In 2022 work-from-home became a codified practice for some companies.

Some signs point to a recession, while others indicate a stable job market. 
These opposing conditions have left job seekers scratching their heads.
Insider compiled a collection of career advice from career coaches, economists, and more.

In 2022, the world of work has become the Wild West.

Technology giants have laid off thousands of employees, inflation has soared, and, in the second quarter, the US gross domestic product decreased 0.9% — all signs that a recession may be coming. At the same time, consultancies, travel businesses, and healthcare companies have continued to hire, and the unemployment rate remained stable at 3.6% in June, according to the latest data from the US Bureau of Labor Statistics.

This whirlwind comes on the heels of a chaotic 2021, when employees’ heads were spinning from vaccine mandates, work-from-home policies, and mass resignations.

To help employees navigate the wacky world of the workplace, Insider compiled a collection of career advice. Whether you’re trying to make sense of the job market, fearing layoffs at your company, or hunting for a new gig, here are the pieces of advice career coaches, economists, psychologists, and more have to offer. 

If you don’t understand what’s happening in the job market right now …

America has entered a “precession,” a phrase Insider coined and previously defined as “an awkward, confusing phase in which some economic indicators seem to portend a recession, while others suggest things could turn out to be OK.”

While tech companies are being hit hard by the precession, education, consultancy, and nonprofit companies are more likely to boomerang back from this downturn.

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The social and economic turmoil causing this precession has left many Americans feeling stressed about their physical, emotional, and financial health. This is why Insider spoke with business executives, hiring managers, career coaches, and economists to learn more about the job market and give suggestions to readers on how to navigate it. 

Read more: 

Layoffs, inflation, and stock market swings have Americans nervous. Here’s a guide to managing your career in an uncertain economy.

12 career counselors reveal the industries where hiring is still hot for new college grads — even as layoffs mount

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If you like your job but want more from it …

Despite bleak headlines, not everyone is unhappy in their role or fearing for their job. If you’re lucky enough to fall into this category, then you may also be one of the many workers planning on asking for a raise this year.

Securing a raise means doing more than coasting — workers need to be mindful of how their colleagues perceive them and communicative with members of their team. This year, remote employees are working while traveling and logging on for nontraditional hours, which means they have to double down …read more

Source:: Business Insider

      

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