Glassdoor

The Burning Glass Institute and the Schultz Family Foundation analyzed the career histories of 12 million workers across 1,750 employers from 2019 to 2024, scoring occupations by promotions, retention, and salary. The research suggests that where a person works and the support received there are crucial factors in building a tech career. Among the reviewed companies, Amazon and Salesforce were identified as clear winners for tech workers due to offering high pay and great advancement opportunities.

The article outlines common job scams targeting unemployed individuals, emphasizing that most remote job postings for simple tasks are fraudulent. It highlights red flags such as unrequested job offers via email, interviews conducted solely via text or unverified platforms, and demands for upfront payments. Legitimate remote jobs typically require specialized skills and provide necessary equipment.

A user applied for a job at 'Internal Healthcare Group' and had an interview, but found limited online information about the company. They noted a Nigerian woman's public profile as the only traceable owner and reported a phone call where the responder switched from a Nigerian to an American accent, raising suspicions of a scam.

Costco leads the list of retailers offering the highest hourly wage for entry-level workers in the US, with other top companies like J.Crew, Madewell, and Zara also paying over $17 per hour. The data, based on Glassdoor's analysis of user-submitted salaries, highlights 20 retailers providing competitive entry-level pay in the retail sector.

June’s jobs report showed weaker-than-expected job growth with 57,000 payrolls added, down from previous months, and a drop in labor force participation to 61.5%, as economists noted concerns over a shrinking labor force and mixed sector performance.

Healthcare jobs are described as more secure and less affected by market changes compared to tech roles, which face risks from automation and economic uncertainty. The article highlights growing demand for healthcare roles like nurses and medical managers, contrasting with layoffs in tech sectors driven by AI and automation.

Gen Z graduates are blaming AI for their unemployment, but economist Torsten Slok argues factors like Fed tightening, trade-war uncertainty, and slowing immigration are more significant. Unemployment for recent graduates remains at 5.6%, higher than the 4.2% rate for all workers, with the gap emerging before ChatGPT's release. Companies' mixed messaging on AI is fueling Gen Z's job insecurity.

Glassdoor research indicates that anxiety about layoffs and job security is increasing in the U.S. AI is cited as a contributing factor to this rising concern.

In May, three sectors—information, utilities, and construction—experienced wage growth exceeding inflation, while other sectors like healthcare and education saw job growth but stagnant wages. Inflation rose to 4.2%, outpacing overall private-sector wage growth at 3.4%, with employment declines in the information sector and labor shortages in utilities and construction driving wage increases.