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Why Americans' confidence in finding a new job is tanking even as the labor market is humming along
(www.businessinsider.com)
this post was submitted on 21 May 2024
161 points (95.5% liked)
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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?
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.
Yeah, tech. Updated my original comment to clarify.
Honestly, the bit from the article that rang most accurate was this:
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.
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.