this post was submitted on 05 Sep 2024

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142

You aren’t likely to lose a job in the US but may find it harder to land one (apnews.com)

submitted 1 week ago by [email protected] to c/[email protected]

33 comments fedilink hide all child comments

As Arias and other jobseekers can attest, the American labor market, red-hot for the past few years, has cooled. The job market is now in an unusual place: Jobholders are mostly secure, with layoffs low, historically speaking. Yet the pace of hiring has slowed, and landing a job has become harder. On Friday, the government will report on whether hiring slowed sharply again in August after a much-weaker-than-expected July job gain.

“If you have a job and you’re happy with that job and you want to hold onto that job, things are pretty good right now,” said Nick Bunker, economic research director for North America at the Indeed Hiring Lab. “But if you’re out of work or you have a job and you want to switch to a new one, things aren’t as rosy as they were a couple of years ago.’’

Since peaking in March 2022 as the economy accelerated out of the pandemic recession, the number of listed job openings has dropped by more than a third, according to the government’s latest monthly report on openings and hiring.

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[–] [email protected] 41 points 1 week ago (5 children)

As someone who got laid off in August, fuck.

[–] [email protected] 20 points 1 week ago

Sorry homie, hope you find something without too much pain

[–] [email protected] 13 points 1 week ago (3 children)

Tech? It seems like Lemmy is overindexed on people in the tech industry. And that industry is undergoing a seismic correction in workforce population.

[–] [email protected] 8 points 1 week ago (1 children)

Aka poor Managment is scape-goating tech workers

[–] [email protected] -3 points 1 week ago (1 children)

Nah, there are just too many tech workers. We need to produce fewer of them.

[–] [email protected] 6 points 1 week ago* (last edited 1 week ago) (2 children)

Too many were hired irresponsibly, which is not the fault of the worker.

[–] [email protected] 2 points 1 week ago

The employee market was tight so employers over-hired then culled the herd a bit. There are still jobs out there but it requires learning some skills.

[–] [email protected] 1 points 1 week ago

There’s a lot of blame to go around. Hiring may have created the demand, but the workers and training programs created the over abundance of supply.

[–] [email protected] 5 points 1 week ago

Actually no, Theatrical Production.

[–] [email protected] 1 points 1 week ago

Lemmy is definitely tech heavy, but I'd say that is to be expected given the nature of the platform. Many people in tech are also enthusiasts for open source projects.

[–] [email protected] 8 points 1 week ago (1 children)

as someone who's getting axed sometime this quarter; i'm not far behind and will you hold my hand?

[–] [email protected] 5 points 1 week ago (1 children)

We’ll get thru this together

[–] [email protected] 1 points 1 week ago

I'm part of this club too :(

[–] [email protected] 3 points 1 week ago (1 children)

Laid off in July here.

[–] [email protected] 3 points 1 week ago

Laid off April of 2023. Guess I was pretty lucky that the company was imploding early.

[–] [email protected] 1 points 1 week ago

Yep. Laid off at the end of July. The market sucks. I'm maybe getting 2 interviews a week on average. Compared to my last job search last year where I had so much ink on my calendar I couldn't find time for more interviews. Also I'm autistic and interviewing is very hard for me which is why even in that market I took 3 months to find something after my last layoff

[–] [email protected] 32 points 1 week ago (1 children)

with layoffs low

🤣🤣🤣 Tell that to the million or so tech workers that have been laid off en massé the past year! My friend's friend was a Senior Software Developer at Oracle for years and just got laid off a few days ago. Disney laid me off last year and I'm still looking for a job.

[–] [email protected] 4 points 1 week ago (1 children)

Software development is different. It’s an over saturated field and people in it get picked up quickly and dumped again just as quickly. Doing informatics or business IS is better because it’s stable and somewhat agnostic to position type.

[–] [email protected] 3 points 1 week ago

Me and at least two more of my coworkers (we got laid off at the same time) weren't software devs, we're Linux Sys Admins/Engineers. No one is safe.

[–] [email protected] 30 points 1 week ago

First it was: "The job market is hot."

Now it is: "Okay, the job market isn't actually hot, but you're secure in your current job."

Soon I'm sure it'll be: "Another once-in-a-lifetime economic event has occurred and no one is safe."

[–] [email protected] 19 points 1 week ago (2 children)

Well, this fucking blows. This morning I was looking for something to crash into so I would either die or not have to go to work.

[–] [email protected] 13 points 1 week ago (1 children)

Hey buddy hope you're ok today. Are you looking to chat or solution about it, or just venting

[–] [email protected] 15 points 1 week ago (1 children)

I'm 100% not ok. Not many solutions, but I keep on trying.

[–] [email protected] 13 points 1 week ago

Well, random dude wishing you well. I hope you find a way to a path that is more acceptable to you, soon.

[–] [email protected] 5 points 1 week ago (1 children)

I was feeling the same way, so I quit my shitty job. I have since been trying to find new income in a way that won't wreck me mentally. It's been nearly two years and I'm still searching. That probably doesn't help any but know that you're not alone.

[–] [email protected] 15 points 1 week ago

Always be shopping. Always be talking to new opportunities. It's the passive obligation of your current job to keep you, via acceptable/competitive comp and tolerable working conditions.

[–] [email protected] 12 points 1 week ago (1 children)

Whenever it does heat up, it's just obnoxious randos on LinkedIn hard core recruiting me for shitty positions that aren't even what I do.

[–] [email protected] 8 points 1 week ago (1 children)

You don't want to do remote work for someone in Saudi Arabia making greeting cards under a 2 month contract? The interview process only requires you do 20 hours of work unpaid to be considered.

[–] [email protected] 2 points 1 week ago

I see those as good, pretty much only if you are hurting for cash while being unemployed and looking. (And given that most if not all states in the US are at-will, you can resign when you find a better position.)

[–] [email protected] 9 points 1 week ago

Fucking Indeed

[–] [email protected] 7 points 1 week ago

Yeah I've noticed that there are far fewer job postings these days than there were a few months ago.

[–] [email protected] 2 points 1 week ago

things aren't as rosy as they were a couple of years ago

A couple of years ago it was a thornbush with no roses, so what does that say about now?

[–] [email protected] 2 points 1 week ago

Im seeing it. Many places seeking highly qualified people who already are working, mostly 100%wfh, and want to pay them what they already make in a hybrid role. Then places that have the talent now are desperate to not hire and would like to reduce even but realize that would cause them to stop all forward progress.