If you’re considering a job change, it’s important to assess the current labor market conditions. According to labor market analysts, unless you’re in a booming field like artificial intelligence, staying in your current role might be the wisest choice unless there’s a risk of layoffs or dissatisfaction. In the third part of Business Insider’s series on major life decisions during periods of significant policy-driven change, the focus is on whether now is an opportune time to switch jobs. Key factors to consider include a decline in overall job openings, the slowest hiring pace in about a decade, and employer uncertainty due to tariffs and interest rates. This has led to a ‘paralyzed’ labor market, as described by Cory Stahle, an economist at the Indeed Hiring Lab. For those contemplating a move, Susan Peppercorn, an executive coach, advises evaluating your network strength, field-specific job postings, and your employer’s performance. While white-collar and blue-collar job openings have decreased, demand in healthcare and construction remains steady. If you’re unhappy or at risk in your current role, consider skill development or internal transfers. Networking and showcasing your uniqueness are crucial in a competitive job market.
— new from Business Insider
