Latest news with #Resignation
Business Insider
2 days ago
- Business
- Business Insider
Job searching in 2025? It's a mess no matter how old you are
America may be divided over millennials spending too much on avocado toast, Gen Zers staring into the void, and boomers hoarding their wealth, but there's one thing that every generation can agree on: Career prospects are feeling extra miserable lately. One Gen Xer told Business Insider of when she learned she was laid off, "The day that I got that news, it was like going to the worst surprise party I've ever been to." "My dream job might exist," a frustrated Gen Z job seeker said. "But I'm one of 400 people applying for it." "I keep hearing employers talk about no one wanting to work, and I desperately want to work," said a millennial who struggled to find work for four years. "I can't get someone to ever sit down and talk to me." It all stems from the current economic moment in which companies are hiring at nearly the lowest rate in a decade and are looking to cut costs where they can, but it feels different depending on your career stage and employment situation. In recent months, BI has interviewed fed-up job seekers, laid-off managers, and people working past retirement age to pay the bills. Here's how each generation is experiencing the job market in 2025 — and what they're doing to cope. We want to hear from middle managers, job seekers, and people who've recently landed a job. If you're open to sharing your story, please fill out one or more of the linked Google Forms. Gen Z's entry-level opportunities are drying up The job market for 22- to 27-year-olds with a bachelor's degree or higher " deteriorated noticeably" in the first quarter of this year, the New York Federal Reserve reported. That doesn't come as a surprise to many Gen Z job seekers. "I was applying, and I felt like, 'This is so stupid because I know I'm going to get rejected,'" said 21-year-old Bella Babbitt, a 2024 grad. She said that after completing her bachelor's in just three years, it took her hundreds of applications and months of waiting tables, but she finally landed a role in media strategy by networking with a family friend. "My parents have such a different mindset, where they can't comprehend how we've applied to all these jobs and we're not getting anything," she added. For many of Babbitt's generation, it feels like their traditional pathways to success — a résumé of internships, rigorous classes, and a college degree — aren't translating to stable job offers. Cost-cutting from the White House DOGE office has slashed funding for jobs that ambitious young graduates of earlier generations used to vie for at government agencies, nonprofits, science labs, and public health centers. AI could make it harder to find entry-level options in tech, and law school demand is rising beyond what the industry can support. White-collar roles at many major corporations have been hit by layoffs or hiring freezes. Early 2020s graduates may have fallen into a hot Great Resignation market, but recent grads aren't so lucky. Solomon Jones, 26, said he's been unable to land a sports communications role after graduating in May. With $25,000 in student-loan debt, he's moved back in with his parents while he continues the job hunt. He's trying to cobble together some freelance writing work — at least until full-time hiring picks up. "The goal is to obviously get a job in the sports industry, but realistically, I know that life isn't fair," he said. "So at this point, I'm just trying to find a job, period." Zoomers have a rising unemployment rate and are losing confidence in the payoff of a college education, with some pivoting to blue-collar work. The 22-to-27 recent grad group has had a higher unemployment rate than the overall American labor force since 2021 — reversing the typical trend of young grads outperforming the broader labor market that has persisted through past recessions. "Young people are obviously not one monolithic group. Some are going to college; some started college and didn't finish," Elise Gould, a senior economist at the Economic Policy Institute, previously told BI, adding, "But I don't think people always understand that this is what happens, the sort of 'first hired, first fired' phenomenon." Millennial and Gen X managers are caught in the Great Flattening Olivia Cole, 39, feels stuck after getting laid off from her product support role last October. "As most people can probably relate, it's been difficult finding something that either is an equivalent level or a step up," Cole said. Cole has done everything she believes she's supposed to do: polishing her résumé and LinkedIn profile and building out her network. Even so, she's still looking — something she sees across her cohort. "It does really seem like people are looking for those with a high level of experience or absolute newcomers," Cole said. "And as somebody in the middle, it's been a little difficult, because there's a million of us." Many millennials looking for mid-career opportunities like Cole could be in trouble: A growing strategy of reducing middle management at Big Tech and small businesses alike is focused on cutting bureaucracy and costs. As most managers today are millennials or Gen Xers, as a recent Glassdoor analysis found, they're on the layoff chopping block. The managers who remain are left with a heavier workload, including a rising number of direct reports. Gusto, a small and midsize payroll and benefits platform, found that involuntary manager terminations — firings and layoffs — had greatly affected those ages 35 to 44, rising more than 400% between January 2022 and September 2024. Job postings for management roles on the job-search platform Indeed are also trending downward. Some millennials are finding solace in seeking out others in the same boat: After Giovanna Ventola, 35, was laid off three times in three years, she founded a support group for fellow job seekers called Rhize. She said the majority of group members are over 35; many in that cohort had previously held roles such as director or vice president and were six-figure earners, she said. "They're applying for entry-level jobs because they're at the point where they're like, 'I need to do something," she said. For Gen X, the financial disruption of an unexpected layoff or career pivot can be especially dire: AARP reported in 2024 that a fifth of not-yet-retired Americans 50 and older had no retirement savings. After her second layoff in two years, 53-year-old Hilary Nordland is struggling to pay bills and feels like she will be "working forever." "I should be retiring in 12 years, and there's no way that's going to happen," she said. "I have no retirement savings." Baby boomers increasingly need jobs past retirement age For the past decade, the number of older Americans working full time has been trending upward. BI has heard from thousands of older Americans struggling to afford necessities with limited savings and Social Security. Hundreds have said they are still working full time, have picked up part-time shifts to supplement their income, or are actively looking for work. Herb Osborne, 71, works full time for a small business that makes olive oil and charcuterie accessories and reads financial documents as a hotel auditor on weekends. He said he'd had to continue working two jobs to afford the Bay Area's cost of living. "Financially, for me, it is really almost imperative that I work," he said. "I do work every day in order just to survive. And it's scary now at the age I'm at, because Social Security doesn't cover anything." In a survey published by Harris Poll and the American Staffing Association in 2024, 78% of baby boomers said they believed their age would be a contributing factor when being considered for a new position, and 53% said they thought their age limited their career opportunities. At the same time, LinkedIn reported that about 13% of previously retired baby boomers on the platform listed and then ended a retirement on their profile in 2023. Bonnie Cote, 75, is a substitute teacher near Washington, DC. She has decades of education experience and loves the work, but she said it's hard to keep finding a gig that pays enough money to supplement her Social Security, especially in her 70s. "It doesn't matter what age you are," Cote said. "You should be able to get a job."
Time of India
02-07-2025
- Entertainment
- Time of India
Yeh Rishta Kya Kehlata Hai actress Suzanne Bernert on partner Arjun Hardus birthday says, 'Best gifting is our time for each other'
Actress , popularly known for featuring in shows like Yeh Rishta Kya Kehlata Hai and Kasautii Zindagi Kay is in a relationship with Delhi-based Arjun Hardas, who works with an NGO. She is currently located in the capital with him and the duo are living their life filling love for each other. Tired of too many ads? go ad free now On his birthday (July 2), the actress made every possible effort to make him feel special. She shares, 'It is a special day for me, as it marks the birthday of Arjun, the love of my life. We both are completely different but getting more and more in tune. Best gifting is our time together. Our taste in movies and OTT is completely different but we watch each other's favourites. So that broadens the horizon. I never imagined learning so much about aviation and wars in my life and I don't think he imagined watching The Devil Wears Prada because of Anna Wintour's Resignation. I love our chai talks in the middle of the night." She continued, "It's a willingness to learn from each other and also understand that we both had different lives before. I just love how kind, super smart he is and a very good listener. He has a very solid friendship circle! And who your friends are reflects on who you are as a human being. I can keep writing about us. No cake but a Blueberry Cheese Jar on his birthday (smiles)." For Suzanne, her world revolved around her former husband, actor Akhil Mishra, whom she married in 2009. His untimely demise in September 2023 left her devastated. But as they say destiny has its own plan, Arjun came into her life and helped her to move on. Previously she shared, "After Akhil's passing, I had stopped meeting people apart from work. I spent most of my time confined at home. However, I pushed myself to travel to Delhi to attend a friend's housewarming party last December. Tired of too many ads? go ad free now While I was in Delhi, Arjun connected with me, and we met. Soon we became friends and gradually grew closer. Today, we are in sync with each other emotionally and it feels like we've known each other for a long time. ' On the work front, Suzanne has been part of several TV shows, including Kasautii Zindagi Kay, Jhansi Ki Rani, Sanskaar Laxmi, and Chakravartin Ashoka Samrat. She has also featured in films like No Problem, The Accidental Prime Minister, and the Telugu film Yatra 2. Reliving Memories Ft. Shivangi Joshi |Birthday Special| |Yeh Rishta Kya Kehlata Hai|
CTV News
13-05-2025
- Politics
- CTV News
Independent B.C. MLAs deny allegations of racism as sovereignty clash continues
An Okanagan First Nations community is calling for the resignation of Independent MLA Dallas Brodie after controversial comments.
Yahoo
23-04-2025
- Business
- Yahoo
'As Long As You Had A Pulse You'd Be Hired,' Says A Worker, Longing For Another Great Resignation With 'Ridiculous Salaries' And Remote Jobs
A Reddit post on r/WFH has resonated with hundreds of remote workers and job seekers who recall the early days of 2021 as a rare window of opportunity in the U.S. job market. The original post, titled 'We need another Great Resignation,' has racked up over 1,000 upvotes in just two days. 'As long as you had a pulse, you'd be hired,' the poster wrote. They reminisced about a time when companies, after laying off workers during the early COVID lockdowns, found themselves desperate to fill positions again. Wages spiked, work-from-home jobs exploded in availability, and employees had the upper hand. Don't Miss: Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Hasbro, MGM, and Skechers trust this AI marketing firm — . 'It truly was the golden age,' one user commented. 'I was very optimistic about the future, it felt like employees were finally getting a lot of the power back.' The Great Resignation, which peaked between 2021 and 2022, saw millions quit their jobs in search of better pay, benefits, flexibility, or simply to escape toxic workplaces. Employers responded with higher salaries and more remote-friendly policies to stay competitive. 'We have no incentive to give it our all,' another commenter shared, claiming their company pays less than $20 an hour despite bringing in $52 million in revenue. Seasonal workers are brought in instead of offering better pay to existing staff. 'Cut the fat, pay us what we're worth.' Trending: It's no wonder Jeff Bezos holds over $250 million in art — The mood now is far less optimistic. Many users pushed back on the idea that another wave of mass quitting is even possible. 'It's not that easy to get hired anymore,' one user said. 'People still have to live.' Others pointed out that the 2021 surge in resignations was made possible by a unique mix of government stimulus, eviction freezes, and a booming job market. Those conditions no longer exist. 'COVID had massive spending to compensate for that,' one person wrote. 'You're talking 2008. That was not good. People suffered.' Several users expressed anxiety over job security. One admitted to quietly job hunting after five years of remote work, worried they'd be fired for a minor audit issue. 'New doors, new chapters, right,' they commenters called for deeper structural change: stronger unions, more local businesses, and better protections for workers. 'The only time in American history this was achievable was when unions were strong,' one user said. Others took a more cynical view. 'Hard to have a great resignation at the same time as mass layoffs,' one comment read. Still, there is clear nostalgia for that short-lived period when employees felt like they had the power to demand more. As one person summed it up, 'Now there's frighteningly few fully remote jobs left. At least for my role.' Despite economic uncertainty, AI-driven downsizing, and rising costs of living, many in the thread still hope for a shift back to a worker-friendly market. But as it stands, that moment feels further away than ever. Read Next: Many are using retirement income calculators to check if they're on pace — Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article 'As Long As You Had A Pulse You'd Be Hired,' Says A Worker, Longing For Another Great Resignation With 'Ridiculous Salaries' And Remote Jobs originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
NBC News
06-02-2025
- Politics
- NBC News
Education Department staff warned that Trump buyout offers could be canceled at any time
Top officials at the Department of Education told staff Wednesday that if they accept the Trump administration's deferred resignation package, the education secretary may later cancel it and employees would not have any recourse, potentially leaving them without promised pay. The Office of Personnel Management sent notices last week to federal employees that if they resign by Feb. 6, they could continue receiving pay and benefits until the end of September. The Trump administration is hoping to get as many as 10% of the workforce to quit as part of a plan to shrink the federal bureaucracy. But three Education Department officials told NBC News that Rachel Oglesby, the department's new chief of staff, and Jacqueline Clay, chief human capital officer, described significant caveats to the so-called Fork in the Road offer in an all-staff meeting held over Zoom on Wednesday. The officials did not want to be named for fear of retaliation. The Education Secretary would be allowed to rescind the agreement, or the government could stop paying, and employees who took the deferred resignation package would waive all legal claims, the three officials said they were told in the meeting. The three employees say they have only seen sample resignation agreements so far, and would need to agree to resign by Thursday evening before they see the actual terms of their separation. 'It sounded like a commercial for a used car dealership, like, 'Act now, one day only,'' said one department official who attended the meeting. The Education Department did not respond to a request for comment Wednesday. A spokesperson for the Office of Personnel Management said that this was false, and pointed to a memo that states the resignation offer's 'assurances are binding on the government. Were the government to backtrack on its commitments, an employee would be entitled to request a rescission of his or her resignation.' However, the memo includes a sample agreement that includes a clause that agency heads retain the sole discretion to rescind the deal, and employees waive the right to challenge it before the Merit Systems Protection Board, "or any other forum.' A sample deferred resignation agreement specific for Education Department employees includes similar language, according to a copy obtained by NBC News. Across the federal government, pressure has been mounting from the Trump administration to take the buyout offer. In an email to federal employees Tuesday following up on the original buyout proposal, OPM wrote, 'Please note the Deferred Resignation program ('Fork in the Road') expires at 11:59 p.m. ET on Thursday February 6th. There will not be an extension of this program.' More than 40,000 people have taken the buyout offer so far, according to a White House official, out of a federal workforce composed of over two million individuals. There is deep concern among federal workers that the Trump administration's buyout offer could turn out to be a bait-and-switch, with the government potentially failing to hold up its end of the bargain. The comments from Education Department management only worsened those concerns, the three employees said. 'The morale is pretty bad,' a second official said. 'One of the managers I work with just said he hasn't seen any emails in the last four hours since the meeting ended, because everybody just kind of had the life sucked out of them.' A third employee described the tone of the call as angry, as workers put questions in Zoom's chat box but then did not receive responses. The unusual buyout offer has upended Washington, D.C., amid a flurry of executive orders and maneuvers by Trump and tech billionaire Elon Musk, who is head of Trump's Department of Government Efficiency, an office within the White House. In the span of two weeks, Trump and Musk have launched a sweeping effort to remake the federal government, slash spending and even eliminate some agencies. Many Democrats and some Republicans say that Trump and Musk are violating constitutional limits on the presidency in ways that are unlawful and that are precipitating a constitutional crisis. Some labor unions for federal workers have sued to stop the deferred resignation program, arguing that the Trump administration does not have legal authority to offer such buyouts. Federal government labor unions and Democratic attorneys general have warned federal workers that they may never receive the promised resignation benefits, and characterized the offers as an attempt to intimidate them into quitting. Trump has nominated Linda McMahon, the former World Wrestling Entertainment CEO and head of the Small Business Administration in his first administration, to be Education Secretary. No confirmation hearing is scheduled yet. There are other staffing changes coming to the Education Department that may arrive before McMahon does. The department expects to conduct layoffs, known as Reduction in Force, the three department officials said they were told during Wednesday's meeting. Oglesby, the chief of staff, and Clay, the human capital officer, did not share when those will take place or which offices will be hit hardest by them during the meeting. Education Department staff will also need to come into the office daily by Feb. 24. Clay told staff that department leadership is working to find another federal building for remote employees to work from within 50 miles of their home. Trump has said he wants to eliminate the Education Department, which would fulfill a longtime dream of the Republican base, but is supposed to take an act of Congress to achieve. The Wall Street Journal reported Monday that the White House is weighing executive action that could dismantle the department in a piecemeal fashion, citing unnamed people familiar with the matter.
