The job market in Europe and the US is experiencing significant challenges, with many job seekers facing increased competition and fewer opportunities. Despite low unemployment rates, hiring has slowed, and there is a mismatch between the skills employers seek and those available. Interest rate hikes have further constrained employers' hiring capabilities. The use of AI in CV creation has increased application volumes, complicating recruitment processes. While some sectors struggle to attract candidates, others are overwhelmed with applications, leading to a less personalized recruitment process. Despite these challenges, there is hope for improvement as economic conditions stabilize.

San Francisco is considering murder charges for drug dealers in response to the opioid crisis, marking a significant shift from its traditionally liberal stance on drug crimes. This move is driven by the reality of increasing deaths and public disorder, challenging progressive prosecutors who have been reluctant to pursue such charges. Similarly, Oregon is reevaluating its liberal drug decriminalization laws as overdose deaths soar. The article also discusses the loneliness epidemic, highlighting a new app designed to help people in metropolitan areas connect and combat loneliness. The breakdown of family structures is identified as a major contributor to this issue.

Diversity, equity, and inclusion (DEI) initiatives are facing a reassessment due to political backlash and corporate cost-cutting, particularly in the US. UK consultants report a shift in demand towards more integrated and sophisticated DEI strategies rather than standalone departments or budgets. DDI's survey indicates a potential backslide in DEI progress, with a decrease in companies with diversity programs and leaders endorsing DEI efforts. Mercer's talent survey, however, ranks DEI high among global organizational priorities. The US sees some organizations cutting DEI investments, leading to a reduction in quick-fix attempts like unconscious bias training. Independent consultants like Lily Zheng, who view DEI as a long-term investment, have not seen a decrease in demand. EY's global head of DEI, Karyn Twaronite, emphasizes the importance of treating DEI as a multiyear business strategy and notes that many employers are expanding their initiatives. The article suggests that despite some companies downsizing their DEI efforts, there is a continued need for DEI consulting and a belief in the resilience of the industry.

Employers are increasingly focusing on retraining their existing workforce to fill skills gaps rather than hiring externally, a trend known as 'quiet hiring.' London Business School's Lynda Gratton notes a shift from specific job roles to desired skills and traits. McKinsey & Co. predicts a significant occupational shift by 2030, with many roles becoming obsolete. Companies like Gartner Inc., Randstad NV, and Ogilvy UK are implementing strategies to develop internal talent. Accenture PLC and JLL have undertaken large-scale training initiatives, while others lag behind. The World Economic Forum emphasizes the importance of human traits and tech skills for future jobs. The article suggests that the ability to adapt and retrain quickly may become the most valuable skill in the evolving job market.

Employers are increasingly focusing on retraining their own workers to fill skills gaps rather than recruiting externally, a trend known as 'quiet hiring.' London Business School's Lynda Gratton observes a shift from specific job roles to desired skills and character traits. McKinsey & Co. predicts a significant occupational shift by 2030, with many executives acknowledging imminent skills shortages. Companies like Ogilvy UK, Accenture, and JLL are investing in employee training to adapt to new demands, particularly in areas like AI and sustainable practices. However, some firms lack a strategic approach to skills development, and overall investment in skills has declined. The World Economic Forum emphasizes the importance of human traits and tech abilities for future jobs, while experts recommend regular workforce planning exercises to prepare for changing labor market needs.

The Working It podcast episode from the Financial Times, hosted by Isabel Berwick, discusses the benefits of internal hiring over external recruitment. Josh Bersin, an HR expert, argues that developing internal talent is crucial for a company's success and growth strategy. Bethan Staton, the FT’s deputy work and careers editor, adds that internal recruitment requires creative thinking and a better understanding of existing employees' skills. The episode highlights that while internal hiring can save money and improve employee engagement, it also has challenges such as potentially leaving another vacancy and missing out on new skills external hires might bring.

The article highlights the efforts of several global business schools in integrating sustainability into their curricula and operations. Iéseg School of Management in Paris has developed a comprehensive sustainability strategy involving students and staff. Saïd Business School in Oxford has incorporated ESG-related content into its core teaching and emphasizes stakeholder capitalism. Aalto University School of Business in Helsinki takes a multidisciplinary approach to sustainability, leveraging its diverse academic connections. Vrije Universiteit School of Business & Economics in Amsterdam focuses on 'science with purpose' and interdisciplinary collaboration. Colorado State University College of Business has a values-driven mission centered on 'business for a better world,' engaging students in social ventures and sustainability initiatives.

Workers are increasingly using email scheduling to manage their work hours flexibly, while maintaining the appearance of working during standard business hours. This trend, which has grown since the COVID-19 pandemic, allows individuals to work at unconventional times without imposing on others' free time. Experts like London Business School's Dan Cable note a shift from using scheduling to simulate longer hours to now respecting established work hours. Despite the benefits, some, like Bonnie Dilber from Zapier Inc., argue for normalizing flexible work hours without the need for disguising them. The Trades Union Congress suggests that employers should address workload issues and set reasonable expectations for after-hours communication.

Employers are increasingly focusing on retraining their existing workforce to meet new skill demands rather than hiring externally, a practice termed 'quiet hiring.' This shift is driven by the need for new skills and the challenges of a tight labor market. Companies like Accenture and JLL are investing heavily in training programs, while others, like Ogilvy UK, are leveraging peer learning. However, many firms still lack a strategic approach to skills development. Experts emphasize the importance of adaptability and continuous learning to navigate future job market changes.

Employers are increasingly focusing on retraining their existing workforce to meet new skill demands rather than hiring externally, a practice termed 'quiet hiring.' This approach is driven by the need for new skills and the challenges of a tight labor market. Companies like Accenture and JLL are investing heavily in training programs, while others are criticized for not doing enough. The trend emphasizes the importance of adaptability and continuous learning in the workforce.