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U.S. job openings post biggest drop in more than four years

reuters.com

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Re: U.S. job openings post biggest drop in more than four years

#251

Post by sosborn »

rayiner wrote: post #155
sosborn wrote: post #120

Earlier quoted context omitted.

> About 90% of reporters are left of center How would one even go about defining what center is? And when we say "left of center," how far to the left are we talking about?

Left of what is the center in the audience of people they are talking to. About equal numbers of Americans identify as Democrat or Republican: https://news.gallup.com/poll/15370/party-affiliation.aspx . Meanwhile, self-identified Democrats outnumber Republicans 4:1 among the news media: https://www.politico.com/blogs/media/2014/05/survey-7-percen... . Another analysis: https://www.businessinsider.com/charts-show-the-…

> About equal numbers of Americans identify as Democrat or Republican:

We say this as though Democrats and Republicans fall neatly on a straight line.

Re: U.S. job openings post biggest drop in more than four years

#252

Post by chrisco255 »

NotSammyHagar wrote: post #240
akvadrako wrote: post #88

Earlier quoted context omitted.

Most news organizations are biased one way or another. About 90% of reporters are left of center, that probably also applies to Reuters. They do keep the spin to a minimum, I’ll give them that.

I disagree that most news sources are biased. This is a lazy claim that is used to explain away a lot of biases by fox news, because "they are all biased". You have to explain what bias means, and what you mean by 90% of reporters are left of center. In my experience most reporters try hard for a middle balance.

The problem with bias is it's not immediately apparent to people who stay within their bubble that they are biased at all. This goes for the left just as well as the right. But let's it put it this way, if we were to do a survey of all journalism majors at universities over the past 20 years, which side of the spectrum do you think they fall and what would be the magnitude of that slant? I would guess it's at least 3:1 if not 10:1 for left-leaning graduates of journalism. Whereas, if you were to take a survey of say, plumbers or firefighters, the slant would probably go the other way. Now, with ratios like that, you're not going to be able to be "middle of the road" as much as you try. Unless the industry itself is relatively balanced. It's not by far, though.

Re: U.S. job openings post biggest drop in more than four years

#253

Post by chrisco255 »

mAEStro-paNDa wrote: post #137
sosborn wrote: post #120

Earlier quoted context omitted.

> About 90% of reporters are left of center How would one even go about defining what center is? And when we say "left of center," how far to the left are we talking about?

This is an important point. One could argue, and some have, that the center of US political discourse is actually firmly right of center, especially when compared to European nations for example.

Obviously "center" is an ephemeral term that oversimplifies a complex spectrum of political positions.

Re: U.S. job openings post biggest drop in more than four years

#254

Post by chrisco255 »

octokatt wrote: post #136
akvadrako wrote: post #88

Earlier quoted context omitted.

Most news organizations are biased one way or another. About 90% of reporters are left of center, that probably also applies to Reuters. They do keep the spin to a minimum, I’ll give them that.

By the best estimates, it's more like a 3-1 split, with a solid amount of journalists actively trying to stay in the middle and do good reporting. [1] Also, more meta-analysis studies like this need to be created and reported _to everyone_. [1] https://www.mrc.org/special-reports/liberal-mediaevery-poll-...

Here's the thing, you can have journalists trying their best to stay in the middle and do good reporting and yet, a handful of corporate executives can completely shape the narrative of the day and choose to run one story over another, or one headline over another, and the journalists on the ground are powerless to do anything about it.

Re: U.S. job openings post biggest drop in more than four years

#255

Post by downerending »

bgee wrote: post #248
downerending wrote: post #238

Earlier quoted context omitted.

The Google recruiter told me that I passed that and the follow-on hiring committee. I have no reason to believe that wasn't true, especially since the people in the all-day seemed genuinely enthusiastic about me. I didn't say they didn't hire me for age. Rather, I was offering that as a proof of sorts that my skills are current and yet I had a hard time getting hired. (I did hear via back channels that I was nixed th…

Please see my comment above. https://news.ycombinator.com/item?id=22079448 Recruiter would not know if you have passed, I assume you mean your package was sent to the hiring committee? If you did not receive an offer after your package passed hiring committee, one common reason I heard was there is no head count. A not recent news: Google Settles Age Discrimination Lawsuit [0] [0]: https://www.forbes.com/sites/jackke…

I was told by the recruiter that the hiring committee had passed me, and I subsequently had a conversation with a team manager that seemed fine. Then heard I was nixed at the final executive review--something like that.

Was contacted after the usual six months by a new recruiter wanting me to apply again. Asked what happened last time, which he seemed to know nothing about. He investigated, and came back with the corporate-speak I interpreted as "too old" (though phrased in a way that would probably avoid legal issues).

The "no head count" explanation doesn't make much sense to me. And in any case, given the effort required to go through the process, it'd be kind of a dick move to be interviewing candidates when there were no openings.

Their recruiters continue to contact me about every six months.

Re: U.S. job openings post biggest drop in more than four years

#256

Post by [deleted] »

asdff wrote: post #200
kccqzy wrote: post #94

Earlier quoted context omitted.

Definitely no. The popularity of 401k plans and as such makes the fortunes of many middle class Americans directly tied to gyrations of Wall Street.

Only if you are 60 and about to retire does this matter. Not like a 20-50 year old will tap into their 401k, and not like they have too much saved in these funds to begin with. Most of the middle class with retirement plans will ride this out like they did the last recession and every one before that. They might have to hold off on buying a new car for a year or three, but they will be fine when the business cycle ri…

[deleted]

Re: U.S. job openings post biggest drop in more than four years

#257

Post by RickJWagner »

refurb wrote: post #206
nostromo wrote: post #194

Earlier quoted context omitted.

HN comments are like ZeroHedge -- we've predicted 14 of the past 2 recessions.

I'd love to see someone do an analysis of "recession almost here" posts on ZeroHedge over time. There are probably at least one per day for the past decade. My prediction - someone's guess will turn out to be right and they'll be the new investing star for the coming decade.

The very best advice about timing of recessions and recoveries comes from Jack Bogle:

"Nobody knows nothing."

Re: U.S. job openings post biggest drop in more than four years

#258

Post by imtringued »

joelbluminator wrote: post #14

I actually kinda want the stock market to crash although all of my money is in it. At least we'd all stop worrying about when it's gonna crash once it has and move on with our lives :)

Do you happen to retire in the next few years or why would you care about short term liquidity of your stocks?

Re: U.S. job openings post biggest drop in more than four years

#259

Post by jghn »

meddlepal wrote: post #204
tomjen3 wrote: post #193

Earlier quoted context omitted.

If it is 12 to 18 months away it will happen just after the election this winter. That will be fun.

Alternatively timed perfectly to let the Republicans hammer the Democrats if they win all the way until 2024. I'm pretty convinced the Democrats will be toast as a party by 2030 once they get saddled with imploding the economy by no fault of their own other than bad timing.

It was right around 10 years ago when headlines were going around saying "Will the GOP ever win again?"

Re: U.S. job openings post biggest drop in more than four years

#260

Post by bgee »

downerending wrote: post #255
bgee wrote: post #248

Earlier quoted context omitted.

Please see my comment above. https://news.ycombinator.com/item?id=22079448 Recruiter would not know if you have passed, I assume you mean your package was sent to the hiring committee? If you did not receive an offer after your package passed hiring committee, one common reason I heard was there is no head count. A not recent news: Google Settles Age Discrimination Lawsuit [0] [0]: https://www.forbes.com/sites/jackke…

I was told by the recruiter that the hiring committee had passed me, and I subsequently had a conversation with a team manager that seemed fine. Then heard I was nixed at the final executive review--something like that. Was contacted after the usual six months by a new recruiter wanting me to apply again. Asked what happened last time, which he seemed to know nothing about. He investigated, and came back with the cor…

By "no head count" I meant was it could happen that the head count they are conducting interview for was lost by the time the package reached its final stage. Giving Google's extremely long hiring process, I imagine this happens more often to Google then to other tech companies.

I do wish companies are more transparent about their hiring decisions.

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