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
Tech? It seems like Lemmy is overindexed on people in the tech industry. And that industry is undergoing a seismic correction in workforce population.
Aka poor Managment is scape-goating tech workers
Nah, there are just too many tech workers. We need to produce fewer of them.
Too many were hired irresponsibly, which is not the fault of the worker.
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.
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.
Actually no, Theatrical Production.
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.
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