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Workplace Insights: What's Hot, What's Not

Jan 25th, 2024 | Workplace Insights

Your latest INSIGHTS & TRENDS for the Week of January 22, 2024.

There are so many current headlines surrounding the workplace, it's hard to keep up. To make this as easy as possible for you, Workplace Insights: What's Hot, What's Not, will provide you with the latest updates that may impact your organization as it relates to market trends and current industry insights.

  1. LinkedIn’s “Jobs on the Rise 2024” shows rapid changes in desired skill sets but soft skills still remain a top priority. LinkedIn reported that a rapidly changing job market is upon us: 25% of skills listed on job postings have changed since 2025 (with AI and machine learning skill sets being added the most) with a projected 60% change by 2030.

  2. Meet the “Introvert Economy”: less going out, earlier nights, and more entertainment on demand since the pandemic. Americans are now buying more products than ever online, aren’t staying out as late, and Gen Z is starting to look like the most sober generation in U.S. history.

  3. According to a recent analysis by Bloomberg Economics, the number of Americans seeking unemployment insurance has been defying expectations and remaining at historically low levels. However, it is important to note that this may not accurately reflect the current state of the labor market.

  4. According to the most recent Workmonitor by Randstad, which surveyed 27,000 workers worldwide, while 56% of employees view themselves as ambitious, a surprising 47% prioritize factors other than career progression. The report reveals that workers place greater importance on work-life balance, flexible scheduling, and mental health support.

We hope you are benefiting from this resource. If you have anything you would like to add or specific questions, please drop us a line.

This information is provided for informational purposes only and should not be taken as legal advice. The O’Connor Group makes no representations as to the completeness, suitability, or validity of any information contained herein and will not be liable for any errors or omissions.

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