Why is it so hard to find a job even with low unemployment

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  • Опубликовано: 17 сен 2024

Комментарии • 62

  • @StephenSalaka
    @StephenSalaka 6 месяцев назад +9

    25+ years of experience. 2,409 applications since January. 2,372 generic rejection emails. 422 customized CVs with corresponding cover letters. 116 cold calls and problem/solution emails. Not sure what else to do with this. Not even Junior developer roles are biting on my applications.

    • @BetterThing-jobs
      @BetterThing-jobs  6 месяцев назад +2

      I think I found you on LI and sent a connection request. You certainly have some disheartening stats! Are you reaching out to the hiring manager to cut around the recruiter/gatekeeper? My other thought is that it might be helpful to focus on referrals and getting referred. Really work your network. A friend of mine recently asked me to refer him into a role and sent me a referral template basically writing his own referral for me. Both ballsy and awesome! maybe that would work for you.

    • @StephenSalaka
      @StephenSalaka 6 месяцев назад

      @@BetterThing-jobs Thanks for the connect. 116 network connections and discussions (that's where inmail on LInkedIn is good) - but none of them have born any fruit - they also take the most amount of time, researching, engaging in a good conversation, and waiting for them to come back. I feel like an imposter, does my background and experience really mean anything.

  • @ChrisKGallon
    @ChrisKGallon 6 месяцев назад +3

    I'm in Canada and work for companies predominantly owned by the States and internationally. I am at a Senior Brand & Marketing level and worked at the 9th largest bank in North America, majored in Math, Physics & Astrophysics in University, and come from a history of wildland firefighting, multiple labor jobs, serving and bartending. I would be HAPPY to accept any job at this point and I don't care if it's Junior or anything. I've been interviewed 30 times since November and the trend is to interview 4/5 times for 1 role, then reject with no reason, then repost that job. This is kinda nuts and all over North America right now. Business market that they're enjoying a growth phase, but in actuality, no one is working.

    • @BetterThing-jobs
      @BetterThing-jobs  6 месяцев назад +1

      Thank you for filling us in on what you are seeing. I agree this feels completely out of the norm! Best of luck in your search. Don't lose heart. you can still do this!

    • @ChrisKGallon
      @ChrisKGallon 6 месяцев назад

      @@BetterThing-jobs Best of luck with you too! I hope you find what you're looking for - godspeed!

    • @Steve-mk6rq
      @Steve-mk6rq 5 месяцев назад +1

      You just described the fake job announcements. There a few reasons for this. Free marketing to the potential "applicants" and to make the HR bureaucrats look busy and relevant so they can justify their salaries.

  • @thatxdamnxgirl7416
    @thatxdamnxgirl7416 5 месяцев назад

    I'm so glad I found your channel - very informative and helpful, thank you so much!

  • @Dont_Panic_Whoop
    @Dont_Panic_Whoop 6 месяцев назад +4

    Just was laid off after 30 years and job search is very overwhelming. If everyone is using chat gpt then aren’t we all submitting the same resume?

    • @Zetsui51
      @Zetsui51 6 месяцев назад +1

      I feel your pain… I was laid off after 15 years of steady employment. 😞

    • @BetterThing-jobs
      @BetterThing-jobs  6 месяцев назад +1

      So sorry about your layoff. Keep your chin up. You can make it through. Let me know how I can help. On your question, That’s the beauty of chat gpt. It is adjusting the language of your resume to align with the language of the job description while maintaining your actual experience. It will make a uniquely aligned resume for each user.

  • @TheSnerggly
    @TheSnerggly 6 месяцев назад +1

    I've probably applied to over 150+ jobs. I 've been ghosted, dropped during the interviews, and screened out, probably due to my age. I've attended seminars on how to tailor my resume, paid someone to review and make adjustments, used AI to create cover letters, and customized them to the jobs I am applying for. I have also asked for referrals on LinkedIn. No responses from anyone. The new thing is for applications to ask for your LinkedIn profile. You will be screened out if you look older than I do. We are all being forced out, those of us over 50, so please don't say that many of us are "actively retiring" because this is not 100 percent the case. I want to work, I have years of experience and a great work ethic, I get along with others and love being a team player. None of that matters.

  • @Zetsui51
    @Zetsui51 6 месяцев назад +3

    There’s a weird flicker that keeps happening every few seconds… might need a flashing screen warning.

    • @BetterThing-jobs
      @BetterThing-jobs  6 месяцев назад +1

      New camera on the way. I thought I had cut out most of them. Super annoying issue I’m having right now with hardware.

  • @crazydrifter13
    @crazydrifter13 4 месяца назад +1

    Job positions that are open don't mean jack. Actual hiring is very very low, highly selective and a lot of under employment is going on. Fresh entrants are struggling a lot.

    • @BetterThing-jobs
      @BetterThing-jobs  3 месяца назад

      I think they do. It takes a lot to get a job open these days. people don't do it by accident. They may lose funding before they fill it, but the posting is sincere.

  • @hectorrodriguez2686
    @hectorrodriguez2686 6 месяцев назад +1

    Every industry that requires financing is undergoing a massive adjustment. Auto, private construction, manufacturing of capital goods, etc. Watch out for industries that rely on discretionary income such as tourism.

    • @BetterThing-jobs
      @BetterThing-jobs  6 месяцев назад

      Hopefully the rate cuts will help throughout this year. Fed just said they still expect to make 3 cuts.

  • @lexa_power
    @lexa_power 5 месяцев назад +1

    I’m like the person you mentioned who says they’re focusing on networking now since cold applying never seems to work. I was using chat gpt for a while but i wasn’t getting any results. Job market seems even worse this year than last year.

  • @idkname5978
    @idkname5978 6 месяцев назад +2

    I'm currently applying for 5-10 internships daily across the United States in the field of Game Design. Do you have any specific tips for applying to internship? I have two big projects that I have on my portfolio and I go into more detail in my cover letter, I'm currently a junior at University getting my Bachelor of Arts in Simulation & Game Design.

    • @BetterThing-jobs
      @BetterThing-jobs  6 месяцев назад +2

      It’s about making human contact and follow up. Your network is the thing that is most likely to get you an internship. Think about who your friends and family know and have them work their LinkedIn connections for you. You can also find an email address for support or questions on the main career site. Follow up there. Someone has to monitor that mailbox to catch compliance issues. Leverage it to request status.

  • @Zetsui51
    @Zetsui51 6 месяцев назад +1

    I think a few things are happening here that people don’t want to talk about.
    The first is that the age for social security benefits is now 67 and set to go higher.
    The second is that the baby boom generation is settling into social security now but realizing they need to go beyond that to have a safe and secure retirement.
    The third thing is that a lot of companies are replacing folks with robots and AI, or attempting to do so. This is causing a cream to the top scenario where “what have you done for me lately” is all that matters.
    Without going into this in great detail and without anything more than my own suspicions to back this up, I won’t belabor it further… but it’s food for thought as I may be entirely wrong, partially wrong, or partially right… but I don’t think we will ever know for certain.

    • @BetterThing-jobs
      @BetterThing-jobs  6 месяцев назад

      I think all of these things are certainly contributing factors.

  • @davidjofficial1
    @davidjofficial1 6 месяцев назад +2

    I'm just trying to find a job while I build my business on side but I keep getting rejected for everything even roles that I'm overqualified for.

    • @BetterThing-jobs
      @BetterThing-jobs  6 месяцев назад +1

      Sorry to hear that. Are you given a reason for rejection?

    • @davidjofficial1
      @davidjofficial1 6 месяцев назад

      @@BetterThing-jobs no, just standard we won't be progressing your application responses.

    • @BetterThing-jobs
      @BetterThing-jobs  6 месяцев назад +1

      Sorry to hear that. Try following up after the first week with an email to the "questions" email on the career site. That gets your message into a queue in large organizations and someone will ultimately respond personally.

    • @davidjofficial1
      @davidjofficial1 6 месяцев назад

      @@BetterThing-jobs thanks for the advice.

    • @macobuzi
      @macobuzi 6 месяцев назад

      @@davidjofficial1 Yeah, That's mean they have found a candidate that qualified for the job but willing to take less money than you. I received the same response everytime and not until i asked them throughly that i receive the detail response.

  • @skyblazeeterno
    @skyblazeeterno 4 месяца назад +1

    or quite simply the low unemployment figures are bogus

  • @ReceptiveKing93
    @ReceptiveKing93 6 месяцев назад

    It’s crazy I just move to another state & only got 2 final round interviews and got passed up for both of them. I got an interview with a better opportunity and still waiting to hear back. But what I’m seeing is employers who shouldn’t be picky are being picky. Contract employers are being picky, low wage employers are being picky. I’m running into somewhat great opportunities but not enough of them. Hopefully I can land this job that I had a final round interview with.

    • @BetterThing-jobs
      @BetterThing-jobs  6 месяцев назад

      When you changed states, did you leave your network behind? That is usually the problem I see in this situation.

    • @ReceptiveKing93
      @ReceptiveKing93 6 месяцев назад

      @@BetterThing-jobs I didn’t really have a network at home. I just really needed a change of scenery after I was let go by a toxic work environment.

  • @nicolasb565
    @nicolasb565 6 месяцев назад

    Well, the usa is doing better than other developed country, but it's still not great right now... May also depend on local job market and in your job title.

  • @smokeythecat8967
    @smokeythecat8967 4 месяца назад

    You need to look at how they calculate employment and unemployment. The statistics are not accurate.

    • @BetterThing-jobs
      @BetterThing-jobs  3 месяца назад

      New video with this definition is on the way.

  • @DanivirAmadeus
    @DanivirAmadeus 6 месяцев назад

    I have no idea how they calculate their statistics but the easiest way to know if the job market is healthy is to try to get any job starting from the bottom.
    People joke about "If you don't pay attention in school you'll have to work at McDonald's or Walmart"
    I haven't been to the US in a while but in the UK you can't get a job at McDonald's! You can't get a job working in a supermarket franchise.
    You can apply but you'll be one of 5000 people also applying to work the checkout.
    If you're looking for skilled work such as tech based work it's easier, work like software developer or in fintech.
    But the fact the jobs that people resort to when they have few options are in so short supply makes me think the economy can't be healthy.

    • @BetterThing-jobs
      @BetterThing-jobs  6 месяцев назад

      I agree with you. Do UK stats paint a positive picture like our government statistics?

    • @DanivirAmadeus
      @DanivirAmadeus 6 месяцев назад

      @@BetterThing-jobs Very much so, if they are to believed then unemployment is around the lowest it's been in the past 50 years. Yet I know people with degrees from good universities struggling to find a good-paying job.
      They must be very creative in how they collect these statistics. Low unemployment would mean a job market favoring the supply over demand, but when you talk to people trying to find work it seems employers aren't hiring that readily and if they do they have so many options they're spoiled for choice.
      I know they play with the numbers to mask inflation in pretty much every developed nation, I wouldn't be surprised if they do the same with unemployment and it's actually closer to 10% than 3 or 4 percent.

    • @BetterThing-jobs
      @BetterThing-jobs  6 месяцев назад

      For us, it comes down to a lack of churn in the job market. We have 20% fewer open jobs in the US along with a decrease in the number of people quitting jobs. That means if you don't have a job, it feels way harder to find a job than it did in the past. It is largely down to people not leaving their current role.

  • @neilmcdougall4927
    @neilmcdougall4927 4 месяца назад

    job:working adult ratio totally skewed

    • @BetterThing-jobs
      @BetterThing-jobs  3 месяца назад

      agreed. Needs to include disenfranchised workers.

  • @charlesmosley5691
    @charlesmosley5691 Месяц назад

    Sounds like a Trumper .. dismissed !

    • @BetterThing-jobs
      @BetterThing-jobs  Месяц назад

      Interesting that pointing out blatant contradictions from our leaders makes you assume I'm a Trumper. I am in fact an analyst who lets the data lead to conclusions. In this case, an administration that is currently in power wants to make themselves look good leading into an election. I'm sure whoever is in power does the same no matter what side of the aisle they are on.

  • @Zetsui51
    @Zetsui51 6 месяцев назад

    Second….

  • @bash-shell
    @bash-shell 6 месяцев назад

    It’s obvious u have no idea how economic data reporting works

    • @BetterThing-jobs
      @BetterThing-jobs  6 месяцев назад +1

      How exactly? I have an MBA and have been in the recruiting profession for 27 years. I’ll put my credentials up against anyone else on the planet in this space. Bring it.

    • @BetterThing-jobs
      @BetterThing-jobs  6 месяцев назад +1

      I’m also a conference keynote speaker who regularly gives a state of recruiting talk at the largest recruiting conference in North America. Again, bring it.

    • @BetterThing-jobs
      @BetterThing-jobs  6 месяцев назад +1

      One more because this is a fun game. I don’t get to flex on being a metrics nerd often. Here we go. I’ve run analytics at the largest staffing firm in the world, Randstad. I currently have analytics at a top tier recruiting outsourcing company. I have consulted with 28 of Fortune’s top 50 companies on this topic in my career through my work at Accenture and others. I just left two years at THE WORLD’s LARGEST BANK, JP Morgan Chase working on just this problem. The second largest bank’s head of recruiting analytics is a mentee and good friend of mine. Guess who he comes calls to bounce ideas about this very thing off? Yep. That’s me. I know of 2 other people with a background that would rival mine, and you don’t write like Andrew or Mike.

    • @bash-shell
      @bash-shell 6 месяцев назад

      @@BetterThing-jobs dude, u gotta get out of the house more often. God bless u

    • @BetterThing-jobs
      @BetterThing-jobs  6 месяцев назад

      I know, right?

  • @IamNiggler
    @IamNiggler 6 месяцев назад

    Gays in the wheelchair