The job market looks solid on paper. In 2023, unemployment hit a 54-year-low at 3.4% in January, according to the U.S. Department of Commerce. Bureau of Labor Statistics reported that U.S. employers added 2.7 million people to the payroll the same year. But it’s a different story for active job seekers. A staffing firm Insight Global found that recently unemployed full-time workers applied to an average of 30 jobs, only to receive an average of four callbacks or responses. So why does it feel so hard to get a job right now and is the U.S. labor market as strong as it seems?
Chapters:
01:23 Daunting process
05:07 Cooling market
07:56 Repercussions
Produced and edited by: Juhohn Lee
Assistant Editor: Jack Hillyer
Animations by: Christina Locopo
Supervising Producer: Lindsey Jacobson
Additional Footage: Getty Images, Jenna Jackson
» Subscribe to CNBC:
» Subscribe to CNBC TV:
About CNBC: From ’Wall Street’ to ’Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to land your dream job in 2024? Take CNBC’s new online course How to Ace Your Job Interview and save 50% with discount code EARLYBIRD:
Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Facebook:
Follow CNBC News on X:
Follow CNBC News on Instagram:
#cnbc
Why Getting A Job Feels Impossible Right Now
1 view
131
25
6 months ago 00:38:22 1
Oversharing, Trauma Dumping, Cringe, and our hatred of vulnerability 😬
6 months ago 00:00:00 1
Cyberpunk Beauty: Relaxing Synthwave Ambience
6 months ago 00:16:04 1
Crypto Mining 2024: Discover the Crypto Powerhouse in BlockDAG’s MASSIVE CRYPTO DOMINANCE!
6 months ago 00:57:33 1
| INTO THE FUTURE | - A NewRetroWave End of Year 2023 Mix | 1 Hour | Retrowave/ Synthwave/ Outrun
6 months ago 00:01:11 1
Is this creature really going up all those stairs?! Where are they going?! | FWA 2024
6 months ago 00:07:21 1
Шрила Прабхупада о реинкарнации, рождении и смерти
6 months ago 00:04:34 1
Crypto Gaming | Play to Earn | Top Crypto Games
6 months ago 00:09:28 1
JASENOVAC – THE UNPUNISHED GENOCIDE - PART ONE of the series about the genocide in Nazi Croatia
6 months ago 00:03:20 1
Vladimir Putin - Putin, Putout (The Unofficial Russian Anthem) by Klemen Slakonja
6 months ago 00:08:13 1
Why Marriott, Hilton and Hyatt Don’t Actually Own Most of Their Hotels | WSJ The Economics Of
6 months ago 00:29:26 1
How to Setup Google Ads Campaign 2024 PPC [FULL TUTORIAL]
6 months ago 00:09:25 1
Boss RC-505 Loop Station - Multi-Instrumental Live Looping - Reinhardt Buhr
6 months ago 00:08:42 1
That digital crunch of the Alesis Microverb III
6 months ago 00:02:15 1
Earth’s Greatest Console (Hell’s Greatest Dad PARODY)
6 months ago 00:03:21 1
KITTIE - Vultures (Official Music Video)
6 months ago 00:04:38 2
Kent - Music Non Stop (Video English Version)
6 months ago 00:01:41 1
mayh3mp - NO HOOK 2 * ginsengstrip2002 MV *
6 months ago 00:41:49 5
the downfall of streaming
6 months ago 00:03:06 1
FREDDY, YOU’RE SUPPOSED TO BE ON LOCKDOWN ★ FNAF Song by MiatriSs
6 months ago 00:15:45 1
⚡“HARRY POTTER - Chapter 2 (Philosopher’s Stone): 🎧Audiobook🎧 in English for Beginners📚✨
6 months ago 00:03:42 1
Billie Eilish - all the good girls go to hell (Official Music Video)
6 months ago 00:08:27 1
“LOAD OF F**KING B******S!” EDDIE HEARN DESTROYS CHRIS EUBANK JR, GERVONTA DAVIS, JOHN FURY HEADBUTT
6 months ago 00:00:52 1
Why can they suddenly get hard and hold up
6 months ago 00:19:32 1
How to use iZotope RX 11 for post production audio | iZotope