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Unemployed office workers are having a harder time finding new jobs

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Re: Unemployed office workers are having a harder time finding new jobs

#91
post #82

Earlier quoted context omitted.

To my ears, this is like my 10 year old nephew explaining why his favorite pro wrestler would never be a heel. "Also", he asks, "what's a heel?"

For the benefit of people who doesn't watch wrestling, do you mind explaining why the WSJ would support an administration at the end of its term and was likely to lose? Or for that matter, why "major publications" like the new york times have no problem with making anti-incumbent endorsements[1], despite the claim that "The WSJ and other major publications have a vested interest in brokering access by tailoring their…

A simple translation on the transactional relationship: because they know who butters their bread, and they know they can waffle into the next administration or current thing as long as they stay in the general good graces of the intelligence apparatus. It's wet behind the ears view a major news agency as anything other than an extension of the intelligence apparatus. Whatever supposed political leaning is symbolic and minuscule in the overall influence of direction and probably tied to useful wetness of ear of the hosts ego and not the overall apparatus. The heel comment could be likened to a hammer and anvil, with one party playing each role and the roles alternate over time but an overarching direction is being achieved by higher level thinkers.

Re: Unemployed office workers are having a harder time finding new jobs

#92
post #61

Earlier quoted context omitted.

The current administration's poor messaging on inflation and the economic problems faced by many Americans was a significant contributing factor to their loss of the election. ( https://www.barrons.com/articles/economy-2024-election-why-h... ) The WSJ and other major publications have a vested interest in brokering access by tailoring their coverage to be friendly to those in power. They are largely responsible for s…

>The WSJ and other major publications have a vested interest in brokering access by tailoring their coverage to be friendly to those in power Are you thinking of the Washington Post? You realize that the WSJ has been described as "right-centrist"[1]? It's unclear why they'd want to support a Democratic administration. Even the "friendly to those in power" excuse doesn't work too well. For most of the election Trump w…

The earth has also been described as flat.

You see how your wording is not very convincing (and Wikipedia is heavily left biased, in case you thought your citation has any weight).

While I can see how "the WSJ has been described as "right-centrist"", the Overton window has shifted so much so rapidly that the WSJ is now comfortably slightly left leaning based on the "old" political spectrum (and by "old" I mean pre-2020 or so).

(But that's just, like, my opinion man.)

Re: Unemployed office workers are having a harder time finding new jobs

#93
post #4

It’s been this way for at least 2 years. I suspect that WSJ held back such topics until after the election… The people I know that lose their job spend at least 1 year looking for a job. Usually at a significantly lower salary. With the current rate of inflation it’s a 1-2 punch that requires a big step down in lifestyle. I don’t really see these conditions changing until there is a AI bubble pop or something. Facebo…

There are a bunch of usual suspects for the current situation, some that are temporary but others that are very worrisome long term (for the US at least): 1. There was massive over-hiring at many tech companies during the pandemic boom. That hangover is still taking time to wring out. 2. The era of easy money is over. Lots and lots of speculative investments that make sense when interest rates are essentially 0 don't…

3 can be fixed to some degree with the right political will and sold as data privacy. Might not make the economists happy but one shouldn’t have to do public sector or adjacent work to avoid the bugbear of offshoring.

Re: Unemployed office workers are having a harder time finding new jobs

#94

Earlier quoted context omitted.

I think employers are bracing for another employee sided market and trying to juice their hand as long as they have it. My belief is a lot of F500 companies are running on skeleton crew H1B which might be a crumbly foundation. They will neg-neg-neg until the clock runs out.

They will just expand immigration visa programs (something Musk, who is in favor of such programs, says he will go to “war” over) or outsource. I don’t see any evidence for an employee favored job market. This is not 2020/21 anymore. The large corporations are firmly in power in tech.

What would happen if we uncapped the TFW/immigration/offshoring programs but essentially made it cost enough that you could give the displaced a locality adjusted floor wage?

Re: Unemployed office workers are having a harder time finding new jobs

#95
post #33

Earlier quoted context omitted.

That has some merit. At the same time falsifying skills or misrepresenting them should be just as bad.

How do you quantify skill falsification?

Exaggeration

A level of competency, recency or familiarity that is not accurate to what’s needed or communicated.

As much as many job posts can be wish lists (no hire is perfect, every hire can be a compromise of how much of each skill a candidate has), understanding what you bring, what is needed, and where you can grow relative to the position and the work ahead can mean a lot.

In some cases, a perfect candidate might mean limited time there or maybe three candidate gets bored.

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