• @neuracnu
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    26 days ago

    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?

    • @ZombiFrancis@sh.itjust.works
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      4925 days ago

      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.

      • @NauticalNoodle@lemmy.ml
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        25 days ago

        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.

          It is a long established strategy.

      • Bakkoda
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        625 days ago

        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.

      • @iopq@lemmy.world
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        325 days ago

        What does that mean? You can still claim unemployment if you don’t apply to toilet scrubbing jobs

    • nek0d3r
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      1725 days ago

      I feel you. I lost my job in January and I’ve had literally not even a single callback or interview. It’s insane.

      • @neuracnu
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        625 days ago

        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. :)

    • @Habahnow@sh.itjust.works
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      826 days ago

      What industry? I’m more of less in the same boat as you. I’m in tech, and this articles assessment seems pretty spot on from my perspective.

      • @neuracnu
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        3425 days ago

        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.

        • @aleph@lemm.ee
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          25 days ago

          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.

        • @degen@midwest.social
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          925 days ago

          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.

    • @yarr@feddit.nl
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      425 days ago

      I have no earthly clue what world economists are living in where the labor market is great.

      100% of employed economists writing these reports are employed, so from their perspective everything is great.