mentioned but you would assume it would count as a skilled profession.
📈 There was some good news though, as the report mentioned that AI had the potential to eliminate boring or dangerous tasks and create better, more interesting ones instead.
Better keep practicing those prompts...
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Career tips
𐄳 Leveraging your network
When looking for a new job, we really can't recommend getting onto your personal network about potential opportunities enough.
If you have been affected by layoffs, there can also be a sense of shame in asking for help, but there shouldn't be.
Think about when you've helped people out in the past. Chances are, it's more often that you think. Let your ego take a back seat and put that network you've spent your whole working life cultivating, to good use.
Too many candidates delay doing this and waste hours polishing their resumes and looking through endless job listings on LinkedIn.
🤔 Who to think about:
people you've worked with;
directly clients, partners and project stakeholders;
personal friends and acquantances;
recruitment agents and consultants that you've had contact with in the past, and;
people that you've interviewed with/spoken to about open roles previously.
📒 Once you've gone through all of these people, your list of contacts will be a lot longer than you thought it would be.
trending articles
U.S. companies are on a hiring spree for A.I. jobs — and they pay an average of $146,000 - The U.S. is leading the way in artificial intelligence jobs, and many of them easily pay six figures, according to new data from the global job search platform Adzuna.
Forget Barbie: Meet CSIRO's real-life STEM role models - Meet inspiring women in science, technology, engineering and maths (STEM) with Barbie's job titles.
Edge of reason - Each year, approximately 1.5 million engineers enter the job market, but only 20 per cent are successful in securing relevant employment.
The Power of Feeling Truly Known at Work - How known do you feel by those you work with?
How an Olympic swimmer with a 9-to-5 engineering job schedules his day - “It may not be easy, but there is time for everything.”
book recommendation
Precision is the key to everything. It is an integral, unchallenged and essential component of our modern landscape.
The items we value in our daily lives – a camera, phone, computer, bicycle, car, a dishwasher perhaps – all fit together with precision and operate with near perfection. We also assume that the more precise a device the better it is.
But is what precision really? What does it mean, and how and when did it begin to build the modern world?
Simon Winchester takes us on an illuminating — sometimes personal — journey through the invention and perfection of precision.
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