Overview
Job market secrets for business leaders
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Three categories of job market basics
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1. Fundamental Truths
Best time to get a job is when you have a job
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Unemployment scarring
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Move around to move up
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Unemployment rate
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Job markets are local markets
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2. Financial Considerations
Education is positively correlated with income, inversely with unemployment
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Education is correlated with remote work
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Wage isn't always the only cost
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Budget season
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3. Planning and Jobs in Uncertain Times
Job markets lag economic activity
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Hiring freezes
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Furloughs and layoffs
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Overtime as stopgap
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Hire slowly and fire quickly
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