The Job Market Is Frozen
theatlantic.com
The Job Market Is Frozen
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Re: The Job Market Is Frozen
#2I feel this. A side effect has been a lot of unhappy people in my workplace. People clearly don't want to be here, but they can't move, and there's an air of discontent.
Re: The Job Market Is Frozen
#3Employers too choosy. It's like everything else in the post-2010s economy: you have to be really talented to get ahead'; otherwise you are stuck or unemployed or menial jobs.
Re: The Job Market Is Frozen
#4Re: The Job Market Is Frozen
#5Employers are afraid to take new hires in unprecedented and unpredictable times. It's not going to get better until the daily news becomes boring again.
Re: The Job Market Is Frozen
#6> Kyle M. K., a talent-strategy adviser at Indeed, told me. “Survive Until ’25” became an unofficial rallying cry for businesses across the country.
All kinds of business? AFAIK that saying is/was specific to commercial real-estate, where nobody wants to admit that the valuation of the property might have gone down, and they're trying to delay and obscure it for long enough that they can pretend it never happened.
Re: The Job Market Is Frozen
#7If you want data on it; the St Louis Fed has some really good stats for job postings on Indeed in various sectors going back to 2020. They're rough in a lot of industries:
IT Operations and Help Desk: https://fred.stlouisfed.org/series/IHLIDXUSTPITOPHE
Software Development: https://fred.stlouisfed.org/series/IHLIDXUSTPSOFTDEVE
Banking and Finance: https://fred.stlouisfed.org/series/IHLIDXUSTPBAFI
Hospitality and Tourism: https://fred.stlouisfed.org/series/IHLIDXUSTPHOTO
Scientific Research: https://fred.stlouisfed.org/series/IHLIDXUSTPSCREDE
Electrical Engineering is going pretty well though: https://fred.stlouisfed.org/series/IHLIDXUSTPELECENGI
Re: The Job Market Is Frozen
#8If you want data on it; the St Louis Fed has some really good stats for job postings on Indeed in various sectors going back to 2020. They're rough in a lot of industries: IT Operations and Help Desk: https://fred.stlouisfed.org/series/IHLIDXUSTPITOPHE Software Development: https://fred.stlouisfed.org/series/IHLIDXUSTPSOFTDEVE Banking and Finance: https://fred.stlouisfed.org/series/IHLIDXUSTPBAFI Hospitality and Tour…
I disagree on the quality. Google trends reflects a general decline of Indeed popularity, which could lead to fewer postings.
However yeah, places aren't really hiring. Absurdly gerrymandered roles and specific tech stacks point to probably more backrubs than hiring. Which is fine, if you want crony mcauthorized knuckledragger, take him, your product, your marketing, your teams, your contracts, and your whole history, and gtm.
Re: The Job Market Is Frozen
#9If you want data on it; the St Louis Fed has some really good stats for job postings on Indeed in various sectors going back to 2020. They're rough in a lot of industries: IT Operations and Help Desk: https://fred.stlouisfed.org/series/IHLIDXUSTPITOPHE Software Development: https://fred.stlouisfed.org/series/IHLIDXUSTPSOFTDEVE Banking and Finance: https://fred.stlouisfed.org/series/IHLIDXUSTPBAFI Hospitality and Tour…
I disagree on the quality. Google trends reflects a general decline of Indeed popularity, which could lead to fewer postings. However yeah, places aren't really hiring. Absurdly gerrymandered roles and specific tech stacks point to probably more backrubs than hiring. Which is fine, if you want crony mcauthorized knuckledragger, take him, your product, your marketing, your teams, your contracts, and your whole history…
It looks pretty flat to me over the last 5 years which roughly corresponds with their data:
https://trends.google.com/trends/explore?date=today%205-y&ge...
Maybe a small decrease over the last year.
Re: The Job Market Is Frozen
#10If you want data on it; the St Louis Fed has some really good stats for job postings on Indeed in various sectors going back to 2020. They're rough in a lot of industries: IT Operations and Help Desk: https://fred.stlouisfed.org/series/IHLIDXUSTPITOPHE Software Development: https://fred.stlouisfed.org/series/IHLIDXUSTPSOFTDEVE Banking and Finance: https://fred.stlouisfed.org/series/IHLIDXUSTPBAFI Hospitality and Tour…
my experience with indeed, simply put: it rewrote my cv: added degrees i do not have and upgraded the one I have. That was the end of it for me. Perhaps, your mileage may vary.