Get Hired with Andrew Seaman Inside the Job Market with LinkedIn's Top Economist
May 29, 2025
Karin Kimbrough, LinkedIn’s chief economist, shares her expertise on today's job market dynamics. She discusses why the unemployment rate can be misleading and highlights industries that are thriving versus those that are slowing down. Kimbrough emphasizes the importance of AI literacy as a key skill for job seekers and reveals how AI is reshaping jobs rather than eliminating them. She also offers invaluable advice for recent graduates on how to navigate the competitive workforce, encouraging adaptability and openness to nonlinear career paths.
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U.S. Labor Market Holds but Fragile
- The U.S. labor market remains solid with an unemployment rate around 4.2% and ongoing job creation.
- However, labor market fragilities appear, with slower job transitions and cautious hiring due to economic uncertainty.
Low Worker Confidence Hurts Mobility
- Workers are less confident about finding or retaining jobs despite unemployment being low.
- Emotional caution and economic uncertainty contribute to slower labor market mobility and hiring.
Advice for New Graduates Entering Market
- New grads face a tougher job market but will typically catch up to peers over time.
- Stay flexible with career paths and pursue industries that are hiring to increase job opportunities.