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{"id":7295,"date":"2022-03-14T10:53:48","date_gmt":"2022-03-14T17:53:48","guid":{"rendered":"https:\/\/www.capstoneresumes.com\/?p=7295"},"modified":"2022-09-13T10:41:40","modified_gmt":"2022-09-13T17:41:40","slug":"why-the-great-resignation-created-a-job-seekers-market","status":"publish","type":"post","link":"https:\/\/capstoneresumes-staging.idea-web-hosting.com\/?p=7295","title":{"rendered":"5 Reasons Why the Great Resignation Has Created a Job-Seekers Market"},"content":{"rendered":"\r\n

As the country recovers from the COVID-19 pandemic and grapples with economic uncertainty, the unexpected has happened: Workers are quitting their jobs in record numbers.<\/p>\r\n\r\n\r\n\r\n

According to the U.S. Bureau of Labor Statistics, 4.3 million people in the U.S. quit their jobs in August 2021 alone \u2014 the highest number since 2000. This staggering number is part of a movement now known as the Great Resignation.<\/p>\r\n\r\n\r\n\r\n

As more and more workers evaluate their jobs and seek better opportunities, it\u2019s opening up a market in which companies are desperate to fill positions. For the first time in a long time, it\u2019s a job-seekers market, and the worker is in control. Let\u2019s explore the top 5 reasons why the Great Resignation has created a Job Seekers market, and what it means if you are currently job seeking.<\/p>\r\n\r\n\r\n\r\n

Why the Great Resignation Is Creating a Job-Seekers Market<\/strong><\/h2>\r\n\r\n\r\n\r\n

While the Great Resignation continues to sweep across the country, the labor market is in uncharted territory.<\/p>\r\n\r\n\r\n\r\n

What does this mean for those looking for a job? Now that employers are on the defensive with massive vacancies to fill, this puts more power in the hands of applicants. Here are some of the ways that the Great Resignation is creating a job-seekers market<\/a>.<\/p>\r\n\r\n\r\n\r\n

1. It’s Increasing Demand<\/strong><\/h3>\r\n\r\n\r\n\r\n

Employment has always been ruled by a balance of supply and demand. When the labor force is crowded with few open positions, employers have the power to pick and choose the applicant they want. But when the balance switches, it\u2019s the other way around.<\/p>\r\n\r\n\r\n\r\n

For years, employers had the advantage, but job seekers are now in high demand. With more than 10 million job openings<\/a>, opportunities are abundant for those looking to take the next step in their careers.<\/p>\r\n\r\n\r\n\r\n

2. It\u2019s Putting Job Seekers in Control<\/strong><\/h3>\r\n\r\n\r\n\r\n

After enduring a long pandemic lockdown and its lasting economic impact, workers at all stages of their careers are taking a long, hard look at their jobs. Everything has shifted \u2014 mindsets, goals, priorities \u2014 and millions of employees are finding that their jobs just aren\u2019t working for them anymore.<\/p>\r\n\r\n\r\n\r\n

Many workers are asking themselves:<\/p>\r\n\r\n\r\n\r\n