As the start of the new year we are very optimistic about the economy and the job market.
While job growth has slowed in the fourth quarter of 2020, there appears to be a renewed confidence in the job market and the economy for a number of reasons:
-Covid vaccinations have begun and are accelerating throughout the US and globally
-Many of those employees that have been furloughed or laid off are returning to work
-The election is over and some of the stress and anxiety about that has finally concluded
-The government has approved another PPL stimulus plan which will help businesses and individuals
-Interest rates are still low and will be for the foreseeable future which has been a significant boom for the residential real estate industry and for businesses that need to borrow funds
-There appears to be a pent up demand for companies to turn around those that have been struggling and expand for those who have been successful throughout the pandemic, which should result in more jobs and lower unemployment
2021, a new year, and a great time to upgrade your talent for employers and for employees to make career changes.
If you are looking to hire or make a career change, please contact Michael Rosenblatt, President of The Quest Organization at Michael@questorg.com or 212-971-0033.