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US Job Openings Decline to Lowest Level in More Than a Year

bloomberg.com

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Re: US Job Openings Decline to Lowest Level in More Than a Year

#61

Post by lotsofpulp »

thehumanmeat wrote: post #26
candiddevmike wrote: post #15

Earlier quoted context omitted.

My hotter take: we're in an economic death spiral. There isn't enough juice that can be squeezed short of mass wealth redistribution to reinvigorate the economy, and what is out there is locked up in stocks that don't translate to revenue. Slashing rates will just skyrocket prices and over inflate our monetary supply, and further tax cuts will only whittle away what's left of government services and social safety net…

My hotter take: We've been in a depression since '08 https://fred.stlouisfed.org/graph/?g=cMV

What if some of the population is experiencing a depression, some are in a recession, some are in stagnation, and some are experiencing an expansion?

Re: US Job Openings Decline to Lowest Level in More Than a Year

#62

Post by pjc50 »

theultdev wrote: post #47
bluedino wrote: post #39

Earlier quoted context omitted.

Doesn't every president do that, just to do different industries?

Yes they do. Not sure why you're being downvoted.

No - not to anything like the same extent, and not through executive orders.

Re: US Job Openings Decline to Lowest Level in More Than a Year

#64

Post by pjc50 »

OGEnthusiast wrote: post #60
ojbyrne wrote: post #32

Earlier quoted context omitted.

Actually its easy if you're a multinational. You invest outside the United States.

The US needs an offshoring tax. If you want to sell to Americans you also need to hire Americans.

shrug enjoy paying more taxes for your consumption, I guess.

Re: US Job Openings Decline to Lowest Level in More Than a Year

#65

Post by acdha »

potato3732842 wrote: post #25
hombre_fatal wrote: post #7

Earlier quoted context omitted.

I think that's mostly just HNers assuming AI like Claude Code is already penetrating the day to day work of the workforce. "If I use, then everyone is probably using it". Yet AI penetration is so low right now that it probably has zero role in the job market. And it keeps us distracted from talking about the real reasons behind job opening decline. That said, once AI ubiquity picks up within the next few years, we'll…

Bespoke AI has not gotten everywhere but generic AI absolutely has. The workforce is happily making themselves more efficient by using AI on their phones for what used to be multi step look it up in the literature or your supplier's catalog or consult the instructions or read the rules process when performing cookie cutter tasks they know but don't remember exact specifications for.

Do you have a source for that? Everyone I know who works outside of tech is complaining about how AI is making their jobs harder because it’s wrong so much of the time that they’re spending more time correcting it than it saves, and it’s been a boon for cheaters looking to remove obvious tells from their attacks.

Re: US Job Openings Decline to Lowest Level in More Than a Year

#66

Post by toomuchtodo »

OGEnthusiast wrote: post #60
ojbyrne wrote: post #32

Earlier quoted context omitted.

Actually its easy if you're a multinational. You invest outside the United States.

The US needs an offshoring tax. If you want to sell to Americans you also need to hire Americans.

The HIRE Act: 25% tax on outsourcing - https://news.ycombinator.com/item?id=45161419 - September 2025 (19 comments)

Re: US Job Openings Decline to Lowest Level in More Than a Year

#67

Post by toomuchtodo »

pjc50 wrote: post #64
OGEnthusiast wrote: post #60

Earlier quoted context omitted.

The US needs an offshoring tax. If you want to sell to Americans you also need to hire Americans.

shrug enjoy paying more taxes for your consumption, I guess.

Yes, I do want to pay more to bolster my country's domestic workforce vs subsidizing corporate shareholders and offshore workers, while also having that come out of corporate profits. shrug

Re: US Job Openings Decline to Lowest Level in More Than a Year

#68

Post by hshdhdhj4444 »

bluedino wrote: post #39
mbgerring wrote: post #18

It makes sense that you wouldn't hire in such an uncertain environment. We have a President using emergency powers to affect sweeping, unpredictable, consequential changes to the economy that can dramatically alter unit economics overnight and completely tank a previously viable business. Within this calendar year, the President's ability to do this may be upended by pending court cases, an election, or both. Followi…

Doesn't every president do that, just to do different industries?

Not really.

Even setting aside whether the changes are good or not themselves, no President before has thrown away laws mandated by Congress the way the current President is.

Further, this wasn’t even considered a possibility and is only happening now due to a confluence of events… - the Supreme Court passing rulings that essentially make the President unaccountable

- the SC passing rulings preventing Congress from delegating powers which in practice means a lot of laws Congress had passed in the past have essentially disappeared (since the agencies tasked with making decisions related to them are no longer allowed to)

- Congress becoming completely supine and giving away as much power as they can

- a President that has accepted and is operating on what was until now a fringe legal theory of unbridled executive power ie “unitary executive” theory.

Re: US Job Openings Decline to Lowest Level in More Than a Year

#69

Post by tdeck »

notepad0x90 wrote: post #23

I was just telling someone the other day how all the talk of civil wars and unrest were overblown, Americans will never resort to that with the economy the way it is. Even in the '08 recession (and even worse scenarios), recovery was a possibility. There would be no jobs at the time, but you can reasonably expect them to be created in a few years. You could go to school and switch careers. But I think right now there…

Might be time to check with history and see how fascist governments have historically sought resources to boost their domestic economy...
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