Marketplace Finding work is tough in a stalled labor market
8 snips
Jun 26, 2025 Unemployment claims are hitting record highs, revealing a stagnant labor market with limited hiring. Car sales are slowing after a brief surge, and Americans are socializing less, pointing to changing dynamics in daily life. In Oregon, a community is still working hard to rebuild after a devastating wildfire five years ago. There's a mix of economic uncertainties and resilience, as job seekers must navigate a competitive landscape while communities come together in the face of challenges.
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Static Labor Market Challenges
- The labor market is static, with few new jobs and low turnover among current workers.
- This stagnation particularly hurts younger job seekers who find it hard to get their foot in the door.
Job Seeker Success Tips
- Write your own resume instead of using generic AI-generated versions.
- Having a referral from someone can significantly boost your job prospects.
Tariffs Delay Car Price Rises
- Tariff-driven price increases have been delayed as manufacturers clear bloated inventories.
- Automakers are cautious about raising prices due to previous increases and uncertain tariffs.