I will say this, your Resume Rocket Fuel course was a game changer. Before taking the course, I never had calls or invites to interviews. Now that I use your knowledge, I do get calls and interviews. I just haven't made it to the job offer stage just yet.
If you're applying on places like ZipRecruiter, LinkedIn, and Indeed, then you're not using them the right way. Never apply for jobs through them , Instead use them like a search engine for job leads and go to the companies' websites and apply there instead and absolutely do not pay for services on those websites either because they will not get you any closer to getting a job than just applying straight to whatever company from their website
I agree completely. I really want to make a transition to a different skillset but stay in my current career sphere. However it's so damn risky right now in the games industry. I am better off staying put in my current role until the layoffs in my industry stop.
@@chynawall8500With 1000 applicants per hour per job on LinkedIn we don’t ANY POWER or any say. You go into the office for 1/2 the pay or move in with momma. Take it or leave it. That happens in every recession. We had our day now CEOs are having theirs and loving all the folks with 10 years experience working for junior salaries going back to the office
financial planning and retirement strategies are crucial, especially in today's economic climate. With global economic fluctuations and uncertainties, it's essential to have a solid plan in place to protect your financial future.
the fear of not being able to retire comfortably, people might be tempted to make risky investments or neglect proper financial planning, which could spell trouble for their portfolios in the long run.
consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.
the strategies for diversification into other commodities are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skills and knowledge
Indeed, but any suggestions? It's crucial for individuals to diversify their portfolios, seek professional financial advice, and stay informed about market trends to navigate these challenges effectively.
Oh, we are quitting. Just in a way that allows us to keep our jobs. I do the bare minimum, enough to complete things that show I'm working, and ignoring things that don't need to be done. I show up, I do enough, I watch RUclips, I go home. The CEO of the corporation I work for got a 2 million dollar bonus. No one in my office got anything.
@@KamalaTheClown thanks for this lifehack. you won't believe it, but I couldn't come up with it on my own )))) the rest 75% of effort I will try to put in finding side hustle and increasing my total income even if it's just a few bucks.
We didn't get nothing, we got a 1% raise. The company said they're still recovering from losses during the Covid epidemic and that's all they could afford. Surprisingly the CEO or other C-suite execs didn't get a bonus of any type and their base salaries are actually pretty reasonable. But yet we have had record profits for two years now. Something's not adding up. I suspect the company is buying some other company but it hasn't been announced yet. But if they don't start compensating people a bit better they're going to have a lot of people leaving.
My job bringin billions and still only wanna give change for a raise. lm talking less than a dollar. They also keep getting new clients doubling the workloads but won’t hire for my department but then take the credit for all the hard work we do. It’s definitely draining. I think if most people could afford to leave if they had something else lined up right away, they more than likely would leave. People aren’t appreciated on these jobs and when the company wanna show appreciation they wanna feed you as if food is gonna pay your bills.
I have been searching for a year now. Made it to several interviews and even final interviews, but no job offers. This is the worst job market in my lifetime. I am hoping 2025 is better. It's really hard guys. I wish the best for all of you job seekers....
@@redmoogleFunny you said that because it's feeling like 2007. The only difference is that I'm not entering the market like all of the recent grads like I was back then so it's manageable.
Stay positive. A friend of mine had the same thing happen: 50 applications (the kind of applications you have to do serious prep for, videos, writing samples etc) and went through 18 months of going through up to five interviews for each job, only to have them hire someone else or just rescind the opening. Finally she got a pretty job in another field, but it took true grit to get there.
@redmoogle I had no problems getting jobs during that time- and even found employment during lockdown. I find it to be far worse now - looking over a year now.
This seems to be a common complaint in his comment sections, but I’ve never seen a job posting like that in real life. I suspect people are feeling frustrated, understandably, by the current job market and they might be exaggerating a bit
@@pensivepenguin3000It’s that bad. I work in IT and there are sooo many desperate laid off folks willing to work for 60k a year now and employers love this
@@pensivepenguin3000I've seen it but it's less obvious than that They won't list it as entry level but the responsibilities will be that of someone who is fresh out of college and the pay band will reflect that. Basic tasks anyone can figure out in an hour but will require 1-3 years experience.
"The Great Resignation", for the most part, was mislabeled based on a misquotation of a report. The study asked IF you would leave your current job for a increased salary, better work conditions, better benefits, etc. It got reported that people WERE going to leave their jobs. That's where the panic came from. But the pandemic did expose how expendable people were in certain industries and some folks changed jobs. You do have to ask though did people quit their job because they saw the writing on the wall that their were going to be laid-off. Regardless, the job market has been a mess over the last five years.
Life was generally cheaper for most of us in the 2000s so you could do this. Even when in as young and broke I had a “starter car” and “starter apartment” and would eat at Panera. Now Panera feels expensive despite me making way more. Starter apartment is priced like a luxury unit. Starter cars no longer exist. I feel bad for people in their 20s now
Just the opposite for me. I had limited savings when I was in my 20s, so I said I have to stay till I find something. Now I have a lot of sayings, so I would and I have said F U I quit, and it has worked out well.
This is why I never understood why people seek 'job security'. If you lose your job and can't get another, you don't have job security. I'm not saying its easy to be a business owner, but at-least I know I can control my ability to get up and grind everyday. As long as I have products to sell and buyers, I can keep a roof over my head.
“2 weeks? FOH”. 😂😂😂 I am a Xennial. God it was so good to be young back then. You could just bounce.😂 Been at my Job 13 years. I’ve gotten Raises every year. We get out early on Fridays in the Summer. They are giving us bonuses twice a year. It takes a while to find it but it’s out there!
@@istvanpraha I had a crash and burn and short term stint in the 2000s when things were cheaper. I still had to get my car repo and moved in with my parents and work minimum wage as HR SCREAMED and ran for the hills once they say job hopper. Today the gray hairs run less HR departments but the stigma is real. Once a recession hits 3 years becomes the next 6 months where 5 years is the new 2 years. Why? They can when you get 100 applicants per job. You pick only the best for $15/hr
Everything is more costly. Even clothing. Not just food and rent. My utility bills have even gone up. Same with internet and home phone. I’m just damn tired. I lost my job this week. And I want my next employer to be the one I never leave. Scoff if you must. But I’m in my forties. I just want an employer and job that isn’t toxic for me. I also don’t want a hybrid or remote job. I’m Andrew.
In the last two to three months I had four job offers. Three right after the first interview. 🤷🏼♂️ And I gave my last company a notice without having a new job. So companies are still searching. Don‘t be afraid!
@@joiseuplier Sure and thanks. I am an SAP EHSM manager/expert (in Germany). Also an interface between the product safety (chemicals) and IT departments. So I have process and IT knowledge that is very valuable for the chemical industry. Furthermore, I have very good analytical and problem solving skills, as well as project management experience. And, I am not waiting for somebody to tell me what to do, I am actively acting in my job. Continuous improvement! ;) :D
With you right there! I did absolutely the same, quit without actually having a concrete yes but had a good hunch I was getting an offer within a few weeks and I 100% did! Great company, better pay, + benefits and am grateful I listened to my instincts! I quit because the company I was with became abusive and toxic towards me, they thought they had me trapped. Jokes on them and I still bowed out by giving them a two week notice with a decent resignation letter. Taking the high road on a low road company! Yes, don’t be scared as God always provides. Put in the work and you will be provided for.
that's industry specific, generally those 'i can find job easily' type are low level type jobs where it's not that there is not enough labour but no one will apply for those jobs as they cannot sustain a normal life.
oh, actually isn't it kinda risky? one dude from our office got a job offer with 2 times more paycheck. but that new company turned out to be managed by some "very effective managers" who read tons of "improvement" and "motivation" books and then pretend they're doing smth great. so that company ended up in financial crisis. Our ex coworker is now looking for another job and for the time being he's driving our local Uber (Yandex Taxi).
When I heard the term “rage applying”, it was so funny to me. First time I’m hearing it, and it makes sense to me - but the image in my head is of a pissed off person going “that’s IT, I’m getting f****** EMPLOYED” - applies to 300 positions in one sitting
@@prasadpatil1346 don't waste your time dating bro once you get married or accidentally has kid Women will take half of your lifelong earning via that or even if the kid isn't yours and you proov via DNA testing In India you will be asked to pay for child support same isn't for USA though so best is get a job and then stay alone and maybe if you can afford adopt a kid or help some kids at orphanage be a part time teacher you won't feel lonely remember this advice is for men for women anyways laws favours them so you stay away from these relationships unless you can afford a divorce for that you have to be Elon musk or atleast a billionaire so never marrying or get into relationship as a man once you get a good job only do if you can afford divorce that is if you are rich
I’m depressed. I am in a toxic workplace and have desperately been trying to find a way out, but it’s like all the exit lights are going dim and doors are closing before I can even reach them. The tech job market right now is horrible. I might even need to consider a pay cut or taking contract work at this point, to save my sanity
@@aequoria2949 Don't worry when Trump is back, no one will be working; that should make you happy, just like 2020. And most of those jobs are in tech and manufacturing. You don't see many stores opening now do you?
*When someone becomes rich, a lot of things change. Lifestyle upgrades, new social circles, and different financial responsibilities are just the beginning.*
Brian Humphery Services was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Brian.
I'm surprised that you just mentioned and recommend Brian Humphery Services. I met him at a conference in 2018 and we have been working together ever since.
Looking for a job is brutal. I think I'll stay where I'm at, thanks. It's not a bad job, I'm wanted and needed there, and the only reason the money sucks is inflation, shrinkflation, and greedflation.
All I knew when I was a kid in the 90s working in an office cublicle looked terrifying.😱 Being stuck and unhappy and having a mean person yell at you in a suit. No. Just no.
We just had hundreds laid off from John Deere locally I got my notice 2 weeks before everyone else, in this job market it sucks trying to find anything that isnt entry level, part time, and upper level management jobs. Thankfully I have enough management experience to have bounced into a new job in 2 weeks flat. But for everyone else who doesnt have the same experience as I do I feel really bad for them. All the good opportunites have dried up.
To my own research In USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than 5 figures within just a year, and i have entrusted my advisor with the task of determining entry and exit points
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
I've experimented with a few over the past years, but I'm stuck with "Leah Foster Alderman” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call
I just landed a full time job in June after having my position eliminated at the end of February. I am so thankful that I was able to land this great role, because two big companies in the area just laid off a whole lot of people. The company I used to work for just made a big change, and I foresee a crap ton of layoffs coming soon there too.
To be honest, someone told me I should change jobs every 2 years to get better and it’s been working well for me! I just left a job in a consultancy company as I’ve literally been on the bench for ages and lost trust in them. On the other hand, I’ve noticed a trend on LinkedIn jobs where companies with extra large job descriptions don’t actually hire anyone but the companies posting jobs with 5 - 6 lines of basic description for even as SW Architect position are actually the real deal and hiring and quick process too through interview.
This is an effective short term solution to move through the salary ranges more quickly - but use it wisely and sparingly as it will eventually backfire on you.
@@ALifeAfterLayoff I agree! In recent years I’ve only moved mainly focused on amount of work assigned to me. I’ve been in Senior positions doing little work and moved on not just with a focus on an increasing salary. Truth be told I’ve kind of reached the ceiling of salary improvements where I live 🤷♂️ and now the changes are only based on if there is plenty of work ( I mean consistent work) or just sitting on the bench waiting for a miracle 🤷♂️
@@ALifeAfterLayoff Oh you're thinking about loyalty to your employer? HAHAHA Just how loyal do you really think they are these days? F'ing ZERO! Greed at the top and mega profits to the rich F'ing shareholders. That's the only concern! To hell with being a decent human being in a position of management and HONESTLY sharing the fruits with labor.
Yes. Learn from me. Do not take a break after a layoff. You can take a break emotionally and mentally but even if you are search for a small amount, it is better than just trying to pivot or not look at all. BIG MISTAKE!!! People, proxies and technology. People are people. Recruiters and hiring managers are people. Do I need to say more? Process. Each company has their version of the process. The larger the company, the longer it will take to “interview” you. Technology. application tracking systems suck and will rule you out unless you have the recruiter and or hiring manager guidance and traction. Moral of the story, if you have a job and you can bare it, stay put until your dream job comes along. Take your time. Don’t do what I did which I am paying for now. Please. This concludes my tedtalk.
I learned just like you four years ago the hard way. I left without a back up plan and was almost homeless but luckily my current job of almost 4 years was desperate for a young process operator so they gave me the position. I’ll never quit a job without another one lined up again
If you have enough money, do take a break. Your job is not your life, your job provides nothing of value to your soul for 95 percent of people. Your family, your health, your sleep, and your mental clarity is worth more than how you make money. If you have enough to take a break, take the break.
@@NOYB1776 I agree with you on this. Taking a break can be sold with a recruiter if you phrase it as "I saved up to take a large break and spend time with my family, learning new skills". That sounds very put together.
I am still okay with leaving my job. The reason is that I never allowed myself to be in a position where I feel like I absolutely "need" my employer at any given time. It requires some planning throughout your life, but that feeling of freedom you get from knowing that you can leave your job at any time and not feel bad about it is great. In the first place, it's good not to feel like your employer controls your life.
People have stopped looking for a higher income and are instead scaling down their lives in order just to continue to live. I know 2 guys who are brothers who both got out of their own living situations and moved into a small 2 bedroom condo together. Sold their audi and b.m.w. for used Toyota's. They are paying off their debt as quickly as they can and now live on budgets in anticipation of the cost of everything to skyrocket. I know a girl in her late 30's who sold her house because she expects a housing crash, she used the equity to pay off her college debt. She moved back in with her parent. My co worker moved in with her aunt and uncle because she can't afford to live anymore. I picked up a second job and have hunkered down for bad times myself. Anyone with any since can see catastrophe is looming.
It sounds very bad. Companies thinking to profit off lesser costs are gonna find themselves on the bad end of the karma cycle as consumer spending cuts as well
To be fair, so-called economists have been predicting a recession for like three years now and it has yet to come to pass. I’m not so sure catastrophe is looming, but the current times are indeed tough for many. No denying that
and there lies the problem.... living the champagne lifestyle on a beer budget. Audi/bmw? unless theyre making over 120k- they shouldn't have owned either one.its a status symbol and thats all people care about now.
@@arcan762 bro, have you seen the kinds of jobs migrants do? If that’s the kind of job you’re worried about losing, you might want to set some higher standards for yourself lol. These folks come and do the jobs Americans don’t want to do
People are indeed still quitting but if they do so they’re trying to level up, otherwise they’re staying. The best way to often get more $ and better benefits is to leave and find something else. It takes 3-4 months from applying to onboarding to multiple interviews to actual job and paycheck these days. Most decent jobs take about 3-4 months or more to actually get there. Possibly anywhere from 3-6 months to actually get a job these days and more for senior level and higher paying positions. There are still jobs out there but it may not be the job, the pay, the benefits that you want. If you need 6 figures, you need the skills to get that and or connections also. Plenty of blue collar jobs that pay 6+ if you’re willing to go that route!
I'm not seeing the pay increase with a move anymore, not in tech anyway. When people moved, or try, they are mostly getting offers that are on par or less than their current compensation. No incentive to move then unless they absolutely have to.
@@vulpixelful Plus, companies are happy that employees are 'stuck' with them. They have the advantage of power over those who are scared to leave, too.
@@vulpixelful And you can ask them at the interview: why should I quit my current job and come to you if not for more money or benefits? I mean it's a legit question. They will have a harder time finding employees, or good employees. I see a lot of very low skill people at interviews. Good ones won't bother for the same amount of money or less.
That is exactly my experience. I got the timing perfect and scored a 50% pay rise in early 2022. I am sure other employers would consider me over paid so can never leave my current job ...
I know this isn’t a new thing but it seems intensified right now….I know so many ppl doing 2 and 3 job roles as 1 person bc companies are refusing to replace ppl who left. Taking advantage of employees like this is horrible. So much burnout right now 😢😢
same here, that's terrible. It's one thing to be able to fill in gaps and be multifunctional, but actually performing multiple roles for the same pay is bonkers.
Four of my coworkers, all with the company for well over 10 yrs have quit in the last 2 weeks. And every single person in the department are actively looking for new employment.
Got turned down for a 100% remote role because my salary expectations were too high ($75k). I explained I made $135k last year-it’s a massive drop. Also they expected me to bring in a book of business it’s like gtfo!!
Companies outsourcing overseas for cheap labor is becoming the norm thanks to fully remote options. Americans are too expensive to pay and companies would rather send their plants down to Mexico or China just to save a few bucks. Also, $75k in today's money is bottom barrel. Companies nowadays want you to wear a dozen hats, have a bunch of certificates and degrees and then MAYBE they'll consider hiring you.
@@monkemonkerson5620I don’t think it’s that Americans are too expensive to pay. It’s that everything in America is too expensive for Americans and they just want to make enough money to survive like everyone else.
I was hired on as a remote employee 18 months ago at my company. Then I got put under a boss who has a chip on her shoulder about remote work and wants everyone in the office. Well, considering I’m like 1000 miles away, that’s not gonna happen, and ever since, she’s been trying to push me out. At this point I’m just working 8 to 5 and not a minute more, doing the bare minimum and not really caring if the work is good enough. They are going to have to pay me to leave
I can’t blame you. Even if you gave your company extra work for free, your boss would still try to fire you under the first pretext, so why bother. There needs to be a way to get rid of bad bosses without quitting.
@@GasPipeJimmy exactly. She has already given me a subpar performance review even though I get praise from my teammates and senior leadership for the projects I’ve been involved in. The writing is on the wall
@@GasPipeJimmy I think that would have been more possible before she basically marked me for death with that performance review lol. Plus, it’s a very small company and this was kind of the last straw. I really want to find something better
Месяц назад
@EchoMountain47 Well by your own admission your work is subpar on purpose, so maybe the subpar performance review was warranted. Start looking now if you want to leave, the job market is absolutely brutal.
Husband and I each got new and better jobs during the great resignation or shortly after. Left old jobs due to high stress, extra hours, extra workload. Now we are actually in a position to retire a couple years earlier than expected and plan to leave by the beginning of next year. We both like our current positions but the burnout lingers. We’ll leave a nice plant manager job and a nice government paralegal job for someone else who needs it!
I was one of those people of not wanting to move, in an HR remote role at a large healthcare company. After my father passed away this past December, I am rethinking of my own future and how decent his employer and the people who supported him were to him, during his last days. Not to mention the benefits such as pension and death benefits left for my mom and want to same for me. I am talking to a public sector state employer right now and may make the move if the opportunity is right, given all this uncertainty.
I do the bare minimum. Just enough or slightly less to get fired, go 26wk unemployment, enjoy free time shopping, eating out, beach, lakes, hiking trails, then repeat. Back to another job to earn unemployment checks
I've applied for 327 jobs to date since 2022. I've had 1 nibble & my job is making us come back in office in a few weeks. Been home FT since 2020. I'll keep what I have. Pay sucks but I do like my job & the industry I work in. Nothing is perfect.
There's no growth. There's high inflation and people are cutting their spending and holding on to their jobs and holding off from looking for a better paying jobs because the risk is to high. Why quit a job that's $2.00 higher or $5.00 higher when you'll be expected to do more work. AS you go up in the ranks you will be expected to do everyone else's job. People are also being a lot smarter when they apply by looking on the internet for complaints and talking to people who work at the company to find out the ins and outs of the company itself. Most good companies are going to pay well and have some sort of bonus benefit for their employees while other companies weed themselves out of quality employees with crappy work schedules, crappy short breaks and micromanagement and rewarding the CEO with a super high bonus instead of rewarding and motivating the employees who actually do the work.
I remember when I quit my crappy job I marched right in that store saying I quit. Now I have a job at the airport and I always loved being around planes. So yes I’m staying put.
People higher up than me aren't resigning because once they found a good job with decent benefits, they really don't want to give that up. I don't blame them, but still waiting for my turn
Also a lot of these job postings are what they call ghost jobs. Which is when an employer makes a job posting without intention to hire. The reason could be to look good, or to just cast a large net for later. I suspect the 'great resignation' may have helped fuel this practice in part because they want resumes on hand. Anyways, in the engineering industry (to be vague) currently the majority of job postings in my area are in fact ghost jobs -- yes it is quite strange. That is just my experience being that I know from the job site if they have even viewed my resume or not, and the fact that many of these same jobs have been sitting on the job boards for far too long.
My company In Chicago I believe is looking for an engineer at the moment with 10 years experience but it won’t be an easy job. If it was my factory it would be easy because the people at my factory are experienced so it makes the engineers job and maintenance jobs easier
@@crush9197 I've noticed that manufacturing engineer positions seem to be an exception in terms of being real. It is the design engineering firms that are the ones guilty of playing this game the most from what I see. Best of luck on your search!
I wonder if that is what just happened to me. Yesterday morning a recruiter reached out to me from an established recruiting company that I definitely know is legit, asking if I wanted to talk about an opportunity that would’ve been perfect for me. I quickly replied that that would be great And crickets. I followed up with him today and still nothing. It’s like dude, why did you even message me?
@@pensivepenguin3000 In that case, since they actually reached out to you it's probably not. I know if you don't reply to those people super quick though, they'll just move onto someone else, and then just ignore you. But if you were super prompt then that is quite strange.
I think I know what it is. We are in a serious recession and all the work has dried up but companies are still holding out against hope and keeping employees on because they think that the work will come back soon. I have anecdotally heard of truckers just not getting any work compared to last year. Employees can sense this and know it's only a matter of time but they are not going to leave their jobs without redundancy, even if they can get another job offer which is unlikely. So we are in a period of inertia waiting for it all to hit the fan. Employers are holding out hope and don't want to risk the cost of layoffs/rehiring if they get more work even though they are bleeding cash. Employees are clinging on for as long as they can with no life rafts left for them to jump to.
I've had 3 interviews so far this year, but no job offers. I'm kind of giving up on standard employment. I'm shifting to gig work (pet sitting, driving, etc.) and selling handicrafts to get by, but it definitely isn't a rosy financial outlook.
All of the jobs I see on LinkedIn for similar job/experience as mine as paying $10-20K less than I make now and are requiring you to be in office. Advanced HR positions for $40K. So...homeless? The last time $40K was a decent wage was back in 2014.
How utterly depressing! It's good to know that it's not just the UK that this is happening to! I told my work coach at the job centre about my theory which you have basically confirmed to be true! That people are not moving around due to being scared to! I really don't know how I'm going to get another job at this rate!
Attorney/Paralegal with 25 years experience, masters in law from a top 15 law school, Juris Masters degree, BA in English creative writing and paralegal degree with honors and NOTHING! I live in a s town where if one person dislikes you or believes bullshit gossip - you’re screwed! Or if you got let go from a job decades ago same thing. 🤦♀️ Struggling hardcore!
@@FSUACC1 Just asking, but why not open your own office? You don't have to charge criminally high fees like the others do. You'll be swamped with work from small Mom and Pop businesses/farms/families in a couple weeks. To hell with working for someone else and watching them walk away with the fruits of your labor! We all need help like yours, but can't afford the stupid high rates of most firms - if they would take us on. Bankruptcy is very busy and about to get worse; along with divorces. Do what you have to put a "shingle" up and let those "Big Guys" eat cake. Do right by your customers(and help) and soon you'll be buying the empty offices of those who laughed at you. Good luck and all the very best, Kevin
I live in a big enough city, it's the job market. Most jobs posted rn are terrible. I'm hoping government is a good ticket out but they move super slowly.
Just started a new job after quitting the previous job of 16 YEARS. Bad upper management, stingy raises, and promotions being treated like popularity contests rather than based on ability/experience. So because of that, they see 80% of the experience of their department walk out the door.
So isn't it just that the FED has jacked up interest rates? Making life more unaffordable in general for consumers and making it more difficult to buy homes? So as the economy sucks more for consumers and it's more costly to move and to buy a home, the tendency is just to stay in the home that you're currently in and also to batten down the hatches and stay in the job but you're currently in. People aren't leaving their homes and they're not leaving their jobs because the economy sucks for most people in the United States. The increased desperation among the working class will likely be seized upon employers and they will probably use the opportunity to suppress wages and increase workplace abuse.
You have been keeping up on trends giving out great information and you have had some valuable insight on what is really going on in the job market. Thank you!
All of this is very true indeed. Whether in US or in Europe (I am France-based). Went through an illegal layoff 6 months ago from a 6-digit salary director position in Paris, just purely savings-driven. Have applied to +150cv in the meantime with only 6 interviews at hand despite 25 years of experience, holding 2 Masters and speaking 5 languages. No feedback at all from applications 9 times out of 10, even when being in the middle of a recruiting process. I am 48 and do not recall job market being so challenging to the extent where the only possibility of bouncing back seems either to be through your own network (which is quite uncertain) or being the upteenth guy on the market to start up your own company. Quite scary when workers are required to work longer as retirement age has been pushed forward.
Honestly I'm considering going with a temp agency to acquire new skills. I have absolutely peaked in my current role and plus my current company wants me gone. Not ideal but I guess I gotta do what I got to do.
Uh ... just put it my 2 weeks as if today... a 2 2 3 schedule (awful 0 work life balance) and hopefully will replace it with a 3 day 12 hour shift job. Cant wait to start! Employers are kicking theirselves in the butt!! If they dnt get on board with work life balance... well.... i just hope ppl keep waking up and expect more out of life than only working.
It’s hard for me because my job gives yearly raises. You’ll still get a raise even if you lived 150 years you’ll still get a raise for each one of those years. So I am very picky now about which job I want. I only applied to one job 5 months ago for my cities waste water department because they offer a pension and more money down the road and I have a interview in two weeks. If I get it I’ll switch jobs but if I don’t then I’ll stay put because my job pays well.
I am working as a contract and yes, I appreciate having a job but I wish agencies will not take advantage of us like the agency I’m working. Give us a decent pay and treat us fairly, not because we need a job means you treat us like beggars. Shame on this recruiters🤨
That's the effect. The cause was massive layoffs all over the place, and companies declining to fill necessary headcount. Many are running "super lean" in anticipation of folderol in November - or because they think that AI is going to mean that they won't have to fill that necessary headcount because AI will take a lot of the donk work. (It's a good 25 years from that. There's still an awful lot of mechanical turking, companies using their employees' data to "train" AI to be more useful for business tasks, and...dreck. Lots and lots and LOTS of dreck.)
It if wasn't for the fact that my job is still 100% remote since Covid started I probably would have left by now. I don't dislike my job, but I am overworked and slightly underpaid relative to the market. I've had a few offers for 100% office and hybrid positions, but they didn't offer enough to lure me away. The only way I'd leave is if the commute was no longer than 20 minutes and it paid substantially more money (minimum 15% increase). There was one company located literally a half a mile away from my house that I tried to get into but they did not offer me a job. I would have taken that one (it was 3 day a week hybrid) if offered.
I think your analysis is spot on. What I find interesting is the economic impact of the pandemic, although immediately severe, seems to have less overall impact than past economic downturns. As far as jobs being redefined into positions with less growth potential, this seems to be the trend in the corporate world where all jobs are commodified.
I just quit mine after 16 years. I just got another one that pays more. I will never stay at another company for that long unless I can get promoted within 2 yrs.
I've seen a few people change companies for better opportunities only to get laid off months later. How can companies do that? They have to know a division isn't profitable so why hire just to lay people off?
This wasn't really relevant for my own circumstances (I'm self-employed), but I did want to say, THANK YOU for having a six and half minute video that didn't last half an hour.
in spanish (colombia) there are two common sayings: 1. "mas vale pajaro en mano que 100 volando" (it could be translated as: "it worths more a bird in the hand, than 100 flying") 2. "mas vale malo conocido, que bueno por conocer" (it could be translated as: "it worths more the bad thing that you know, than the Good thing you dont know") When we do Job Hopping, we inherently are taking a risk that we cant land properly in the new job and become jobless. in dire times like these people will stick to what fells safe rather than what gives higher earnings unless they cannot afford their basic needs.
Quit a job not long ago. Go back & forth with if I regret it, but my mental health is more important. Better to have a backup plan but sometimes it’s best to step out on faith. Job market does suck though. They’re extremely picky and don’t want to pay much.
Contemplating quitting my current job, currently. Lucky to be in high demand, unfortunately I'm so in demand that my company can't currently hire anyone else to take some of the load off...
It’s called a recession /depression! Unfortunately, the economists won’t acknowledge it until several quarters AFTER the numbers start to change (move upward). Very frustrating to live through!
I’m one of those people that made a career change because of the pandemic. I learned to take control of my career and landed a better job. Now I’m pursuing additional opportunities and investing in my education. Was it easy? No, it took 600+ applications and refining my approach for about a year. (You don’t have to apply that many times or as long if you follow Bryan’s tips plus others’ that make sense)
I live in California,,, SpaceX is going to be moving to Texas, that's great for that company but how many people aren't going to be willing to relocate and they're going to lose their jobs,?
If only I've known this when I was still working at my fast food job before... now it took a full year for an acquaintance of mine to find a fast food job. It should not take an entire year to find a starter job like fast food
I help people find jobs faster. Here's how: www.alifeafterlayoff.com
I will say this, your Resume Rocket Fuel course was a game changer. Before taking the course, I never had calls or invites to interviews. Now that I use your knowledge, I do get calls and interviews. I just haven't made it to the job offer stage just yet.
if you have a job, I implore you, to keep that job at all costs. The job you have is real, the postings on indeed aren't.
Indeed is uniquely bad though. No job board is perfect but I’ve found LinkedIn to be decent most of the time
Ive notice that!!!!!!!!!!!!!!!
Then what's the point of applying on Indeed if the jobs are not real?
If you're applying on places like ZipRecruiter, LinkedIn, and Indeed, then you're not using them the right way. Never apply for jobs through them , Instead use them like a search engine for job leads and go to the companies' websites and apply there instead and absolutely do not pay for services on those websites either because they will not get you any closer to getting a job than just applying straight to whatever company from their website
@@anthonyortiz3142 it is just data harvesting
No one wants to risk a move - and no company wants to risk growing.
I ihink you've nailed it.
2nd Great Recession of 2025: imma about to mess up this whole economy .
I agree completely. I really want to make a transition to a different skillset but stay in my current career sphere.
However it's so damn risky right now in the games industry. I am better off staying put in my current role until the layoffs in my industry stop.
Can’t risk growing when you’re making record profits.
Under Biden 15, million jobs were created; under Trump - 3 million were created.
It’s just sad how everything has reverted back….executives doubling down on what doesn’t work all in the name of control and greed.
Yep. The House always wins in the end
@@pensivepenguin3000Not always. I don’t think everything will revert completely back to what it was before. Because ultimately, we get to decide.
Everybody’s got a price for the million dollar man!*insert cartoonish evil laugh*
@@chynawall8500With 1000 applicants per hour per job on LinkedIn we don’t ANY POWER or any say. You go into the office for 1/2 the pay or move in with momma. Take it or leave it.
That happens in every recession. We had our day now CEOs are having theirs and loving all the folks with 10 years experience working for junior salaries going back to the office
Its not so wise to quit when you don't have a good retirement plan yet
financial planning and retirement strategies are crucial, especially in today's economic climate. With global economic fluctuations and uncertainties, it's essential to have a solid plan in place to protect your financial future.
the fear of not being able to retire comfortably, people might be tempted to make risky investments or neglect proper financial planning, which could spell trouble for their portfolios in the long run.
consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.
the strategies for diversification into other commodities are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skills and knowledge
Indeed, but any suggestions? It's crucial for individuals to diversify their portfolios, seek professional financial advice, and stay informed about market trends to navigate these challenges effectively.
Oh, we are quitting. Just in a way that allows us to keep our jobs. I do the bare minimum, enough to complete things that show I'm working, and ignoring things that don't need to be done. I show up, I do enough, I watch RUclips, I go home. The CEO of the corporation I work for got a 2 million dollar bonus. No one in my office got anything.
Bruh, are you me? Same here. I put in 25% effort 100% of the so when I have to put in 40% effort, it looks like in’m putting in 120%
@@KamalaTheClown thanks for this lifehack. you won't believe it, but I couldn't come up with it on my own ))))
the rest 75% of effort I will try to put in finding side hustle and increasing my total income even if it's just a few bucks.
the dude abides
We didn't get nothing, we got a 1% raise. The company said they're still recovering from losses during the Covid epidemic and that's all they could afford. Surprisingly the CEO or other C-suite execs didn't get a bonus of any type and their base salaries are actually pretty reasonable. But yet we have had record profits for two years now. Something's not adding up. I suspect the company is buying some other company but it hasn't been announced yet. But if they don't start compensating people a bit better they're going to have a lot of people leaving.
My job bringin billions and still only wanna give change for a raise. lm talking less than a dollar. They also keep getting new clients doubling the workloads but won’t hire for my department but then take the credit for all the hard work we do. It’s definitely draining. I think if most people could afford to leave if they had something else lined up right away, they more than likely would leave. People aren’t appreciated on these jobs and when the company wanna show appreciation they wanna feed you as if food is gonna pay your bills.
I have been searching for a year now. Made it to several interviews and even final interviews, but no job offers. This is the worst job market in my lifetime. I am hoping 2025 is better. It's really hard guys. I wish the best for all of you job seekers....
Sorry to hear that I hope things get better for u
@@redmoogleFunny you said that because it's feeling like 2007. The only difference is that I'm not entering the market like all of the recent grads like I was back then so it's manageable.
Things are going to get worse
Stay positive. A friend of mine had the same thing happen: 50 applications (the kind of applications you have to do serious prep for, videos, writing samples etc) and went through 18 months of going through up to five interviews for each job, only to have them hire someone else or just rescind the opening. Finally she got a pretty job in another field, but it took true grit to get there.
@redmoogle I had no problems getting jobs during that time- and even found employment during lockdown. I find it to be far worse now - looking over a year now.
I’m getting sick of seeing Entry Level right next to 10+ required skills or experience.
This seems to be a common complaint in his comment sections, but I’ve never seen a job posting like that in real life. I suspect people are feeling frustrated, understandably, by the current job market and they might be exaggerating a bit
U haven't looked very much then because i see it everywhere. It makes no sense to require experience for an entry level job
@@pensivepenguin3000It’s that bad. I work in IT and there are sooo many desperate laid off folks willing to work for 60k a year now and employers love this
@@pensivepenguin3000I've seen it but it's less obvious than that
They won't list it as entry level but the responsibilities will be that of someone who is fresh out of college and the pay band will reflect that. Basic tasks anyone can figure out in an hour but will require 1-3 years experience.
I can’t get job anywhere
"The Great Resignation", for the most part, was mislabeled based on a misquotation of a report. The study asked IF you would leave your current job for a increased salary, better work conditions, better benefits, etc. It got reported that people WERE going to leave their jobs. That's where the panic came from. But the pandemic did expose how expendable people were in certain industries and some folks changed jobs. You do have to ask though did people quit their job because they saw the writing on the wall that their were going to be laid-off. Regardless, the job market has been a mess over the last five years.
'rage applying' makes me laugh. what a term.
Yeah, that one is ridiculous.
I just realized that I’ve actually done this myself.
I’m guilty of this…
That’s when you go crazy with LinkedIns Easy Apply button because it’s easy to apply to jobs with 1-3 clicks
@@LukeAvedon Lol I’ve done this before.
I also looked into mutiple side hustles cause of fear of my company laying me off.
Early 20s Me: "I don't need this job, F-U I quit!"
40s Me: "I ain't going nowhere until I have something solid lined up."
Life was generally cheaper for most of us in the 2000s so you could do this. Even when in as young and broke I had a “starter car” and “starter apartment” and would eat at Panera. Now Panera feels expensive despite me making way more. Starter apartment is priced like a luxury unit. Starter cars no longer exist. I feel bad for people in their 20s now
Just the opposite for me. I had limited savings when I was in my 20s, so I said I have to stay till I find something. Now I have a lot of sayings, so I would and I have said F U I quit, and it has worked out well.
This is why I never understood why people seek 'job security'.
If you lose your job and can't get another, you don't have job security.
I'm not saying its easy to be a business owner, but at-least I know I can control my ability to get up and grind everyday.
As long as I have products to sell and buyers, I can keep a roof over my head.
“2 weeks? FOH”. 😂😂😂
I am a Xennial. God it was so good to be young back then. You could just bounce.😂
Been at my Job 13 years. I’ve gotten Raises every year. We get out early on Fridays in the Summer. They are giving us bonuses twice a year. It takes a while to find it but it’s out there!
@@istvanpraha I had a crash and burn and short term stint in the 2000s when things were cheaper. I still had to get my car repo and moved in with my parents and work minimum wage as HR SCREAMED and ran for the hills once they say job hopper. Today the gray hairs run less HR departments but the stigma is real. Once a recession hits 3 years becomes the next 6 months where 5 years is the new 2 years. Why? They can when you get 100 applicants per job. You pick only the best for $15/hr
Inflation is making people stay put because we can’t afford things we used to before. Food is high, Rent is high! 😂
inflation is only at around 3% right now.
Inflation in 2023 was ridiculously high
Everything is more costly. Even clothing. Not just food and rent. My utility bills have even gone up. Same with internet and home phone. I’m just damn tired. I lost my job this week. And I want my next employer to be the one I never leave. Scoff if you must. But I’m in my forties. I just want an employer and job that isn’t toxic for me. I also don’t want a hybrid or remote job. I’m Andrew.
@@abkeener81 no, I hear ya Andrew. I would like that,too! Best of luck!
@@DEL_CSWell 3% after 80-120% cumulative growth in inflation over the past 5 years is quite a lot.
In the last two to three months I had four job offers. Three right after the first interview. 🤷🏼♂️ And I gave my last company a notice without having a new job. So companies are still searching. Don‘t be afraid!
That’s cool! What do you do for work if you don’t mind me asking?
@@joiseuplier Sure and thanks. I am an SAP EHSM manager/expert (in Germany). Also an interface between the product safety (chemicals) and IT departments. So I have process and IT knowledge that is very valuable for the chemical industry. Furthermore, I have very good analytical and problem solving skills, as well as project management experience. And, I am not waiting for somebody to tell me what to do, I am actively acting in my job. Continuous improvement! ;) :D
With you right there! I did absolutely the same, quit without actually having a concrete yes but had a good hunch I was getting an offer within a few weeks and I 100% did! Great company, better pay, + benefits and am grateful I listened to my instincts! I quit because the company I was with became abusive and toxic towards me, they thought they had me trapped. Jokes on them and I still bowed out by giving them a two week notice with a decent resignation letter. Taking the high road on a low road company! Yes, don’t be scared as God always provides. Put in the work and you will be provided for.
that's industry specific, generally those 'i can find job easily' type are low level type jobs where it's not that there is not enough labour but no one will apply for those jobs as they cannot sustain a normal life.
oh, actually isn't it kinda risky? one dude from our office got a job offer with 2 times more paycheck. but that new company turned out to be managed by some "very effective managers" who read tons of "improvement" and "motivation" books and then pretend they're doing smth great. so that company ended up in financial crisis. Our ex coworker is now looking for another job and for the time being he's driving our local Uber (Yandex Taxi).
When I heard the term “rage applying”, it was so funny to me. First time I’m hearing it, and it makes sense to me - but the image in my head is of a pissed off person going “that’s IT, I’m getting f****** EMPLOYED” - applies to 300 positions in one sitting
That's like Rage Dating on an app, after getting ignored for months you "swipe right" on all the candidates and still get no response.
I think he’s referring to when you had a really crappy day at work and when you get home you mass apply to jobs
@@stella4977 that's literally me👀
@@JakoWako That was me earlier this week.
@@prasadpatil1346 don't waste your time dating bro once you get married or accidentally has kid Women will take half of your lifelong earning via that or even if the kid isn't yours and you proov via DNA testing In India you will be asked to pay for child support same isn't for USA though so best is get a job and then stay alone and maybe if you can afford adopt a kid or help some kids at orphanage be a part time teacher you won't feel lonely remember this advice is for men for women anyways laws favours them so you stay away from these relationships unless you can afford a divorce for that you have to be Elon musk or atleast a billionaire so never marrying or get into relationship as a man once you get a good job only do if you can afford divorce that is if you are rich
Quiet Staying
😢
💀💀💀
After work I am really tired so I go home and do quiet sleeping..
I’m depressed. I am in a toxic workplace and have desperately been trying to find a way out, but it’s like all the exit lights are going dim and doors are closing before I can even reach them. The tech job market right now is horrible. I might even need to consider a pay cut or taking contract work at this point, to save my sanity
It’s not a slam dunk anymore if you quit your job and find a new one right away
@@frankiecarrrierivg03You can’t find new roles. No one is hiring
I had to sell my boy kitty a few times to make ends meet. Im bisexual because of the experiences
@@timothygibney159 is that cause the unemployment rate seems low right now or more fake jobs are posted
@@b-41subject57 was it an orange cat ?
Bad job market is all
Due to bad economy
@@sephondranzer under trump we had minus 3 million jobs while under Biden we have added 15 million. What are you thinking
15 million fast-food and retail jobs. No thanks.
@@aequoria2949 lots of those jobs were tech, manufacturing, management, etc. I see fast food chains closing because they cannot find workers.
@@aequoria2949 Don't worry when Trump is back, no one will be working; that should make you happy, just like 2020.
And most of those jobs are in tech and manufacturing. You don't see many stores opening now do you?
*When someone becomes rich, a lot of things change. Lifestyle upgrades, new social circles, and different financial responsibilities are just the beginning.*
You mean like getting a private jet instead of flying commercial?
more opportunities for investment and philanthropy increase as well
Managing wealth becomes crucial. Professional advice from expert financial analyst and advisors are important.
Brian Humphery Services was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Brian.
I'm surprised that you just mentioned and recommend Brian Humphery Services. I met him at a conference in 2018 and we have been working together ever since.
We have silent vacationing now 😂
😂😂😂😂
Out of work now for 7 months - the constant rejection and is demoralizing
yeah same.
Looking for a job is brutal. I think I'll stay where I'm at, thanks. It's not a bad job, I'm wanted and needed there, and the only reason the money sucks is inflation, shrinkflation, and greedflation.
Retrain for a gate kept, licensed field that is unionized. Lots of jobs out there
You said it "greedflation"
Greedy punks in our pockets.
All I knew when I was a kid in the 90s working in an office cublicle looked terrifying.😱
Being stuck and unhappy and having a mean person yell at you in a suit. No. Just no.
We just had hundreds laid off from John Deere locally I got my notice 2 weeks before everyone else, in this job market it sucks trying to find anything that isnt entry level, part time, and upper level management jobs.
Thankfully I have enough management experience to have bounced into a new job in 2 weeks flat. But for everyone else who doesnt have the same experience as I do I feel really bad for them. All the good opportunites have dried up.
I saw the news about John Deere. Apparently they're eyeing production in Mexico instead because manufacturing in the US is uncompetitive.
correct, the us job market is very 'strong' until you need to find a new job...
To my own research In USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than 5 figures within just a year, and i have entrusted my advisor with the task of determining entry and exit points
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
I've experimented with a few over the past years, but I'm stuck with "Leah Foster Alderman” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call
Begrudgingly staying
Quiet Suffering
I just landed a full time job in June after having my position eliminated at the end of February. I am so thankful that I was able to land this great role, because two big companies in the area just laid off a whole lot of people. The company I used to work for just made a big change, and I foresee a crap ton of layoffs coming soon there too.
To be honest, someone told me I should change jobs every 2 years to get better and it’s been working well for me! I just left a job in a consultancy company as I’ve literally been on the bench for ages and lost trust in them. On the other hand, I’ve noticed a trend on LinkedIn jobs where companies with extra large job descriptions don’t actually hire anyone but the companies posting jobs with 5 - 6 lines of basic description for even as SW Architect position are actually the real deal and hiring and quick process too through interview.
This is an effective short term solution to move through the salary ranges more quickly - but use it wisely and sparingly as it will eventually backfire on you.
@@ALifeAfterLayoff I agree! In recent years I’ve only moved mainly focused on amount of work assigned to me. I’ve been in Senior positions doing little work and moved on not just with a focus on an increasing salary. Truth be told I’ve kind of reached the ceiling of salary improvements where I live 🤷♂️ and now the changes are only based on if there is plenty of work ( I mean consistent work) or just sitting on the bench waiting for a miracle 🤷♂️
@@petrecristiancristescu9481 were you paid at full pay the whole time you were on bench? How long were you on bench?
@@martalopez2764 Yes I was! Full pay! Well... must have been about 6 to 8 moths give or take...
@@ALifeAfterLayoff Oh you're thinking about loyalty to your employer? HAHAHA Just how loyal do you really think they are these days? F'ing ZERO! Greed at the top and mega profits to the rich F'ing shareholders. That's the only concern! To hell with being a decent human being in a position of management and HONESTLY sharing the fruits with labor.
Yes. Learn from me. Do not take a break after a layoff. You can take a break emotionally and mentally but even if you are search for a small amount, it is better than just trying to pivot or not look at all. BIG MISTAKE!!! People, proxies and technology. People are people. Recruiters and hiring managers are people. Do I need to say more? Process. Each company has their version of the process. The larger the company, the longer it will take to “interview” you. Technology. application tracking systems suck and will rule you out unless you have the recruiter and or hiring manager guidance and traction.
Moral of the story, if you have a job and you can bare it, stay put until your dream job comes along. Take your time.
Don’t do what I did which I am paying for now. Please. This concludes my tedtalk.
I learned just like you four years ago the hard way. I left without a back up plan and was almost homeless but luckily my current job of almost 4 years was desperate for a young process operator so they gave me the position. I’ll never quit a job without another one lined up again
If you have enough money, do take a break. Your job is not your life, your job provides nothing of value to your soul for 95 percent of people. Your family, your health, your sleep, and your mental clarity is worth more than how you make money. If you have enough to take a break, take the break.
Thank you for sharing your story
@@NOYB1776 I agree with you on this. Taking a break can be sold with a recruiter if you phrase it as "I saved up to take a large break and spend time with my family, learning new skills". That sounds very put together.
Job market is terrible that is why.
Exactly. All of our jobs are terrible, but we have a steady paycheck versus job seeking for 24 months and a pay cut.
Only in some sectors but it is great in others. Don't work for corporate America unless you have a union.
@@blahblahblah-uw4uf you could be homeless in 12 months
You made a good point about full time jobs being split into multiple part time jobs so they pay out less benefits
I am still okay with leaving my job. The reason is that I never allowed myself to be in a position where I feel like I absolutely "need" my employer at any given time. It requires some planning throughout your life, but that feeling of freedom you get from knowing that you can leave your job at any time and not feel bad about it is great. In the first place, it's good not to feel like your employer controls your life.
That's like Rage Dating on an app, after getting ignored for months you "swipe right" on all the candidates and still get no response.
People have stopped looking for a higher income and are instead scaling down their lives in order just to continue to live. I know 2 guys who are brothers who both got out of their own living situations and moved into a small 2 bedroom condo together. Sold their audi and b.m.w. for used Toyota's. They are paying off their debt as quickly as they can and now live on budgets in anticipation of the cost of everything to skyrocket. I know a girl in her late 30's who sold her house because she expects a housing crash, she used the equity to pay off her college debt. She moved back in with her parent. My co worker moved in with her aunt and uncle because she can't afford to live anymore. I picked up a second job and have hunkered down for bad times myself. Anyone with any since can see catastrophe is looming.
It sounds very bad. Companies thinking to profit off lesser costs are gonna find themselves on the bad end of the karma cycle as consumer spending cuts as well
To be fair, so-called economists have been predicting a recession for like three years now and it has yet to come to pass. I’m not so sure catastrophe is looming, but the current times are indeed tough for many. No denying that
This is exactly why we need The Wall... 😔
and there lies the problem.... living the champagne lifestyle on a beer budget. Audi/bmw? unless theyre making over 120k- they shouldn't have owned either one.its a status symbol and thats all people care about now.
@@arcan762 bro, have you seen the kinds of jobs migrants do? If that’s the kind of job you’re worried about losing, you might want to set some higher standards for yourself lol. These folks come and do the jobs Americans don’t want to do
People should move on when needed. Just keep looking.
People are indeed still quitting but if they do so they’re trying to level up, otherwise they’re staying. The best way to often get more $ and better benefits is to leave and find something else. It takes 3-4 months from applying to onboarding to multiple interviews to actual job and paycheck these days. Most decent jobs take about 3-4 months or more to actually get there. Possibly anywhere from 3-6 months to actually get a job these days and more for senior level and higher paying positions. There are still jobs out there but it may not be the job, the pay, the benefits that you want. If you need 6 figures, you need the skills to get that and or connections also. Plenty of blue collar jobs that pay 6+ if you’re willing to go that route!
I'm not seeing the pay increase with a move anymore, not in tech anyway. When people moved, or try, they are mostly getting offers that are on par or less than their current compensation. No incentive to move then unless they absolutely have to.
@@vulpixelful Plus, companies are happy that employees are 'stuck' with them. They have the advantage of power over those who are scared to leave, too.
With blue collared the raises come with senority too so there is no incentive to move unless the job or company itself is bad
@@zofiajaneczek184 you mean the black jobs?
@@vulpixelful And you can ask them at the interview: why should I quit my current job and come to you if not for more money or benefits? I mean it's a legit question. They will have a harder time finding employees, or good employees. I see a lot of very low skill people at interviews. Good ones won't bother for the same amount of money or less.
Neighbors not saying hello anymore hit me hard as well , i became paranoid and shut myself in . Thanks for the talk
That is exactly my experience. I got the timing perfect and scored a 50% pay rise in early 2022. I am sure other employers would consider me over paid so can never leave my current job ...
I know this isn’t a new thing but it seems intensified right now….I know so many ppl doing 2 and 3 job roles as 1 person bc companies are refusing to replace ppl who left.
Taking advantage of employees like this is horrible.
So much burnout right now 😢😢
same here, that's terrible. It's one thing to be able to fill in gaps and be multifunctional, but actually performing multiple roles for the same pay is bonkers.
How about "quiet pooping" where you spend as much rto time in the bathroom as possible. "Rage pooping" also works.
So what you're saying is you're getting paid to take a shit?
Four of my coworkers, all with the company for well over 10 yrs have quit in the last 2 weeks. And every single person in the department are actively looking for new employment.
Your boss sounds bad and their superiors are asleep
That's actually partially correct, people cannot quit if they don't have a job
Got turned down for a 100% remote role because my salary expectations were too high ($75k). I explained I made $135k last year-it’s a massive drop. Also they expected me to bring in a book of business it’s like gtfo!!
Companies outsourcing overseas for cheap labor is becoming the norm thanks to fully remote options. Americans are too expensive to pay and companies would rather send their plants down to Mexico or China just to save a few bucks.
Also, $75k in today's money is bottom barrel. Companies nowadays want you to wear a dozen hats, have a bunch of certificates and degrees and then MAYBE they'll consider hiring you.
@@monkemonkerson5620I don’t think it’s that Americans are too expensive to pay. It’s that everything in America is too expensive for Americans and they just want to make enough money to survive like everyone else.
Be careful...some of the job choices are jobs no one wants.
Correct
I was hired on as a remote employee 18 months ago at my company. Then I got put under a boss who has a chip on her shoulder about remote work and wants everyone in the office. Well, considering I’m like 1000 miles away, that’s not gonna happen, and ever since, she’s been trying to push me out. At this point I’m just working 8 to 5 and not a minute more, doing the bare minimum and not really caring if the work is good enough. They are going to have to pay me to leave
I can’t blame you. Even if you gave your company extra work for free, your boss would still try to fire you under the first pretext, so why bother. There needs to be a way to get rid of bad bosses without quitting.
@@GasPipeJimmy exactly. She has already given me a subpar performance review even though I get praise from my teammates and senior leadership for the projects I’ve been involved in. The writing is on the wall
@@pensivepenguin3000
Yeah, I know what you mean. Can you find a way to laterally transfer “away” from her?
@@GasPipeJimmy I think that would have been more possible before she basically marked me for death with that performance review lol. Plus, it’s a very small company and this was kind of the last straw. I really want to find something better
@EchoMountain47 Well by your own admission your work is subpar on purpose, so maybe the subpar performance review was warranted. Start looking now if you want to leave, the job market is absolutely brutal.
Husband and I each got new and better jobs during the great resignation or shortly after. Left old jobs due to high stress, extra hours, extra workload. Now we are actually in a position to retire a couple years earlier than expected and plan to leave by the beginning of next year. We both like our current positions but the burnout lingers. We’ll leave a nice plant manager job and a nice government paralegal job for someone else who needs it!
I was one of those people of not wanting to move, in an HR remote role at a large healthcare company. After my father passed away this past December, I am rethinking of my own future and how decent his employer and the people who supported him were to him, during his last days. Not to mention the benefits such as pension and death benefits left for my mom and want to same for me. I am talking to a public sector state employer right now and may make the move if the opportunity is right, given all this uncertainty.
I do the bare minimum. Just enough or slightly less to get fired, go 26wk unemployment, enjoy free time shopping, eating out, beach, lakes, hiking trails, then repeat. Back to another job to earn unemployment checks
I was recently laid off. Your channel has been helpful. About to head to an interview that’s a $40k pay cut. It’s a shit show out there.
@@scott2228 just remember money isn’t real. Happiness doesn’t come from money.
I've applied for 327 jobs to date since 2022. I've had 1 nibble & my job is making us come back in office in a few weeks. Been home FT since 2020. I'll keep what I have. Pay sucks but I do like my job & the industry I work in. Nothing is perfect.
Wish me luck...I left my job because of the workload.
Hate to say it but you made a bad decision
@@frankiecarrrierivg03 Well either way I had to for myself.
@@AntiquityIsResurgent well good luck for that just keep applying and maybe soon you get call up for an interview
You made a great decision. You should be in control of your own life, not allowing some employer to control it.
@@rayecast Thank you; when I come back in the market, I will be coming back with vengeance! 💪
Trying to find a new job is a freaking nightmare, especially if you are older. Then there is the devil you know versus the devil you don't know thing.
I'm glad I settled with my current role in November 2022 and got a 12,000 raise over my last role with less work.
tldr: shits bad bros
There's no growth. There's high inflation and people are cutting their spending and holding on to their jobs and holding off from looking for a better paying jobs because the risk is to high. Why quit a job that's $2.00 higher or $5.00 higher when you'll be expected to do more work. AS you go up in the ranks you will be expected to do everyone else's job.
People are also being a lot smarter when they apply by looking on the internet for complaints and talking to people who work at the company to find out the ins and outs of the company itself. Most good companies are going to pay well and have some sort of bonus benefit for their employees while other companies weed themselves out of quality employees with crappy work schedules, crappy short breaks and micromanagement and rewarding the CEO with a super high bonus instead of rewarding and motivating the employees who actually do the work.
I remember when I quit my crappy job I marched right in that store saying I quit. Now I have a job at the airport and I always loved being around planes. So yes I’m staying put.
Where I live, airport jobs usually pay more than the job equivalent elsewhere and it's not always easy to get a job there.
People higher up than me aren't resigning because once they found a good job with decent benefits, they really don't want to give that up. I don't blame them, but still waiting for my turn
Don't worry, when they finally move out the way, they company will go with outside hires instead of promoting within lol
Same here. Decided not to retire due to my good paying job that is not stressful. Why retire?
@@ericbooth7615 or they will do promotions within but OP wont get it because he is "too valuable". Some other lazy coworker will get it instead.
@@ericbooth7615Every single time
I should've just been a "begging for a job" major. That's all I've done since graduating
I’m afraid to quit and get laid off after starting a new job
Also a lot of these job postings are what they call ghost jobs. Which is when an employer makes a job posting without intention to hire. The reason could be to look good, or to just cast a large net for later. I suspect the 'great resignation' may have helped fuel this practice in part because they want resumes on hand. Anyways, in the engineering industry (to be vague) currently the majority of job postings in my area are in fact ghost jobs -- yes it is quite strange. That is just my experience being that I know from the job site if they have even viewed my resume or not, and the fact that many of these same jobs have been sitting on the job boards for far too long.
My company In Chicago I believe is looking for an engineer at the moment with 10 years experience but it won’t be an easy job. If it was my factory it would be easy because the people at my factory are experienced so it makes the engineers job and maintenance jobs easier
@@crush9197 I've noticed that manufacturing engineer positions seem to be an exception in terms of being real. It is the design engineering firms that are the ones guilty of playing this game the most from what I see. Best of luck on your search!
I wonder if that is what just happened to me. Yesterday morning a recruiter reached out to me from an established recruiting company that I definitely know is legit, asking if I wanted to talk about an opportunity that would’ve been perfect for me. I quickly replied that that would be great And crickets. I followed up with him today and still nothing. It’s like dude, why did you even message me?
@@pensivepenguin3000 In that case, since they actually reached out to you it's probably not. I know if you don't reply to those people super quick though, they'll just move onto someone else, and then just ignore you. But if you were super prompt then that is quite strange.
Last month, quiet quit was all the rage. Now it's what, quiet despair??? I can't keep up.
I think I know what it is. We are in a serious recession and all the work has dried up but companies are still holding out against hope and keeping employees on because they think that the work will come back soon. I have anecdotally heard of truckers just not getting any work compared to last year.
Employees can sense this and know it's only a matter of time but they are not going to leave their jobs without redundancy, even if they can get another job offer which is unlikely. So we are in a period of inertia waiting for it all to hit the fan. Employers are holding out hope and don't want to risk the cost of layoffs/rehiring if they get more work even though they are bleeding cash. Employees are clinging on for as long as they can with no life rafts left for them to jump to.
I've had 3 interviews so far this year, but no job offers. I'm kind of giving up on standard employment. I'm shifting to gig work (pet sitting, driving, etc.) and selling handicrafts to get by, but it definitely isn't a rosy financial outlook.
All of the jobs I see on LinkedIn for similar job/experience as mine as paying $10-20K less than I make now and are requiring you to be in office. Advanced HR positions for $40K. So...homeless? The last time $40K was a decent wage was back in 2014.
How utterly depressing! It's good to know that it's not just the UK that this is happening to! I told my work coach at the job centre about my theory which you have basically confirmed to be true! That people are not moving around due to being scared to! I really don't know how I'm going to get another job at this rate!
I'm a CPA with 5 years of experience, even I'm struggling
Attorney/Paralegal with 25 years experience, masters in law from a top 15 law school, Juris Masters degree, BA in English creative writing and paralegal degree with honors and NOTHING! I live in a s town where if one person dislikes you or believes bullshit gossip - you’re screwed! Or if you got let go from a job decades ago same thing. 🤦♀️ Struggling hardcore!
@@FSUACC1 Just asking, but why not open your own office? You don't have to charge criminally high fees like the others do. You'll be swamped with work from small Mom and Pop businesses/farms/families in a couple weeks. To hell with working for someone else and watching them walk away with the fruits of your labor! We all need help like yours, but can't afford the stupid high rates of most firms - if they would take us on. Bankruptcy is very busy and about to get worse; along with divorces.
Do what you have to put a "shingle" up and let those "Big Guys" eat cake. Do right by your customers(and help) and soon you'll be buying the empty offices of those who laughed at you.
Good luck and all the very best, Kevin
Sounds like you should move…
I live in a big enough city, it's the job market. Most jobs posted rn are terrible. I'm hoping government is a good ticket out but they move super slowly.
Yup. Dying without work
Just started a new job after quitting the previous job of 16 YEARS. Bad upper management, stingy raises, and promotions being treated like popularity contests rather than based on ability/experience. So because of that, they see 80% of the experience of their department walk out the door.
This is why I didn’t bounce from my primary job a few years ago. I knew this was temporary. So glad I’m still here. Work from home or BUST.
So isn't it just that the FED has jacked up interest rates? Making life more unaffordable in general for consumers and making it more difficult to buy homes? So as the economy sucks more for consumers and it's more costly to move and to buy a home, the tendency is just to stay in the home that you're currently in and also to batten down the hatches and stay in the job but you're currently in.
People aren't leaving their homes and they're not leaving their jobs because the economy sucks for most people in the United States.
The increased desperation among the working class will likely be seized upon employers and they will probably use the opportunity to suppress wages and increase workplace abuse.
You have been keeping up on trends giving out great information and you have had some valuable insight on what is really going on in the job market. Thank you!
I appreciate that!
All of this is very true indeed. Whether in US or in Europe (I am France-based). Went through an illegal layoff 6 months ago from a 6-digit salary director position in Paris, just purely savings-driven. Have applied to +150cv in the meantime with only 6 interviews at hand despite 25 years of experience, holding 2 Masters and speaking 5 languages. No feedback at all from applications 9 times out of 10, even when being in the middle of a recruiting process. I am 48 and do not recall job market being so challenging to the extent where the only possibility of bouncing back seems either to be through your own network (which is quite uncertain) or being the upteenth guy on the market to start up your own company. Quite scary when workers are required to work longer as retirement age has been pushed forward.
Recessions do that! Hard times create tough people!
Just quit today after 7 years!! Best feeling
Honestly I'm considering going with a temp agency to acquire new skills. I have absolutely peaked in my current role and plus my current company wants me gone. Not ideal but I guess I gotta do what I got to do.
Sad thing is, temp agencies aren't even what they used to be!
@@kamys6133 Please say more...
@@kamys6133 nothing is
It's different when you're putting up with CORPORATE MANIPULATION, TOXIC AND AGGRESSIVE COMMUNICATION, MIND GAMES AND GASLIGHTING.
I had 33 years in the Transit System and retired ,with no debt .Lovin life
this is true, I as well am unable to move to another job
my current one is too toxic, but i need the money
I’ve noticed allot of companies in my profession are implementing a no rehire policy including the company I work for
What’s that mean? Precisely?
Uh ... just put it my 2 weeks as if today... a 2 2 3 schedule (awful 0 work life balance) and hopefully will replace it with a 3 day 12 hour shift job. Cant wait to start!
Employers are kicking theirselves in the butt!! If they dnt get on board with work life balance... well.... i just hope ppl keep waking up and expect more out of life than only working.
im literally about to quit my 6 figure job after 3 years of being overworked and underpaid, oh well
It’s hard for me because my job gives yearly raises. You’ll still get a raise even if you lived 150 years you’ll still get a raise for each one of those years. So I am very picky now about which job I want. I only applied to one job 5 months ago for my cities waste water department because they offer a pension and more money down the road and I have a interview in two weeks. If I get it I’ll switch jobs but if I don’t then I’ll stay put because my job pays well.
I am working as a contract and yes, I appreciate having a job but I wish agencies will not take advantage of us like the agency I’m working. Give us a decent pay and treat us fairly, not because we need a job means you treat us like beggars. Shame on this recruiters🤨
We also aren't applying for tech jobs, we are burnt out...
That's the effect. The cause was massive layoffs all over the place, and companies declining to fill necessary headcount. Many are running "super lean" in anticipation of folderol in November - or because they think that AI is going to mean that they won't have to fill that necessary headcount because AI will take a lot of the donk work. (It's a good 25 years from that. There's still an awful lot of mechanical turking, companies using their employees' data to "train" AI to be more useful for business tasks, and...dreck. Lots and lots and LOTS of dreck.)
It if wasn't for the fact that my job is still 100% remote since Covid started I probably would have left by now. I don't dislike my job, but I am overworked and slightly underpaid relative to the market. I've had a few offers for 100% office and hybrid positions, but they didn't offer enough to lure me away. The only way I'd leave is if the commute was no longer than 20 minutes and it paid substantially more money (minimum 15% increase).
There was one company located literally a half a mile away from my house that I tried to get into but they did not offer me a job. I would have taken that one (it was 3 day a week hybrid) if offered.
I think your analysis is spot on. What I find interesting is the economic impact of the pandemic, although immediately severe, seems to have less overall impact than past economic downturns.
As far as jobs being redefined into positions with less growth potential, this seems to be the trend in the corporate world where all jobs are commodified.
Man I’m laughing hard on the term rage applying 😂 but yeah seriously this is a challenging job market.
I just quit mine after 16 years. I just got another one that pays more. I will never stay at another company for that long unless I can get promoted within 2 yrs.
I've seen a few people change companies for better opportunities only to get laid off months later. How can companies do that? They have to know a division isn't profitable so why hire just to lay people off?
20% of our workforce new hires are quitting within 2 months. The rest are staying until retirement.
The great resignation ended in 2022.
Right now is basically the era of toxic workplace
This wasn't really relevant for my own circumstances (I'm self-employed), but I did want to say, THANK YOU for having a six and half minute video that didn't last half an hour.
in spanish (colombia) there are two common sayings:
1. "mas vale pajaro en mano que 100 volando" (it could be translated as: "it worths more a bird in the hand, than 100 flying")
2. "mas vale malo conocido, que bueno por conocer" (it could be translated as: "it worths more the bad thing that you know, than the Good thing you dont know")
When we do Job Hopping, we inherently are taking a risk that we cant land properly in the new job and become jobless. in dire times like these people will stick to what fells safe rather than what gives higher earnings unless they cannot afford their basic needs.
Quit a job not long ago. Go back & forth with if I regret it, but my mental health is more important. Better to have a backup plan but sometimes it’s best to step out on faith. Job market does suck though. They’re extremely picky and don’t want to pay much.
Contemplating quitting my current job, currently. Lucky to be in high demand, unfortunately I'm so in demand that my company can't currently hire anyone else to take some of the load off...
It’s called a recession /depression! Unfortunately, the economists won’t acknowledge it until several quarters AFTER the numbers start to change (move upward). Very frustrating to live through!
I’m one of those people that made a career change because of the pandemic.
I learned to take control of my career and landed a better job.
Now I’m pursuing additional opportunities and investing in my education.
Was it easy? No, it took 600+ applications and refining my approach for about a year.
(You don’t have to apply that many times or as long if you follow Bryan’s tips plus others’ that make sense)
I live in California,,, SpaceX is going to be moving to Texas, that's great for that company but how many people aren't going to be willing to relocate and they're going to lose their jobs,?
That is the government of California's fault for putting in too many taxes and regulations that companies can't survive so they leave.
Spaces X is a scam. Texas sucks. I live here
Going on 2 years out of work next month. 140 applications 3 interviews 1 offer(declined). This doesn’t include low pay retail work and Uber.
If only I've known this when I was still working at my fast food job before... now it took a full year for an acquaintance of mine to find a fast food job. It should not take an entire year to find a starter job like fast food