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Is America's jobs market nearing a cliff?

economist.com

641–650 of 693 posts

Re: Is America's jobs market nearing a cliff?

#641
post #350

Well as a single datum: After I got laid off in late 2023 I had a devil of a time finding work (despite having AI experience) to the point my unemployment ran out - And I was 20 years as a dev and tech lead and full stack, (never had trouble finding work) including stints as a leading EM and CTO, I’ve been an industry award winning innovation lead,a digital studio director, switching tech stacks and cloud certs all m…

Are you ready for great age of suffering? Because there will be no saving, no UBI, no plan B. This is it. This is the end of careers and beginning of centuries of misery. AI will replace everyone except around 3%. If you aren't one of those 3%, start accepting the reality of infinite pain.

Or you know the 97% can just kill the AI. I’d probably go that route.

Re: Is America's jobs market nearing a cliff?

#643

Earlier quoted context omitted.

No one knows you here. Give some real numbers. How much are you paying for housing? What’s your gross pay?

Numbers don't matter. If you can save 80% of your paycheck for 15-20 years and you invest it wisely, you are FI on the 4% rule.

So exactly how do you save 80% off of $175K and live off of $30K a year? Especially considering everything above your 401K max is post tax?

That’s only twice the minimum wage and even in Atlanta they are offering cashiers at McDonalds more than that.

Re: Is America's jobs market nearing a cliff?

#645

Earlier quoted context omitted.

No. Impressive candidates are applying to jobs that pay somewhat reasonably, even if it's below what they expect. If candidates who are desperate are still completely skipping over a company, that says something about that company.

I am also hiring, in Europe with very good work/life balance but modest salaries and like the parent I'm also not that impressed with candidates, so to me the other explanation is that candidates have a wildly incorrect estimation of what is a somewhat reasonable pay in 2025. The position with FAANG like salaries have reduced drastically. Companies paying 6 figures just to have the privilege to have an entry level de…

Are you hiring remotely in Europe? Gonna blow your mind with my skills if you are.

Re: Is America's jobs market nearing a cliff?

#647
Huh, the link now points to an article titled:

> "Why worries about American job losses are overstated."

Instead of the archived version.

While the beginning of the article is the same, the last line in the preview differs:

> Original: "...to support a weakening jobs market."

> New: "...to support a weakening jobs market. Look closer, however, and much of the gloom seems to be overdone."

Though I don't have a subscription to check the rest of the article.

Re: Is America's jobs market nearing a cliff?

#648
post #311

Well as a single datum: After I got laid off in late 2023 I had a devil of a time finding work (despite having AI experience) to the point my unemployment ran out - And I was 20 years as a dev and tech lead and full stack, (never had trouble finding work) including stints as a leading EM and CTO, I’ve been an industry award winning innovation lead,a digital studio director, switching tech stacks and cloud certs all m…

The number of just straight out NO's I've gotten has been surprising and disheartening. I've been a developer for 20 years and genuinely don't think I've gotten an outright "no" before this year. Usually just no response. I've gotten maybe eight or nine actual rejections this year. It's honestly worse, emotionally. Ideally I want a job outside my wheelhouse to learn and move forward, but it seems like no one these da…

Before COVID I would regularly apply for jobs, almost always get them, and decline largely to keep my interview skills fresh.

Well, wait, isn't this just karma in action, then? Sounds like you deliberately wasted a lot of other peoples' valuable time.

Re: Is America's jobs market nearing a cliff?

#649

Earlier quoted context omitted.

This is so condescending and infantilizing of young people. Of course many of them have it hard. They’re not the first, and they won’t be the last, but they’ll figure it out. I graduated right before the collapse in 2008, and I’ve spent the last 17 years hustling, scraping, and clawing to make, save, and invest every dollar I could. It wasn’t easy, and after a divorce and a recent layoff, it’s still not. Particularly…

What's condescending is telling a whole generation of people who are working two jobs and barely able to make rent to "save". I'm older than you and now doing fine AND able to save/invest but after multiple once-in-a-lifetime events that reset all of my progress each time, the last thing I need to hear from some out-of-touch old person is bullshit avocado toast pull yourself up by your bootstraps comments.

Wait, so the entire generation is working two jobs, or they're unable to find work? I constantly hear both...which is it?

And no one here said anything about avocado toast or pulling yourself up by your bootstraps. Sounds like you're just making assumptions and ranting against a strawman.

Serious question: if your kids were in the situation you're talking about, struggling to pay rent, and you couldn't help them financially, what advice would you give them? What would you hope they'd do? I'm genuinely curious.

Re: Is America's jobs market nearing a cliff?

#650

Earlier quoted context omitted.

>No Jira If I was trying to attract intelligent applicants looking for work outside of software engineering, that would be in the headline.

What about also excluding "Scrum Masters" and then "Fibonacci Numbers" and two week "sprints"?

Just dropping by to say how much I passionately hate documentation that uses fib() as an example.
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