As someone who's about to quit to go work on their startup, glad to know things are gonna be terrible if everything goes to shit and I need to return to the job market.
US Job Openings Decline to Lowest Level in More Than a Year
251–260 of 376 posts
Re: US Job Openings Decline to Lowest Level in More Than a Year
#252Re: US Job Openings Decline to Lowest Level in More Than a Year
#253Earlier quoted context omitted.
What industry?
Packaging. Boxes, shippers, pallets, parts transports for use within automotive and other factories, etc. Very little direct to consumer or display stuff. Analysts use packaging companies as a canary for manufacturing in general.
Re: US Job Openings Decline to Lowest Level in More Than a Year
#254Earlier quoted context omitted.
They didn't outsource manufacturing, rely on foreign parties for critical tech, and rely on immigrants (legal or not) for both skilled and unskilled labor. They didn't have instant comms and globalized commerce either. Only tangentially related, the Nazis started the holocaust, in part, as a way to boost their domestic economy while making invasion supply chains viable. Less people to fight over resources, they were…
> They didn't outsource manufacturing, rely on foreign parties for critical tech, and rely on immigrants (legal or not) for both skilled and unskilled labor. Outsourcing manufacturing is new. But you are wrong about the other two. Why do you think fascists (and proto-fascists and the unrelated look-alikes) keep losing wars all through history?
Re: US Job Openings Decline to Lowest Level in More Than a Year
#255Re: US Job Openings Decline to Lowest Level in More Than a Year
#256Corporate America is such a weird place. They rather hire immigrants than retrain or educate existing workforce. Everything about the US economy is plug and play then discard. And if they can’t plug and play, they will just scrap the whole thing. That’s exactly what’s happening right now.
> if they can’t plug and play, they will just scrap the whole thing
This isn't just corporate America, it's all of America and all of humanity. Anything that's not plug and play has higher costs, higher risk, higher delays, and less chance of success.
Sudden and unexpected changes that increase uncertainty make it harder to invest in retraining, rather than easier. Increased uncertainty always decreases investment, because there's higher risk.
These are very very basic management considerations to anybody that runs a group, a lab, a small firm, or a large firm.
Re: US Job Openings Decline to Lowest Level in More Than a Year
#257[flagged]
> it would mean to move away from google & android etc. Where do you go?
I think there will be a lot of chaos in the coming years. But chaos also creates opportunities. There is a lot of local talk about moving away from US Tech and for new tech, you already see this happening. E.g. our local university has forbidden the use of most US LLM services (because of privacy and data protection issues) and are doing trials with Mistral. Most likely they'll roll out Mistral university-wide. Two years ago, they would have certainly gone Gemini.
Re: US Job Openings Decline to Lowest Level in More Than a Year
#258Corporate America is such a weird place. They rather hire immigrants than retrain or educate existing workforce. Everything about the US economy is plug and play then discard. And if they can’t plug and play, they will just scrap the whole thing. That’s exactly what’s happening right now.
How is that weird? If American's can't compete with the wage expectations of foreign workers then they're not going to be hired. If US workers can't compete then vote for less immigration. It's not the corporates or the foreigners fault, it's the government that's putting those groups first over US workers.
the US is terrible at protecting american jobs for americans. i am not overly educated on this but it seems like a lot of countries, europe specifically, are extremely protective of their jobs.
i don't think americans are somehow inherently more worthy of employment and opportunity than people from other countries, but it does seem like it may be a playing field that isn't very level if a lot of other countries are protecting jobs but the US isn't. in addition to our cost of living being tremendously high compared to the countries we outsource our work to, it isn't even an option for an american to go get a job in (for example) india and send home paycheck to support family in the US.
Re: US Job Openings Decline to Lowest Level in More Than a Year
#259Earlier quoted context omitted.
22/50 ~= half. No one claim it was half the population, other than you (strangely). TIL Moody’s Analytics is "doomer FUD".
"Half the US" very rarely means "slightly less than half of the states in the US" without any qualifiers. And yes, Moody's Analytics chief economist is generally known for making wildly inaccurate predictions. Regardless, your take on all of this is what I called doomer FUD, which goes well beyond Zandi's take.
Re: US Job Openings Decline to Lowest Level in More Than a Year
#260Earlier quoted context omitted.
2016 socio-economy and 2025/6 socio-economy are vastly different.
Go look, you see these types of articles every year, not just 2016.
Frenemies that play according to a rule book are more worthy than frenemies that have gone insane.