The Real Deal: How to improve your prospects in a hot job market

According to a survey by JOLT, there are 244,000 job openings in New Jersey. Approximately 81,000 people left their jobs in December, compared to 51,000 who were laid off. That disparity means people feel like they can find jobs.

News 12 Staff

Mar 3, 2023, 11:12 AM

Updated 498 days ago

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Have you ever found yourself looking for a job while you’re on the clock at your current job?
The job market is so good right now, you’re not the only one.
News 12’s Rick Holmes checked out how you can improve your work situation, even if you decide not to leave your company.
According to a survey by JOLT, there are 244,000 job openings in New Jersey. Approximately 81,000 people left their jobs in December, compared to 51,000 who were laid off. That disparity means people feel like they can find jobs.
“They feel like they can get another job whether it's in the same sector or another sector easily … so there's still a lot of hiring going going on, which makes it easier for something called quiet quitting. Maybe showing up for work, maybe looking for other jobs,” says Investopedia’s Caleb Silver.
Some tips if you plan to stay at your current company — ask for a raise or promotion, but be prepared to show that you’re qualified. You can also build relationships in other departments, and make yourself indispensable through hard work and a good attitude.
One notable statistic: employees who stay in one job can expect about a 3% annual salary increase, but switching to a new job allows you to start anew and renegotiate. On average, those switching jobs can see 10-20% increase in pay.


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