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.
As someone who got laid off in August, fuck.
Sorry homie, hope you find something without too much pain
as someone who’s getting axed sometime this quarter; i’m not far behind and will you hold my hand?
We’ll get thru this together
I’m part of this club too :(
Laid off in July here.
Laid off April of 2023. Guess I was pretty lucky that the company was imploding early.
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
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.
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.
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.
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.”
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.
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.
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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.
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.
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.)
Fucking Indeed
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.
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?
