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December 18, 2024
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What to Expect in the NYC Job Market in 2023

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Image commercially licensed from: Unsplash

 

2022 may have ended with hard-hitting layoff statistics, and the last couple of months have been harsh. But, on the positive side, 2023 is showing positive signs and will likely be a good year for job seekers and employers. CEO of AkkenCloud, Giridhar Akkineni, is optimistic about the New Year and the new opportunities it will bring for the NYC job market. AkkenCloud has been in the staffing and hiring industry for quite some time, providing big corporations with the best talents. Commenting on the surge in layoffs in 2022, Akkineni replied with what Onyi Anyado once quoted “Entrepreneur, make today count and but don’t let the day count you.”
New York City has emerged as a superpower for business corporations. The job market in NYC never dies—in 2023, it will have new statistics on vacant positions. Let’s look at prospective job opportunities and the kind of talent each industry will likely look for this year.

Hospitality Industry
After the pandemic, hotels and restaurants will likely see better days in 2023. According to reports, NYC expects more than 60 million visitors this year. As a result, more hotel stays, restaurant bookings, and entertainment options will contribute majorly to the economy. This demand increase will generate more job opportunities for professionals like cooks, bakers, sous chefs, grocery managers, butchers, cake decorators, and more.
Most job roles don’t require expertise, but prior training or certification can help. Overall, the 2023 NYC job market in the hospitality industry is likely to experience an upward curve.

Healthcare Industry
The last couple of years have made the world realize the value of this industry more than anything else, and NYC was no exception. The last few years saw a boom in revenue and job opportunities in the healthcare industry, which is likely to continue the same way in 2023 too. As a result, there has been consistent demand for nurses, physical and occupational therapists, and doctors and researchers.
All job positions require intensively trained and experienced professionals. Launching no-cost training programs and city-wide residency programs for nurses has helped meet this demand and will continue to do so in the future.

Education Sector
Several educators and childcare workers have lost their jobs due to a significant shift in the education system from physical to online classes during the pandemic. However, the situation is gradually returning to normal and will likely resume its original state in 2023 as it was before the pandemic. This will create more job opportunities for educators in this industry.
IT and Tech Industry
This industry might have seen some darker days over the last 2 years but is expected to be booming in 2023. There will be a surge in demand for automation, innovative software, and systems in big corporations, so job opportunities will be high in the IT and tech sectors.
Blue-Collar Industry

This industry suffered major losses during the pandemic, and 2023 is the year to make up for them. As a result, there will be a massive demand for blue-collar workers in NYC compared to white-collar jobs.
2023 is likely to be a good year for businesses aiming for higher revenue with a more significant workforce. Talent has always been a significant contributor to the success of any business so hiring the right talent for the right position is crucial. The rest will fall into place as opportunities unfold with time.

Sources:
https://www.cnbc.com/2023/01/05/whats-in-store-for-the-job-market-hiring-and-quitting-in-2023.html
https://nypost.com/2023/01/01/nyc-job-opportunities-that-come-with-training/

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