The current job market is characterized by delay and hesitation, as companies extend the time to fill open roles. Recent data indicates that less than half of jobs from Russell 3000 companies were filled in six months, a stark contrast to 91% in 2019. The white-collar sector, particularly tech, suffers amid uncertainty fueled by external factors such as trade wars. Although unemployment rates remain low, many job seekers find themselves in difficult situations, navigating the challenges of rejection and settling for less desirable roles.
The job market is experiencing a 'wait-and-see' period, with fewer than half of job postings being filled within six months, creating uncertainty for job seekers.
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