From the course: Job Market Basics for Business Leaders

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Job markets are local markets

Job markets are local markets

From the course: Job Market Basics for Business Leaders

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Job markets are local markets

- People in real estate like to say that all real estate markets are local markets. And the same thing's true with the job market. If you're a leader looking for a new job, you want to have as many options as possible. And if you're looking locally, that will be impacted by the number of companies hiring, the unemployment rate, and a number of other factors. Similarly, if you're looking to hire locally, you want to have as many options of people to hire as possible. And that will also be impacted by those local dynamics. But what if you could go beyond local? What if you could hire people who are remote? This is a way that you can open up access and make the global market your local market. It means as a leader looking to get hired, if you can work remotely, you might be able to be hired by many more different companies. This can help you move up the ladder quickly and get paid more. On the flip side, if you're looking…

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