01 Jan The 2023 Job Market
The investors and shareholders still expect a profit, so it’s usually the employees who bear the brunt of a bad economy. Some companies follow a tenure protocol, i.e., last one hired, first one fired. Others will use the first and second round of layoffs to purge the dissidents, i.e., people who aren’t well-liked by management or who speak their minds rather than “going along to get along.” I don’t agree with these practices, to be clear. I’m trying to warn people so they understand how Corporate America truly operates. To sum it up: as the economy goes down, unemployment goes up. It becomes harder to find a job if you need one and the competition for what’s available becomes intense.
I was interviewed by Featured Magazine to discuss what I see coming for the 2023 job market and why I feel it’s so important to have a job loss survival plan in place. You can read the full article here: