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Lowest “Who is hiring?” Post Count in 30 Months

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Re: Lowest “Who is hiring?” Post Count in 30 Months

#221

Post by pcorsaro »

pc86 wrote: post #67
kiernanmcgowan wrote: post #47

Earlier quoted context omitted.

It feels like _something_ is happening, but it's not quite the recession that people are fearing. The US is somehow at the lowest unemployment rates we've seen and people are saying it's all going to collapse which just feels off. If the US hits 5% unemployment that simultaneously worse off than where we are but still a solid economic position. My pet theory is that everyone is just tired, so damned tired, and seeps…

Tired of (or from) what? With the major exception of the pandemic/remote work, the world is not markedly different than it was in 2013 or 2003. What makes it seems like 2023 is so different?

I run a small business that sells supplies to restaurants and other small businesses. Everyone I deal with is busier than they've ever been with less help than they've ever had. Hardly anyone has been able to take a vacation for 3 years now. There's a multitude of things going on that are drastically different than 10 or 20 years ago. There's a schism being created in this world with the work from home crowd being one side, and the warehouse/foodservice crowd on the other side. The warehouse side has a huge demand, in part because of the pandemic, and also in part because of the work from home crowd not leaving their house as much. None of the restaurants can afford to pay what the warehouse jobs are paying. The number of people willing to work in the food industry is lower than I've ever seen it.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#222

Post by itsoktocry »

anonygler wrote: post #37

I feel like people are trying to wish the economy into a recession / depression, but I really don't see it happening. I do see some belt tightening wrt SaaS expenditures. There's still a massive demand for labor. While the housing market has fallen, the actual cost of buying a house is still rising. Rate increases have well outpaced the list price reductions. So I think all this talk of a recession is just a bunch of…

>So I think all this talk of a recession is just a bunch of reporters trying to jeer people into that state of mind for clicks.

Economies don't roll-over in a month, sometimes it takes years. But this cycle has peaked. Inflation and rising interest rates will cause all kinds of issues, including the highest mortgage rates in 30 years.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#223

Post by wombatpm »

randomsearch wrote: post #195
harryvederci wrote: post #23

I don't know the intention of the author, but I see like a lot of "Look, it's happening! The economy is going down!" posts pop up these days. Which may be true, but it can also be a self-fulfilling profecy if everyone is doing that on all platforms. Which would be a shame. I'm not saying HN and other platforms should censor (/ take action) either. It's just a thought I have on this subject, and I don't know if there…

If sites like HN were that influential we’d all be running Linux on the desktop and listening to our nomads. Not sure if that’s a good or bad thing.

I find my zune to be a perfectly cromulent device

Re: Lowest “Who is hiring?” Post Count in 30 Months

#224

Post by mywittyname »

zeroonetwothree wrote: post #198
mywittyname wrote: post #163

Earlier quoted context omitted.

The "expansion in the money supply" has been going on for 15 years. The supply issues started 2.5 years ago. The inflation started about 2 years ago. So only one of those factors is correlated with serious inflation. The explicit goal of expanding the money supply in 2009 was to drive inflation in order to combat deflation. It didn't work. We ended up with a decade+ long period of low/no inflation. Even today, the US…

Money supply has roughly doubled since 2020. So you are not correct. https://fred.stlouisfed.org/series/M2SL

That big spike is literally just a change in the definition of M1/M2 money supply. Specifically, in May 2020, the Fed began including certain liquid investment accounts. So you can't compare pre-May 2020 figures with post-May 2020 figures because they are measuring different things and they aren't going to go back and retroactively fix the figures.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#225

Post by speby »

harryvederci wrote: post #23

I don't know the intention of the author, but I see like a lot of "Look, it's happening! The economy is going down!" posts pop up these days. Which may be true, but it can also be a self-fulfilling profecy if everyone is doing that on all platforms. Which would be a shame. I'm not saying HN and other platforms should censor (/ take action) either. It's just a thought I have on this subject, and I don't know if there…

I mean, it's not just anecdotal, or only looking for bad news. New job postings in general are down markedly: https://www.cnbc.com/2022/10/04/jolts-august-2022.html

Re: Lowest “Who is hiring?” Post Count in 30 Months

#226

Post by fundad »

harryvederci wrote: post #23

I don't know the intention of the author, but I see like a lot of "Look, it's happening! The economy is going down!" posts pop up these days. Which may be true, but it can also be a self-fulfilling profecy if everyone is doing that on all platforms. Which would be a shame. I'm not saying HN and other platforms should censor (/ take action) either. It's just a thought I have on this subject, and I don't know if there…

People want ANOTHER round of layoffs because the high demand doesn’t help their candidates

Re: Lowest “Who is hiring?” Post Count in 30 Months

#227

Post by greenie_beans »

xtracto wrote: post #54
greenie_beans wrote: post #22

Earlier quoted context omitted.

https://layoffs.fyi/

I like https://www.trueup.io/layoffs a bit more because of the stacked chart. I was [pleasantly] surprised that September layoffs were less than half of the ones in the previous month.

nice! that's clever. thanks for sharing

Re: Lowest “Who is hiring?” Post Count in 30 Months

#228

Post by pyuser583 »

rgblambda wrote: post #186
pyuser583 wrote: post #173

Earlier quoted context omitted.

Those numbers don’t mean anything. The currency in Zimbabwe is so unreliable that barter has become the principal way of saving and storing wealth. Zimbabwe has “cow banks.” You take your cash salary, and give it to the cow bank. The cow bank uses the cash to buy a cow. The cow is put into a pen. You can make surprise visits to ensure the cows are alive, healthy, and not being “shared” with other customers. Interest…

This sounds like it's just investing in a cattle ranch.

A bit … each customers cattle is sequestered. You get an actual cow with a name/number. You can take the cow home if you want - it’s yours.

More like owning a pet horse.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#229

Post by fundad »

pitched wrote: post #220
harryvederci wrote: post #23

I don't know the intention of the author, but I see like a lot of "Look, it's happening! The economy is going down!" posts pop up these days. Which may be true, but it can also be a self-fulfilling profecy if everyone is doing that on all platforms. Which would be a shame. I'm not saying HN and other platforms should censor (/ take action) either. It's just a thought I have on this subject, and I don't know if there…

“The vibes are off” is the best way I’ve heard this explained: https://www.npr.org/2022/09/15/1123281909/vibecession-vibes-...

We are teetering on theocracy which doesn't bode well for employment.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#230

Post by outworlder »

brookside wrote: post #174
robertk wrote: post #79

Earlier quoted context omitted.

https://www.financialsamurai.com/best-time-to-start-a-busine... “ The Best Time To Start A Business Is During A Downturn”

Financial Samurai strikes me as sadistic. His post about Mr. Money Mustache's divorce is pretty horrible example of soulless SEO headings kicking a rival blogger when down https://www.financialsamurai.com/mmm-divorce/

ESH

He's kicking someone else when they are down, but that seems to be petty revenge in retribution for perceived attacks.

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