/Job Market Update: Yes, the Market Is Hot

Job Market Update: Yes, the Market Is Hot


By Deborah Jeanne Sergeant

Hospitality, healthcare, technology and legal services are among top sectors looking for employees

Are you graduating this December or May? Or perhaps you need a job while attending school? 

Taeko S. Kelly, assistant director of Career Services at SUNY Oswego, has good news for you: the job market is hot.

“According to a report from the U.S. Bureau of Labor Statistics, roughly 400,000 jobs were added to the market each month over the past year,” Kelly said. 

That figure compared to 180,000 in 2019, and 167,000 in 2020, according to Ziprecruiter.com. 

“Despite overall employment still being down to pre-pandemic levels, economists have said that this April showed a record high labor demand,” Kelly added.

“This checks out with my experience in Career Services working with recruiters and employers. Many have been as eager as ever to recruit our students, sharing with me that they have been struggling to fill their vacancies.”

She said that staffing and recruiting is among the fastest growing industries for entry-level talent. Considering the challenges facing employers in finding employees in current times, it makes sense that this area needs employees. Staffing and recruiting could include many different venues, such as working for a temporary staffing firm, a headhunting company or human resources department.

After nearly two years’ hiatus because of COVID-19, hospitality is back and hotter than ever. Numerous roles in hospitality are open as hotels, restaurants and places of tourism and entertainment thrive once again. Any new graduates with entry level experience or an internship paired with their degree should have a leg up on other applicants. 

Perennial top employers healthcare and biotech will continue to hire plenty of workers. Every baby boomer will be 65 or older by 2030, so more people will need additional healthcare for a long time. Plus, baby boomers working in healthcare are retiring, especially since the pandemic began. The demand for healthcare also extends to biotech fields as consumers want advances in treating diseases, illnesses and injuries to continue. 

Like healthcare, technology and IT services continues to advance and require more workers because of an increase in demand, the number of baby boomer retirees leaving the field and the advances that widen the industry. Any type of work in a technology or IT-related company will need workers for a long time.

Kelly said that legal services represents another industry eager to hire. The International Bar Association’s Young Lawyers’ Report states that 20% of young attorneys want to leave their profession. The demand for legal services and by extension their support staff is up. 

According to Grand View Research, legal services is expected to expand at a compound annual growth rate of 5.3% from 2022-2030. Whether working as an attorney or in an administrative or support role, applicants will find that the legal industry is eager to hire.

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