As an economic recession looms, it seems like layoffs are everywhere. In recent months, tech layoffs, in particular, have monopolized the news, with over 100,000 tech layoffs in 2023 so far. In reality, it’s actually the arts, entertainment and recreation industry saw the highest layoff rate last year in the U.S., followed by construction.
Despite all this, things aren’t as grim as they may seem. In contrast to layoff news, January reached the lowest unemployment rate in the U.S. since 1969. And while tech layoffs have been loud in the headlines, demand for tech talent continues to increase.
If you’re trying to figure out what to do after a job layoff, you’re not alone, and there is hope. This article helps break down the steps you can take to make your next move less overwhelming.
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