31–38 of 38 posts
From my own, local experience: the job is there, they just don't have the money to hire someone to do it. But the need is there.
If I was to start a business, I would be asked whether the cashflow is good enough to run the business. If it's not, because maybe I need some expensive resources I have no way to pay for even though the need is there, the business surely should not exist.
It’s kind of interesting. When my sister graduated from college in 2003, the speaker mentioned it was the worst time ever to try and find a job. A couple years later in 2005, I heard the same thing when I graduated. I heard it at various other times over the years. And now today it is still the worst time ever to find a job. After hearing the same line, fairly consistently, for nearly 25 years, I’m having a hard time…
Earlier quoted context omitted.
We have this data[0]. It’s not that bad out there right now compared to 2008-2013 but it is way worse than a few years ago. Everything is relative when it come to how people feel. 0: https://www.newyorkfed.org/research/college-labor-market#--:...
My feeling is there are often factors which are not captured in job market statistics, which is why it's important to listen to the experience of grads seeking jobs. When I graduated in 2018, it took me a whole year to land a job (graduated with first class honours in electronics engineering in Australia, with 7 months overseas experience working for a chip design company in germany and a research scholarship at univ…
In aggregate yes, but in an individual sense I'd be very careful. There are a lot of people out there that are just bad at presenting themselves in a way to get hired. While the people that are good at it are likely getting hired pretty quickly and aren't thinking much about it. This can make it hard to get a good sense of how difficult it is to get hired. Additionally, the current general mood about the economy frequently gets ascribed to someone's current experiences.
Not saying today isn't super difficult though. I think the video has quite a few good points, especially around the risk of not hiring junior employees. Its thankless to do that though, as a business you spend a lot of time and money training up someone to be good at their job, and most of them will leave to another job after a few years, and you are hoping someone else has done the same for you to hire someone at a mid level to replace them to keep the team in balance.
It’s kind of interesting. When my sister graduated from college in 2003, the speaker mentioned it was the worst time ever to try and find a job. A couple years later in 2005, I heard the same thing when I graduated. I heard it at various other times over the years. And now today it is still the worst time ever to find a job. After hearing the same line, fairly consistently, for nearly 25 years, I’m having a hard time…
Compared to the 90s, I'm sure those years did feel pretty awful, but 2008-2010 were far worse. The global financial crisis caused college graduates to return to school for additional 1-2 year degrees in order to simply defer student loan payments, and avoid the job market. Once they graduated from their masters programs, or additional majors, they were still applying for the same entry level positions.
Earlier quoted context omitted.
> My feeling is there are often factors which are not captured in job market statistics they absolutely manipulate the numbers and choose a formula that doesn't accurately represent most people's feelings about the market. I always trust a lot of anecdata over the "official" numbers - word of mouth almost always indicates a problem before the official numbers do.
>they absolutely manipulate the numbers and choose a formula that doesn't accurately represent most people's feelings about the market. Examples of this?
Earlier quoted context omitted.
>they absolutely manipulate the numbers and choose a formula that doesn't accurately represent most people's feelings about the market. Examples of this?
Well an obvious recent attempt happened in America with their latest jobs numbers. The President tried to bully the record keeper to change the numbers. When that didn't work the President moved to fire the record keeper (the last I checked the record keeper still has their job).
Entry level candidates must get some midlevel skills & experience to become hireable.
The education system is inadequate right now, so this means building a portfolio.
Fortunately there’s an infinitely patient teacher you can lean on: AI! Plus an insanely good resource in the form of youtube.
It’s never been a better time to be a self-starter.
And it’s never been a worse time to be hat-in-hand, out there begging for a job.
Earlier quoted context omitted.
> My feeling is there are often factors which are not captured in job market statistics they absolutely manipulate the numbers and choose a formula that doesn't accurately represent most people's feelings about the market. I always trust a lot of anecdata over the "official" numbers - word of mouth almost always indicates a problem before the official numbers do.
>they absolutely manipulate the numbers and choose a formula that doesn't accurately represent most people's feelings about the market. Examples of this?
and they don't count ppl who stopped looking for work for whatever reason nor do they count underemployed ppl who are working, but still don't earn enough to live.