- The Talivity Weekly
- Posts
- 🌡️ Taking the temperature
🌡️ Taking the temperature
Hiring in some sectors boom, while others cool.
👋 Hi, again! Are you living in 2025 or 1995? (And no, having a flip phone doesn't make you "vintage-chic" in this industry…)
This week, while analyzing the latest job market trends, we got curious: How many of us are really ready for the future of hiring? Sure, you might have ChatGPT bookmarked, but are you still downloading resumes to print them out? Are you leveraging AI and embracing flexible work, or still hanging onto that trusty fax machine "just in case."
We've created a fun quiz to help you discover if your HR approach is built for 2025 or stuck in a time warp. The best part? You'll get actionable insights to level up your game. Plus, you might just discover some tricks to work smarter, not harder. Take the quiz to find out if you're ahead of the curve or need a time machine to catch up.
Questions? Comments? Just saying hi? Reply to this email, we’d love to hear from you.
— Team Talivity ✨
Today’s edition is a 3-minute read. Here’s what to expect👇
🗞️ Healthcare, therapy roles up since pandemic
🌎️ AI saving 1 hour at work
💰️ Chipotle leveraging AI for hiring
💻 TA roles at Meta, Cision
💼 Layoffs hit TikTok, Chief
📆 Can't miss upcoming industry events
Did someone forward you this email? Sign up here 📥️
NEWS
One Thing You Should Know This Week
Indeed Hiring Lab: Job Market Shows Dramatic Split Between Sectors
If you averaged the temperatures of boiling water and ice, you'd get lukewarm – but that wouldn't tell the whole story. The same goes for today's job market, according to Indeed's latest labor market update, which reveals a stark divide in opportunities across sectors.
🖼️ The big picture.
The Indeed Job Postings Index has stabilized at 11-13% above pre-pandemic levels since May, but that average masks some dramatic differences. While healthcare roles are booming with postings around 80% above pre-pandemic levels, tech jobs have plunged 30% below their 2020 baseline. It's not just one job market anymore – it's several, moving at different speeds.
🧮 By the numbers:
Job postings overall: 12% above pre-pandemic levels
Healthcare roles: 87% above baseline
Therapy positions: 82% above baseline
Tech roles: 31% below 2020 levels
Tech job seekers: Up 86% since January 2020
💼 What this means for TAs.
Well, it's time to get sector-specific in your strategy. Healthcare recruiters are in the driver's seat – but need to work harder than ever to stand out in a crowded field. As for tech recruiters…the good news is that there's a silver lining: while postings are down, the candidate pool has nearly doubled since 2020. Now's the time to focus on highlighting competitive benefits packages. According to the report, 69% of tech workers say benefits are their top priority, with four-day workweeks and unlimited PTO particularly appealing.
👔 What this means for job seekers.
It's a bit different for everyone – dramatically different, based on your industry. If you're a healthcare worker, consider yourself lucky – you're high in demand. Use this leverage wisely. It's a little harder for those in tech. You're facing more competition, but do not fret – there's hope: the posting decline has leveled off in recent months. If you're currently employed, but looking elsewhere… don't. Instead, consider internal mobility (especially if you have 5 - 10 years of experience). If you're in between jobs, the smart strategy is to prioritize companies offering strong benefits packages.
🔮 Looking ahead.
While the overall job market plateau might seem concerning, it could actually signal the end of the sustained decline that began in early 2022. Work-from-home sectors, including tech and finance, have shown particularly stable numbers over the last four months – a potential turning point after years of decline. While we're not seeing a major rebound yet, this stabilization suggests we might be approaching a new equilibrium. The key for both employers and job seekers will be understanding and adapting to this new normal of industry-specific opportunities, rather than waiting for a uniform recovery across all sectors.
📥️ Read more from Indeed.
NUMBERS
Numbers That’ll Make You Think
1.9 million — The new jobs expected to be created through 2028 as all roles become "tech jobs." We're all going to need to brush up on our coding. (Staffing Industry)
1 hour — Average time saved daily by workers using AI globally. Finally, a lunch break that's actually a lunch break… (Staffing Industry)
95% — Of workers would let AI avatars handle their meetings … and we're now wondering if AI would ever forget to unmute itself. (TravelPerk)
43% — Of US adults are more afraid of mandatory RTO than breaking up with their partner. Hey, we get it – you can dump a partner over Zoom, but RTO requires actual pants. (HR Brew)
3x — The increase in wives earning as much or more than their husbands over the past 50 years. The glass ceiling isn't just breaking – it's getting a renovation. (WSJ)
80% — Of hiring managers who discard AI-generated job applications. ChatGPT might write poetry, but it can't write its way into HR's heart. Who knew? (Forbes)
LEADERSHIP LABS
Wellness in the Workplace: Making Employee Care and Wellbeing a Strategic Priority
🌿 Wellness in the Workplace: Making Employee Care and Wellbeing a Strategic Priority is going virtual! Explore how leading experts like Dr. Sarah Adler, Founder & CEO of Wave; Tara Davis, Senior Director of Internal Communications & Staff Wellbeing at the American Psychological Association; Lissy Alden, Founder of Myndy; and Larissa May, Founder & Executive Director of #HALFTHESTORY, are transforming mental, physical, and emotional well-being into a strategic business advantage. Don’t miss this chance to discover the future of wellness-driven leadership!
👉️ Secure your free spot today.
INDUSTRY INTEL
M&A Deals, Industry Moves, & Other Things To Know
Tech giant Indeed faces patent lawsuit over data-mining technology from Flexiworld Technologies. (Bloomberg Law)
Gig economy platform ShiftPixy is shifting into high gear with their acquisition of AI tech company TurboScale in a $150 million deal. (Staffing Industry)
Recruitment software Bullhorn Ventures invested in Staffing Referrals, betting big on the power of who-knows-who to transform how agencies source talent. (PR Newswire)
Recruitment firm Odin Partners took headhunting a little too literally when they allegedly duped Wall Street traders with fake job posts. (Staffing Industry)
HR tech startup Wrksense found more than a lucky charm. The Dublin-based company secured €825k in funding to fuel global expansion. (Staffing Industry)
Streaming giant Netflix drops new documentary "Untapped" highlighting the importance of skills-based hiring in the AI era. "Are you still watching?" Yes, boss, it's called "research…" (Axios)
The Sunshine State is getting spicy – Florida sees biggest rise in people quitting their jobs nationwide. Looks like the Great Resignation is taking a vacation down south. (Newsweek)
Restaurant chain Chipotle rolls out AI hiring assistant 'Ava Cado' to speed up hiring by 75%. Guac may still be extra, but at least they're spicing up recruitment. (LinkedIn)
OPEN ROLES
Jobs You Might Want (For Yourself!)
Tech giant Meta is hiring a Recruiter based in San Francisco, CA
Semiconductor firm TSMC is hiring a Recruiting Sourcer based in Phoenix, AZ
Materials company Applied Materials is hiring a Talent Sourcer based in Santa Clara, CA
Telecom provider Spectrum is hiring a Recruiter based in El Paso, TX
Electronics company Texas Instruments is hiring for the Human Resources Development Program based in Dallas, TX
AI firm Anthropic is hiring a Recruiter based in San Francisco, CA
Newswire service Cision is hiring a Talent Acquisition Partner based in Chicago, IL
Trading firm Hudson River Trading is hiring an HR Analytics Specialist based in New York, NY
Healthcare provider hims & hers is hiring a Provider Recruiter based remote, with headquarters in San Francisco, CA
Tech consultancy Lumenalta is hiring a Recruiter based remote, with headquarters in New York, NY
LAYOFFS
Places For You To Source Fresh Talent
Networking platform Chief, valued at $1.1 billion, has laid off staff across tech and administrative functions as part of a restructuring effort. (Business Insider)
Y Combinator-backed fintech CapWay has shut down operations after raising nearly $800,000 in funding. (TechCrunch)
Social media giant Meta began layoffs across WhatsApp, Instagram, and Reality Labs divisions as part of team reorganizations. (The Verge)
Cloud computing company Gigamon will lay off 69 workers from its Santa Clara headquarters starting December 31. (SF Gate)
Social platform TikTok is cutting hundreds of jobs globally as it shifts towards AI-powered content moderation. (Reuters)
EVENTS
Join Us For These Upcoming TA Events
Wellness in the Workplace: Making Employee Care and Wellbeing a Strategic Priority
📆 October 31, 2024 | 1:00 PM ET
⚡️Join us for an interactive free webinar that will explore the latest innovations, research and strategies in employee care and wellness.
👉️ Register here.Hire Innovations: Fall 2024
📆 November 19-21, 2024 | 1:00 PM ET Daily⚡️ Hire Innovations Fall 2024 is a dynamic 3-day virtual event designed to inspire and introduce you to cutting-edge technologies revolutionizing the hiring process.
👉️ Register here.
👋Thanks for reading!
What did you think of today's newsletter? |