Strategies for discussing job hopping in an interview | The impact of delaying retirement on others' careers | Many middle-class Americans anxious about retirement
Strategies for discussing job hopping in an interview While some hiring managers see job hopping as a sign of instability, the practice can also be a way to secure better pay and job satisfaction, especially among younger workers. Common reasons for job hopping include financial challenges, value mismatches, lack of flexibility and the desire for freedom of expression, but there are positives answers that can be used in the interview process. Full Story: Harvard Business Review (tiered subscription model) (9/2)
Since its launch in early 2022, the Labor Department's Off-Base Transition Training Program has aimed to help veterans, troops and spouses with job training, including interviewing and resume writing. The program is available in 37 cities in 10 states, with 9,983 participants this year. The program connects veterans with local businesses and targets high-paying, in-demand jobs. Full Story: Army Times (tiered subscription model) (9/2)
The Landscape
The impact of delaying retirement on others' careers Older Americans are increasingly putting off retirement, which could cause career gridlock for Gen Z and Millennial workers. A 2023 survey by the Employee Benefit Research Institute found 33% of workers plan to retire at age 70 or older, up from 26% in 2021. Career experts warn that this trend can stall younger workers' earning potential and delay major life milestones. Full Story: Axios (9/1)
Many middle-class Americans anxious about retirement Among Americans with household incomes between $50,000 and $199,000 only 20% believe they will ever be able to fully retire or maintain a comfortable lifestyle after leaving the workforce, according to a study from the nonprofit Transamerica Center for Retirement Studies. A quarter of them expect to work to generate income after they retire. Full Story: ThinkAdvisor (free registration) (8/30)
Hiring slowed in July as US added 114K jobs Employers added 114,000 jobs to nonfarm payrolls in July, below the Dow Jones estimate and a significant slowdown from June, according to the Labor Department. Meanwhile, the unemployment rate rose to 4.3%. Full Story: CNBC (8/2),The Wall Street Journal (8/2)
Your Next Challenge
AI will turn out to be less disruptive than the pandemic The workplace changes to be wrought by AI might seem overwhelming, but no more so than those created by the pandemic, argues CEO David Morel of Tiger Recruitment. "As with the pandemic, there will be a fear of the unknown, not helped by fear-mongering headlines or the dizzying array of AI-powered products on the market," Morel writes, noting that social and emotional components of work "cannot be replaced by an algorithm." Full Story: Forbes (tiered subscription model) (9/2)
Free eBooks and Resources
Free eBooks and resources brought to you by our sponsors
How executives unplug on vacation Executives use strategies to maximize their vacation time, according to Jaclyn Sienna India, who books high-end vacations for executives. They delegate tasks before leaving, stick to their healthy routines while traveling and "really understand that they do need to turn their brain off and and they value that," India writes. Full Story: CNBC (8/30)
One of the many things that made the 2024 Olympics memorable was the decision organizers made to pump music into some of the venues to enhance the atmosphere. However, now that the Paralympics are in full swing, there are some venues where untimely noise of any kind is frowned upon. There's even a thing called a 'Shh Cam' that shames fans into shutting up!!! Fans of sports like blind football and goalball are learning the unique etiquette required for these sports, which rely heavily on sound due to athletes' visual impairments. The stadium atmosphere alternates between intense silence and loud cheers, guided by cues from commentators and signs. As these sports grow in popularity, the audience's understanding of when to be silent and when to cheer is expected to improve. Full Story: The Associated Press (9/2)
SmartBreak: Question of the Day
The Beatles' performance on the rooftop of Apple Corps HQ in London lives on, but their last public performance might be called unremarkable -- it didn't sell out. What venue?
Put your AI advancements in the spotlight Is your team innovating with AI? SmartBrief's newest Innovation Award will recognize AI products and solutions that are making a difference in the retail, IT/cybersecurity, education and people management industries. If your team has a tool in market or poised for market entry in 2025, submit your application by Sept. 20. There is a fee to enter, and winners will be selected based on degree of innovation and business impact. Learn more and apply.
Sharing SmartBrief on Your Career with your network keeps the quality of content high and these newsletters free.
