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.
Tech? It seems like Lemmy is overindexed on people in the tech industry. And that industry is undergoing a seismic correction in workforce population.
Nah, there are just too many tech workers. We need to produce fewer of them.
as someone who’s getting axed sometime this quarter; i’m not far behind and will you hold my hand?
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.
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.
Hey buddy hope you’re ok today. Are you looking to chat or solution about it, or just venting
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.
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.
