CNBC Television
CNBC Television
@CNBCtelevision·3.4M subscribers·155K videos

Why Getting A Job Feels Impossible Right Now

Posted

February 2, 2024

Views

2,218,130

Likes

30,655

Comments

11,635

Engagement

1.91%

Search the Record

Indexed

Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.

Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.

Try a name, a topic, or a quoted line

Chapters

YouTube Description

as posted by the channel

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:

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

Guests & Subjects Covered

US DepartmentCommerce BureauLabor StatisticsInsight GlobalChapters DauntingRepercussions ProducedReality TVTake CNBCs

Sentinel Indexing in Progress

Metadata and chapters are available. Claim extraction for this episode is pending.

All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.

Why Getting A Job Feels Impossible Right Now · CNBC Television · Sentinel