Essentials: The Job-Market Frenzy

Unemployment is still low, but finding a job—or filling one—is taking an increasingly long time. 

Many workers complain of a “white-collar recession” in which firms are not filling empty roles. Add in the use of AI in hiring, and the fact that many retired workers are trying to come back to work, and you have a very complicated job market for both candidates and HR pros.

In this Essentials, Korn Ferry looks at how the market shifted, and how leaders struggled to find workers with the right skills.

The New ‘Unemployables’: A Scary Future

Career and HR experts say a shocking number of well-qualified candidates in a wide range of fields are no longer finding work—and may never.

The Frenzy to Find Work

The current job market has become hugely frustrating—for candidates and companies alike. How did it get this way, and where do we go from here?

Why Finding a New Job Has Gotten a Lot Harder

For a variety of new reasons, candidates at all levels are frustrated. What can they do?

More Evidence of a ‘White-Collar Recession’

The US government’s major jobs revision confirms what many experts felt: Companies are shifting away from hiring in professional sectors.

‘Unretiring’ to Work

A new study shows retirees returning to work is no longer just a trend—it’s a permanent feature of the new world of work. How are leaders and workers reacting?

Click out all the stories in The 2024 Essentials.