2022 job market predictions according to CareerBuilder CEO
CareerBuilder chief Sue Arthur shares her projections for the next year
Forbes Media chairman reacts to the November jobs report as market volatility rises on 'FOX Business Tonight.'
Employment platform CareerBuilder is gearing up for an influx of traffic at the start of 2022 after seeing a major jump in users this past January, and the company's CEO shared with FOX Business her predictions for how the job market will operate throughout the coming year.
In analyzing their data, CareerBuilder saw a 43% jump in new users in January 2021 from the month before, along with a 20% increase in resume uploads and a 5.4% uptick in jobs applied to.
While an annual boost from New Year's resolutions is expected, the "Great Resignation" followed in 2021 – and it might not be over.
CareerBuilder CEO Sue Arthur (CareerBuilder)
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Looking forward through 2022, CareerBuilder CEO Sue Arthur sees a series of trends that can be expected:
Workers stay in control
Appalachian Regional Healthcare signage seeking job applications during a job fair at a community center in Beattyville, Kentucky. (Photographer: Jon Cherry/Bloomberg via Getty Images) (Photographer: Jon Cherry/Bloomberg via Getty Images / Getty Images)
Arthur told FOX Business, "We are entering 2022 with workers staying in control and taking charge in new roles with companies that have added benefits, flexibility and increased wages."
Explosive growth in job postings
A leaflet for jobs at the Arizona booth at the Employers Only Long Island Food, Beverage and Hospitality Job Fair on October 19, 2021, in Melville, New York. (Photo by Bryan R. Smith / AFP) (Photo by BRYAN R. SMITH/AFP via Getty Images) (Photo by Bryan R. Smith / AFP) (Photo by BRYAN R. SMITH/AFP via Getty Images / Getty Images)
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"A cumulative mix of increased supply chain demand, a rise in resignations and companies continuing to recover from the pandemic will result in thousands of open jobs and an explosive growth in online job postings," she predicted.
Diversity takes a front seat
A job seeker receives information from a recruiter during a Miami-Dade County job fair in Miami, Florida. (Photographer: Eva Marie Uzcategui/Bloomberg via Getty Images) (Photographer: Eva Marie Uzcategui/Bloomberg via Getty Images / Getty Images)
"[Diversity, equity and inclusion] will take a front seat in 2022 and be a prime focus for job seekers as they look to join companies that are actively improving these efforts across all levels with active programs that further enhance these initiatives," Arthur says.
A year of hope for recent grads
San Jose State University graduate Raymond Ho, left, has his tassel adjusted by his uncle Christopher Nguyen, right, as his aunt Christine Chau, center, looks on before the start of commencement ceremonies on Tuesday, Dec. 14, 2021. (Aric Crabb/Medi … (Aric Crabb/MediaNews Group/East Bay Times via Getty Images / Getty Images)
The CareerBuilder chief told FOX Business that "labor shortages will continue to steer the job market making 2022 a year of hope for recent grads as they enter the job force with benefit packages and competitive wages that are vastly improved from past years."
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When asked if she is seeing particular demand in certain industries, Arthur said, "In the latest jobs report, CareerBuilder found that transportation, warehousing, healthcare and education industries were all in high demand."