this post was submitted on 05 Sep 2024
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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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[–] Lemjukes@lemm.ee 41 points 2 years ago (5 children)

As someone who got laid off in August, fuck.

[–] NOT_RICK@lemmy.world 20 points 2 years ago

Sorry homie, hope you find something without too much pain

[–] Telodzrum@lemmy.world 13 points 2 years 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.

[–] Flocklesscrow@lemm.ee 9 points 2 years ago (1 children)

Aka poor Managment is scape-goating tech workers

[–] Telodzrum@lemmy.world -3 points 2 years ago (1 children)

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

[–] naught@sh.itjust.works 6 points 2 years ago* (last edited 2 years ago) (2 children)

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

[–] rayyy@lemmy.world 2 points 2 years 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.

[–] Telodzrum@lemmy.world 1 points 2 years 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.

[–] Lemjukes@lemm.ee 5 points 2 years ago

Actually no, Theatrical Production.

[–] circuitfarmer@lemmy.sdf.org 1 points 2 years 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.

[–] eldavi@lemmy.ml 8 points 2 years ago (1 children)

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

[–] Lemjukes@lemm.ee 5 points 2 years ago (1 children)

We’ll get thru this together

[–] newbeni@lemmy.world 1 points 2 years ago

I'm part of this club too :(

[–] Fredselfish@lemmy.world 3 points 2 years ago (1 children)
[–] some_guy@lemmy.sdf.org 3 points 2 years ago

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

[–] Razzazzika@lemm.ee 1 points 2 years 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

[–] pete_the_cat@lemmy.world 32 points 2 years 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.

[–] stoly@lemmy.world 4 points 2 years 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.

[–] pete_the_cat@lemmy.world 3 points 2 years 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.

[–] hark@lemmy.world 29 points 2 years 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."

[–] NineMileTower@lemmy.world 19 points 2 years ago (3 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.

[–] GBU_28@lemm.ee 13 points 2 years ago (1 children)

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

[–] NineMileTower@lemmy.world 15 points 2 years ago (1 children)

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

[–] GBU_28@lemm.ee 13 points 2 years ago

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

[–] PenisDuckCuck9001@lemmynsfw.com 5 points 2 years ago* (last edited 2 years ago)

I sure am glad I have a computer engineering degree. This will come in handy when I'm homeless living in the woods.

[–] Sir_Kevin@lemmy.dbzer0.com 5 points 2 years 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.

[–] GBU_28@lemm.ee 15 points 2 years 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.

[–] bokherif@lemmy.world 9 points 2 years ago

Fucking Indeed

[–] BurningnnTree@lemmy.one 7 points 2 years ago

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

[–] HubertManne@moist.catsweat.com 2 points 2 years 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.

[–] BallsandBayonets@lemmings.world 2 points 2 years 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?