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.
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.”
As someone who got laid off in August, fuck.
as someone who’s getting axed sometime this quarter; i’m not far behind and will you hold my hand?
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.
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
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.
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.
