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WSJ Your Money Briefing

Money Moves for the New Year: How to Level Up Your Career

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 24 December 2024

⏱️ 15 minutes

🧾️ Download transcript

Summary

New year, new job? A raise or promotion could lead to more money in your pocket and possibly more job satisfaction. We’ll hear from Wafa Shafiq, who has applied to more than 250 jobs, about her search. Host J.R. Whalen will be joined by WSJ columnist Callum Borchers and career coach Joyel Crawford to discuss how to navigate the job market, enhance your professional profile and position yourself for new opportunities.    Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

exchanges the goldman sacks podcast featuring exchanges on rates inflation and u.s recession risk

0:12.1

exchanges on the market impact of ai for the sharpest analysis on forces driving the markets

0:18.8

and the economy count on exchanges between the leading

0:22.1

minds at Goldman Sachs.

0:24.2

New episodes every week.

0:26.3

Listen now.

0:30.1

Here's your money briefing for Tuesday, December 24th.

0:33.8

I'm J.R. Whalen for the Wall Street Journal.

0:36.9

Welcome to the second episode of our series, Money Moves for the New Year.

0:41.4

This week, we're answering your questions about achieving your 2025 financial goals.

0:47.1

Today, it's all about work.

0:52.2

And we've talked about it on the show throughout this year.

0:55.0

Oh my gosh. Frustrated maybe doesn't even go far enough. There's a general feeling of stuckness right now.

1:01.5

Well, the whole job market is just really settled down quite a bit.

1:05.7

This year, the balance of power started to tilt away from workers as red-hot hiring cooled.

1:12.8

The unemployment rate ticked above 4% for the first time since 2021, according to the U.S. Bureau of Labor Statistics.

1:19.0

Historically, it's still low, but workers are having a harder time landing roles.

1:24.6

So will the job market improve in 2025?

1:32.8

If you're looking for a new gig, you might share the same New Year's goal as Wafa Shafik.

1:37.1

I am 25 years old, and I'm from Toronto, Toronto, Canada.

1:44.4

Wafa worked in marketing for a few years, but quit her job earlier this year to travel for a few months.

1:49.8

So while I'm traveling, I'm also applying and interviewing so that when I'm done around like February, which is when financially I should start working again, that I have something

...

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