Circling Back - Inaugural Newsletter

Welcome to Circling Back, the monthly job market newsletter by Ribbon! Circling Back is focused on the job market and professional networking. Helping you stay informed and have a leg up on the competition in today’s increasingly competitive job landscape.

The Do’s and Don’ts of Effective Virtual Networking

In the world of virtual networking, a thoughtful approach goes a long way. Here are a few tips:

✅ Do - Craft a personalized message when connecting

• Explain why you want to connect

• Mention a shared interest or recent achievement

✅ Do - Optimize your online profile

• Ensure your Ribbon (or other) profile is complete

• Use a professional (and not AI-generated) profile picture

❌ Don’t - Forget to follow up

• Send a personalized thank you message

• Express interest in continuing the conversation

❌ Don’t - Oversell yourself

• Be genuine and avoid exaggerations

• Focus on building authentic connections

Numbers that Matter

The Canadian economy added 25,000 jobs in November, slightly above what analysts expected. However, the unemployment rate rose to 5.8 percent, as the population grew faster than the number of jobs. This is the highest unemployment rate since April, when the economy was recovering from the pandemic.

The sectors that saw the most job growth were manufacturing and construction, while the sectors that lost the most jobs were wholesale and retail trade as well as finance, insurance, real estate, rental, and leasing.

The increase in the unemployment rate reflects the challenges that the Canadian economy is facing, such as high-interest rates, low consumer confidence, and global trade tensions.

Read the full Bloomberg article here

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Job Market Insights

These are the 10 tech jobs that offer the highest median annual salaries in the U.S., according to the U.S. Bureau of Labor Statistics:

• Computer and Information Systems Manager: $151,150

• Computer and Information Research Scientist: $126,830

• Software Developer: $110,140

• Information Security Analyst: $103,590

• Computer Network Architect: $116,780

• Database Administrator: $98,860

• Web Developer: $77,200

• Computer Systems Analyst: $93,730

• Computer Programmer: $89,190

• Computer Support Specialist: $55,510

Read the full Forbes article here