I have no earthly clue what world economists are living in where the labor market is great.
I’ve been looking for a job for over a year (in tech, over a dozen years as an SDE, a dozen more as a TPM, lead role in both titles). Whenever I can get an employer to actually respond to the hundreds of applications I send, their salary offerings are a joke.
Are people just out there taking 20% - 30% haircuts on what they make?
Yeah, tech. Updated my original comment to clarify.
Honestly, the bit from the article that rang most accurate was this:
Lastly, it’s possible that many Americans think the Bureau of Labor Statistics’s job opening figures are overstated. For example, some job seekers have reported encountering “ghost jobs” — listings on job platforms that companies are no longer actively hiring for.
I’ve been keeping track of the roles I’ve gone after (well within qualification for) and I’m seeing a lot of re-listings for roles that closed out my application (with no outreach) and just relisted the req after a few weeks, over and over again.
I’m not saying the listings are fake, but if they were fake, this is pretty much what it would look like from the outside.
Been in the same situation, with closer to mid-level experience. A plethora of companies, constantly hiring for the same positions while rejecting hundreds of applicants, week after week. Makes total sense. I can only hope there’s something illegal about it.
I’m seeing exactly the same thing. Certain companies re-listing the same position for months on end, despite hundreds of people applying.
According to this article I read recently, some companies are either doing it to give the illusion that they’re thriving and planning to take on more staff, or just to keep a pool of potential applicants on the back burner just in case.
It sucks. I’ve been looking to make a career change for over a year, and have only had two interviews despite sending out literally hundreds of applications.
That sucks too – but do stick with it, find a good consultant who can help you polish up your resume and socials. You and me both will find something soon enough. :)
They’re measuring job offerings against unemployment claims rate. If there’s toilet scrubbing jobs out there and you don’t qualify for any benefits: that’s a humming labor market to an economist.
I remind people that the fastest way to “create a job” is to take a full time position with benefits, cut the hours in half and divide them amongst two new positions after removing the benefits and now you have a 100% increase in the supply of jobs.
My first ‘legal’ job when I was a minor was working maintenance at a retirement facility. I was hired along with another high schooler at minimum wage.
It was a summer gig and right before I quit to go back to school the main maintenance guy revealed that we had replaced a single person who was paid our combined wage.
Haleon/GSK has almost exclusively started offering only coops/internships in upstate NY. Not a single non hourly/salaried position in the last 6 months. Laid off 40-50 in the last year, brought on a dozen students.
Billionaires are an arms reach away from being trillionaires.
The stock market is lawless and traders are making bank.
And all those miserable annoying normal people are losing their homes, moving into 1300 dollar a month closets, and losing any semblance of luxury to be good little hungry 13 dollar an hour slaves like they should have always been.
It's cool though. It's all about the rich and murdering Palestinian woman and children.
The “labor market” is great for jobs paying <$15/hr. Go to your local gas station, dollar store, or restaurant and you’ll probably see a help wanted sign.
Over that and youre kinda fucked unless you have a niche role to fill.
Yeah, talking about jobs being created without any context on the types of jobs being created is meaningless. Great, there are now more part-time jobs paying minimum wage with no benefits and erratic schedules near me, just the sort of job creation I was waiting for so I could regress in my career.
Yeah it all looks good when youre part of it. Standing on the outside looking in though is a souring perspective. Thing is, nobody wants to hear how hard the hard-hit have it
For those interested in discussing their job searches, did you know there’s a !jobs community? Not terribly active at the moment, but given the discussion here there seems to be some potential interest
Oh look, another article where privileged folks point at lines on a chart and tell us we’re wrong for acknowledging that our lived experiences and those of our friends suck in recent years.
I had to quit my job last year both for health reasons and because we decided to put our daughter in online school.
I was a video editor before all of this. I was already unable to find a job in my field for a few years because everyone marketing person’s boss told them to download a free editing app and just shoot it all on their iPhone. Doesn’t matter if it sucks, it’s cheaper. And by the time I’m back on the job market, they’ll use AI to do it. And it will still suck compared to what I can do, but they won’t care because it’s cheaper.
I’m turning 48 next month. I feel like I’m basically doomed to work shit jobs that I hate until I die.
I tend to believe the progression of technology hasn’t been a good thing for your typical worker. With AI in particular, having workers at all seems to be at odds with the progression of technology at some point. Capitalism isn’t sustainable.
It’s exactly the same thing in the sense that a slingshot and nuclear bomb are the same thing. That is to say, the degree is so extreme that they might as well be unrelated.
I haven’t heard anyone propose that digital cameras are an existential threat to humans. This is no mere horse and buggy problem. If we develop generally intelligent AI it’s game over for our capitalist global economy.
I feel we’ve been through this several times already…
Jobs become obsolete. It sucks. But that’s the reality. AI is not a mistake, but it will kill a lot of livelihoods we care about in the creative scene. But just like coal mining, life will move on.
That’s the thing about all these articles on how well the job market is doing, while simultaneously there are tons of articles on layoffs and bankruptcies that they never acknowledge that all - the new jobs always feel like they are in gig and crap work.
It’s part of a concerted effort by the upper echelons of Capital to break the middle class - they own the media and use it to strategically time news to either move the market, influence legislation and policy, all while keeping people disillusioned and fearful.
I did contract work back when I was in L.A. and I can’t go back to that sort of financial uncertainty at this point. It also takes so much more effort just to keep getting paid. You have to spend all your time not working hustling for work.
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