 2023 is a tough year. At the beginning of the year, companies start to lay out lots of employees and luckily starting from Q3 Q4, the market started to warm up and the hiring starts to go up again. And the stock market started to pump up again. So what does 2024 job market look like? What kind of company will be hiring aggressively? And how would you prepare for the huge hiring search in 2024? In this video, I'm going to share with you the hiring prediction in Q1 2024 and all based on the insider information from my connections with interior companies. Make sure to stay until the end of this video. We are shared with the biggest hiring secret. This is Dr. Nancy Lee, a direct product on Future Inforbs. I've helped 100 people land their dream PM job offer in fan companies, a unicorn startup and continue to get promoted as a product leader. And in this channel, we cover tech trends and free product management training. Like and subscribe to check out the video every Tuesday. Number one thing we must admit that the second half of 2023 company and literally hiring very aggressively. If you follow the Forbes article and they saying that even in December 2023, the job market is still not slowing down. It's such an exciting news for all of us. And we should also reflection that why the stock market during that time is significantly higher than the beginning of the year. Now, what will happen in 2024? Let me break this down to you. First of all, what type of companies will be having aggressively in 2024? The answer is very simple. The company with high stock price and fast growth pace. For example, through the insider information of fan companies, how they decide when to hire who to hire. The board members already made decisions. Once the stock market of those Google meta, this company reached a certain level, they are going to hire again. Right now, as I'm filming this video, the stock market also went up like crazy. They already hit the threshold saying that, wow, the market start to warm up, it's time to hire more people. So if you ask me what will happen in 2024, it's quite similar. As long as the stock market continues to grow or even stay the same, these are the big tech companies will continue to hire for sure. Interestingly, even the price of Bitcoin and crypto start to shoot up again. So consumers start to have higher confidence of the market, then spend more money and companies start to make higher profit again. So that's why stock market continues to grow. They will continue to hire more people to serve the customer needs. I also have seen large amount of hiring in thin tech space, such as JP Morgan Bank, MasterCard and Visa. They continuously interview and hire a lot of my students. And clearly these banks are making good profit. That's why they're hiring lots of people right now. And even hiring around the middle of December, which means that start from January, they will start hiring again for sure. And another type of industry is healthcare. Healthcare is a recession proof industry. They always need lots of people to do innovation in healthcare. And also AI has been stepped into new domain of healthcare and many different industries boost the growth of technology in this space. So therefore I recommend all of you guys look into those industries. Now, what kind of jobs are in high demand? Of course, it will be AI related jobs. Could be AI product manager, AI engineer, AI project manager, anything about AI. If you look up online right now, so many job openings around AI in different companies. And companies like to put AI on their road map. For example, on Amazon, they have an AI accelerator, which means they want to discover different kind of new ideas of AI to accelerate the growth of AI. And this is just not Amazon. All companies start to put lots of effort into AI. Well, if you watch the demo of Gemini from Google, it will realize that Google and chat GVT open the AI is sort of compete heavily against each other. They are literally taking talent from each other's company and hiring so aggressively. And even on the job description of LinkedIn, some recruiters will intentionally leave their contact information for AI related jobs. But for traditional PM jobs, they're not going to put the contact information. Which means that all the recruiter want to get the best talent in the AI space and people are fighting for the AI talent. Therefore, I want everybody to brush up your AI skills. And something very important to remind you guys is that AI skills doesn't mean that you need to learn how to code, but you need to have the know-how and the knowledge of making technical decisions. I've played this a video teaching how to become a badass AI product manager should check out right here. Do not miss this AI trend. For anybody who want to dive deeper into AI product management and break into the AI space as a product manager, you should join the wait list because sometime in 2024, I'm going to launch this AI product management course in collaboration with head of AI of a different company. So I'm so excited to make available to all of you guys once available. So we can go to this website, join the wait list. You'll be the first person to access this amazing course. So as I predicted, the Q1 2021 is going to shoot up the hiring season. So therefore, if you're ready to prepare for your upcoming product manager job interviews, make sure to watch the sample answers in this playlist about product manager interview questions and answers to get ready for your upcoming important job interviews. This is Dr. Nancy Lee from PM Accelerator. Like and share and subscribe. I'm going to see you in the playlist right here.