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Forbes
7 days ago
- Business
- Forbes
How To Talk About Your Layoff Without Damaging Your Career
Layoffs eliminated over 221,000 jobs in Q1 2025, hitting government, tech, retail, accounting, ... More manufacturing and logistics sectors the hardest. Layoffs continue to impact a range of sectors with large-scale ripple effects, hitting government, tech, retail, accounting, manufacturing and logistics the hardest. More than 221,812 jobs were eliminated within the first quarter of the year. Economists at Deloitte have cited ongoing economic turmoil, federal funding cuts, tariffs, decelerated consumer spending, AI's widespread impact and cost-cutting measures as contributing factors. According to Clarify Capital's 2025 survey of 1,000 Americans, one in three people have anxiety about layoffs. Building job security and 'career insurance' for ourselves involves preparing for layoffs, including knowing how to talk about being laid off. Here are three tips to help you navigate this challenging situation—including 6 ways to discuss your layoff positively. When Layoffs Hit, Separate Role Elimination From Personal Performance The first thing to do is make sure you don't internalize your layoff as something that reflects poorly on you personally. Layoffs are business decisions that are fundamentally different from firing someone for poor performance. Mass layoffs impact multiple teams or departments—often stripping teams down to a 'skeleton crew' or eliminating them entirely. When layoffs occur across the board, companies are making structural changes—not assessing individual skill, ability or value. The first negotiation is with yourself: don't conflate the elimination of your role with personal performance issues. If you do, this will negatively impact how you position and present yourself for your next role. Take Time To Regroup Before Going Full-Force With Your Job Search You may feel the temptation to dive straight into a full-on job search. Resist that urge. If you don't take the time to process what happened and determine how you will intentionally move forward, you will continue to operate in a reactionary state of 'fight or flight,' which does not bode well for a successful job search. Take what time you can to regroup. Decide on a timeline and create a structure for this period of strategic reflection and planning to make the most of it. If you absolutely cannot take weeks to plan your next career moves, build in 'micro' breaks daily to process your emotions and avoid bottling them up. Even five or fifteen minutes a day to ground yourself and ensure that you don't internalize your layoff as a judgment on—or reflection of—you personally will help sustain your transition into your next role. Taking the time to prevent emotions from negatively impacting your job search will pay off as you transition into full-on job searching when it's time. How To Talk About Your Layoff When you share with your network that you're available for new opportunities, you don't need to mention the layoff unless the topic comes up naturally. However, if you're asked directly about why you left your previous role, be honest—never hide or lie about it. If you do discuss the layoff, frame it properly. Instead of saying, 'I was laid off,' or 'I was let go,' try: 'My role was eliminated as part of a company-wide restructuring,' 'My position was eliminated during a departmental reorganization,' or 'The organization underwent strategic changes that impacted multiple departments.' You can also reference business model changes or external forces: 'The company pivoted their business model and underwent a full reorg,' 'Due to industry changes, the company restructured several teams,' or 'The company underwent a merger and consolidated roles across departments.' The bottom line: layoffs reflect company-wide changes, decisions and shifts—not individual performance. Your Layoff Is Redirection, Not A Setback Layoffs have become an unavoidable reality in today's working world. While you can't control when they happen, you can still control your ability to process, respond and frame the experience of a layoff—both to yourself and to others. As anxiety-provoking and destabilizing as navigating layoffs may feel, what you offer the world through your efforts and labor is far greater than any one job or role. Sometimes external factors force our hand and push us toward opportunities that align better with our path. The unknown can be terrifying, even paralyzingly so. Yet it may also reveal possibilities that are perfectly suited to where you're meant to be—opportunities you might never have pursued otherwise.
USA Today
27-05-2025
- Business
- USA Today
Americans want to move to this European country, new survey says
Americans want to move to this European country, new survey says Show Caption Hide Caption Tariffs are pushing Americans to cut costs A new survey from Clarify Capital shows 39% of Americans are taking on side jobs to help absorb tariff-induced price hikes. Scripps News American visitors have flocked to Portugal in record numbers in recent years, and a new report indicates that more travelers could be there to stay. Expatsi, a travel company for those looking to emigrate, conducted a survey of more than 116,000 Americans to determine which countries are the most desirable to those looking to move out of the United States. Visitors to Expatsi's website answered the 20-question assessment based on factors like preferred climates, monthly budget and languages. Using publicly-available data, the survey generates top suggested countries for the prospective expatriates. After that, respondents can indicate which countries they're most interested in moving to. Portugal was the No. 1 country request for Americans, according to the survey results. Several other popular European nations also made the list. Here's a look at the data. Which countries do Americans want to move to? See 2024 survey results After completing Expatsi's survey, the following countries were the most requested spots for Americans to move to: Portugal Spain United Kingdom Canada Italy Ireland France Mexico New Zealand Costa Rica Why are Americans choosing to move out of the country? Expatsi's survey also tracked prospective movers' top reasons for wanting to leaving the U.S. The top reason people reported wanting to move abroad was for adventure, enrichment or growth – 61% of survey respondents chose that reason. More than half of survey respondents respectively also selected political reasons, like ultraconservatism and divisions around the country. More Americans are visiting Portugal than ever: report Portugal has become a hotspot for American tourists, according to reports. Reuters, citing data from the National Statistics Institute, reported that more than 140,000 Americans visited Portugal in November 2023, marking a monthly record. Melina Khan is a national trending reporter for USA TODAY. She can be reached at
Yahoo
20-05-2025
- Business
- Yahoo
7 Best Industries To Find a Job With High Demand and Wage Growth
In spite of rising wages, many Americans are worried about their future in the job market right now. Roughly 33% of Americans reported 'layoff anxiety,' while 25% said they feel insecure about their job because of the current economic climate, a survey by lending firm Clarify Capital revealed. Half of American workers are looking to change industries, according to a separate report from Explore Next: Try This: The good news is that workers in certain sectors and those willing to change industries, will find plenty of opportunities for jobs with average hourly wages over $20 an hour, according to research from Talroo and Resume Now. Below are the seven industries with both the highest demand and wage growth. Industry Avg. Hourly Wage (Q1 2025) Wage Growth (%) 1) Trucking $25.49 16% 2) Warehousing $19.78 15% 3) Administrative $22.13 10% 4) Customer service $19.15 10% 5) Caregiving $16.82 8% 6) Retail $17.44 7% 7) Allied healthcare $33.80 3% 'Despite continued uncertainty across sectors and broader economic concerns, the need for skilled frontline workers remains strong — and in many industries, it's growing,' Thad Price, CEO of Talroo, said in the Top Frontline Industries by Demand and Wage Growth: Q1 2025 report. Using data from Talroo, Resume Now broke down some of the industries with the largest demand right now, based on the number of applicants compared to the number of job postings. Trucking remains a secure industry, for now and happens to have both the largest talent gap and the highest wage growth of 16%. For You: Not surprisingly, high-pressure fields like allied healthcare, caregiving and customer service held spots two through four in terms of talent gaps, with retail coming in not far behind in the sixth slot. While healthcare showed the smallest increase in wages, a mere 3%, it's also the highest paying industry on the list, with an average hourly wage of $33.80. When you're changing industries, evaluate your existing skillset and consider areas where you might need additional training. For instance, if you're entering the field of healthcare or even upper-level caregiving, like a Home Health Aide or Certified Nursing Assistant, you might need specific degrees or certifications. 'It can vary by industry and by role,' said Keith Spencer, certified professional resume writer (CPRW) and Resume Now career expert. He advised considering skills you might be lacking and work on diversifying your skillsets to make yourself as marketable as possible. 'A lot of people focus too much on one narrow track and then find out they're missing pieces that could potentially help their job search,' he added. Spencer said it's important to know your audience as you tailor your resume for a specific role or job application. 'Your audience is the recruiters and hiring managers looking to fill the roles you're targeting. You want to read job descriptions carefully, find out what your audience wants and then show them you have a substantial portion of what they want,' he said. In areas you may be lacking, consider volunteer work, freelancing or gig work or classes that can fill in those knowledge and experience gaps. Spencer emphasized the importance of transferable skills from past job titles and also soft skills that are important in virtually any industry. He recommended adding a 'Professional Summary' at the top of your resume that is tailored directly to the job description. Below that, Spencer said, jobseekers can add a 'Highlighted Accomplishments' section that demonstrates special training and skills, courses you've taken and bullet-point examples demonstrating how you've applied your soft skills in past jobs. 'Those are the two big [areas of a resume] I'd leverage a career-changer,' he said. More From GOBankingRates 5 Luxury Cars That Will Have Massive Price Drops in Spring 2025 7 Luxury SUVs That Will Become Affordable in 2025 9 Downsizing Tips for the Middle Class To Save on Monthly Expenses Clarify Capital, 'How Layoff Anxiety Is Reshaping Job Security in 2025.' 'The Great Resignation Rush: When Americans Are Most Likely to Quit Their Jobs.' Thad Price, Talroo Resume Now, 'Top Frontline Industries by Demand and Wage Growth: Q1 2025 report.' Keith Spencer, Resume Now This article originally appeared on 7 Best Industries To Find a Job With High Demand and Wage Growth Sign in to access your portfolio
Yahoo
20-05-2025
- Business
- Yahoo
7 Best Industries To Find a Job With High Demand and Wage Growth
In spite of rising wages, many Americans are worried about their future in the job market right now. Roughly 33% of Americans reported 'layoff anxiety,' while 25% said they feel insecure about their job because of the current economic climate, a survey by lending firm Clarify Capital revealed. Half of American workers are looking to change industries, according to a separate report from Explore Next: Try This: The good news is that workers in certain sectors and those willing to change industries, will find plenty of opportunities for jobs with average hourly wages over $20 an hour, according to research from Talroo and Resume Now. Below are the seven industries with both the highest demand and wage growth. Industry Avg. Hourly Wage (Q1 2025) Wage Growth (%) 1) Trucking $25.49 16% 2) Warehousing $19.78 15% 3) Administrative $22.13 10% 4) Customer service $19.15 10% 5) Caregiving $16.82 8% 6) Retail $17.44 7% 7) Allied healthcare $33.80 3% 'Despite continued uncertainty across sectors and broader economic concerns, the need for skilled frontline workers remains strong — and in many industries, it's growing,' Thad Price, CEO of Talroo, said in the Top Frontline Industries by Demand and Wage Growth: Q1 2025 report. Using data from Talroo, Resume Now broke down some of the industries with the largest demand right now, based on the number of applicants compared to the number of job postings. Trucking remains a secure industry, for now and happens to have both the largest talent gap and the highest wage growth of 16%. For You: Not surprisingly, high-pressure fields like allied healthcare, caregiving and customer service held spots two through four in terms of talent gaps, with retail coming in not far behind in the sixth slot. While healthcare showed the smallest increase in wages, a mere 3%, it's also the highest paying industry on the list, with an average hourly wage of $33.80. When you're changing industries, evaluate your existing skillset and consider areas where you might need additional training. For instance, if you're entering the field of healthcare or even upper-level caregiving, like a Home Health Aide or Certified Nursing Assistant, you might need specific degrees or certifications. 'It can vary by industry and by role,' said Keith Spencer, certified professional resume writer (CPRW) and Resume Now career expert. He advised considering skills you might be lacking and work on diversifying your skillsets to make yourself as marketable as possible. 'A lot of people focus too much on one narrow track and then find out they're missing pieces that could potentially help their job search,' he added. Spencer said it's important to know your audience as you tailor your resume for a specific role or job application. 'Your audience is the recruiters and hiring managers looking to fill the roles you're targeting. You want to read job descriptions carefully, find out what your audience wants and then show them you have a substantial portion of what they want,' he said. In areas you may be lacking, consider volunteer work, freelancing or gig work or classes that can fill in those knowledge and experience gaps. Spencer emphasized the importance of transferable skills from past job titles and also soft skills that are important in virtually any industry. He recommended adding a 'Professional Summary' at the top of your resume that is tailored directly to the job description. Below that, Spencer said, jobseekers can add a 'Highlighted Accomplishments' section that demonstrates special training and skills, courses you've taken and bullet-point examples demonstrating how you've applied your soft skills in past jobs. 'Those are the two big [areas of a resume] I'd leverage a career-changer,' he said. More From GOBankingRates 5 Luxury Cars That Will Have Massive Price Drops in Spring 2025 7 Luxury SUVs That Will Become Affordable in 2025 9 Downsizing Tips for the Middle Class To Save on Monthly Expenses Clarify Capital, 'How Layoff Anxiety Is Reshaping Job Security in 2025.' 'The Great Resignation Rush: When Americans Are Most Likely to Quit Their Jobs.' Thad Price, Talroo Resume Now, 'Top Frontline Industries by Demand and Wage Growth: Q1 2025 report.' Keith Spencer, Resume Now This article originally appeared on 7 Best Industries To Find a Job With High Demand and Wage Growth Sign in to access your portfolio
Forbes
08-05-2025
- Business
- Forbes
The Job Market Is Weird Right Now—Here's How New Grads Can Still Win
The Class of 2025 faces a job market shaped by AI, inflation fears and hiring shifts. Learn which ... More industries are growing, what skills matter now and how to land your first job. The Class of 2025 is walking off the graduation stage and into one of the most volatile job in years, one shaped by economic uncertainty, AI disruption and shifting employer expectations. Hiring projections for the class of 2025 are up slightly, by 7.3% compared to last year's class, according to the National Association of Colleges and Employers, but people aren't feeling especially optimistic. The Federal Reserve Bank of New York's March Survey of Consumer Expectations shows the perceived probability that unemployment will rise in the next year jumped to 44%, the hmarkets ighest level since the early days of the pandemic in April 2020. The share of households expecting a worse financial situation also rose to 30%, the highest since late 2023. In this landscape, traditional entry-level jobs are being redefined—or disappearing altogether. In a Clarify Capital survey of 1,011 employed Americans, including 44% in executive leadership, 86% of executives said they plan to replace entry-level roles with artificial intelligence. Nearly 1 in 6 had already begun doing so, and 1 in 12 said their companies had stopped hiring for entry-level positions altogether due to AI advancements. What used to be entry-level now comes with upper-level expectations, as even first jobs require sharper skills and faster thinking than before, experts say. While the overall outlook may seem murky, opportunity is far from extinct. Data from the U.S. Bureau of Labor Statistics shows growth in healthcare, education, professional and business services, and skilled trades. Experts add that some sectors aren't just hiring, they're evolving to create entirely new kinds of roles. 'Healthcare, green energy, cybersecurity, data analytics and compliance roles are expanding across sectors,' says Kelsey Szamet, partner at Kingsley Szamet Employment Lawyers, a firm specializing in workplace rights and employer compliance. 'Employment law is seeing growth as companies navigate changing workplace regulations, offering opportunities not just for legal professionals, but also for roles in HR, policy and compliance.' Daniel Wood, founder of DM Estate Staffing, sees strong demand in high-end hospitality, logistics and healthcare support. 'Be open to roles that might not look glamorous if they put you close to decision-makers and they open doors,' Wood says. 'They can lead to surprising growth.' Artificial intelligence has slipped out of the server room and into the job description, quietly reshaping what it means to start a career. The shift isn't simply a matter of vanishing roles, it's the slow rewiring of responsibility itself, where even entry-level positions now demand a fluency in tools, judgment and adaptability that once took years to cultivate. 'AI isn't eliminating entry-level positions, it's elevating them,' says Julio Casado, co-founder of Digital Marketing Career Lab and Full Funnel Growth. 'When routine tasks are automated, entry-level employees deliver midlevel value, dramatically accelerating their path to mastery and advancement.' Szamet agreed that AI's rise doesn't mean the end, it means a shift. 'Graduates with strong critical thinking skills, flexibility and communication skills will still be in demand,' she says. 'Those who welcome AI as a tool, rather than fearing it, stand to thrive.' Employers are also increasingly prioritizing what you can do over what your degree says. 'Skills-based hiring has made the resume nearly obsolete,' Casado says. 'Employers aren't looking for certification badges, they want evidence you've applied your skills to achieve measurable results.' That evidence could be a portfolio, a GitHub repository, a LinkedIn endorsement or just a clear story about how you solved a problem. 'Skills-based hiring is becoming ever more common,' Szamet says. 'Graduates are advised to highlight specific competencies, such as data analysis, content creation, language skills, coding, along with real examples of application.' And don't underestimate AI's role in hiring itself. Lindsey Zuloaga, chief data scientist at HireVue, says that nearly half of HR professionals now use AI-powered assessments in their hiring process. 'They help hiring teams make decisions based on merit, not just well-crafted resumes,' Zuloaga says. In a job market where AI handles the first screening and hundreds of applicants line up for each role, grads need strategy, not spam. 'Tailor all materials,' Szamet says. 'A standard resume or boilerplate LinkedIn profile does not cut it. Show you've done extensive research on the organization, understand the position and have unique contributions to share.' Casado recommends that grads link their learning to real outcomes. 'Employers aren't looking for perfection,' he says. 'They're looking for people who've done something—anything—that shows drive, skill and results.' Zuloaga suggests graduates rely on the STAR method when preparing for interviews: lay out the situation to give context, define the task to explain your responsibility, walk through the action you took to solve the problem, and finish with the result, ideally something measurable. This framework helps candidates move beyond vague claims and offer clear, concise narratives that highlight impact. 'Also, don't be afraid to call out how your experience in one field applies to the new role you're targeting,' she says. And above all, be ready to fail a little. 'There are massive numbers of applicants for every role,' Zuloaga says. 'Don't get too discouraged if it takes more applications than you expected. Employers are being pickier, but skilled workers are still needed.' No one wants to earn less, but taking a lower starting salary can be a smart move if there's room to grow. 'For many grads, yes,' Szamet says. 'A slightly lower starting salary may be worth it if the company offers mentorship, upward mobility or equity opportunities.' Casado recommends researching companies' employee development programs and tracking how past entry-level hires have progressed. 'The ideal position combines competitive compensation with real advancement opportunity,' he says. 'Settling for less in either category creates a deficit that compounds over your career.' Even smart, qualified grads fall into common traps. Experts say the most avoidable missteps are applying to too many jobs with the same generic resume and ignoring your network. 'Many grads underestimate the importance of networking and rely too heavily on job boards,' Szamet says. 'Relationships matter. Reach out to alumni, attend virtual events and follow up with thoughtful questions.' Casado put it bluntly: 'The degree alone stopped being enough years ago. The fastest way to stand out isn't to game the system. It's to get better at the game.'
