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Want to put out there a word of caution when it comes to Seeking Alpha. Quant is not 100% a reliable indicator of a company's performance. If anything, today, Jabil ($JBL) reported disappointing numbers and it was rated a Strong Buy by Quant while the company so far is logging a 10% decline after hours. Napco Security ($NSSC) was also rated a Strong Buy by Quant as it rose but downgraded to hold right *after* the company logged a 30% decline in one day due to internal control issues requiring restating several quarterly statements. Meanwhile, Aris Water Solutions ($ARIS) was at one point rated a sell and then a Strong Sell when it's shares dipped to $7, which was the bottom earlier in the year. It was upgraded once it rallied, meaning Quant could have misled investors if they take the rating at face value. I've seen the same pattern with Quant, which is heavily advertised to outperform the S&P, to upgrade strong buys on improved momentum and Wall Street sentiment and to downgrade stocks when they go down. It is very fickle if it's not rating a company a strong buy for a very long time (Case in point, Powell Industries ($POWL), which can make the system more dangerous. Aside of that, service is good, but it can get as good as you can get when relying on analysts that find it easier to post Buy articles than to post Sell articles.
I applied to Home Depot. They wouldn’t even guarantee 20 hours a week, wanted to pay $10/ hr, and wanted my availability to be wide open. Of course they are desperate for workers!
I applied to Target for seasonal work. They were paying $15/hr but said it would be no more than 20 hours per week and wanted my availability wide open. No one could live on that without a second job!
@@johnnysilverhand1733 are you high on crystal meth???🤨 This ghost job fraud is happening in every state! What an insanely obtuse comment you posted!😖
I was turned away for a job because I was “overqualified and over experienced ” which translates to “we can’t pay you what you’re worth.” They are seeking cheap labor, nothing else.
Agreed. Had the same experience and I struggled to find anything. We need to eat and survive! I basically told them “I really need a job!” They said they would consider, never got a call back. I sometimes harbor resentment against those companies because my career could have flourished if they threw me a bone. Well whatever, I’m figuring out self employment.
@@johnnysilverhand1733Ha! That’s actually not true. You’re just a corporate shill. It’s a free market where workers sell their labor, meaning that workers can choose the price point to sell it at. The idea that the employer sets the standards for wages is not necessarily true. Funny how you free market capitalist are the first to forget the principles of a free market when it comes to justifying low wages. What a bum
I would add to this that I think should clearly run afoul of privacy laws to just maintain a database of prospective applicants in perpetuity. I think most people would expect that companies only maintain that information until a role is filled and then their personal information is discarded. To find out that's not the case should make people very wary about where they're applying.
Unemployment is an odd concept in an economy where for so many folks it’s necessary to work multiple jobs just to get by. Loose one and you’re counted as employed but suddenly don’t have enough money to live.
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I've done an interview with Apple in Ireland. During the interview I asked specific questions ('who will be my manager...' etc) and they could not answer. Couple weeks later I spoke to a friend who worked at Apple and he said that Apple is not hiring anyone due to a hiring freeze. Apple called that day to tell me 'Oh this was the best interview we ever got! But... call us back in 6 months the position is not open.' I asked them to remove me out of their HR database and go scr*w themselves for wasting my time. Thats what we are up against these days.
Yes have heard about the freeze too. It's been several months of hiring freeze everywhere. Downsized tremendously. I think big companies are moving towards hiring contractors at lower pay rates or better yet outsourcing contractors at even lower rates way below average market pay rates. Very upsetting to see people with over 10 years of experience get paid entry level pay by these big companies because they can.
Same shit happened to me with a US based software company. I applied for 2 jobs via an internal referral (THAT WERE POSTED) and then my referrer found out there was a hiring freeze. Those jobs are still up
Exactly. The company where i work won't hire people unless they've pretty much done the same job for another company. Reject applications daily then wonder why they haven't found anybody for the role.
@@leifang1211 it’s not an american phenomenon only it’s the same in Europe even regular store jobs have personality tests to see if you fit the job. And also they sometimes write “minimum 3 years experience”.
Yes, Billions and Billions of McDonalds jobs, how do these count!!!!??? Hours limited so workers can't get benefits, so they have to work 2 crappy jobs. These so called jobs are all low wage or expect highly qualified people to fill.
Agreed... unfortunately within all companies no matter the size.... most of the profits only land into the pockets of people working at the very very top. The CEO and his top people will give each other bonuses every year for MILLIONS while their working staff might receive a tiny gift card during holidays.
My son lost a job and looked for over a year trying to find work, he finally found work - but he put in hundreds of applications without getting any calls!!! The few calls he received were scams! He was very panicked!! it shouldn't be this hard if you want work!
Jobs I applied to up to three years ago are calling me in for interviews just to ghost me after. On top of that their ad says like 24-28$ starting, want you to drive up to 2 hours away and then offer 16$ max.
I'm going through the same thing right now too. It's truly awful. Everyone wants years of experience and nobody is willing to teach you for it. The very few calls I've gotten (only 2, and one of them ghosted me), have been for a very low salary that would just not allow me to tackle all my expenses. It's crazy
If workers can't get unemployment benefits if they stop looking for a job, then companies shouldn't get subsidies if they don't hire people they say they need
Well that was depressing. As per usual, companies created a problem and are now complaining to anyone who will listen about how it's the employee's fault.
The motives go much higher in the Nation. The question must be asked, are these issues organic or are they intentional? Why are the big banksters trying so hard to keep the impression of a "good economy" going while everything is teetering on the brink of collapse?
America is so deep into individualism and capitalism that if you told everyone “hey let’s all band together in collective bargaining so we can better everyone’s employment situation!” You’d have many get angry at you for suggesting that. We could legit all come together and demand changes for the better, which could help everyone, and you’d have many folks go like “my company is screwing me over but im actually more angry at YOU for telling me what to do!!”
@@steverogers7601 America is so deep into ignorance about what's being done to it, not by its neighbors but by hostile infiltrators working with foreign powers and all the domino effects this has caused. American also is very ignorant about where money comes from and who controls it.
I just got an offer after 11 months of unemployment. In ALL that time, it became very obvious which companies were reposting the same job month after months and clearly never hiring anyone for it. LOTS of them. I now have a list of companies to never waste my time applying to again
And its sad that this has been going on since i can remember. Im currently employed, but in my early 20s it took 3 years for me to find a job. I had to settle for temp jobs. Get disposed off repeatedly throughout a year. Then got a legit warehouse job making 27.50 an hour so i guess i got lucky through sheer iron will. But that doesn't change my view of the job market. The job market is more corrupt than the Chinese Communist party. I have no faith in this market. If i lose my job, im gonna have a different attitude/mindset than i did in my early 20s.
Really sorry for people who are struggling with this. I now feel dumb cuz I turned down a sales manager job for a tour operator to pursue pilot selection competition, then tried to get a cool scholarship, but it all did not happen.
The idea that companies "can't afford" to pay employees is ridiculous if you look at the ever growing rate of upper management salaries and CEO bonuses compared with real wage growth and the amount of work being shoved on a shrinking pool of stressed out workers.
@@unclestinky6388 1. The CEO isn't the only one who is overpayed. There is a whole host of overpayed management positions in most companies. 2. Going from $15/h to $19/h is actually a very big improvement for most people in that income bracket.
Our company laid several people off before labor day or demoted to part time. Meanwhile the CEO got a huge bonus for doing that. We also had a mandatory meeting last week and man.. there were several angry techs that asked about going back to full time and the CEO just dodged the question. It was due to "low call volume". They also outsourced our internal call center to over seas and now implementing AI. That is what we techs get for busting our ass off. But that goes for lots of other workers.
The "they don't want to train" has been a thing ever since I became a working adult in 2010. My grandpa didn't know how to paint airplanes when he applied at McDonnell-Douglas (now Boeing), but he got hired and worked there until his death. My mom never went to school for accounting, yet she now works with small businesses in keeping up with their books and finances. A lot of jobs that these companies claim require a Bachelors or higher, don't actually need those requirements, the companies are just too lazy and cheap to train. The thing that really hurt workers is the online application process. Before, you'd fill out a paper with your resume and talked to the boss or HR directly, and a lot of times you'd get a small interview right then and there. If you truly showed that you wanted the job and could market yourself, you could get it even if you weren't qualified. Now it's all done by AI.
The financial crisis of 2008 was a catalyst for change in business practice. To save money, most large companies across the developed world slashed their training and development budgets and many just stopped hiring for entry level positions, traineeships or graduate positions. The focus became on poaching experienced staff from elsewhere that required minimum training. What started as a short term cost saving measure has since become established practice in most large western companies: training budgets remain very low to non-existent, entry level positions are rare or mis-sold, and focus remains on external hires over nurturing internal talent. It's far, far cheaper to let someone else train your staff for you, than to spend money doing it yourself.
They want a Bachelor's because (1) that's an instant and legal way for them to narrow their applicant pool, (2) it shows you were able to stick with something as an adult for 4 years, and (3) it means you're in more debt and more desperate than applicants without a degree.
@@Rabiusa I don't understand this philosophy. Statistically they cannot all have external hires. Those same candidates must have started from somewhere, and by refusing to train new people they are jeopardizing their own future prospects.
@@LancesArmorStriking - It requires applicants to have quite a few certificates under there wing. A professional or white collar worker is expected to constantly add to there own training and get these certifications. A few decades ago it was about degrees mentioned by "googegress7459", but since most every white collar worker has a degree or multiples, the certificates have become the next big thing
This is a worldwide problem. Companies do not have a shortage of workers per se; companies have a shortage of highly qualified AND low-paid workers - that's why they telling you "nobody wants to work anymore".
This is also how they are justifying the reinstitution of child labor in America. “No one wants to work” is how they justify putting migrants dreamers, the ones they can’t deport, to work in factories
I'd take a more skilled job if I can take an apprenticeship for something like an electrian for example. But no company wants to train people either despite the shortage of skilled workers.
Dude, I’m so desperate I WOULD take those low paying jobs. I’ve applied to quite literally 300+ jobs, online and in my area, and I’ve received FIVE interviews. I’m a disabled woman in my mid twenties still living with my mom. I want to WORK and LIVE A LIFE OF MY OWN! This video literally has me in tears because I’m so desperate. We literally can go two or three days at a time without eating because we literally can’t afford ANYTHING! I’ve literally had to pawn a very sentimental piece of jewelry to me that held significance by reminding me of my recently deceased father - it was a heart pendant made with diamonds and gold we had found together. Had to pawn it for less than it was worth, just so we could eat and get life saving medicine. Wasn’t the first, nor will it likely be the last sentimental material good I will have to part ways with to pawn, not that I really have much else. I’m so crushed, man. I just want to work so I can take care of my family, is that really too much to ask for?
Felt sad hearing ur story. But living with your mom isnt bad thing. You are family and family lives together. Dont worry you will get the job. I too tried years to get a good job. Had depression and panic attacks. Got the job but not the high paying one. Hopes things improve.
Hi, I hear you, and I'm sorry you're going through such a rough time. Something that could help make money would be staring a YT channel, you could talk about looking for a job, or even being young & living with a disability. I'd also recommend considering learning to program. I did what's a software development bootcamp to learn how to program, and was able to get job opportunities because of that (and because of God!). I'm gonna be praying for you, and I hope the best for you. If you're interested in the bootcamp I did, it's called Ada Developers Academy.
I totally feel you. Half of us just want an opportunity where we can grow and make decent money. After over a year of job searching, I absolutely have lost hope. I even thought of a career change since I won’t get hired, but even that costs a pretty penny.
They just leaked that turnover is costing Amazon billions of dollars. But do they spend a little of that money improving working conditions, increasing pay, and thus reducing turnover? Of course not. If you find a good employee, hold on to them with both hands.
That is also exactly why some people aim for the management positions. Everyone else gets stuck at the ceiling just below management. Once in management, they do job hopping to get to the top. Also being a matter of knowing the right people. Another initial reason for wanting to straight into management is the salary and position of power. That they know nothing of the industry is secondary.
My personal favorite was a finnish company looking for under 22 year old worker with 10 years of experience in the field. Looking for those elementary school child prodigies for the advanced engineering position.
People are "spoiled" because they got/demanded to be treated like actual human beings with rights for once during the chaos of WFH and the pandemic? *"Spoiled"*? I have no words. I sincerely hope most people dont actually think like that.
Most don’t, but the small whiners will always be most vocal. People passed away because of working during Covid. Now we’re just drones that need to get back to work
Yeah. And companies that are posting record breaking profits after soaking consumers since 2020 'can't' hire more workers? Nah nah nah. Workers are realizing their value for the first time in decades, and they are trying to nip that in the bud.
Exactly, for the first time in years if not decades tons of people were paid what they were worth and understandably they don't want to go back to working for chump change
This is pretty much spot on. I applied for a decent paying tech/software sales job (90K:-130K) and managed to score an interview as the result of a high level connection I have within that company. The internal recruiter took her time responding to my email, and when we finally set up the call the first thing she mentioned was that they're always looking for high level business development reps. In other words, the job is always posted. She went through the motions and was actually very engaging, but I knew it was a dead-end attempt on my part. There was no imminent need for filling the role I applied for. I received an email three weeks later that the company has decided to blah..blah..blah.
Yep, a lot of companies do that. They are just priming and tweaking their "employment stats" and meeting "legal obligations" regarding the same. It's all "pro forma." Basically, yours was a "fake interview."
Yep. Some expect loyalty, yet won't reciprocate it. Loyalty goes both ways, as you stated. To be honest though, it is truly difficult to find true loyalty these day. I am loyal, but I don't get the same reciprocation, so I severe the relationship form new ones and they always come running back when they realize that I was the only loyal one standing behind them. 🤷
@@yummyherbicide7296 Well loyalty goes both ways. If only one side offers loyalty, than the other doesnt deserve it. All relationships should be give and take. If one side gives and one side takes, there is no balance. Most do not understand give and take relationships. There is one life lesson that I have learned and that is to make oneself useful to others or you will be nothing in this society. The unfortunate truth is that if you aren't useful to others, you won't mean much. If I bring a lot to the table and the other person brings nothing to the table, but bread crumbs, the relationship really isn't worth it now is it? Individuals don't realize my worth until losing me and mostly always come back. Do they come back for you? If not, one should try and oneself useful or you will just be nothing, but a throw away. 🤷
"Ghost jobs" should be considered fraud. If they are not hiring, it's not a real job posting and should not be allowed. The fact that LinkedIn doesn't punish or call out companies that do this is the problem.
Ghost jobs won't be illegal. why? if it comes out there are 6 million people unemployed and only 3 million people jobs open. people will be in an uproar
And how would anyone check that? All a company needs to justify a job posting is a business plan which states they want to grow should the opportunity present itself. And big companies with a lot of turnover can easily "prove" that any job posting you may find is for an opening they actually have. It's bad for employees, but this is just what reality looks like now.
I have gotten a "job" tossed off indeed multiple times. It's a scam employer who "hires" people then does not pay them so they "quit". If you write them and make a legit argument with proof you can get "jobs" tossed. But it pretty much has to be somebody that has proof that it is not a real job..those people don't usually care or are afraid to say something.
Companies deliberately demanding more than is required for the offered position, so they can low-ball pay to anybody applying regardless. Either they get an overqualified worker willing to take a pay cut, or they get a qualified worker who will probably give in to a bad offer because they didn't meet all the job prerequisites listed. But people know this now.. so I think a lot of folks just walk away. period.
It’s a dangerous trend that will result in more immigrants crushing our existing American citizens. I didn’t used to be anti-immigrant before this video, but now I am anti-immigrant if it means evil companies can do this shit.
My dream job, driving the RTD bus in Denver. Desperate when I got out of the army for anything, they were hiring and I had to take the aptitude test and I scored too high and they said I wouldn't like the job and no. And that was before all the benefits were no longer given to new hires, I ended up getting a low-paying job at Yellow Cab and I really enjoyed it, now RTD is desperate and I'm too old. And still I would score too high. On the flip side I went to Charter College for electronics engineering and minimum age requirement is 18 with 20 years experience using software I've never heard of, they got me a job at Radio Shack at the counter for three dollars and 65 cents an hour which wouldn't even pay the 295 a month student loan on top of the $400 a month rent for the closet I lived in. The tuition and Loan repayments of $40,000 was a total waste of my life, those private colleges are total scams.
For the past 14 years, Ive worked as a lobby assistant in a restaurant. Last year, I asked for a raise and got it to $12 an hour. A few months ago, an employee from the city noticed me working, and told me I was working so hard for so little. Thats where my problems are. I dont have a drivers license, and all I have to my name is a high school diploma from 2008. Even if I could apply for a job in the city, I don't think I would meet the qualifications. Most of the job postings require a bachelors degree for 6 months, as well as a drivers license. Im disabled, and dont know how to drive. So, how can those who dont have a license get a job in the first place? I admit, Im scared. I dont know how Im going to make it in the future when I get older.
I have an MBA degree and sometimes I actually leave it off my resume because there is a massive push back against people who have degrees now. Plus the companies often believe I will demand too much and they don't consider me. They don't want to pay an MBA wage. It's very difficult to find work at that level. Multiple stages of interviews and they want a laundry list of qualifications where they can place you in many different roles. For instance, they may want you to be plugged into a finance role, but if the IT guy can't come to work, they want you to also be able to write code, etc. It's silly. I've come across several job ads like that.
Get an ID. And don't ever think you need a degree, what you need is confidence. I'm disabled - lymphoma - stage 4 at 27 years old. Peak of my career, no degree but 35 state insurance adjuster licenses. I'm 39 now, still fighting cancer, lost everything many times from the high cost of chemo. But confidence is what kept me getting hired. I have never been asked for my diploma or my military paperwork from my service (DD-214 or any proof at all). People lie ok resumes all the time. You can Uber or Lyft to work - and being disabled actually helps you get hired. The company cannot disqualify you from employment for the disability so learn to play your cards as they were dealt and you will find that most curses are also gifts if you learn to twist the curse around your own will. Life is hard and unfair. It flat out sucks. But what sucks more is regret as the years pass by you faster and faster, until you have little time left to try anything. Apply for these jobs, interview and learn from each one. They are uncomfortable, no way around it. But it will get easier with each interview you do. You will learn what your resume needs. There are tons of online certifications that outweigh some degrees for many jobs. What's keeping you held back is self doubt and fear, and those are both inside of your mind - nowhere else. Go get what you deserve.
Don't feel bad. I have a bachelor's degree in business, it does NOTHING for me. I thought I'd get jobs much easier since emy degree is around numbers not some dumb shit like gender studies
"People refuse to take low wages because they were spoiled" 😂 no no companies are low balling. I've stopped being nice to hiring managers who waste my time. I've told several that I didn't go to college for $12/hr. But in a way less nice way. Bachelor's in finance. Master's in management. 15 years military experience. I'm not going into an entry level job. I make enough with my retirement pay. I'd rather sit home than accept a disrespectful paycheck.
@@candyluna2929 get your CPA if you're going for accounting. Finance will get you bank jobs and crappy job offers. It's good if your going to work for yourself. Otherwise go get that CPA.. and still work for yourself. These employers are very disrespectful with their salaries. I'm 100% VA rated so I get the luxury of screwing off all day and just getting paid to exist at this point
Same I'm glad I retired cause even though they raised minimum wage to 15.67 still not worth dealing with doing multiple jobs like the military had me doing
It's all part of the game. The WEF has said that by 2030, "You'll own nothing and be happy!" All these companies are bought & paid for by the WEF and the globalists. The DEI agenda, and "sustainability." It will get a lot worse over the next few years.
@@lolwtnick4362Your "value" is how little a company can get away with paying you while squeezing as much labor as they can out of you. This sort of contrived value should not determine whether or not a person can feed their family.
"Spoiled"??? Given the price of housing, not accepting wages that require you to live in your car is not a sign of being spoiled. Landlords want to charge luxury level rent for rat holes. Employers want taxpayers and foodbanks to make up for their low wages. And local governments want homeless people to give up their jobs and get out of town. And they all expect people to magically show up to work, rent, buy stuff, and pay taxes. It's like a tragedy of the commons, except with people instead of grazing land.
ya not gonna lie i stopped listening when he said that. If they dont even know what decent pay is and why we need it it honestly make me second guess everything they are saying
@@outtheredudeyou can get by with a cheap sh*t box though, it's the petrol that's the issue. I had to buy a new car during the pandemic unfortunately (engine packed it in on my previous car). I hate to pay another $5k on top of the emergency funds I saved up, completely wiped out after that.
I've been through this about 4 times now, it is very symptomatic of the early phase of a RECESSION. Companies want to look prosperous even though they have NO intentions if hiring anyone.
The issue with high turnover and no training is so true. I work in software development, and we hop jobs so often. As a result, every job I apply to doesn't want to teach me anything; they want me to be proficient in every specific, niche softwares or packages they use, even if I could quickly learn it on the job. It's exhausting.
Same. And it's always a crap shoot when you get in, and to top it off (I'm an independant contractor), I finally get everything built up so that it is manageable the job ends and the cycle starts over. Exhausting for sure.
Also they will hire someone with no experience based on an internal referral so that means the experience isn’t necessary. The applicant is just jumping through hoops for nothing.
Then you look bad when needing to rely on other co workers for help because you’re new. Often being told “just figure it out” then you look bad when you screw up or incorrectly configure something etc
@@charliedallachie3539Yup. These companies are absolute idiots. "Time is money" yet they won't put in some time to teach a good candidate how their company works, builds projects, does its job ETC. But won't have any issues when an experienced candidate wastes his time trying to learn all of it on his own and doing the work for 3x longer because nobody wants to teach him. Companies are just not thinking about anything long term
@@hubertcumberdale2651 if you would have said that to me 2 years ago, I would have been skeptical, but now I realize, that's absolute truth, we are all racing for the bottom. Just look at the rise of the dollar store, and the rise of food deserts, and trying to buy everything ridiculously cheap so most of it comes from China.
startup idea: a job board with no fake jobs. Employers that don't fill the role within a specified number of months get kicked off the platform. This will also attract top employee talent to the job board. Someone make this please
@@robertbeisert3315 They don't have to. The tinderization of the job market goes both ways as the video explained. Nobody believes in company loyalty any more. Indeed seems to be ahead of the curve on this one. Of all the job sites, Indeed is the only one where the user can quickly click through all the buttons to apply for jobs. You can still post jobs that refer to their own internal web portal, but I've learned to just not bother to apply for those jobs anyway since I can apply to ten other jobs in the time it takes to navigate their junk website. If the culture moves to an even quicker and dirtier paradigm than indeed, (for example we could have bots that automatically spam your resume to every job posting) then their paradigms an algorithms will effectively become useless, and we'll just have a perfectly tuned AI algorithm that perfectly places people automatically.
@@robertbeisert3315Because this is a premium service for job seekers, we can charge a $1 premium for those seeking a job and companies get in for free. Kinda like dating websites will have features made for certain genders to pay for because the other is the real product. Anti ghost posts is the product the job board sells, so the companies are the product and the job seekers are the customer. Now you have a semi cheap website that millions are going to visit because they all want a job and not have the hassle of applying to ghosts
@@remainedanonymous8251 I actually set up an interview using their “AI assistant” or whatever and went to the interview. They said they would give my availability to the manager, and within two days I got the email.
@@varnull6120 The bosses make in an hour what their workers make in a year. They get 300 times more than than their workers do. Back in ‘65 it was only 20 times more. Under Japanese labor law the bosses cannot earn more than 20 times more than their workers, so I’ve heard.
As someone with over 25 years experience in tech, I’ve been looking for over a year, applied for many jobs where I can start tomorrow and jump right in and be effective, but still can’t get an interview. I’ve been told outright they are looking for someone “more Junior,” i .e. younger. What they’re not thinking about is that I’m just looking for a position where i can do good work for 8-10 more years before i retire. I WILL stay more than 2 years because I don’t want to go back through this. I will be the most effective use of their money they’ve ever seen, but they can’t get past my age. And ghost jobs is totally real. I see positions for which they’ve told me, “we filled that position” but then repost it a month later. With this, everyone is screwed.
Verbatim my experience. I'm done. It's freaking devastating to be honest. It took me SO long to get a career going and now the greed of the system has left me to the wolves.
Same here, I applied the ton of jobs and be refused from all. I saw same positions I applied two months or even longer are still on indeed and LinkedIn, look like these companies hiring the people for same position forever! Totally wasted my time.
Also, the implication that “nonskilled” workers who aren’t degreed or at a desk job dont deserve to be able to pay rent without emptying their bank accounts is a mind blowing conceit. Without the “nonskilled” laborers, none of you tech/finance/hr/corpo/ivory tower people could enjoy the many conveniences available to you afforded by your class and pay.
@@murfnturf23I would say a LOT of jobs ARE unskilled. I'm fairly well educated and had most of my career in admin or office work. I wouldn't even say that work was particularly skilled. Later I had to take work and ended up working in a call centre...soul destroying u nskilled work...a shop unskilled but kind of interesting weirdly ...and a supermarket as a café cook, unskilled brain-dead HARD work. I would say that pretty much ANY job that you do not need specific high level training is unskilled...BUT there's nothing wrong in it. If you like doing it then good for you! In the call centre work there were people that loved it but I found it hard going
@@hubertcumberdale2651not always true I am a digital immigrant front rh US to Mexico and my husband and I had to move because ethe cost of living there would of have made us homeless
My dad doesn't believe this is an actual thing. 1 year, 700 applications later, only 8 interviews, 4 of which were middleman hiring companies and not the actual employer. and the only job I could find was my old job at Walmart, and then another 3 months later, Lowe's. neither of which are wages I can/could survive off of. I'm a 6yr Navy Vet who operated nuclear powerplants, managed personnel and have a bachelors degree in Graphic design. Not only can I not find work in areas I want or am actually qualified for, I struggle to find jobs in basic stuff that is, at best, going to put food on my plate. forget having a place to live or any sort of comfort.
Sounds like my dad he had a job for 20 years became a masters and contractor had big dreams for his son but with a bachelors and even with experience still cant find anything other than the horrible jobs that wont even cover the basic necessities
I feel your pain . 6 years in the marines helicopter mech. B.s. in environmental science hoisting lic and cdl class b...and I work part time at the town dump....apply for jobs routinely..for years
These companies are posting 'ghost jobs' so that they can continue to get forgiveness on their PPP loans as per the stipulations. PPP loan fraud is one of the biggest problems in the last several years.
It was before but not true now. PPP loans have already been forgiven completely. This is no longer a requirement. However, "always hiring" makes it looks like they are growing, which can help keep their stock prices up. All an illusion
@@jerirasulo9543 Paycheck Protection Loans were loans given to businesses by the government during 2020 as pandemic relief. Business owners only qualified for these loans under the condition that they didnt layoff staff. Then, the government decided to forgive these loans, so business owners no longer had to pay back what they borrowed. However, one of the conditions for forgiveness was also related to staffing, and the businesses had to be actively looking to hire new employees. But businesses saved money by operating on skeleton crews, so in order to qualify for PPP loan forgiveness, they would put out help wanted signs but never actually hire anyone. So they could tell the government, "we're looking for employees but no one wants to work!" in order to qualify for PPP loan forgiveness without actually increasing their labor force. This is how the "nobody wants to work" myth was started.
@@jerirasulo9543 Have you been hiding under a rock for the last five years? Those were the loans given to companies to keep them afloat during the pandemic. You were SUPPOSED to keep your staff on hand, paying them, during lockdowns with PPP loans. And it SHOULD have gone to smaller businesses as the record profits of larger companies for the last three decades one would assume at some point would have funded a "rainy day" fund. Instead, the larger companies took way too much of the pie because- as anyone knows about the truth of trickle down economics- they haven't set aside a cent for emergencies like a pandemic. It has all gone to shareholders and those at the top. But this isn't the 'ghost jobs' reason. Those were all forgiven. Billions and billions of dollars companies got for free, just like the constant funneling of money into banks that is actually still going on since 2008.
Imagine being such a mess of a government, that you need a technical definition of unemployment to skew unemployment rates so you don't look worse than you already are.
Unemployment rates are categorized that way because they always have been categorized that way. They are being consistent. It's the labor market that changed so that the indicator doesn't work the way it should. Don't confuse malice with inertia.
I despise work culture now. Since the pandemic, my company doubled our workload. A lot resigned, but my company still meets what they were accomplishing pre-pandemic. They post these job openings to psycho-manipulate their current employees, a clear message that we are replaceable. As a result, we'd rather work harder.
One thing that I've been noticing lately in a lot of job requirements is the ability to lift 150 lbs by yourself. That's pretty much the average weight of the usual applicants!
A few things. I work for a company and am close to the HR people. We are laying people off right now, but have more job openings than we did in 2019 when we were hiring like crazy. Even HR doesn't understand it, and have told me that the firm has positions posted that have been renewed (reposted every 30 days) as many as 50 times. Secondly, people who are qualified, with significant job experience are getting low balled left and right for jobs. I've turned down two jobs after being recruited because I'm not willing to take 7% more to make a move. Thirdly, companies want to make it seem that they continue to grow, even when the walls are closing in. Bed bath and beyond had 97 job openings the day before they filed for bankruptcy, wework had two dozen+ openings on November 1st, and filed less than a week later. A lot of it is for appearance.
Well you think investors will not jump ship the second they think they might loose money? I don't understand why people don't look at those who "invest" and ask them to buy for life regardless of outcome?
I think that the reality is that what your talking about is not a true lay-off. They are not letting many people go without regard to their merit due to a division closing. They are going through their list, looking at the analytics and performance reviews, and FIRING the employees who they feel are worse than the talent that they could bring in from the outside. Calling it a layoff while actively hiring makes them sound stupid and contradictory. In reality, they're just being greedy jerks and that's all there is to it. Maybe instead of people calling it "layoffs" they should just say that the company is getting pickier and more cutthroat.
Companies can always find workers if they pay well. Their problem is they want workers in position they don't have to pay the market rate for. And if they can't get it, they look offshore.
H1B visas have been capped for quite a while now. At most, it's 85,000 visas a year which is nowhere near the number of skilled jobs on offer (or even the ones that are truly in offer). Blaming immigrants or immigration helps no-one.
H1B visas have been capped for quite a while now. At most, it's 85,000 visas a year which is nowhere near the number of skilled jobs on offer (or even the ones that are truly in offer). Blaming immigrants or immigration helps no-one.@@robertbeisert3315
One thing stands out as incorrect from this video. Companies absolutely CAN pay more. They choose not to, instead using that cash to enrich those in power.
Read an article talking about how hospitals in the US pay 11 million dollar bonuses per year to certain high level Admins for meeting financial goals- usually keeping expenses down, which they generally do by cutting personnel. Got in an argument with someone else about healthcare in the US, and got asked 'So where is the money supposed to come from?' My immediate answer was that cutting those bonus would be a good start. Imagine how many RNs could be pulled on if 11 million more was given to staffing.
@@aceofspades9503 healthcare-related expenses comprise something like 33% of the US's GDP and close to half the federal budget. This is not because American insulin is chemically different from Indian insulin, but because their rackets serve the narratives and agendas of those who hold the reins of power.
this happened a few weeks ago- former coworker texted me and asked about open positions where I work. I went and checked and found no positions, which didn't surprise me- its well known internally that we are on a hiring freeze. Former Coworker sent me the links they were looking at on a hiring site that had been posted 3 days ago. I checked. The positions had been filled internally 3 months before. The jobs posted on the external application site three days prior....yeah, ghost jobs. We weren't hiring.
do you by any chance know WHY your on a hiring freeze? Because its not just you, its everyone. Can they not afford new workers? Do they not want to train? Are all positions filled? Like im seriously trying so hard to understand everything right now. If anyone could break everything down that would be great!
@@gymnastkristen5824 I work for a large corporation that provides financial services. Its a company that emphasizes integrity, and genuinely does try to provide a good working environment. (try. doesn't always succeed.) Anyway, we had a 10 year period of record growth as a company. Then in 2022 we had a tougher year. The Board went into a panic mode and started to review our financing, with cost cutting measures like lay offs and a hiring freeze while projects were reviewed went into place. There actually are a number of areas the company could cut bloat and save money through improving internal processes. But Lay offs and a hiring freeze weren't the correct answer, imo. Also, imo, the panic was not warranted. We had a slightly slower year. We had also heavily invested into improvements on our internal infrastructure that year, which was part of why our costs were high. All of that was going to pay off in the next year, which should have made back our growth goals.
@@gymnastkristen5824 Why? Because hiring people is an expense, that's why. Employers hire people because there is work that needs to be done. Just because an employer can afford to hire someone does not mean they should. The work load could be temporary, seasonal, or not expected to continue, for a variety of reasons.
"People are unwilling to accept lousy salaries after being spoiled for the last three years. And companies are not willing to pay as much as they were because... they can't." I'm sorry what planet are you on? Cause over here on earth workers have been fighting tooth and nail for even tiny pay rises, and companies have been making record profits SINCE covid.
A lot of companies also run intentionally understaffed to save money. The "nobody wants to work anymore" excuse is just a manipulative way to shift all the blame on to the same people who have been applying for hundreds of jobs.
@johnpark7972 exactly. I have friends who have been applying daily with no responses, yet somehow, simultaneously, the managers of these places also claiming nobody wants to work.
@@raxcentalruthenta1456 no one with actually applicable skills apply. You would be shocked to read the hundreds of pages of lies (yes, actually false claims) that I read to fill even one position. I don't work at some sweatshop, or Amazon. The biggest risk to my team is a papercut (and we use nearly no paper), or running out of coffee. Did I mention we are 100% remote work? So yeah, I am not buying the whole "there are plenty of people with skills, willing to work" argument. Hell, we don't even drug test...
@@raxcentalruthenta1456 I experienced the same thing when I was unemployed. Applied everywhere for so called entry level jobs at places "desperate" for employees. Never heard a word. And when I did get an interview? The person I was scheduled to interview with didn't even show up for the interview THEY scheduled. What a joke! Same places are still "hiring" over a year later
I make double minimum wage, I can't afford my own car, and I can't afford an apartment without a roommate, I've looked for other jobs, but most of the opportunities either require decades of experience and a laundry list of qualifications, or they don't pay even $15 an hour, the job market can kiss my ass, why are people stealing from stores, why are things going to shit, because we literally live in a world where you can't make it being a normal person working a normal job with normal living expectations.
Consider a freight railroad job with one of the class 1s such as the Union Pacific, CSX or Norfolk Southern. You start out at around $35.00 per hour with overtime after 8 hours, get good benefits, a great pension after 30 years' service with full retirement at age 60 is so desired. But be aware that you're going to have to be available 24/7 and work in all weather extremes. Good luck!
Managers have fr became so lazy. I remember working in retail where me and my other coworkers were basically all newly hired (me being the newest) and the NEWLY HIRED EMPLOYEES were training me and NOT our two managers who would go to the back of the store, sit on their tail, and gossip!! And yet they would get mad at us for talking to each other during the job even though we were still actively working 🙄🙄🙄 Lazy, lazy, lazy...
Managers are worthless now a days. Mine was in the hospital for 2 months and me and the lead tech just did our normal thing. It made absolutely no difference. Except he makes over twice as much as me over 100k a year. Insane
I think part of the problem might be pay. The “I don’t get paid enough to care about this” but need to look like they’re doing something so the people below them get told off.
It’s funny you say that because I actually got fired from my last management job for trying to get the workers to actually WORK. I wasnt letting them be lazy and sit around and they kept reporting until they decided to go in a different direction. Despite me being overqualified for even that job. I was unwilling to allow workers to steal money from the company and just wait around doing nothing and that got me fired. I learned a valuable lesson that day. Dont try to save everyone else.
I worked for a company that would have over a hundred job openings listed on their own website. But we’d try to get friends hired and they would never get a response from HR. Turns out the company just wanted to run the company with the smallest labor cost possible. Telling the overworked employees “ just hang in there, we’re trying to hire more people, look at all the openings we have listed.” But all we ever heard from people looking for a job was that they never got a response.
Spoiled with high wages? Um, where I live the average cost of renting an apartment or house has jumped from $800 to $1200 per month, in the past 3 years. Houses have increased by 50% and groceries have doubled in cost. New phones are $1000 and up. Cars are designed to fall apart as soon as the warranty runs out. In fact EVERYTHING we buy, including those $1000 phones is designed to fail after only a couple years, so you constantly have to buy replacements. The problem is that companies have become a vehicle for generating insane levels of wealth for those at the top by keeping wages as low as possible and finding new and creative ways to milk the middle class and those at the bottom out of even more money.
Lol, I have a Walmart phone. You are judgmental and defending the corporate exploitation of the American people by greedy companies. American has been brainwashed for decades in the sanctity of “Capitalism”. And by “Capitalism” they don’t really mean a competitive marketplace. “Capitalism” in America means more freedom for companies to exploit their customers and employees. Generally by using political influence to strip away regulations that protect consumers and employees and creating regulations that limit the rights of consumers and employees. What is even worse is that those same corporate shills who are screaming for deregulating businesses are also throwing vast sums of money into inflaming public opinions on social issues and using them as red herrings to keep us constantly fighting with each other over those topics. If a company has a good quarter and profits go up by $2 billion… Executives vote themselves $100 million in bonuses. The 200 other employees who did all the work and make $15/hr get a pizza party. THAT is the problem in this country. It’s not “socialism” to demand companies share profits more equitably among their employees. No one is getting a “free ride”. A paradigm shift needs to happen in this country where a company’s success is determined not just by how profitable they are but by how much the lowest paid employees are making. Sure, maybe that poor executive is now only making $10 million a year instead of $500 million a year. But every one of his employees is making between $100,000 and $1,000,000 a year. And at NO extra cost to the company. You want to see our economy absolutely explode into high gear… do that at EVERY company.
@@woodsghost9088 And why aren’t we hearing about company executives being “spoiled with high wages”? A real easy solution to the problem is to change the minimum wage law. Instead of being a fixed amount of money, make it a ratio based on the highest paid employees. Something like 1:100. CEO’s are not essential to a company’s operations. The people that keep restroom clean and sanitary; the IT people; heavy equipment drivers… the employees that do their jobs well and efficiently are FAR more important than a CEO that spends half his time on a golf course or taking cruises. So, you’re a CEO, you make $5 million a year and you want to make $10 million? Build up that company so that you can afford to pay the janitor $100,000/year. Then you get your $10 million.
@@robertstrawser1426 I've run a lot of ideas through my head and I think the "Executives are capped at a multiple of the lowest paid workers" makes the most sense. But it can be easily got around. For example, use all contractors. You don't need to pay them any benefits, they have reduced protections, and their wages don't count towards the bottom of the salary range. Or make everything gig work. The way you deal with things is you make the individual labourer more valuable. Which means you restrict the number of labourers. Which is what happened with Unions and why they were effective. And Capital Owners imported strike breakers. Then the most successful Unions dealt with the strike breakers. So now we see wages in the US plunging. Because Capital Owners got tired of paying high wages and decided to expand the Labour pool. No minimum wage law will fix any of this. You have to deal with the imported strike breakers. Or accept a growing wage disparity. Your choice. I know what I'm choosing.
@@woodsghost9088 All good points. Obviously to make a minimum wage based on multiples work it would require some measures to take into account contractors and hiring out “gig” work, but companies already do that to avoid benefits. I think a positive side effect would be that it would be detrimental to massively large corporations and beneficial to small and midsized to large businesses. It would give smaller family-owned businesses a huge advantage over big box corporations like Walmart, Home Depot, etc… which is something this country desperately needs and would create tremendous opportunities for smaller businesses. I don’t think the pushback from Capital holders would be that bad for 2 reasons. Firstly, you’re not actually cutting into the profit margin, (like the current minimum wage does) you’re giving them a choice between protecting outlandish executive salaries or dropping those salaries to pay their employees better, which will make their job offers far more attractive. Now companies get to pick and choose the best job candidates rather than struggle to find anyone willing to work a crummy job for a non-livable wage. Secondly, it pushes a more efficient business model. Far greater employee loyalty and retention. Less investment in hiring and training new employees. You have less need for a bloated upper and middle management structure because you have employees that stay long term and value their job. They don’t need constant supervision. It encourages a more streamlined structure. This would also not directly contribute to inflation because you can still afford to produce the same goods at the same cost. But it would vastly increase the population with extra disposable income, which would potentially increase sales dramatically for all businesses. It’s not perfect, but I think it’s far better than what we’re currently doing.
I was rejected for positions with job descriptions that basically looked like my resume but with my name taken off, and one or two points of experience short. I was eventually selected for one that basically matched my oddly specific combination of skills, and the manager admitted he didn't want to go through the trouble of training new hires. Ridiculous.
Im graduating with a degree in software engineering in a few weeks. I follow the 80% rule where you only apply to jobs where 80% of your resume matches the skills and job requirements. I also have had multiple internships, a few notable projects, 2 years of relevant experience, a relatively impressive resume, and I am still getting turned away from every "Entry level role" Its depressing, every rejection letter goes like, "Although you have a very impressive resume, we decided not to move forward with you"
@@TrekStar11 I have 8-9 years of industry experience if we don't count the years I was studying. I got hired as I wrote my last exams for my first job without a proper interview due to being a top performer in uni. Only ever did 2 interviews after that where the first one I was referred be a former colleague but didn't really want the position as I was happy in my role at the time, and the second one I really liked the company and benefits offered and just applied as a shot in the dark and landed an interview and got hired. At the end of last year I was let go due to the financial difficulty in the company, so this is the first time I've had to do a job search in earnest, and I've had a shockingly similar experience to you. I get lots of recruiters periodically spamming me on linkedin and lots of positive but ultimately fruitless responses to the job applications that I do eventually end up getting responses to, but I haven't landed a single interview that wasn't with an external recruiter, even for jobs where people who know and have worked with me have tried to refer me in.
@@TrekStar11 I worked at AT&T and they appeared to only hire from India for software engineering roles. That's all I saw in the department. Everyone was on a visa. I then worked for two smaller tech firms and it was the same thing. I saw no Americans. All of the workers were from India, Africa, etc.and they were all on Visas. These companies are intentionally not hiring American trained software engineers.
To hell with the pay. What about communication and honesty? Get your priorities straight. Besides, profit suffers when reputation does. Good or bad honesty will always be honest. An honest reputation can be why hostages remain alive when a tyrant gives their word. Once you lose an honest reputation though then it's very hard to bounce back from that. Make sure the companies realize that somehow. Their self image is what they're concerned about. Use that to your own advantage.
Reasons : 1. Experience required for entry level positions which is the dumbest contradiction ever. 2. Lousy pay for work put in. 3. Many of the good jobs are in high cost of living areas which means you need a long commute or be prepared to never having any savings.
Not even just entry level jobs but internships as well. There’s almost no way to start from ground zero even if you’re committed to learning and improving.
@@Window4503I saw a job offering that stated that internships were not experience. I guess some higher ups are so used to not training their interns that they don't see any experience in the time. Imagine dealing with that crap for months with no pay, just to be told that it's not counted.
Yeah which is why it makes NO sense to keep low balling people. We cannot even afford to live with the minimum wage. Pay more, create a happier workforce, therefore leading to more productive labor.
Shame californias inflation also matched the minimum wage because that's how that works. Maybe if they werent doing so much stupidity all the time and lowered taxes a bit they'd be alright. I mean between the fed and cali their net tax rate is over 50%. So out of that 25/hr they still actually work for roughly 12.50, just with extra steps.
"Great for companies that want loyal workers." Loyalty is based on trust. Companies want employees who are afraid to leave, not loyal enough to stay. They want hostages. And people think it's the workers who are spoiled?
Asking to have the lifestyle and income you had 5 years ago isn't spoiled. It's called common sense. If your company doubled it's value in the 'hard' times, there's no reason to expect your standard of living to slide back.
Ironically enough, (at least in America) the economy is doing pretty well but it feels like the economy is going to ruin to the average person because workers are underpaid while groceries and rent keep getting more and more expensive.
@@genericcatgirlyes and no. Only around 50% of America is over that threshold, including all ages. When you think about it, that's incredibly bad. This country is reaching a boiling point and fast.
@@genericcatgirlIt's gotten to the point where buying a house far from town and accepting a longer commute is a cheaper option than renting. My rent went up by $200/mo this last year for nothing. "Adjusting to market rates", bullshit.
@@genericcatgirlthat's exactly right. They're looking to fragment and destroy full time work so we are all gig worker cogs living precarious lives. I can't take this shit anymore.
This is not only an issue in the US, it's the same here in EU as well. Companies demand a ton even for junior positions, but they don't want to train people or pay a proper salary or benefits either. It's a fricking joke.
@@Liitebulb "job for high school leaver, must have 30 years industry experience". Or a personal favourite from Twitter, company advertises for 5 years experience in a particular programming language, the creator responds "I only released it 4 years ago".
Same in Latin America. No training, recently in México the government had to fund a program to pay for the training of young workers (18 to 29 years old) as companies are unwilling to do It.
They were doing that already offshoring isn’t exactly new. We’re all going to be replaced by ai anyway in the end will that set us free or will we become the chattel of the bot owners? I think we sadly know the answer.
r/dodgedthatbullet ... I always knew it was a scam. Always. The minute those college turds started harassing me, telling me they "Will help me choose a career," I knew flat out what they were after.
People want jobs they just don't want: To have to kiss ass all day with plastic co-workers, and be expected to joint their cliques or get gossiped out of your job To get paid so little they cant do anything but live in their car. To be promised a vacation that they're never allowed to take To be paid late for any of 10,000 excuses To be expected to work 7 days or be considered a loser that doesn't care about 'the team', people need time off, period. To be called in while spending time with family on a scheduled day off To work for 8 hours with no breaks or food. Yes, that's real. To be cheated into doing someone else's job, just because they're new and technically can't say anything ...yet. To wait 15 days for a paycheck To be told how replaceable they are every 5 minutes To have an economic gun to their head saying "DO IT, OR STARVE AND FREEZE TO DEATH" You can say this is just how the world is, but that won't make any of this more right..or sustainable. So, if it's not sustainable enough to make a meaningful difference in your life, then (and I know employers won't understand this) WHY TAKE THE JOB IN THE FIRST PLACE. Just because I'll starve to death if I don't? That's all the motivation you have?..nah I'd rather starve quick than have my soul starve slowly over 40 years of working for you. Thanks.
I have suffered with this strange phenomena of companies who are “desperate” for workers, but then treating each and every new hire as the most disposable piece of trash. Have even had companies reach out and ask me to come back or why did I leave? Ummm because the insults and death threats were not something I am willing to take on for a paycheck. 🤦🏾♀️
"companies who are “desperate” for workers, but then treating each and every new hire as the most disposable piece of trash" -- I'm in exactly such a job right now, minus the death threats. On paper, I love my job, and it would be perfect if I got more hours. But as it stands, I'm a part-timer with a degree who is expected to basically squeeze 25% more work into the paid time I'm given (no overtime), and I'm treated like a unpopular intern. Several departments constantly have "little side tasks" for me, and whenever I decline because I simply don't have the time, they get mad at me rather than sorting out a workable schedule. Gawd I hate this brave new world.
im so dead serious I had applied to nordstrom 5 years ago, keep in mind I have had 2 jobs since then, and they just reached out to me for an interview. LIKE HUH???? I APPLIED TO YOU FIVEEEE YEARS AGO. I DONT EVEN LIVE THERE ANYMORE😭
@@naefaren3515 well, I have a statute of limitations… I'd rather file a report once I move, and I'm no longer at the address that they have on file you feel me
I'm telling you we're headed to 100k a yr being the minimum income in this country. Shit is becoming too expensive and the dollar is worth less and less. It's absurd how the more you make the less it's worth. Even saving money is stupid you NEED to gamble (I mean invest) just to make it worth.
@@BeyondAIR15that's how it already is here in the Bay Area. My girlfriend and I both make around 100k and it's really the bare minimum for somewhat comfortable living here. And fuck if we'll ever be able to buy a god damn house here. Houses keep going on sale in our neighborhood for a minimum of $1.2 million, and those are tiny, old, broken down houses. This just happens to be where all the cool jobs are too
When you treat workers like they are a paper cup which can be thrown away; when you have no basic respect for a human being; when all of corporate America really just wants a slave workforce.
So me wanting to end the 2 years of homelessness and hunger while dealing with increasing costs of food, shelter, gas, tuition, etc is being considered “spoiled”?
There are three reasons I've found myself while looking for a job: 1. most jobs that are open are low quality low paying jobs, but quality is not taken into account with stats 2. a lot of companies are looking for the perfect employee and aren't willing to settle for 99% perfect 3. a lot of job openings are fake and just out there to sample the pool of employees
Some job adverts are for fishing for CVs so the agencies that place them can headhunt Great point about low quality jobs. I'm unemployed and recently applied for a job that pays £3000 less than I used to earn over a year ago. The actual job description is quite a good match to my skills and experience so would be far better than being unemployed but the salary decrease is a bummer Ime companies simply don't train people even when in the job!
Also add in the fact that jobs that are available may not be in the area where unemployment is higher.When a small company closes in a rural area, it’s sometimes the largest employer in town or county. Those people can’t just up and move hundreds of miles for a new job in a city that cost twice as much. And still make the same wage. I’m not even going to mention the people who will never be employed because they’re unemployable for any manner of reasons.
It strangely feels like employers and companies have become like the dating market on social apps... Always hunting for the top 10% while giving no effort themselves.
Applied to over 170 job listing over the past few months, from manufacturing to service. Got two interviews and in both they didnt even pretend they were listening or cared and never called back. No clue what people are meant to do anymore. Almost everyone ive spoke to about this says similar so I dont think I am alone in this.
It isn't just you. I've been looking for months now and there's really nothing out there unless you want to drive on the interstate every day or flip burgers.
I was like you when I first started, so I lied about experience to get an entry level job, I learnt on the job and did well. Also never got caught. But you gotta know what you’re doing for this to work. I don’t feel guilty at all for lying. Gotta do what you need to do to survive, and if companies will be unfair and unreasonable, then I will play dirty and cheat as well, and they have no right to complain.
If people far more skilled than I am are having a hard time finding a job judging by the comments then it's hard not to feel like there's no hope for people like me who are just trying to start their careers in the first place, at one point I was so depressed by the requirements most postings required that I just gave up for a while and now I have to deal with the resume gaps I have while figuring out what to do next. AI will probably make this worse and I wouldn't be surprised if the people benefiting from that don't care at all that a lot of us might end up in the streets and starving to death because of it.
@@monus782YES! I hope your doing okay. I am in the same boat as you right now. All we can do is wait for something to happen im assuming. I really dont know at this point anymore. No one has answers for anything. Most people are saying we are going into another silent depression and they havent said anything because they dont want anyone to panic. Its whack. I dont know how we are supposed to do anything rn. Everyone is barely living or is starting to see the struggle no matter what class or income you make.
There may be a 4th reason for ghost job listings that's batsh*t insane and disrespectful: I work at a large fortune 100 financial services company and recently found out that in order to promote anyone, a job position needs to be opened for the role, and their manager needs to interview and compare applicants to the internal candidate. This means they either avoid promoting altogether due to very limited time, or they promote after doing half-hearted interviews that they don't really intend to go anywhere unless the candidate is truly exceptional, in which case they'd just gather the data for a future real position. Either way it adds friction to promotion to suppress wages, and gathers data as a bonus. Don't know if this is universal, but I would not be surprised given how much large companies like to copy management strategies indirectly by consulting agencies.
I'm in the UK and I believe that some government jobs have to be advertised for external candidates even though they have someone lined up internally as a shoe in
Yeah, if you’re a manager and want to promote someone there’s no way in the world you’re going to go with the external applicant. Not only are you rolling the dice on an unknown outsider over someone on your team who’s doing a good job, but you’re practically begging for a toxic team and turnover when one person feels slighted and the other is the “F-ing new person”.
@@skyblazeeternoI can personally confirm for the California State Universities, they do this. Found a job posting while looking for on campus jobs that fit a professor of mine's resume and then they announced his promotion like a week later. The requirements also seemed oddly specific like 10 years teaching at California State University. Not teaching IN GENERAL, but teaching within the specifc university system.
Exact same thing applies to universities. They know who to hire already, from within or outside, but must post a JD in the usual places knowing that all candidates will be automatically tossed. I personally know someone with magic powers who cheated that system and was given a job at a major university, but for almost everyone else, it'll be a time wasting slog through many ghost jobs of type #4.
I was at a job fair last year and the kid that was interviewed beside me had 7 jobs in 2023, I heard the guy ask him why he didn’t include an education section on his resume which he replied he didn’t go to college, the interviewer told him he needs to put his HS information at least but anyways they had a job offer for him. Me on the other hand had the same job for 19 years and I went to school and they turned me away. It was a real eye opener. Im still looking over 4,000 applications later.
Learn from him what works. Leave out your degree. It is often a red flag suggesting you have debt so may not stick around when you realize you are underpaid due to 5M new grads flooding the job market each year. Blue collar is always hiring if you don't look too fancy.
When i was a teenager starting my first coffee shop job my dad told me, keep you expectations from the emoyer realistic, good companies dont hire, they keep their experienced employees with good pay.. Its a simple yet very good advice, to this i added, work as much as they pay, deadlines more often than not are not serious, especially for teams who lost people recently, which is the standard in tech where i work
Double emphasis on Deadlines not being serious. Deadlines can almost always be pushed back- if someone in a corporate world is trying to get you to work harder or faster to meet a deadline, the correct answer is to tell them to sod off. Politely and professionally, of course.
@@aceofspades9503 if deadlines were so serious, we wouldn't have days filled with useless meetings where we hsve to scratch c-level balls for hours per day where no work gets done, if you want to know the progress we did, you can check our chats/folders/emails/intranet boards, ask our managers/directors/heads or ask us directly, any of these methods would allow more time for us individually to be more productive but then you wouldn't have the all hands meetings where we pretend to like you just how you pretend to know what we are working on.
This a big problem in New Zealand and Australia. I was talking to a friend about this a few weeks ago. Her company lists jobs on external sites, and the job descriptions list in-house software skills as an essential requirement, even though you have to have worked for the company to have used their in-house software. Basically, they're just trying to make it look like the company is growing and needs more employees when it doesn't. If I apply for a job I'm fully qualified for and they mess me around, I refuse to buy products from that company again. We have to start boycotting companies that mess people around so they learn to treat people better.
Or they are willing to accept someone who is "underqualified" and use that as a negotiating tactic to drop the starting pay. "You'll get a raise once you get experience with the software" but the raise never comes through.
I've had many job interviews just in 2023, and judging by how the interview process went and all the research I've done, these employers are just wasting your time on purpose. If your interview is just a few people with a clipboard in a conference room, then they are not there to hire you. If someone was truly giving you a real interview, then it would only be one person ready to fill the paperwork to hire you. Some employers will have a computer ready on your first day with several other people in the same room, and that is another sign that you're already hired. The normal hiring process is just you and an HR person in an office room that pretty much means you're hired. If you see a group with a clipboard or just give you a million questions, then leave. All these employers have adapted bad hiring practices that leave millions jobless, and it's getting worse. It is increasing homelessness. There are also videos on RUclips that are saying these companies are doing this on purpose to purposely increase unemployment, which is a bad sign that we're screwed.
And of course I’ve heard over and over again how resume gaps longer than a couple of months will make you unhirable so maybe that’s another reason they’re wasting people’s time on purpose, but what benefit do they get by throwing millions into unemployment and ultimately homelessness though?
@@monus782I thinks it just a side affect of practoce not the intent. They refuse to train you so unless you teach yourself or was able to get an internship, you will not get the job. I am at the point of just deleted my resume and creating my own company. Tech is actually tough to get in even with a 4 year degree. It comes down to knowng a guy or gal in tech or compete with the job you want and once you have money, hire people you train to break to cycle.
I would have agreed with you, and it may be true in general. But the job I was hired for this time had a ridiculous process of interviewing multiple times with different levels of people, and the delays were annoying and pointless, and onboarding was a chore. But it was a real job. I think the legit hiring is taking a cue from the appearance of the fraudulent hiring. If a big company does something, everybody feels like they have to start doing it.
@@monus782 Maybe they don't need a purpose? Or maybe the purpose is not something that makes sense to me and you. HR people might need to be constantly busy to keep THEIR jobs, for example.
I'm 33, and have been looking for a job for about 3 years, doing small projects and living with my parents to keep from being homeless. I am sick of them saying "Everyone is hiring, when over half the ads are made by ai, overbooked positions, or things I'm not qualified to apply for. There are no jobs, especially in the rural area I live in. My last intwerview, they canceled all interviews that day, and the store looked pretty well staffed already. This helps understand why.
@@wiimooden so they will cut your wage when the company is in the low but not rise up when they at the high. Why not just ad a company performance bonus?
I remember applying to some jobs like 1-2 years ago, getting a rejection or hearing nothing back, then going and seeing that those job openings are STILL open. I'm just like "is it even a real job? Has this job just been sitting open for years now? Is it always open". It's like being in a Kafka novel sometimes.
The premise of the video title is wrong: companies are not desperate for workers, they are desperate for CHEAP workers. They want to continue their exploitation of the labour market and are abjectly refusing to do the simple thing and pay people for what they're worth.
Don't you think the market does a pretty good job of determining what people are worth? Also, why are you blaming companies? The liquidity injections by the federal reserve - and the insane stimulus packages from the federal government - spurred inflation and created a labor bubble that companies are currently hurting from. I'm not saying they're innocents, but they're also just responding to market conditions created by the regime. Also, US dollar hegemony is arguably coming to a slow end here if you look at the situation with the SAUDIs and the BRICs progress - which will further reduce US standard of living. You can't just boil down these complex situations into "companies exploit, ye muh marxist philosophy"
@@michaelheyn2484 You got a very non-subtle way of not being able to entertain multiple truths at the same time; I can point out capitalist exploitation without simultaneously advocating for Communist ideals. "The market" Is composed of private companies, which first and foremost exist to make profit for their owners, executives and when it comes to publicly traded companies, shareholders. Evidently, the value of labour is as low as it takes to retain that labour. Workers' perspectives on their wages, their happiness, their quality of life and what they can buy with their wages are all multiple levels of priority lower for the business than their bottom line. So in the end, the market has been doing a fantastic job of making money for those at the top. That is what it was fundamentally designed to do in a system that chooses to forego some key reasonable regulation (eg. far lower capital gains and corporate taxes than individual income tax) and worker protections.
@@michaelheyn2484 _"Don't you think the market does a pretty good job of determining what people are worth?"_ *No.* For many reasons, not the least of which is that companies play "hide the ball" with information and actively discourage workers from revealing information like wages & salaries. In addition to the general cultural tradition of frowning upon discussion of such topics. Business have much greater access to compensation info than private individuals do. They won't even reveal what an advertised job pays!
@@michaelheyn2484as a staunch capitalist the market is generally great for many things, and I’m not advocating for any government reach when I say these business owners will spare any extra expense they can and american business owners/managers/HR are clueless and entitled af. You don’t need to be a marxist to understand that business owners will pay you as little as they possibly can in america.
I know of companies (not mentioned here) that are advertizing hundreds of job openings, yet have hiring freezes in place--and when people leave--they are not being replaced. When I was looking a few years ago, I also had MLM insurance co.s, car industry, and "social media marketing" jobs call me for interviews. None of these were full-time hourly, or even salaried positions--commission based only--which is not really a "job."
Honestly a lot of these problems seem to stem from practices that are definitely shadey, underhanded, and unethical being allowed to just... happen when a lot of them sound like they should absolutely be counted as some kind of fraud. There needs to be regulation, auditing, and enforcement to stem this flow, because the truth of the matter is there's very little that'll naturally change this trend on its own.
Capitalism is a good system in theory. When it's allowed to run with no guard rails it leads to unethical behavior because that's what is most profitable. Over time companies do what ever they can get away with. The people at the top are there because they are the worst kind of people that have no problem exploiting others. Just look at who we hold up as heroes in the last 20 years. The system needs an overhaul but the people at the top are smart enough to create endless distractions through lies and misinformation to prevent the lower classes from working together. It's evil and brilliant at the same time.
Yea I’m tired of capitalists having control over our lives like this. They’re playing games with our lives and we’re told we have to just accept it. F THAT! We need a new economy system that actually works for the people and doesn’t allow private individuals to play games with millions of people’s lives
Google “Worker Opportunity Tax Credit”. This is a tax credit that basically pays a company up to $10,000 to hire workers from certain eligible groups. The issue is that the company can fire the worker after a few months than hire someone else for a reduced tax credit. If you’re a company with thousands of workers you can make a nice profit just by hiring and firing throughout the year.
How? We already forbid hiring foreigners to fill positions unless no one local is qualified, and all that does is incentivize them to make ridiculous demands so that they can hire a liar from overseas.
Legality? LoL these job boards could be raking BANK on these ghost posts. Charge them on longevity of posts, past 2 weeks, increase the cost by double per week
Even if you made it illegal, the burden of proof is still on the prosecution to prove the position was a ghost job, and they’d need reasonable suspicion that the job was fake to get a warrant. There’s a 0% chance that someone is going to sell a judge on the idea that a business is actually posting fake jobs unless they’ve already received a tip-off that it’s occurring from a whistleblower, which means very, VERY few companies would ever get prosecuted.
@@cpK054L Nah, "the free market will save us" is a joke. Upping the rates on job listings for companies that have BILLIONS of dollars is a losing strategy no matter how you slice it. You could hike the cost of keeping the listing up by 3000% after 2 weeks and it'd still be a drop in the bucket to these guys.
As a laid off worker I'm feeling this too. What I find appaling is the number of jobs (skilled jobs) that requires a long list of skills plus post graduate degrees that then pay $15 an hour. These unscrupulous companies do this because in order to get a foreign worker on a H1B visa they need to prove to immigration that no-one in America can do the job by advertising the open position for a month. This happens so often in the tech industry.
Sorry to break it to you, but this is deliberate and by design so the company has plausible deniability when it claims it can't find qualified applicants.
Same thing is now happening even in agriculture (for Jobs commonly done by Americans that is, not just stoop labor in crops where the workers are almost all migrants) since there is an agricultural guest worker program.
It is happening here in NJ with the public schools. For years they have tried to get around the NJ residency requirement by saying they couldn't find a qualified applicant when they posted for it (this was true in a handful of cases where they needed say a science teacher or special education teacher) and wanted to conveniently hire their friend/family member who lived in PA. The state started requiring that the school admins turn over the application pool to prove they couldn't find anyone well a regular elementary classroom teacher posting would get up to 500 applicants or more and a state senator called out an admin saying, "I am just browsing through some of these 500 applicants credentials and I am already seeing within the first 20 or so at least a dozen applicants who match the requirements. Are honestly telling me that you screened and interviewed among this 500 applicants and couldn't find one candidate that worked? I don't believe it." Now the NJ public schools are saying they can't get teachers to say (things have gotten worse since covid) and want to hire college students. The real reason is so they can pay them less money. I went to graduate school to get my teaching credentials and many districts told me to my face they didn't want to hire me because they would have to pay me more (in some cases it was less than 10% more than someone who had only a 4 year degree). It's all about getting cheap labor so the admins can line their own pockets. They can't afford to get supplies for classroom teachers like pencils or papers but they will hire a friend or relative for some bs job that pays 100k or more a year.
Companies are getting more and more crazy. They either want to underpay overqualified candidate or they do not want to give any job with people with no experience
The bit about people working for two years then quitting to find better paying work is literally what I’m going through right now. I got a degree from college that taught me literally nothing relevant to field of work I’m in. Learned so much within five months at work compared to five years at school. Now that I have two years of experience under my belt, I can confidently go to another office that would pay me more while working less. It’s a blessing because I can finally leave a town I’ve been trapped in for so long. If your boss has the boomer mentality of expecting loyalty until you die with a shitty wage in this economy, remember you don’t owe them anything and should look out for #1.
after applying for 100s of remote jobs and not getting any interviews even though I am qualified I started to wonder if they were just stealing my information . Checks out that is true
that's very smart thinking, because if they acquire enough personal information from enough applicants, they can package it up and sell it as a chunk to marketing companies for big bucks. If that's not illegal, it should be. No one else in the comments has mentioned this!
we weren't being "spoiled". we were being paid what we deserve and now we refuse to accept less bc companies have proven to us they *can* afford to pay us that much. they just don't want to
7:04 companies can MOST DEFINITELY pay higher wages, and the cost of living has gone up alarmingly high, so its not being spoiled, its a paycheck that can actually support a person
I think the biggest problem is how much tax employers and we have too pay! I recently moved to an area that has super low welfare, so employers here can also pay next to nothing because they know people either work for little or starve to death....makes the decision easy, work 10 hours a day to barely eat or literally starve, good luck if you also have to pay rent.
I’m 21 and I’ve been trying to find a job for almost a full year. Honestly feels like a waste of time at this point! I’ve started my own small business in the mean time for money, getting certifications as well. Yet everyone older than me said “you can switch your job easy!” “You’re young so you’ll get hired fast.” That was not the cast….at all! This has been the most annoying and difficult year of my life…
I'm 21, too, but I'm currently doing an internship while studying to get my degree (finals years of college). Even tho is just an internship, Jesus, the amount of stress I'm going through because I'm sacrificing everything to do a good job, TO KEEP MY ONLY JOB, I'm going crazy. Seriously, this should be just an internship. They are stressing me out like if this was a real job! Fml, I'm even doing extra time without the extra paycheck because it is just an internship... being jobless suck but being employed also sucks, I just and to die
One thing you failed to mention is that these companies are intentionally appearing to hire to appease the current employees complaining about being overworked/needing more help. If the company appears to be searching for help for current employees it keeps the current employees from complaining short-term and more easily exploitable until said employees catch onto this game that employers are playing.
The videos are packed with good info and go fast, it can be easy to miss but if he made them longer or slowed down it might not be as interesting to some, it's a balancing game...
We've already caught onto it, but for some reason they keep doing it anyway. Maybe it makes the hiring manager feel better. Even if overworked, stressed-out workers still aren't going to quit until they A) find a better job, or B) are in a good spot financially. With this in mind, I'm not even sure why employers bother playing the game. Why expend the effort?
I can confirm, I have been having the absolute WORST time that I have ever had, by thousands of longshots, finding a job this year. It's been ridiculous. I feel like I've been scammed at some points, ignored at other points, and when I do find one, for some reason it takes weeks to get anything accomplished, and sometimes it ends up not working out and I don't get hired. -_- I dunno what the heck is going on, but things need to get better.
@@myronbourne6937 Yeah, about that... I just got denied a job, after working with a recruiter for two weeks, because of my credit score. >.< Just because I owe credit cards lots of money, because of COVID btw, I don't see what that has to do with my work ethics. They didn't even ask me why I owe, they just denied me. >.< COVID marred my life. I couldn't get a job anywhere for almost 2 years because of it and I had to use my credit cards to pay my rent and bills, and now since I owe so much money, I can't get a job?! Witaf is going on nowadays? I hope this doesn't mean I'm unhireable. Is this one reason why so many companies and staffing agencies were giving me the runaround all year? This has literally never happened to me before COVID. Something terrible is going on and something needs to change, quick. No matter what, I still got rent and bills to pay.
Having a job they want you for just disappear means they offered the job to someone else, but if they turn it down they can offer it to you … unless they did that to other people also. So if it disappears the first person accepted it.
@@fredworthmn If the job was taken, they usually let me know. Several people have ghosted me this year though, saying that they had a job for me, and were waiting on confirmation from the company's HR on that job, and they kept saying they're waiting, and waiting, and waiting, and they finally stopped responding to my texts or emails. Then there was the remote job I applied for earlier this year, went through a whole interview process, and they told me they were going to mail me the equipment I needed to start the job. That equipment never arrived, and when I tried to talk to the person I had the interview with, they ghosted me. I never heard from them again. >.< Idk what some of these people are trying to pull, but it's super frustrating. It all felt like a scam or something.
Last year 2023 was my worst year. I was jobless for months and nobody wanted to hire me. I was from seasonal 2 month jobs every now and then but managed to make it throughout the year with unemployment. I've been working for years and never had such difficulty finding a job as today. I asked around friends and some coworkers about it and they also were struggling to find a job. I don't know what's going on but it seems it's just getting worse.
I work for a company that claims to love “promoting from within” I’m apparently one of few people who have worked for this company longer than 2 years, I’ve seen SOOO many people come and go, dozens, a few get fired, most quit after they experience the BS that this company engages in, I won’t go into specifics but suffice to say the level of chaos in this company is just not necessary
@@servalferretraficante4016 Nope, but does it matter? Too many corporations in America and the world LOVE to preach "one big happy family" BS and "promote from within" nonsense and not deliver, it's just bait to get you in and fuck you over
In the 70s we had good paying industrial ,union jobs but Mr. Ronald Reagan thought that we should export this work and become a "service economy", well how did that work out?
And then Mr. Bill Clinton signed NAFTA that outsourced the majority of these jobs overseas and lied and told the public, don't worry other good jobs will replace those. That never happened.
That’s what happened to Dayton when W was in office. All our manufacturing left and was replaced by malls and restaurants. Then so many people were leaving the city became dependent on illegals to try and fill the loss of income. Complete clown show.
I applied to dozens of jobs when I became an adult, and dozens more a couple years ago. I've worked for myself the entire time because finding jobs is just impossible. They don't even respond to tell you "No.". It's ridiculous.
I applied to over 1,000 jobs last year and finally got one. Some jobs said they had over 1,000 applicants. I applied to one job and had several interviews for a company. Months later I was talking to the CEO (it’s a small company and he was the biggest salesman) about how they didn’t hire me, he said they were never hiring.
Hiring managers can be ENTIRELY brainless too. I heard of a job for programming in a certain code, likely something to do with apps. They wanted 5 YEARS experience. The language was only developed 2 YEARS AGO. I saw an ad myself looking for something with 5 years experience MAKING SANDWICHES before you could get the lunchlady job.
@@pramod8838 Or it's that BS managers like to do where they have 100 people in a room and add up all their experience and say "We have 150 years of experience in this room!". It ignores that the first part of your experience is largely learning the same basic things everyone else does. There's too much overlap. It's pointless.
I applied for a job a a school because it was listed. When I inquired about my application, they said they weren't filling the position, just posting in case they ever need a person for that role. Waste of time.
The advantage of having a job over risking having your own business was the stability. We never know when the next massive lay-off is happening. Salaries are decreasing instead of raising, and that if you can keep/find a job in the first place. Companies are forcing us to open our own business for the lack of a viable alternative...
It is fascinating how some of those job posting practices are not considered illegal, given how they are used among other things to mislead investors, which makes sound suspiciously similar to cooking the books.
"Why can nobody find a job?" TL;DR: Companies are evil. As someone who has been at the same job for four years now, and is relatively happy and comfortable with my work, knowing I ABSOLUTELY have to find a new job or I'll be left behind financially is incredibly unpleasant. Job hunting isn't fun, interviewing is stressful, training for a new position sucks, getting used to the social dynamics can be challenging, and having to change up your commute and daily routines is tiring. I gotta say, I really hate this new trend of "we don't reward loyal employees anymore".
Almost 33 years of loyalty and hard work, and I got kicked in the teeth by my employer so hard it broke me psychologically. I wish that was an exaggeration. My counselor (whose husband works for the same company in another location) straight up told me "You have PTSD." I was like "No way, that's only for veterans and trauma victims" but at the same time I was like "That explains a lot." She says it wasn't this last incident, but the last three decades of mistreatment. "Dripping water wears away stone." Only reason I didn't bail a dozen times over was health insurance. Not just immediately, but if I quit one day before retirement, then I got no health insurance post-retirement./
The application for the programmer to have longer experience with the program than the creator is one of the earliest ghost jobs. Not even the programmer who made the program had the experience since it was recently released. And only because making the program doesn't always mean the programmer remember how everything works.
@@eskaban_edits_beats_and_more Well productivity, innovation and hard work is how the human race got so advanced as a species. But employers treating their workers like crap is wrong I agree but other than that the world wouldn't be advanced nor humanity if people didn't want to work hard for something.
This is just another case of if those who always eat first(The shareholders) aren't happy, then no one else gets to be happy either. I say this all the time at my job and quite loudly in fact. There aren't really any companies anymore that give a damn about their employees, they're just beholden to their almighty shareholders and the stock price. Just more grade A, organically grown, grass fed, free range, top notch bullshit.
To add another layer to that, not only do companies not care about their employees, but they also don't care about their customers. Like you said, only the shareholders matter.
Companies need to focus on their products and profitability again. Instead they make wild decisions to spike their stock values temporarily and they ruin the economy
Agreed. I have had many jobs, some for multinational mega corporations and some literal mom and pop shops. There is exponentially more bullshit with mega corps, the bigger the company the more Bullshit. The trade off is that the benefits are usually better. My last job working for a very small local company was great. I received bigger raises more frequently and as the company grew the benefits became better and better.
It's all about getting the wealthy more wealthy... so they have so much money they wouldn't be able to spend it in 1000 lifetimes. What a great system to be apart of... so glad I get to help these people achieve their dreams.
Shareholders don't even really eat, most companies don't issue a dividend. So how do shareholders eat? When a company does well that doesn't necessarily mean the stock will go up.
How the hell did companies over hire during the pandemic? Everyone I know got put on skeleton crews with 20-30% of the work force being removed and we all got fed a line about how they were looking for people, positions were open, and mysteriously nobody got hired. Oh, and they posted record profits. I'd say we have about another 2 years of businesses running on skeleton crews start to have heaps of unexpected costs due to things not being done properly. (Maybe things like airplanes failing, a lot.)
Those "we created 400,000 jobs last month!" announcements never ring true to me. It's all smoke and mirrors and based on self reporting. A job isn't created if it doesn't really exist or is never meant to be filled.
This is a very underrated comment, and I hope this gets more traction. A LOT of investments and speculation on the whether the Fed is going to raise or lower interest rates... and the Fed tells people they base this in part on job reports. So there is a certain amount of incentive to bloat that number or shrink that number on command and big companies benefit from the Fed having this relationship with them. People should not hold out hope their government will regulate this when their government benefits from manipulating this system too.
My favorite was when the US government made that claim in 2021. The jobs were from people who had gotten fired/laid off due to COVID going back to work; they didn't create anything!
Yep they do this because if they actually solved the problem, they'd piss off the groups that helped them get into power. They have no intention to help the American people whatsoever, just act like they're helping us when they're really helping the corporations. This is such a broken system that wants to stay broken as long as possible to benefit the few over the many. Where is the media on this? Oh yeah...also in cahoots with government and corporations to hide the fact that they are screwing us over.
It's worse than that. They count people who are not working but are looking for work as "employed". The inhumane insanity of those people never fails to amaze me.@@Milesco
@@jayno3029 Actually, to be honest, I don't think that's correct. If you're not working, but actively looking for work, that is counted as being unemployed. In fact, in order to be counted as unemployed, you *_have_* to be looking for work. If not, you are not considered to be part of the "labor force", and therefore not unemployed.
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Want to put out there a word of caution when it comes to Seeking Alpha.
Quant is not 100% a reliable indicator of a company's performance. If anything, today, Jabil ($JBL) reported disappointing numbers and it was rated a Strong Buy by Quant while the company so far is logging a 10% decline after hours.
Napco Security ($NSSC) was also rated a Strong Buy by Quant as it rose but downgraded to hold right *after* the company logged a 30% decline in one day due to internal control issues requiring restating several quarterly statements.
Meanwhile, Aris Water Solutions ($ARIS) was at one point rated a sell and then a Strong Sell when it's shares dipped to $7, which was the bottom earlier in the year. It was upgraded once it rallied, meaning Quant could have misled investors if they take the rating at face value.
I've seen the same pattern with Quant, which is heavily advertised to outperform the S&P, to upgrade strong buys on improved momentum and Wall Street sentiment and to downgrade stocks when they go down. It is very fickle if it's not rating a company a strong buy for a very long time (Case in point, Powell Industries ($POWL), which can make the system more dangerous.
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I applied to Home Depot. They wouldn’t even guarantee 20 hours a week, wanted to pay $10/ hr, and wanted my availability to be wide open. Of course they are desperate for workers!
I applied to Target for seasonal work. They were paying $15/hr but said it would be no more than 20 hours per week and wanted my availability wide open. No one could live on that without a second job!
@@johnnysilverhand1733 sounds like the employers are the ones whining, bootlicker.
Wanted a part time job at the airport, but asked me to be available full time for training. What aspect of part time did they not understand?
@@johnnysilverhand1733 Just because they applied doesn’t mean they took the job, bonehead.
@@johnnysilverhand1733 are you high on crystal meth???🤨 This ghost job fraud is happening in every state!
What an insanely obtuse comment you posted!😖
I was turned away for a job because I was “overqualified and over experienced ” which translates to “we can’t pay you what you’re worth.” They are seeking cheap labor, nothing else.
If they could slavery would still be legal lol.
Agreed. Had the same experience and I struggled to find anything. We need to eat and survive! I basically told them “I really need a job!” They said they would consider, never got a call back. I sometimes harbor resentment against those companies because my career could have flourished if they threw me a bone. Well whatever, I’m figuring out self employment.
I think it's more like "we don't want to pay you what you're worth"
@@unoriginalname4321 Yes, you’re absolutely right.
@@johnnysilverhand1733Ha! That’s actually not true. You’re just a corporate shill.
It’s a free market where workers sell their labor, meaning that workers can choose the price point to sell it at. The idea that the employer sets the standards for wages is not necessarily true.
Funny how you free market capitalist are the first to forget the principles of a free market when it comes to justifying low wages.
What a bum
It should be illegal for companies to post ghost jobs. Saying you’re hiring when you’re not really is fraud and should be treated as such.
Yea but companies have wealth and legal power over you normal people
I would add to this that I think should clearly run afoul of privacy laws to just maintain a database of prospective applicants in perpetuity. I think most people would expect that companies only maintain that information until a role is filled and then their personal information is discarded. To find out that's not the case should make people very wary about where they're applying.
@@Ad1nfernum privacy laws in america is severely lacking.
More like Indeed can bank on this kind of stupidity by exponentially charging the longer they post.
@@Ad1nfernum The fact that it's not illegal to sell job applications to data brokers is a crime in itself. This needs to be outlawed yesterday
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I've done an interview with Apple in Ireland. During the interview I asked specific questions ('who will be my manager...' etc) and they could not answer. Couple weeks later I spoke to a friend who worked at Apple and he said that Apple is not hiring anyone due to a hiring freeze. Apple called that day to tell me 'Oh this was the best interview we ever got! But... call us back in 6 months the position is not open.' I asked them to remove me out of their HR database and go scr*w themselves for wasting my time. Thats what we are up against these days.
Thanks for sharing and I'm sorry you had to waste your time and go through that, that's ridiculous 🤦🏾
Yes have heard about the freeze too. It's been several months of hiring freeze everywhere.
Downsized tremendously. I think big companies are moving towards hiring contractors at lower pay rates or better yet outsourcing contractors at even lower rates way below average market pay rates. Very upsetting to see people with over 10 years of experience get paid entry level pay by these big companies because they can.
Good! I'm sick of this perverse ethos that basically has people become contortionists just to get a fucking job. It's ridiculous.
Same shit happened to me with a US based software company. I applied for 2 jobs via an internal referral (THAT WERE POSTED) and then my referrer found out there was a hiring freeze. Those jobs are still up
Why didn't your friend tell you this before you wasted your time?
Its because employers refuse to train people. There is no worker shortage. There is a shortage of cheap labour.
Exactly. The company where i work won't hire people unless they've pretty much done the same job for another company. Reject applications daily then wonder why they haven't found anybody for the role.
💯 THIS!
@@leifang1211 it’s not an american phenomenon only it’s the same in Europe even regular store jobs have personality tests to see if you fit the job. And also they sometimes write “minimum 3 years experience”.
Yes, Billions and Billions of McDonalds jobs, how do these count!!!!??? Hours limited so workers can't get benefits, so they have to work 2 crappy jobs. These so called jobs are all low wage or expect highly qualified people to fill.
@@beepboopbeepp Then they hire someone within the company to fulfill the role, why do they bother to post it?
Not accepting low pay when rent, groceries, and all other basic costs have increased is not being “spoiled”. It’s called surviving 😒
7:04 for anyone wondering. Just accept your lousy salary and starve 🙃
@@deathtone720 Thanks for tagging that.
Yeah, calling our economic requirements being “spoiled” is really shitty.
Agreed... unfortunately within all companies no matter the size.... most of the profits only land into the pockets of people working at the very very top.
The CEO and his top people will give each other bonuses every year for MILLIONS while their working staff might receive a tiny gift card during holidays.
So you choose to live on nothing instead?
My son lost a job and looked for over a year trying to find work, he finally found work - but he put in hundreds of applications without getting any calls!!! The few calls he received were scams! He was very panicked!! it shouldn't be this hard if you want work!
Same. Have a spreadsheet of hundreds of applications I put in. I got calls from 4. Got an interview from only 2.
Jobs I applied to up to three years ago are calling me in for interviews just to ghost me after.
On top of that their ad says like 24-28$ starting, want you to drive up to 2 hours away and then offer 16$ max.
I went through the same thing. I decided after a year to just go get my CDL (it's an expensive decision). It's ridiculous how difficult it can be!
@@zachdavis4168You’re so handsome and you also have such lovely hair
I'm going through the same thing right now too. It's truly awful. Everyone wants years of experience and nobody is willing to teach you for it. The very few calls I've gotten (only 2, and one of them ghosted me), have been for a very low salary that would just not allow me to tackle all my expenses. It's crazy
If workers can't get unemployment benefits if they stop looking for a job, then companies shouldn't get subsidies if they don't hire people they say they need
You get unemployment if you are fired due to layoffs until you find another job. If you quit or terminated for a violation that is different
They should also be investigated by the SEC for defrauding investors
@@darienford860 The conditions to get unemployment varies by state, but federal unemployment lasts only a maximum of two years.
@@WAGMILLCThey're too busy NOT investigating the rampant fraud and corruption on Wall Street (most of it surrounding GameStop stock manipulation)..
I know the one time I had to use unemployment I don't remember ever needing to prove I was looking for work.
Well that was depressing. As per usual, companies created a problem and are now complaining to anyone who will listen about how it's the employee's fault.
The motives go much higher in the Nation. The question must be asked, are these issues organic or are they intentional? Why are the big banksters trying so hard to keep the impression of a "good economy" going while everything is teetering on the brink of collapse?
@@exothermal.sprocket it's intentional they wanna crush economies deliberately and introduce cashless society
They are outsourcing these remote jobs to cheaper labor markets now? Why they wouldn't?
America is so deep into individualism and capitalism that if you told everyone “hey let’s all band together in collective bargaining so we can better everyone’s employment situation!” You’d have many get angry at you for suggesting that.
We could legit all come together and demand changes for the better, which could help everyone, and you’d have many folks go like “my company is screwing me over but im actually more angry at YOU for telling me what to do!!”
@@steverogers7601 America is so deep into ignorance about what's being done to it, not by its neighbors but by hostile infiltrators working with foreign powers and all the domino effects this has caused. American also is very ignorant about where money comes from and who controls it.
I just got an offer after 11 months of unemployment. In ALL that time, it became very obvious which companies were reposting the same job month after months and clearly never hiring anyone for it. LOTS of them. I now have a list of companies to never waste my time applying to again
please share
Could you please give us that list? I want to know so that I don't bother with them too.
They're looking to get tax write offs or h1b visas.
Please share the list Boss!
when did they want you to start...guessing new year in january?
If you're struggling to find work, it's not your fault, we currently live in clown world, and it's not just tech, every industry is experiencing this.
Really is a clown world where the liars, narcissist, and overall bad people get ahead in life
And its sad that this has been going on since i can remember. Im currently employed, but in my early 20s it took 3 years for me to find a job. I had to settle for temp jobs. Get disposed off repeatedly throughout a year. Then got a legit warehouse job making 27.50 an hour so i guess i got lucky through sheer iron will. But that doesn't change my view of the job market. The job market is more corrupt than the Chinese Communist party. I have no faith in this market. If i lose my job, im gonna have a different attitude/mindset than i did in my early 20s.
Really sorry for people who are struggling with this. I now feel dumb cuz I turned down a sales manager job for a tour operator to pursue pilot selection competition, then tried to get a cool scholarship, but it all did not happen.
That's hilarious I was thinking 'Clown World Clown People' the other day lol.
@@CentaurisNomadus Ppl aren't perfect and will make mistakes just learn from them and it will make you stand out from 90% of people that don't.
The idea that companies "can't afford" to pay employees is ridiculous if you look at the ever growing rate of upper management salaries and CEO bonuses compared with real wage growth and the amount of work being shoved on a shrinking pool of stressed out workers.
You are so smart. I once calculated that Walmart could give each employee $4 if the CEO forfeited his entire cash salary
@@unclestinky6388 1. The CEO isn't the only one who is overpayed. There is a whole host of overpayed management positions in most companies.
2. Going from $15/h to $19/h is actually a very big improvement for most people in that income bracket.
My company is so top heavy but myself and the other driver do the work of 3 people.
Our company laid several people off before labor day or demoted to part time. Meanwhile the CEO got a huge bonus for doing that. We also had a mandatory meeting last week and man.. there were several angry techs that asked about going back to full time and the CEO just dodged the question. It was due to "low call volume". They also outsourced our internal call center to over seas and now implementing AI. That is what we techs get for busting our ass off. But that goes for lots of other workers.
@@unclestinky6388$4 an hour or $4?
The "they don't want to train" has been a thing ever since I became a working adult in 2010. My grandpa didn't know how to paint airplanes when he applied at McDonnell-Douglas (now Boeing), but he got hired and worked there until his death. My mom never went to school for accounting, yet she now works with small businesses in keeping up with their books and finances. A lot of jobs that these companies claim require a Bachelors or higher, don't actually need those requirements, the companies are just too lazy and cheap to train.
The thing that really hurt workers is the online application process. Before, you'd fill out a paper with your resume and talked to the boss or HR directly, and a lot of times you'd get a small interview right then and there. If you truly showed that you wanted the job and could market yourself, you could get it even if you weren't qualified. Now it's all done by AI.
The financial crisis of 2008 was a catalyst for change in business practice. To save money, most large companies across the developed world slashed their training and development budgets and many just stopped hiring for entry level positions, traineeships or graduate positions. The focus became on poaching experienced staff from elsewhere that required minimum training. What started as a short term cost saving measure has since become established practice in most large western companies: training budgets remain very low to non-existent, entry level positions are rare or mis-sold, and focus remains on external hires over nurturing internal talent. It's far, far cheaper to let someone else train your staff for you, than to spend money doing it yourself.
They want a Bachelor's because (1) that's an instant and legal way for them to narrow their applicant pool, (2) it shows you were able to stick with something as an adult for 4 years, and (3) it means you're in more debt and more desperate than applicants without a degree.
@@Rabiusa
I don't understand this philosophy. Statistically they cannot all have external hires.
Those same candidates must have started from somewhere, and by refusing to train new people they are jeopardizing their own future prospects.
@@googiegressbro needing a bachelors degree for a job so easy a monkey can do is so dumb 😂💀
@@LancesArmorStriking - It requires applicants to have quite a few certificates under there wing. A professional or white collar worker is expected to constantly add to there own training and get these certifications.
A few decades ago it was about degrees mentioned by "googegress7459", but since most every white collar worker has a degree or multiples, the certificates have become the next big thing
This is a worldwide problem. Companies do not have a shortage of workers per se; companies have a shortage of highly qualified AND low-paid workers - that's why they telling you "nobody wants to work anymore".
Theres no shortage of highly skilled workers, they just dont want to work for $10 an/hour.
This is also how they are justifying the reinstitution of child labor in America. “No one wants to work” is how they justify putting migrants dreamers, the ones they can’t deport, to work in factories
Wage Slave is All they want
is exactly what the guy said
I'd take a more skilled job if I can take an apprenticeship for something like an electrian for example. But no company wants to train people either despite the shortage of skilled workers.
Dude, I’m so desperate I WOULD take those low paying jobs. I’ve applied to quite literally 300+ jobs, online and in my area, and I’ve received FIVE interviews. I’m a disabled woman in my mid twenties still living with my mom. I want to WORK and LIVE A LIFE OF MY OWN! This video literally has me in tears because I’m so desperate. We literally can go two or three days at a time without eating because we literally can’t afford ANYTHING!
I’ve literally had to pawn a very sentimental piece of jewelry to me that held significance by reminding me of my recently deceased father - it was a heart pendant made with diamonds and gold we had found together. Had to pawn it for less than it was worth, just so we could eat and get life saving medicine. Wasn’t the first, nor will it likely be the last sentimental material good I will have to part ways with to pawn, not that I really have much else.
I’m so crushed, man. I just want to work so I can take care of my family, is that really too much to ask for?
Felt sad hearing ur story. But living with your mom isnt bad thing. You are family and family lives together. Dont worry you will get the job. I too tried years to get a good job. Had depression and panic attacks. Got the job but not the high paying one. Hopes things improve.
Hi, I hear you, and I'm sorry you're going through such a rough time. Something that could help make money would be staring a YT channel, you could talk about looking for a job, or even being young & living with a disability. I'd also recommend considering learning to program. I did what's a software development bootcamp to learn how to program, and was able to get job opportunities because of that (and because of God!). I'm gonna be praying for you, and I hope the best for you. If you're interested in the bootcamp I did, it's called Ada Developers Academy.
I totally feel you. Half of us just want an opportunity where we can grow and make decent money. After over a year of job searching, I absolutely have lost hope. I even thought of a career change since I won’t get hired, but even that costs a pretty penny.
same here! I am a 14 veteran and we are also in the same boat! veterans are also getting screwed!
Work Lyft or Uber, donate plasma, work temp labor, something. Recreate resumes that allow for small paying jobs. Don’t just focus on corporate.
Companies "can't " pay more? Nah, bruh, thats just plain wrong. If they didn't pay executives 300 to 400 times the average salary, they could pay more
They just leaked that turnover is costing Amazon billions of dollars. But do they spend a little of that money improving working conditions, increasing pay, and thus reducing turnover? Of course not. If you find a good employee, hold on to them with both hands.
That is also exactly why some people aim for the management positions. Everyone else gets stuck at the ceiling just below management. Once in management, they do job hopping to get to the top. Also being a matter of knowing the right people. Another initial reason for wanting to straight into management is the salary and position of power. That they know nothing of the industry is secondary.
It is called a Market failure. It is time for government to step in and tax the rich to pay for jobs programs.
@@Novusoddumb.
Yeah but that's not what a McKinsey consultant told them to do...
My personal favorite was a finnish company looking for under 22 year old worker with 10 years of experience in the field. Looking for those elementary school child prodigies for the advanced engineering position.
🤣🤣🤣Thats hilarious
Ah yes, child labor
Maybe the ad was AI generated? That would explain it!
So they can do more and get charged for less since they're out of college?
They should try their luck in Arkansas since that state passed a law making it easier to employ children 🤣
People are "spoiled" because they got/demanded to be treated like actual human beings with rights for once during the chaos of WFH and the pandemic?
*"Spoiled"*?
I have no words.
I sincerely hope most people dont actually think like that.
Most don’t, but the small whiners will always be most vocal.
People passed away because of working during Covid.
Now we’re just drones that need to get back to work
Well I wouldn't call the ones who think like that "people"
I’m glad I’m not the only one who thought that
Yeah. And companies that are posting record breaking profits after soaking consumers since 2020 'can't' hire more workers? Nah nah nah. Workers are realizing their value for the first time in decades, and they are trying to nip that in the bud.
Exactly, for the first time in years if not decades tons of people were paid what they were worth and understandably they don't want to go back to working for chump change
This is pretty much spot on. I applied for a decent paying tech/software sales job (90K:-130K) and managed to score an interview as the result of a high level connection I have within that company. The internal recruiter took her time responding to my email, and when we finally set up the call the first thing she mentioned was that they're always looking for high level business development reps. In other words, the job is always posted. She went through the motions and was actually very engaging, but I knew it was a dead-end attempt on my part. There was no imminent need for filling the role I applied for. I received an email three weeks later that the company has decided to blah..blah..blah.
Yep, a lot of companies do that. They are just priming and tweaking their "employment stats" and meeting "legal obligations" regarding the same. It's all "pro forma." Basically, yours was a "fake interview."
When companies became less loyal to employees, employees became less loyal. Circle of life.
Yep. Some expect loyalty, yet won't reciprocate it. Loyalty goes both ways, as you stated. To be honest though, it is truly difficult to find true loyalty these day. I am loyal, but I don't get the same reciprocation, so I severe the relationship form new ones and they always come running back when they realize that I was the only loyal one standing behind them. 🤷
When employees became less loyal to employers, employers became less loyal to employees. Circle of life
unfortunately some will enforce a one sided loyalty with anti competition contracts
@@yummyherbicide7296 Well loyalty goes both ways. If only one side offers loyalty, than the other doesnt deserve it. All relationships should be give and take. If one side gives and one side takes, there is no balance. Most do not understand give and take relationships. There is one life lesson that I have learned and that is to make oneself useful to others or you will be nothing in this society. The unfortunate truth is that if you aren't useful to others, you won't mean much. If I bring a lot to the table and the other person brings nothing to the table, but bread crumbs, the relationship really isn't worth it now is it? Individuals don't realize my worth until losing me and mostly always come back. Do they come back for you? If not, one should try and oneself useful or you will just be nothing, but a throw away. 🤷
@@unclestinky6388 while you’re up there, check your boss’s prostate for polyps
"Ghost jobs" should be considered fraud. If they are not hiring, it's not a real job posting and should not be allowed. The fact that LinkedIn doesn't punish or call out companies that do this is the problem.
follow the money
Ghost jobs won't be illegal. why? if it comes out there are 6 million people unemployed and only 3 million people jobs open. people will be in an uproar
Why would they throw away money like that? Only thing these jobs boards seem to half-heartedly care about is scam jobs.
And how would anyone check that? All a company needs to justify a job posting is a business plan which states they want to grow should the opportunity present itself. And big companies with a lot of turnover can easily "prove" that any job posting you may find is for an opening they actually have. It's bad for employees, but this is just what reality looks like now.
I have gotten a "job" tossed off indeed multiple times. It's a scam employer who "hires" people then does not pay them so they "quit". If you write them and make a legit argument with proof you can get "jobs" tossed. But it pretty much has to be somebody that has proof that it is not a real job..those people don't usually care or are afraid to say something.
Companies deliberately demanding more than is required for the offered position, so they can low-ball pay to anybody applying regardless. Either they get an overqualified worker willing to take a pay cut, or they get a qualified worker who will probably give in to a bad offer because they didn't meet all the job prerequisites listed. But people know this now.. so I think a lot of folks just walk away. period.
I had a boss who bragged about lowballing people he had hired.
It’s a dangerous trend that will result in more immigrants crushing our existing American citizens. I didn’t used to be anti-immigrant before this video, but now I am anti-immigrant if it means evil companies can do this shit.
If you can't get a job just lie
My dream job, driving the RTD bus in Denver. Desperate when I got out of the army for anything, they were hiring and I had to take the aptitude test and I scored too high and they said I wouldn't like the job and no. And that was before all the benefits were no longer given to new hires, I ended up getting a low-paying job at Yellow Cab and I really enjoyed it, now RTD is desperate and I'm too old. And still I would score too high. On the flip side I went to Charter College for electronics engineering and minimum age requirement is 18 with 20 years experience using software I've never heard of, they got me a job at Radio Shack at the counter for three dollars and 65 cents an hour which wouldn't even pay the 295 a month student loan on top of the $400 a month rent for the closet I lived in. The tuition and Loan repayments of $40,000 was a total waste of my life, those private colleges are total scams.
@@LuisFlores-mc2tcI'm a pilot, I went to travel Academy
For the past 14 years, Ive worked as a lobby assistant in a restaurant. Last year, I asked for a raise and got it to $12 an hour. A few months ago, an employee from the city noticed me working, and told me I was working so hard for so little.
Thats where my problems are. I dont have a drivers license, and all I have to my name is a high school diploma from 2008. Even if I could apply for a job in the city, I don't think I would meet the qualifications.
Most of the job postings require a bachelors degree for 6 months, as well as a drivers license.
Im disabled, and dont know how to drive. So, how can those who dont have a license get a job in the first place?
I admit, Im scared. I dont know how Im going to make it in the future when I get older.
I have an MBA degree and sometimes I actually leave it off my resume because there is a massive push back against people who have degrees now. Plus the companies often believe I will demand too much and they don't consider me. They don't want to pay an MBA wage. It's very difficult to find work at that level. Multiple stages of interviews and they want a laundry list of qualifications where they can place you in many different roles. For instance, they may want you to be plugged into a finance role, but if the IT guy can't come to work, they want you to also be able to write code, etc. It's silly. I've come across several job ads like that.
You got lots of experience. Don't make yourself so small. You are the teacher
get a state issued id rather than a drivers license and inform them of your disability.
Get an ID. And don't ever think you need a degree, what you need is confidence. I'm disabled - lymphoma - stage 4 at 27 years old. Peak of my career, no degree but 35 state insurance adjuster licenses. I'm 39 now, still fighting cancer, lost everything many times from the high cost of chemo. But confidence is what kept me getting hired. I have never been asked for my diploma or my military paperwork from my service (DD-214 or any proof at all). People lie ok resumes all the time. You can Uber or Lyft to work - and being disabled actually helps you get hired. The company cannot disqualify you from employment for the disability so learn to play your cards as they were dealt and you will find that most curses are also gifts if you learn to twist the curse around your own will. Life is hard and unfair. It flat out sucks. But what sucks more is regret as the years pass by you faster and faster, until you have little time left to try anything. Apply for these jobs, interview and learn from each one. They are uncomfortable, no way around it. But it will get easier with each interview you do. You will learn what your resume needs. There are tons of online certifications that outweigh some degrees for many jobs. What's keeping you held back is self doubt and fear, and those are both inside of your mind - nowhere else. Go get what you deserve.
Don't feel bad. I have a bachelor's degree in business, it does NOTHING for me. I thought I'd get jobs much easier since emy degree is around numbers not some dumb shit like gender studies
"People refuse to take low wages because they were spoiled" 😂 no no companies are low balling. I've stopped being nice to hiring managers who waste my time. I've told several that I didn't go to college for $12/hr. But in a way less nice way. Bachelor's in finance. Master's in management. 15 years military experience. I'm not going into an entry level job. I make enough with my retirement pay. I'd rather sit home than accept a disrespectful paycheck.
I thought finance paid well😮😮😮😮 and here I am thinking about going back to school for accounting...
@@candyluna2929 get your CPA if you're going for accounting. Finance will get you bank jobs and crappy job offers. It's good if your going to work for yourself. Otherwise go get that CPA.. and still work for yourself. These employers are very disrespectful with their salaries. I'm 100% VA rated so I get the luxury of screwing off all day and just getting paid to exist at this point
@@candyluna2929literally same here I was thinking about going back to school to study business economics and branch out into finance
Same I'm glad I retired cause even though they raised minimum wage to 15.67 still not worth dealing with doing multiple jobs like the military had me doing
15 years? I hope you either got an early retirement or a rich spouse, cause 5 more years after 15 should've been cake dude
Asking for a living wage isn't being "spoiled". It's called needing enough money to live off of.
It's all part of the game. The WEF has said that by 2030, "You'll own nothing and be happy!" All these companies are bought & paid for by the WEF and the globalists. The DEI agenda, and "sustainability." It will get a lot worse over the next few years.
decent wage*. companies pay you for your value. not because how many bills you bring to the table and Chose to run up
Go back to your basement, nick. The adults are talking.
@lolwtnick4362 Yeah, you're right. Silly me for wanting frivolous things like "a roof over my head" and "food".
@@lolwtnick4362Your "value" is how little a company can get away with paying you while squeezing as much labor as they can out of you. This sort of contrived value should not determine whether or not a person can feed their family.
"Spoiled"??? Given the price of housing, not accepting wages that require you to live in your car is not a sign of being spoiled. Landlords want to charge luxury level rent for rat holes. Employers want taxpayers and foodbanks to make up for their low wages. And local governments want homeless people to give up their jobs and get out of town. And they all expect people to magically show up to work, rent, buy stuff, and pay taxes. It's like a tragedy of the commons, except with people instead of grazing land.
you hit the nail on the fkin head!
You have a car?!? Considering the ever increasing costs of financing a car, you're "rich" these days if you have one.
ya not gonna lie i stopped listening when he said that. If they dont even know what decent pay is and why we need it it honestly make me second guess everything they are saying
@@outtheredudeyou can get by with a cheap sh*t box though, it's the petrol that's the issue. I had to buy a new car during the pandemic unfortunately (engine packed it in on my previous car). I hate to pay another $5k on top of the emergency funds I saved up, completely wiped out after that.
@@outtheredudenot if you live in a suburb and had to take out a loan for the cars.
I've been through this about 4 times now, it is very symptomatic of the early phase of a RECESSION.
Companies want to look prosperous even though they have NO intentions if hiring anyone.
The issue with high turnover and no training is so true. I work in software development, and we hop jobs so often. As a result, every job I apply to doesn't want to teach me anything; they want me to be proficient in every specific, niche softwares or packages they use, even if I could quickly learn it on the job. It's exhausting.
Same. And it's always a crap shoot when you get in, and to top it off (I'm an independant contractor), I finally get everything built up so that it is manageable the job ends and the cycle starts over. Exhausting for sure.
Also they will hire someone with no experience based on an internal referral so that means the experience isn’t necessary. The applicant is just jumping through hoops for nothing.
I always just treat onboarding as an extra vacation, learn nothing, then hop on and wing it. I advise you do the same.
Then you look bad when needing to rely on other co workers for help because you’re new. Often being told “just figure it out” then you look bad when you screw up or incorrectly configure something etc
@@charliedallachie3539Yup. These companies are absolute idiots. "Time is money" yet they won't put in some time to teach a good candidate how their company works, builds projects, does its job ETC. But won't have any issues when an experienced candidate wastes his time trying to learn all of it on his own and doing the work for 3x longer because nobody wants to teach him. Companies are just not thinking about anything long term
A big problem is employers want to pay people $10 an hour but they want them to have a master's degree in brain surgery to get that $10 an hour lol
It's the "fiver" or "Upwork" effect. A race to the bottom in what people are willing to work for
@@hubertcumberdale2651 if you would have said that to me 2 years ago, I would have been skeptical, but now I realize, that's absolute truth, we are all racing for the bottom. Just look at the rise of the dollar store, and the rise of food deserts, and trying to buy everything ridiculously cheap so most of it comes from China.
With 15 years of experience, starting with a 1 year internship, and the job is also part-time temporary.
You actually need a Doctorate degree (M.D.) to do Brain Surgery! LOL.
A group of human slaves want more human slaves?
startup idea: a job board with no fake jobs. Employers that don't fill the role within a specified number of months get kicked off the platform. This will also attract top employee talent to the job board.
Someone make this please
With whose money? Because, I promise you, none of the corporate or financial powers would back such a play.
@@robertbeisert3315 They don't have to. The tinderization of the job market goes both ways as the video explained. Nobody believes in company loyalty any more.
Indeed seems to be ahead of the curve on this one. Of all the job sites, Indeed is the only one where the user can quickly click through all the buttons to apply for jobs. You can still post jobs that refer to their own internal web portal, but I've learned to just not bother to apply for those jobs anyway since I can apply to ten other jobs in the time it takes to navigate their junk website.
If the culture moves to an even quicker and dirtier paradigm than indeed, (for example we could have bots that automatically spam your resume to every job posting) then their paradigms an algorithms will effectively become useless, and we'll just have a perfectly tuned AI algorithm that perfectly places people automatically.
@@robertbeisert3315not if workers only use this site.
@@robertbeisert3315Because this is a premium service for job seekers, we can charge a $1 premium for those seeking a job and companies get in for free. Kinda like dating websites will have features made for certain genders to pay for because the other is the real product. Anti ghost posts is the product the job board sells, so the companies are the product and the job seekers are the customer. Now you have a semi cheap website that millions are going to visit because they all want a job and not have the hassle of applying to ghosts
corporations simply wouldn't use the platforms and thus there wouldn't be enough listings to attract enough users to make it viable
Can’t even get hired at a Walmart, or Lowe’s here. Lowe’s sends me a “sorry we’re looking at other candidates” email at midnight…
Yes I got emailed twice to set up an interview and heard nothing back
@@remainedanonymous8251 I actually set up an interview using their “AI assistant” or whatever and went to the interview. They said they would give my availability to the manager, and within two days I got the email.
fucking mcdonald's wouldnt take me man
it's over
@Fadexd888 Tell me about it.
@@ghostdigit1555 Only suggestion I have for you is a temp agency or a delivery driving gig.
I wouldn't call the higher pay "getting spoiled" so much as "finally somewhat livable."
there’re so many slick little jabs in this video 😂
CEOs, Executives, and upper management is "spoiled".
Record profits while our pay increases don't even keep up with inflation and we're the spoiled ones. I am frothing at the mouth.
@@varnull6120 The bosses make in an hour what their workers make in a year. They get 300 times more than than their workers do. Back in ‘65 it was only 20 times more. Under Japanese labor law the bosses cannot earn more than 20 times more than their workers, so I’ve heard.
Exactly. Meanwhile the only people who can afford rent are two income families.
As someone with over 25 years experience in tech, I’ve been looking for over a year, applied for many jobs where I can start tomorrow and jump right in and be effective, but still can’t get an interview. I’ve been told outright they are looking for someone “more Junior,” i .e. younger. What they’re not thinking about is that I’m just looking for a position where i can do good work for 8-10 more years before i retire. I WILL stay more than 2 years because I don’t want to go back through this. I will be the most effective use of their money they’ve ever seen, but they can’t get past my age. And ghost jobs is totally real. I see positions for which they’ve told me, “we filled that position” but then repost it a month later. With this, everyone is screwed.
Then when juniors apply, we're "not skilled" enough, and don't have enough "years of experience". So it's like, WTF do you even want???
its ridiculous. I hate it with a passion.
Verbatim my experience. I'm done. It's freaking devastating to be honest. It took me SO long to get a career going and now the greed of the system has left me to the wolves.
More junior is just code for “we can pay them less”
Same here, I applied the ton of jobs and be refused from all. I saw same positions I applied two months or even longer are still on indeed and LinkedIn, look like these companies hiring the people for same position forever! Totally wasted my time.
Also, the implication that “nonskilled” workers who aren’t degreed or at a desk job dont deserve to be able to pay rent without emptying their bank accounts is a mind blowing conceit. Without the “nonskilled” laborers, none of you tech/finance/hr/corpo/ivory tower people could enjoy the many conveniences available to you afforded by your class and pay.
I also hate the term "no skilled" or "unskilled". Most people can't or even wouldn't do these types of jobs.
@@murfnturf23I would say a LOT of jobs ARE unskilled. I'm fairly well educated and had most of my career in admin or office work. I wouldn't even say that work was particularly skilled. Later I had to take work and ended up working in a call centre...soul destroying u nskilled work...a shop unskilled but kind of interesting weirdly ...and a supermarket as a café cook, unskilled brain-dead HARD work.
I would say that pretty much ANY job that you do not need specific high level training is unskilled...BUT there's nothing wrong in it. If you like doing it then good for you! In the call centre work there were people that loved it but I found it hard going
Exactly. "Digital nomadism" is built on the backs of low wage coffee shop workers and floor moppers of their precious "co-working" spaces
@@skyblazeeternoas a chef I’m really curious how cooking is unskilled.
@@hubertcumberdale2651not always true I am a digital immigrant front rh US to Mexico and my husband and I had to move because ethe cost of living there would of have made us homeless
My dad doesn't believe this is an actual thing. 1 year, 700 applications later, only 8 interviews, 4 of which were middleman hiring companies and not the actual employer. and the only job I could find was my old job at Walmart, and then another 3 months later, Lowe's. neither of which are wages I can/could survive off of. I'm a 6yr Navy Vet who operated nuclear powerplants, managed personnel and have a bachelors degree in Graphic design. Not only can I not find work in areas I want or am actually qualified for, I struggle to find jobs in basic stuff that is, at best, going to put food on my plate. forget having a place to live or any sort of comfort.
Your dad is listening to the media propaganda, or stuck in the old times
Sounds like my dad he had a job for 20 years became a masters and contractor had big dreams for his son but with a bachelors and even with experience still cant find anything other than the horrible jobs that wont even cover the basic necessities
My dad is the same. He's a boomer. Back in his day he boasts about how he had good jobs and got them just by walking in asking for an application.
I feel your pain . 6 years in the marines helicopter mech. B.s. in environmental science hoisting lic and cdl class b...and I work part time at the town dump....apply for jobs routinely..for years
Is it geography? Would you have more luck somewhere else?
These companies are posting 'ghost jobs' so that they can continue to get forgiveness on their PPP loans as per the stipulations. PPP loan fraud is one of the biggest problems in the last several years.
It was before but not true now. PPP loans have already been forgiven completely. This is no longer a requirement. However, "always hiring" makes it looks like they are growing, which can help keep their stock prices up. All an illusion
PPP loans? Thanks for explaining what the heck that is.
@@jerirasulo9543 I'm sure you can do your own research.
@@jerirasulo9543 Paycheck Protection Loans were loans given to businesses by the government during 2020 as pandemic relief. Business owners only qualified for these loans under the condition that they didnt layoff staff. Then, the government decided to forgive these loans, so business owners no longer had to pay back what they borrowed. However, one of the conditions for forgiveness was also related to staffing, and the businesses had to be actively looking to hire new employees. But businesses saved money by operating on skeleton crews, so in order to qualify for PPP loan forgiveness, they would put out help wanted signs but never actually hire anyone. So they could tell the government,
"we're looking for employees but no one wants to work!" in order to qualify for PPP loan forgiveness without actually increasing their labor force. This is how the "nobody wants to work" myth was started.
@@jerirasulo9543 Have you been hiding under a rock for the last five years? Those were the loans given to companies to keep them afloat during the pandemic.
You were SUPPOSED to keep your staff on hand, paying them, during lockdowns with PPP loans. And it SHOULD have gone to smaller businesses as the record profits of larger companies for the last three decades one would assume at some point would have funded a "rainy day" fund. Instead, the larger companies took way too much of the pie because- as anyone knows about the truth of trickle down economics- they haven't set aside a cent for emergencies like a pandemic. It has all gone to shareholders and those at the top.
But this isn't the 'ghost jobs' reason. Those were all forgiven. Billions and billions of dollars companies got for free, just like the constant funneling of money into banks that is actually still going on since 2008.
Imagine being such a mess of a government, that you need a technical definition of unemployment to skew unemployment rates so you don't look worse than you already are.
YES THIS
Sounds like a lot of modern governments really. I do wonder though, which ones do it the most?
Isn't this every government?
thats not being a mess, thats just typical lying with statistics .. and that one is international
Unemployment rates are categorized that way because they always have been categorized that way. They are being consistent. It's the labor market that changed so that the indicator doesn't work the way it should. Don't confuse malice with inertia.
I despise work culture now. Since the pandemic, my company doubled our workload. A lot resigned, but my company still meets what they were accomplishing pre-pandemic. They post these job openings to psycho-manipulate their current employees, a clear message that we are replaceable. As a result, we'd rather work harder.
I'd threaten to leave. It's bad for software to shake up the team like that and bad software sells pooly.
One thing that I've been noticing lately in a lot of job requirements is the ability to lift 150 lbs by yourself. That's pretty much the average weight of the usual applicants!
A few things. I work for a company and am close to the HR people. We are laying people off right now, but have more job openings than we did in 2019 when we were hiring like crazy. Even HR doesn't understand it, and have told me that the firm has positions posted that have been renewed (reposted every 30 days) as many as 50 times.
Secondly, people who are qualified, with significant job experience are getting low balled left and right for jobs. I've turned down two jobs after being recruited because I'm not willing to take 7% more to make a move.
Thirdly, companies want to make it seem that they continue to grow, even when the walls are closing in. Bed bath and beyond had 97 job openings the day before they filed for bankruptcy, wework had two dozen+ openings on November 1st, and filed less than a week later. A lot of it is for appearance.
Well you think investors will not jump ship the second they think they might loose money? I don't understand why people don't look at those who "invest" and ask them to buy for life regardless of outcome?
This is so said.
Very spoken. Quite said
I think that the reality is that what your talking about is not a true lay-off. They are not letting many people go without regard to their merit due to a division closing. They are going through their list, looking at the analytics and performance reviews, and FIRING the employees who they feel are worse than the talent that they could bring in from the outside. Calling it a layoff while actively hiring makes them sound stupid and contradictory. In reality, they're just being greedy jerks and that's all there is to it. Maybe instead of people calling it "layoffs" they should just say that the company is getting pickier and more cutthroat.
Companies can always find workers if they pay well. Their problem is they want workers in position they don't have to pay the market rate for. And if they can't get it, they look offshore.
Everything they do is specifically to fit the deliberate loopholes in the laws that are supposed to force them to hire locals.
H1B visas have been capped for quite a while now. At most, it's 85,000 visas a year which is nowhere near the number of skilled jobs on offer (or even the ones that are truly in offer). Blaming immigrants or immigration helps no-one.
H1B visas have been capped for quite a while now. At most, it's 85,000 visas a year which is nowhere near the number of skilled jobs on offer (or even the ones that are truly in offer). Blaming immigrants or immigration helps no-one.@@robertbeisert3315
@@jasonhaven7170 You should probably google the word "offshoring." It has nothing to do with immigration or H1B visas.
@@jasonhaven7170the welfare state and immigration restrictions should both be abolished
One thing stands out as incorrect from this video. Companies absolutely CAN pay more. They choose not to, instead using that cash to enrich those in power.
The bonus structures for csuite level is astronomical compared to where it was even 30 to 40 years ago .
Read an article talking about how hospitals in the US pay 11 million dollar bonuses per year to certain high level Admins for meeting financial goals- usually keeping expenses down, which they generally do by cutting personnel. Got in an argument with someone else about healthcare in the US, and got asked 'So where is the money supposed to come from?' My immediate answer was that cutting those bonus would be a good start. Imagine how many RNs could be pulled on if 11 million more was given to staffing.
@@aceofspades9503 healthcare-related expenses comprise something like 33% of the US's GDP and close to half the federal budget. This is not because American insulin is chemically different from Indian insulin, but because their rackets serve the narratives and agendas of those who hold the reins of power.
True... managers just make bank and the low tier suffer and get hours cut
Yes, there is never a "hiring freeze" on the executive floor at the company headquarters (smile...smile).
Calling people "spoiled" for simply not allowing crooks to exploit them for starvation wages is pretty tone deaf, dude.
🎯As soon as I heard I was like ok… this is off and ignorant.
not tone deaf, just evil
He isn't implying they are spoiled rather previous employers were spoiling them
@@markme4does he mean during the lockdown when companies actually had to pay people more than pocket lint to work?
#gaslighting
this happened a few weeks ago- former coworker texted me and asked about open positions where I work. I went and checked and found no positions, which didn't surprise me- its well known internally that we are on a hiring freeze. Former Coworker sent me the links they were looking at on a hiring site that had been posted 3 days ago. I checked. The positions had been filled internally 3 months before. The jobs posted on the external application site three days prior....yeah, ghost jobs. We weren't hiring.
Report to the FTC as fraud. Record the necessary data so that it isn't lost to deletion.
Wow! That’s why east apply is a thing, wasting time on applications SUCK
do you by any chance know WHY your on a hiring freeze? Because its not just you, its everyone. Can they not afford new workers? Do they not want to train? Are all positions filled? Like im seriously trying so hard to understand everything right now. If anyone could break everything down that would be great!
@@gymnastkristen5824 I work for a large corporation that provides financial services. Its a company that emphasizes integrity, and genuinely does try to provide a good working environment. (try. doesn't always succeed.) Anyway, we had a 10 year period of record growth as a company. Then in 2022 we had a tougher year. The Board went into a panic mode and started to review our financing, with cost cutting measures like lay offs and a hiring freeze while projects were reviewed went into place.
There actually are a number of areas the company could cut bloat and save money through improving internal processes. But Lay offs and a hiring freeze weren't the correct answer, imo. Also, imo, the panic was not warranted. We had a slightly slower year. We had also heavily invested into improvements on our internal infrastructure that year, which was part of why our costs were high. All of that was going to pay off in the next year, which should have made back our growth goals.
@@gymnastkristen5824 Why? Because hiring people is an expense, that's why. Employers hire people because there is work that needs to be done. Just because an employer can afford to hire someone does not mean they should. The work load could be temporary, seasonal, or not expected to continue, for a variety of reasons.
"People are unwilling to accept lousy salaries after being spoiled for the last three years. And companies are not willing to pay as much as they were because... they can't."
I'm sorry what planet are you on? Cause over here on earth workers have been fighting tooth and nail for even tiny pay rises, and companies have been making record profits SINCE covid.
Spoiled??? During lockdown my workload doubled and my salary got slashed in half!! 😡
I worked for a place for 2 years got a 25 cent raise, then they docked it down again. So I just left.
"Can't" afford to pay properly, but "can" post record profits
i think how money works has drunk the corporate coolaid...
People dying=companies saying spoiled
A lot of companies also run intentionally understaffed to save money.
The "nobody wants to work anymore" excuse is just a manipulative way to shift all the blame on to the same people who have been applying for hundreds of jobs.
Gaslighting on a national level
@johnpark7972 exactly. I have friends who have been applying daily with no responses, yet somehow, simultaneously, the managers of these places also claiming nobody wants to work.
@@raxcentalruthenta1456 no one with actually applicable skills apply. You would be shocked to read the hundreds of pages of lies (yes, actually false claims) that I read to fill even one position. I don't work at some sweatshop, or Amazon. The biggest risk to my team is a papercut (and we use nearly no paper), or running out of coffee. Did I mention we are 100% remote work? So yeah, I am not buying the whole "there are plenty of people with skills, willing to work" argument. Hell, we don't even drug test...
@@raxcentalruthenta1456 I experienced the same thing when I was unemployed. Applied everywhere for so called entry level jobs at places "desperate" for employees. Never heard a word. And when I did get an interview? The person I was scheduled to interview with didn't even show up for the interview THEY scheduled. What a joke! Same places are still "hiring" over a year later
"nobody wants to work anymore" is code for "I want to pay a worker squat to work 50-60 hours per week".
I make double minimum wage, I can't afford my own car, and I can't afford an apartment without a roommate, I've looked for other jobs, but most of the opportunities either require decades of experience and a laundry list of qualifications, or they don't pay even $15 an hour, the job market can kiss my ass, why are people stealing from stores, why are things going to shit, because we literally live in a world where you can't make it being a normal person working a normal job with normal living expectations.
USUALLY and MINIMUM
Consider a freight railroad job with one of the class 1s such as the Union Pacific, CSX or Norfolk Southern. You start out at around $35.00 per hour with overtime after 8 hours, get good benefits, a great pension after 30 years' service with full retirement at age 60 is so desired. But be aware that you're going to have to be available 24/7 and work in all weather extremes. Good luck!
Do you buy a 3.00 dollar latte every morning?
@@ruleten9575 if good latte's were $3 I would buy no daily coffee for me that isn't brewed by my home coffee maker.
Managers have fr became so lazy. I remember working in retail where me and my other coworkers were basically all newly hired (me being the newest) and the NEWLY HIRED EMPLOYEES were training me and NOT our two managers who would go to the back of the store, sit on their tail, and gossip!! And yet they would get mad at us for talking to each other during the job even though we were still actively working 🙄🙄🙄 Lazy, lazy, lazy...
Who goes into management to do actual work??
Managers are worthless now a days. Mine was in the hospital for 2 months and me and the lead tech just did our normal thing. It made absolutely no difference. Except he makes over twice as much as me over 100k a year. Insane
I think part of the problem might be pay. The “I don’t get paid enough to care about this” but need to look like they’re doing something so the people below them get told off.
It’s funny you say that because I actually got fired from my last management job for trying to get the workers to actually WORK. I wasnt letting them be lazy and sit around and they kept reporting until they decided to go in a different direction. Despite me being overqualified for even that job. I was unwilling to allow workers to steal money from the company and just wait around doing nothing and that got me fired. I learned a valuable lesson that day. Dont try to save everyone else.
@@zacwoods unwilling to let employees steal from the company? Why not? Simp...
I worked for a company that would have over a hundred job openings listed on their own website. But we’d try to get friends hired and they would never get a response from HR. Turns out the company just wanted to run the company with the smallest labor cost possible. Telling the overworked employees “ just hang in there, we’re trying to hire more people, look at all the openings we have listed.” But all we ever heard from people looking for a job was that they never got a response.
Bingo
Spoiled with high wages? Um, where I live the average cost of renting an apartment or house has jumped from $800 to $1200 per month, in the past 3 years. Houses have increased by 50% and groceries have doubled in cost. New phones are $1000 and up. Cars are designed to fall apart as soon as the warranty runs out. In fact EVERYTHING we buy, including those $1000 phones is designed to fail after only a couple years, so you constantly have to buy replacements.
The problem is that companies have become a vehicle for generating insane levels of wealth for those at the top by keeping wages as low as possible and finding new and creative ways to milk the middle class and those at the bottom out of even more money.
New phones at Walmart are $30-$50.
I agree costs are going up, by as much as 100% on many things, but I think you also need to re-think some choices.
Lol, I have a Walmart phone. You are judgmental and defending the corporate exploitation of the American people by greedy companies. American has been brainwashed for decades in the sanctity of “Capitalism”. And by “Capitalism” they don’t really mean a competitive marketplace. “Capitalism” in America means more freedom for companies to exploit their customers and employees. Generally by using political influence to strip away regulations that protect consumers and employees and creating regulations that limit the rights of consumers and employees.
What is even worse is that those same corporate shills who are screaming for deregulating businesses are also throwing vast sums of money into inflaming public opinions on social issues and using them as red herrings to keep us constantly fighting with each other over those topics.
If a company has a good quarter and profits go up by $2 billion… Executives vote themselves $100 million in bonuses. The 200 other employees who did all the work and make $15/hr get a pizza party. THAT is the problem in this country. It’s not “socialism” to demand companies share profits more equitably among their employees. No one is getting a “free ride”.
A paradigm shift needs to happen in this country where a company’s success is determined not just by how profitable they are but by how much the lowest paid employees are making.
Sure, maybe that poor executive is now only making $10 million a year instead of $500 million a year. But every one of his employees is making between $100,000 and $1,000,000 a year. And at NO extra cost to the company. You want to see our economy absolutely explode into high gear… do that at EVERY company.
@@woodsghost9088 And why aren’t we hearing about company executives being “spoiled with high wages”? A real easy solution to the problem is to change the minimum wage law. Instead of being a fixed amount of money, make it a ratio based on the highest paid employees. Something like 1:100.
CEO’s are not essential to a company’s operations. The people that keep restroom clean and sanitary; the IT people; heavy equipment drivers… the employees that do their jobs well and efficiently are FAR more important than a CEO that spends half his time on a golf course or taking cruises.
So, you’re a CEO, you make $5 million a year and you want to make $10 million? Build up that company so that you can afford to pay the janitor $100,000/year. Then you get your $10 million.
@@robertstrawser1426 I've run a lot of ideas through my head and I think the "Executives are capped at a multiple of the lowest paid workers" makes the most sense.
But it can be easily got around. For example, use all contractors. You don't need to pay them any benefits, they have reduced protections, and their wages don't count towards the bottom of the salary range.
Or make everything gig work.
The way you deal with things is you make the individual labourer more valuable. Which means you restrict the number of labourers. Which is what happened with Unions and why they were effective. And Capital Owners imported strike breakers. Then the most successful Unions dealt with the strike breakers.
So now we see wages in the US plunging. Because Capital Owners got tired of paying high wages and decided to expand the Labour pool.
No minimum wage law will fix any of this. You have to deal with the imported strike breakers. Or accept a growing wage disparity.
Your choice. I know what I'm choosing.
@@woodsghost9088 All good points. Obviously to make a minimum wage based on multiples work it would require some measures to take into account contractors and hiring out “gig” work, but companies already do that to avoid benefits.
I think a positive side effect would be that it would be detrimental to massively large corporations and beneficial to small and midsized to large businesses. It would give smaller family-owned businesses a huge advantage over big box corporations like Walmart, Home Depot, etc… which is something this country desperately needs and would create tremendous opportunities for smaller businesses. I don’t think the pushback from Capital holders would be that bad for 2 reasons.
Firstly, you’re not actually cutting into the profit margin, (like the current minimum wage does) you’re giving them a choice between protecting outlandish executive salaries or dropping those salaries to pay their employees better, which will make their job offers far more attractive. Now companies get to pick and choose the best job candidates rather than struggle to find anyone willing to work a crummy job for a non-livable wage.
Secondly, it pushes a more efficient business model. Far greater employee loyalty and retention. Less investment in hiring and training new employees. You have less need for a bloated upper and middle management structure because you have employees that stay long term and value their job. They don’t need constant supervision. It encourages a more streamlined structure.
This would also not directly contribute to inflation because you can still afford to produce the same goods at the same cost. But it would vastly increase the population with extra disposable income, which would potentially increase sales dramatically for all businesses.
It’s not perfect, but I think it’s far better than what we’re currently doing.
the term "spoiled" is interesting considering in order to survive your going to need more than $10/hr in this day and age.
I was rejected for positions with job descriptions that basically looked like my resume but with my name taken off, and one or two points of experience short. I was eventually selected for one that basically matched my oddly specific combination of skills, and the manager admitted he didn't want to go through the trouble of training new hires. Ridiculous.
Im graduating with a degree in software engineering in a few weeks. I follow the 80% rule where you only apply to jobs where 80% of your resume matches the skills and job requirements. I also have had multiple internships, a few notable projects, 2 years of relevant experience, a relatively impressive resume, and I am still getting turned away from every "Entry level role"
Its depressing, every rejection letter goes like, "Although you have a very impressive resume, we decided not to move forward with you"
@@TrekStar11 I have 8-9 years of industry experience if we don't count the years I was studying. I got hired as I wrote my last exams for my first job without a proper interview due to being a top performer in uni. Only ever did 2 interviews after that where the first one I was referred be a former colleague but didn't really want the position as I was happy in my role at the time, and the second one I really liked the company and benefits offered and just applied as a shot in the dark and landed an interview and got hired.
At the end of last year I was let go due to the financial difficulty in the company, so this is the first time I've had to do a job search in earnest, and I've had a shockingly similar experience to you. I get lots of recruiters periodically spamming me on linkedin and lots of positive but ultimately fruitless responses to the job applications that I do eventually end up getting responses to, but I haven't landed a single interview that wasn't with an external recruiter, even for jobs where people who know and have worked with me have tried to refer me in.
@@TrekStar11 I worked at AT&T and they appeared to only hire from India for software engineering roles. That's all I saw in the department. Everyone was on a visa. I then worked for two smaller tech firms and it was the same thing. I saw no Americans. All of the workers were from India, Africa, etc.and they were all on Visas. These companies are intentionally not hiring American trained software engineers.
There's this one great trick companies can do to keep loyal experienced employees. Pay them more.
And train them, the fact they wont train you, mean they are not loyal to those under them. Expecting loyalty and having none to give.
Not only that, give them health benefits if they want to keep working.
To hell with the pay. What about communication and honesty? Get your priorities straight. Besides, profit suffers when reputation does. Good or bad honesty will always be honest. An honest reputation can be why hostages remain alive when a tyrant gives their word. Once you lose an honest reputation though then it's very hard to bounce back from that. Make sure the companies realize that somehow. Their self image is what they're concerned about. Use that to your own advantage.
Reasons : 1. Experience required for entry level positions which is the dumbest contradiction ever. 2. Lousy pay for work put in. 3. Many of the good jobs are in high cost of living areas which means you need a long commute or be prepared to never having any savings.
Not even just entry level jobs but internships as well. There’s almost no way to start from ground zero even if you’re committed to learning and improving.
@@Window4503I saw a job offering that stated that internships were not experience. I guess some higher ups are so used to not training their interns that they don't see any experience in the time.
Imagine dealing with that crap for months with no pay, just to be told that it's not counted.
Gotta lie. If you can't lie you're screwed
Yeah which is why it makes NO sense to keep low balling people. We cannot even afford to live with the minimum wage. Pay more, create a happier workforce, therefore leading to more productive labor.
Shame californias inflation also matched the minimum wage because that's how that works.
Maybe if they werent doing so much stupidity all the time and lowered taxes a bit they'd be alright. I mean between the fed and cali their net tax rate is over 50%. So out of that 25/hr they still actually work for roughly 12.50, just with extra steps.
"Great for companies that want loyal workers."
Loyalty is based on trust. Companies want employees who are afraid to leave, not loyal enough to stay. They want hostages. And people think it's the workers who are spoiled?
Asking to have the lifestyle and income you had 5 years ago isn't spoiled. It's called common sense. If your company doubled it's value in the 'hard' times, there's no reason to expect your standard of living to slide back.
Right it's a big joke at this point
Ironically enough, (at least in America) the economy is doing pretty well but it feels like the economy is going to ruin to the average person because workers are underpaid while groceries and rent keep getting more and more expensive.
@@genericcatgirlyes and no. Only around 50% of America is over that threshold, including all ages. When you think about it, that's incredibly bad. This country is reaching a boiling point and fast.
@@genericcatgirlIt's gotten to the point where buying a house far from town and accepting a longer commute is a cheaper option than renting. My rent went up by $200/mo this last year for nothing. "Adjusting to market rates", bullshit.
@@genericcatgirlthat's exactly right. They're looking to fragment and destroy full time work so we are all gig worker cogs living precarious lives. I can't take this shit anymore.
This is not only an issue in the US, it's the same here in EU as well. Companies demand a ton even for junior positions, but they don't want to train people or pay a proper salary or benefits either. It's a fricking joke.
Then they say they only want to hire people with experience, hire some one internal and that they don't want to take you by the hand
@@Liitebulb But be careful. Don't get too much experience or they'll not hire you because you're too expensive.
@@Liitebulb "job for high school leaver, must have 30 years industry experience". Or a personal favourite from Twitter, company advertises for 5 years experience in a particular programming language, the creator responds "I only released it 4 years ago".
Same in Latin America. No training, recently in México the government had to fund a program to pay for the training of young workers (18 to 29 years old) as companies are unwilling to do It.
They were doing that already offshoring isn’t exactly new. We’re all going to be replaced by ai anyway in the end will that set us free or will we become the chattel of the bot owners? I think we sadly know the answer.
It's like everything is against you. You have to go to college FOREVER to graduate and still be a nobody. It's a super flawed world.
r/dodgedthatbullet ... I always knew it was a scam. Always. The minute those college turds started harassing me, telling me they "Will help me choose a career," I knew flat out what they were after.
lol not really
@@TheWalamala No, kind of really. It's not really a funny topic, and it seems a little inappropriate and disrespectful to be laughing about it.
So glad I dropped out before going into debt
Every day I am so glad I dropped out before I went into debt
People want jobs they just don't want:
To have to kiss ass all day with plastic co-workers, and be expected to joint their cliques or get gossiped out of your job
To get paid so little they cant do anything but live in their car.
To be promised a vacation that they're never allowed to take
To be paid late for any of 10,000 excuses
To be expected to work 7 days or be considered a loser that doesn't care about 'the team', people need time off, period.
To be called in while spending time with family on a scheduled day off
To work for 8 hours with no breaks or food. Yes, that's real.
To be cheated into doing someone else's job, just because they're new and technically can't say anything ...yet.
To wait 15 days for a paycheck
To be told how replaceable they are every 5 minutes
To have an economic gun to their head saying "DO IT, OR STARVE AND FREEZE TO DEATH"
You can say this is just how the world is, but that won't make any of this more right..or sustainable. So, if it's not sustainable enough to make a meaningful difference in your life, then (and I know employers won't understand this) WHY TAKE THE JOB IN THE FIRST PLACE.
Just because I'll starve to death if I don't? That's all the motivation you have?..nah I'd rather starve quick than have my soul starve slowly over 40 years of working for you. Thanks.
I have suffered with this strange phenomena of companies who are “desperate” for workers, but then treating each and every new hire as the most disposable piece of trash. Have even had companies reach out and ask me to come back or why did I leave? Ummm because the insults and death threats were not something I am willing to take on for a paycheck. 🤦🏾♀️
Guess those death threats and insults were considered extra "benefits?"
if you're getting death threats, you need to report that to the police and more.
"companies who are “desperate” for workers, but then treating each and every new hire as the most disposable piece of trash" -- I'm in exactly such a job right now, minus the death threats. On paper, I love my job, and it would be perfect if I got more hours. But as it stands, I'm a part-timer with a degree who is expected to basically squeeze 25% more work into the paid time I'm given (no overtime), and I'm treated like a unpopular intern. Several departments constantly have "little side tasks" for me, and whenever I decline because I simply don't have the time, they get mad at me rather than sorting out a workable schedule. Gawd I hate this brave new world.
im so dead serious I had applied to nordstrom 5 years ago, keep in mind I have had 2 jobs since then, and they just reached out to me for an interview. LIKE HUH???? I APPLIED TO YOU FIVEEEE YEARS AGO. I DONT EVEN LIVE THERE ANYMORE😭
@@naefaren3515 well, I have a statute of limitations… I'd rather file a report once I move, and I'm no longer at the address that they have on file you feel me
Let me guess, $50,000 a year in an area where a starter home costs $500,000, requires master's degree and 10 years of experience.
$50,000 can barely afford apartments in certain metro areas.
You need at least $65-75k
I'm telling you we're headed to 100k a yr being the minimum income in this country. Shit is becoming too expensive and the dollar is worth less and less. It's absurd how the more you make the less it's worth. Even saving money is stupid you NEED to gamble (I mean invest) just to make it worth.
@@BeyondAIR15that's how it already is here in the Bay Area. My girlfriend and I both make around 100k and it's really the bare minimum for somewhat comfortable living here. And fuck if we'll ever be able to buy a god damn house here. Houses keep going on sale in our neighborhood for a minimum of $1.2 million, and those are tiny, old, broken down houses. This just happens to be where all the cool jobs are too
I just saw a Security Engineer level 3 position offering $20/hr. I'm going to apply and curse them out if they call.
When you treat workers like they are a paper cup which can be thrown away; when you have no basic respect for a human being; when all of corporate America really just wants a slave workforce.
Workers are disposable. I own the company and can be replaced.
So me wanting to end the 2 years of homelessness and hunger while dealing with increasing costs of food, shelter, gas, tuition, etc is being considered “spoiled”?
Meanwhile democrats are giving illegals free everything! Free housing, healthcare, money, dry cleaning, clothes, furniture, transportation, day care, etc..
There are three reasons I've found myself while looking for a job:
1. most jobs that are open are low quality low paying jobs, but quality is not taken into account with stats
2. a lot of companies are looking for the perfect employee and aren't willing to settle for 99% perfect
3. a lot of job openings are fake and just out there to sample the pool of employees
Some job adverts are for fishing for CVs so the agencies that place them can headhunt
Great point about low quality jobs. I'm unemployed and recently applied for a job that pays £3000 less than I used to earn over a year ago. The actual job description is quite a good match to my skills and experience so would be far better than being unemployed but the salary decrease is a bummer
Ime companies simply don't train people even when in the job!
Also add in the fact that jobs that are available may not be in the area where unemployment is higher.When a small company closes in a rural area, it’s sometimes the largest employer in town or county. Those people can’t just up and move hundreds of miles for a new job in a city that cost twice as much. And still make the same wage. I’m not even going to mention the people who will never be employed because they’re unemployable for any manner of reasons.
It strangely feels like employers and companies have become like the dating market on social apps...
Always hunting for the top 10% while giving no effort themselves.
@@eafesaf6934Hah! That analogy is exactly what has crossed my mind on a few occasions!
Applied to over 170 job listing over the past few months, from manufacturing to service. Got two interviews and in both they didnt even pretend they were listening or cared and never called back.
No clue what people are meant to do anymore. Almost everyone ive spoke to about this says similar so I dont think I am alone in this.
It isn't just you. I've been looking for months now and there's really nothing out there unless you want to drive on the interstate every day or flip burgers.
I was like you when I first started, so I lied about experience to get an entry level job, I learnt on the job and did well. Also never got caught. But you gotta know what you’re doing for this to work. I don’t feel guilty at all for lying. Gotta do what you need to do to survive, and if companies will be unfair and unreasonable, then I will play dirty and cheat as well, and they have no right to complain.
If people far more skilled than I am are having a hard time finding a job judging by the comments then it's hard not to feel like there's no hope for people like me who are just trying to start their careers in the first place, at one point I was so depressed by the requirements most postings required that I just gave up for a while and now I have to deal with the resume gaps I have while figuring out what to do next.
AI will probably make this worse and I wouldn't be surprised if the people benefiting from that don't care at all that a lot of us might end up in the streets and starving to death because of it.
@@LyricsInTheSkyI cant even flip burgers atp like im at a loss
@@monus782YES! I hope your doing okay. I am in the same boat as you right now. All we can do is wait for something to happen im assuming. I really dont know at this point anymore. No one has answers for anything. Most people are saying we are going into another silent depression and they havent said anything because they dont want anyone to panic. Its whack. I dont know how we are supposed to do anything rn. Everyone is barely living or is starting to see the struggle no matter what class or income you make.
There may be a 4th reason for ghost job listings that's batsh*t insane and disrespectful:
I work at a large fortune 100 financial services company and recently found out that in order to promote anyone, a job position needs to be opened for the role, and their manager needs to interview and compare applicants to the internal candidate.
This means they either avoid promoting altogether due to very limited time, or they promote after doing half-hearted interviews that they don't really intend to go anywhere unless the candidate is truly exceptional, in which case they'd just gather the data for a future real position.
Either way it adds friction to promotion to suppress wages, and gathers data as a bonus.
Don't know if this is universal, but I would not be surprised given how much large companies like to copy management strategies indirectly by consulting agencies.
I'm in the UK and I believe that some government jobs have to be advertised for external candidates even though they have someone lined up internally as a shoe in
Yeah, if you’re a manager and want to promote someone there’s no way in the world you’re going to go with the external applicant. Not only are you rolling the dice on an unknown outsider over someone on your team who’s doing a good job, but you’re practically begging for a toxic team and turnover when one person feels slighted and the other is the “F-ing new person”.
@@skyblazeeternoI can personally confirm for the California State Universities, they do this. Found a job posting while looking for on campus jobs that fit a professor of mine's resume and then they announced his promotion like a week later. The requirements also seemed oddly specific like 10 years teaching at California State University. Not teaching IN GENERAL, but teaching within the specifc university system.
You sir, covered papers worth of questionable ethics in three paragraphs!
Exact same thing applies to universities. They know who to hire already, from within or outside, but must post a JD in the usual places knowing that all candidates will be automatically tossed. I personally know someone with magic powers who cheated that system and was given a job at a major university, but for almost everyone else, it'll be a time wasting slog through many ghost jobs of type #4.
I was at a job fair last year and the kid that was interviewed beside me had 7 jobs in 2023, I heard the guy ask him why he didn’t include an education section on his resume which he replied he didn’t go to college, the interviewer told him he needs to put his HS information at least but anyways they had a job offer for him. Me on the other hand had the same job for 19 years and I went to school and they turned me away. It was a real eye opener. Im still looking over 4,000 applications later.
Was he handsome ???
His resume clearly showed that he was very easily exploited and manipulated.
Learn from him what works. Leave out your degree. It is often a red flag suggesting you have debt so may not stick around when you realize you are underpaid due to 5M new grads flooding the job market each year.
Blue collar is always hiring if you don't look too fancy.
🤔 Why don't you try adding in a few extra fake jobs on your resume?
When i was a teenager starting my first coffee shop job my dad told me, keep you expectations from the emoyer realistic, good companies dont hire, they keep their experienced employees with good pay.. Its a simple yet very good advice, to this i added, work as much as they pay, deadlines more often than not are not serious, especially for teams who lost people recently, which is the standard in tech where i work
Double emphasis on Deadlines not being serious. Deadlines can almost always be pushed back- if someone in a corporate world is trying to get you to work harder or faster to meet a deadline, the correct answer is to tell them to sod off. Politely and professionally, of course.
@@aceofspades9503 if deadlines were so serious, we wouldn't have days filled with useless meetings where we hsve to scratch c-level balls for hours per day where no work gets done, if you want to know the progress we did, you can check our chats/folders/emails/intranet boards, ask our managers/directors/heads or ask us directly, any of these methods would allow more time for us individually to be more productive but then you wouldn't have the all hands meetings where we pretend to like you just how you pretend to know what we are working on.
This a big problem in New Zealand and Australia. I was talking to a friend about this a few weeks ago. Her company lists jobs on external sites, and the job descriptions list in-house software skills as an essential requirement, even though you have to have worked for the company to have used their in-house software. Basically, they're just trying to make it look like the company is growing and needs more employees when it doesn't.
If I apply for a job I'm fully qualified for and they mess me around, I refuse to buy products from that company again. We have to start boycotting companies that mess people around so they learn to treat people better.
Or they are willing to accept someone who is "underqualified" and use that as a negotiating tactic to drop the starting pay. "You'll get a raise once you get experience with the software" but the raise never comes through.
Correct, stop shopping where you aren't hired/welcome.
This is really true in IT. They can make software experience so particular that only 1 our 100 applicants can fill it.
FACTS. They are not there when we need them. Why should we bother improving their bottom line?
I've had many job interviews just in 2023, and judging by how the interview process went and all the research I've done, these employers are just wasting your time on purpose. If your interview is just a few people with a clipboard in a conference room, then they are not there to hire you. If someone was truly giving you a real interview, then it would only be one person ready to fill the paperwork to hire you. Some employers will have a computer ready on your first day with several other people in the same room, and that is another sign that you're already hired. The normal hiring process is just you and an HR person in an office room that pretty much means you're hired. If you see a group with a clipboard or just give you a million questions, then leave. All these employers have adapted bad hiring practices that leave millions jobless, and it's getting worse. It is increasing homelessness. There are also videos on RUclips that are saying these companies are doing this on purpose to purposely increase unemployment, which is a bad sign that we're screwed.
And of course I’ve heard over and over again how resume gaps longer than a couple of months will make you unhirable so maybe that’s another reason they’re wasting people’s time on purpose, but what benefit do they get by throwing millions into unemployment and ultimately homelessness though?
@@monus782profit. Capitalism is killing us.
@@monus782I thinks it just a side affect of practoce not the intent. They refuse to train you so unless you teach yourself or was able to get an internship, you will not get the job. I am at the point of just deleted my resume and creating my own company. Tech is actually tough to get in even with a 4 year degree. It comes down to knowng a guy or gal in tech or compete with the job you want and once you have money, hire people you train to break to cycle.
I would have agreed with you, and it may be true in general. But the job I was hired for this time had a ridiculous process of interviewing multiple times with different levels of people, and the delays were annoying and pointless, and onboarding was a chore. But it was a real job. I think the legit hiring is taking a cue from the appearance of the fraudulent hiring. If a big company does something, everybody feels like they have to start doing it.
@@monus782 Maybe they don't need a purpose? Or maybe the purpose is not something that makes sense to me and you. HR people might need to be constantly busy to keep THEIR jobs, for example.
I'm 33, and have been looking for a job for about 3 years, doing small projects and living with my parents to keep from being homeless. I am sick of them saying "Everyone is hiring, when over half the ads are made by ai, overbooked positions, or things I'm not qualified to apply for. There are no jobs, especially in the rural area I live in.
My last intwerview, they canceled all interviews that day, and the store looked pretty well staffed already. This helps understand why.
"Companies cant pay well" Yeah right, thats why they keep bragging about record profits...
"Can't, or won't?" "Either!"
@@wiimoodenPeople and companies need to stay out of the red.
@@wiimooden so they will cut your wage when the company is in the low but not rise up when they at the high. Why not just ad a company performance bonus?
Infinite growth has come at somebody's expense and the one percent sure as hell ain't gonna pony up
@@MyAmpWampGreed or they need reserves to survive.
I remember applying to some jobs like 1-2 years ago, getting a rejection or hearing nothing back, then going and seeing that those job openings are STILL open. I'm just like "is it even a real job? Has this job just been sitting open for years now? Is it always open". It's like being in a Kafka novel sometimes.
... because it bugs me! HAR HAR XD
Kafka on the shore! YES!
Think about it like a modern woman looking for a man. She'd rather be alone than have a guy that isn't perfect on paper.
Freakin' Kafkaesque
This just happened to me. The AI rejected my resume' and said others hired. 2 weeks later, same job advertised on Indeed.
The premise of the video title is wrong: companies are not desperate for workers, they are desperate for CHEAP workers. They want to continue their exploitation of the labour market and are abjectly refusing to do the simple thing and pay people for what they're worth.
Don't you think the market does a pretty good job of determining what people are worth? Also, why are you blaming companies? The liquidity injections by the federal reserve - and the insane stimulus packages from the federal government - spurred inflation and created a labor bubble that companies are currently hurting from.
I'm not saying they're innocents, but they're also just responding to market conditions created by the regime.
Also, US dollar hegemony is arguably coming to a slow end here if you look at the situation with the SAUDIs and the BRICs progress - which will further reduce US standard of living.
You can't just boil down these complex situations into "companies exploit, ye muh marxist philosophy"
@@michaelheyn2484 You got a very non-subtle way of not being able to entertain multiple truths at the same time; I can point out capitalist exploitation without simultaneously advocating for Communist ideals.
"The market" Is composed of private companies, which first and foremost exist to make profit for their owners, executives and when it comes to publicly traded companies, shareholders. Evidently, the value of labour is as low as it takes to retain that labour. Workers' perspectives on their wages, their happiness, their quality of life and what they can buy with their wages are all multiple levels of priority lower for the business than their bottom line.
So in the end, the market has been doing a fantastic job of making money for those at the top. That is what it was fundamentally designed to do in a system that chooses to forego some key reasonable regulation (eg. far lower capital gains and corporate taxes than individual income tax) and worker protections.
@@michaelheyn2484 _"Don't you think the market does a pretty good job of determining what people are worth?"_
*No.* For many reasons, not the least of which is that companies play "hide the ball" with information and actively discourage workers from revealing information like wages & salaries. In addition to the general cultural tradition of frowning upon discussion of such topics.
Business have much greater access to compensation info than private individuals do. They won't even reveal what an advertised job pays!
@@michaelheyn2484as a staunch capitalist the market is generally great for many things, and I’m not advocating for any government reach when I say these business owners will spare any extra expense they can and american business owners/managers/HR are clueless and entitled af. You don’t need to be a marxist to understand that business owners will pay you as little as they possibly can in america.
Of course. That's why they manipulate the market. The wealthy after all effectively control everything, including the government.
I know of companies (not mentioned here) that are advertizing hundreds of job openings, yet have hiring freezes in place--and when people leave--they are not being replaced. When I was looking a few years ago, I also had MLM insurance co.s, car industry, and "social media marketing" jobs call me for interviews. None of these were full-time hourly, or even salaried positions--commission based only--which is not really a "job."
Same here
Honestly a lot of these problems seem to stem from practices that are definitely shadey, underhanded, and unethical being allowed to just... happen when a lot of them sound like they should absolutely be counted as some kind of fraud.
There needs to be regulation, auditing, and enforcement to stem this flow, because the truth of the matter is there's very little that'll naturally change this trend on its own.
Capitalism is a good system in theory. When it's allowed to run with no guard rails it leads to unethical behavior because that's what is most profitable. Over time companies do what ever they can get away with. The people at the top are there because they are the worst kind of people that have no problem exploiting others. Just look at who we hold up as heroes in the last 20 years. The system needs an overhaul but the people at the top are smart enough to create endless distractions through lies and misinformation to prevent the lower classes from working together. It's evil and brilliant at the same time.
Yea I’m tired of capitalists having control over our lives like this. They’re playing games with our lives and we’re told we have to just accept it. F THAT! We need a new economy system that actually works for the people and doesn’t allow private individuals to play games with millions of people’s lives
Google “Worker Opportunity Tax Credit”. This is a tax credit that basically pays a company up to $10,000 to hire workers from certain eligible groups. The issue is that the company can fire the worker after a few months than hire someone else for a reduced tax credit. If you’re a company with thousands of workers you can make a nice profit just by hiring and firing throughout the year.
And all we get is indentured servitude
I’m sure there’s plenty that’ll change and actually Jonathan but people aren’t willing to do it
Reason #0 why companies post ghost jobs: it's legal. Let's fix that.
How? We already forbid hiring foreigners to fill positions unless no one local is qualified, and all that does is incentivize them to make ridiculous demands so that they can hire a liar from overseas.
Exactly, logancade.
Legality?
LoL these job boards could be raking BANK on these ghost posts.
Charge them on longevity of posts, past 2 weeks, increase the cost by double per week
Even if you made it illegal, the burden of proof is still on the prosecution to prove the position was a ghost job, and they’d need reasonable suspicion that the job was fake to get a warrant. There’s a 0% chance that someone is going to sell a judge on the idea that a business is actually posting fake jobs unless they’ve already received a tip-off that it’s occurring from a whistleblower, which means very, VERY few companies would ever get prosecuted.
@@cpK054L Nah, "the free market will save us" is a joke. Upping the rates on job listings for companies that have BILLIONS of dollars is a losing strategy no matter how you slice it. You could hike the cost of keeping the listing up by 3000% after 2 weeks and it'd still be a drop in the bucket to these guys.
As a laid off worker I'm feeling this too. What I find appaling is the number of jobs (skilled jobs) that requires a long list of skills plus post graduate degrees that then pay $15 an hour. These unscrupulous companies do this because in order to get a foreign worker on a H1B visa they need to prove to immigration that no-one in America can do the job by advertising the open position for a month. This happens so often in the tech industry.
Sorry to break it to you, but this is deliberate and by design so the company has plausible deniability when it claims it can't find qualified applicants.
Same thing is now happening even in agriculture (for Jobs commonly done by Americans that is, not just stoop labor in crops where the workers are almost all migrants) since there is an agricultural guest worker program.
@@JoseLopez-tk4tq Essentially yes, that's in order to have an excuse not to accept an internal applicant.
It is happening here in NJ with the public schools. For years they have tried to get around the NJ residency requirement by saying they couldn't find a qualified applicant when they posted for it (this was true in a handful of cases where they needed say a science teacher or special education teacher) and wanted to conveniently hire their friend/family member who lived in PA. The state started requiring that the school admins turn over the application pool to prove they couldn't find anyone well a regular elementary classroom teacher posting would get up to 500 applicants or more and a state senator called out an admin saying, "I am just browsing through some of these 500 applicants credentials and I am already seeing within the first 20 or so at least a dozen applicants who match the requirements. Are honestly telling me that you screened and interviewed among this 500 applicants and couldn't find one candidate that worked? I don't believe it." Now the NJ public schools are saying they can't get teachers to say (things have gotten worse since covid) and want to hire college students. The real reason is so they can pay them less money. I went to graduate school to get my teaching credentials and many districts told me to my face they didn't want to hire me because they would have to pay me more (in some cases it was less than 10% more than someone who had only a 4 year degree). It's all about getting cheap labor so the admins can line their own pockets. They can't afford to get supplies for classroom teachers like pencils or papers but they will hire a friend or relative for some bs job that pays 100k or more a year.
Companies are getting more and more crazy. They either want to underpay overqualified candidate or they do not want to give any job with people with no experience
The bit about people working for two years then quitting to find better paying work is literally what I’m going through right now.
I got a degree from college that taught me literally nothing relevant to field of work I’m in. Learned so much within five months at work compared to five years at school. Now that I have two years of experience under my belt, I can confidently go to another office that would pay me more while working less. It’s a blessing because I can finally leave a town I’ve been trapped in for so long.
If your boss has the boomer mentality of expecting loyalty until you die with a shitty wage in this economy, remember you don’t owe them anything and should look out for #1.
after applying for 100s of remote jobs and not getting any interviews even though I am qualified I started to wonder if they were just stealing my information . Checks out that is true
that's very smart thinking, because if they acquire enough personal information from enough applicants, they can package it up and sell it as a chunk to marketing companies for big bucks. If that's not illegal, it should be. No one else in the comments has mentioned this!
Just how and where would they sell your information? I am on the do not call registry so when I can scam calls I block and report them.
@@littlesongbird1 you agree to terms and disclosures by submitting applications and joining “talent networks” . Easily overlooked .
well frick
@@littlesongbird1they sell your data to data brokers for big bucks. Advertisers wanna know all about you to try and sell you stuff
we weren't being "spoiled". we were being paid what we deserve and now we refuse to accept less bc companies have proven to us they *can* afford to pay us that much. they just don't want to
7:04 companies can MOST DEFINITELY pay higher wages, and the cost of living has gone up alarmingly high, so its not being spoiled, its a paycheck that can actually support a person
I think the biggest problem is how much tax employers and we have too pay!
I recently moved to an area that has super low welfare, so employers here can also pay next to nothing because they know people either work for little or starve to death....makes the decision easy, work 10 hours a day to barely eat or literally starve, good luck if you also have to pay rent.
It's all about additional profit for the company not the employee
I’m 21 and I’ve been trying to find a job for almost a full year. Honestly feels like a waste of time at this point! I’ve started my own small business in the mean time for money, getting certifications as well. Yet everyone older than me said “you can switch your job easy!” “You’re young so you’ll get hired fast.” That was not the cast….at all! This has been the most annoying and difficult year of my life…
I'm 21, too, but I'm currently doing an internship while studying to get my degree (finals years of college). Even tho is just an internship, Jesus, the amount of stress I'm going through because I'm sacrificing everything to do a good job, TO KEEP MY ONLY JOB, I'm going crazy. Seriously, this should be just an internship. They are stressing me out like if this was a real job! Fml, I'm even doing extra time without the extra paycheck because it is just an internship... being jobless suck but being employed also sucks, I just and to die
It’s absolutely ridiculous at this point!!!!!
Same thing for me. Been applying for a year.
What do you do in your small business.
One thing you failed to mention is that these companies are intentionally appearing to hire to appease the current employees complaining about being overworked/needing more help. If the company appears to be searching for help for current employees it keeps the current employees from complaining short-term and more easily exploitable until said employees catch onto this game that employers are playing.
He did mention that, actually 😅 8:36
@@readmachine18 Yeah I was about to say that was explicitly one of his points
The videos are packed with good info and go fast, it can be easy to miss but if he made them longer or slowed down it might not be as interesting to some, it's a balancing game...
It does not keep us from complaining though. Ironically it just reminds of how understaffed we are to the point of more complaining.
We've already caught onto it, but for some reason they keep doing it anyway. Maybe it makes the hiring manager feel better. Even if overworked, stressed-out workers still aren't going to quit until they A) find a better job, or B) are in a good spot financially. With this in mind, I'm not even sure why employers bother playing the game. Why expend the effort?
I can confirm, I have been having the absolute WORST time that I have ever had, by thousands of longshots, finding a job this year. It's been ridiculous. I feel like I've been scammed at some points, ignored at other points, and when I do find one, for some reason it takes weeks to get anything accomplished, and sometimes it ends up not working out and I don't get hired. -_- I dunno what the heck is going on, but things need to get better.
It took me a year and hundreds of applications to get my current job. I'd recommend recruiters.
@@myronbourne6937 Yeah, about that... I just got denied a job, after working with a recruiter for two weeks, because of my credit score. >.< Just because I owe credit cards lots of money, because of COVID btw, I don't see what that has to do with my work ethics. They didn't even ask me why I owe, they just denied me. >.<
COVID marred my life. I couldn't get a job anywhere for almost 2 years because of it and I had to use my credit cards to pay my rent and bills, and now since I owe so much money, I can't get a job?! Witaf is going on nowadays? I hope this doesn't mean I'm unhireable. Is this one reason why so many companies and staffing agencies were giving me the runaround all year? This has literally never happened to me before COVID. Something terrible is going on and something needs to change, quick. No matter what, I still got rent and bills to pay.
Having a job they want you for just disappear means they offered the job to someone else, but if they turn it down they can offer it to you … unless they did that to other people also. So if it disappears the first person accepted it.
@@fredworthmn If the job was taken, they usually let me know. Several people have ghosted me this year though, saying that they had a job for me, and were waiting on confirmation from the company's HR on that job, and they kept saying they're waiting, and waiting, and waiting, and they finally stopped responding to my texts or emails.
Then there was the remote job I applied for earlier this year, went through a whole interview process, and they told me they were going to mail me the equipment I needed to start the job. That equipment never arrived, and when I tried to talk to the person I had the interview with, they ghosted me. I never heard from them again. >.< Idk what some of these people are trying to pull, but it's super frustrating. It all felt like a scam or something.
Last year 2023 was my worst year. I was jobless for months and nobody wanted to hire me. I was from seasonal 2 month jobs every now and then but managed to make it throughout the year with unemployment. I've been working for years and never had such difficulty finding a job as today. I asked around friends and some coworkers about it and they also were struggling to find a job. I don't know what's going on but it seems it's just getting worse.
I work for a company that claims to love “promoting from within”
I’m apparently one of few people who have worked for this company longer than 2 years, I’ve seen SOOO many people come and go, dozens, a few get fired, most quit after they experience the BS that this company engages in, I won’t go into specifics but suffice to say the level of chaos in this company is just not necessary
Is it CDS?
Sounds like Lidl.
@@servalferretraficante4016 Nope, but does it matter? Too many corporations in America and the world LOVE to preach "one big happy family" BS and "promote from within" nonsense and not deliver, it's just bait to get you in and fuck you over
Almost sounds like a goodwill especially the one I work at.
oh my god "one big happy family" i think i know who you are talking about. its isnt kimely horn is it?
In the 70s we had good paying industrial ,union jobs but Mr. Ronald Reagan thought that we should export this work and become a "service economy", well how did that work out?
Remember trickle down theory? Just a code phrase for charge less taxes to the wealthy
And then Mr. Bill Clinton signed NAFTA that outsourced the majority of these jobs overseas and lied and told the public, don't worry other good jobs will replace those. That never happened.
That’s what happened to Dayton when W was in office. All our manufacturing left and was replaced by malls and restaurants. Then so many people were leaving the city became dependent on illegals to try and fill the loss of income. Complete clown show.
HOW did it work out? Maybe we haven't seen yet. If it's that "race to the bottom" we keep hearing about... we might not BE at the bottom yet!
I applied to dozens of jobs when I became an adult, and dozens more a couple years ago. I've worked for myself the entire time because finding jobs is just impossible. They don't even respond to tell you "No.". It's ridiculous.
I applied to over 1,000 jobs last year and finally got one. Some jobs said they had over 1,000 applicants.
I applied to one job and had several interviews for a company. Months later I was talking to the CEO (it’s a small company and he was the biggest salesman) about how they didn’t hire me, he said they were never hiring.
How do you work for yourself what do you do.
Hiring managers can be ENTIRELY brainless too. I heard of a job for programming in a certain code, likely something to do with apps. They wanted 5 YEARS experience. The language was only developed 2 YEARS AGO. I saw an ad myself looking for something with 5 years experience MAKING SANDWICHES before you could get the lunchlady job.
I have a team in Bangalore India who has 5 years experience in a 2 year old language
@@timothygibney159 how the hell? how is it possible? fake experience in resume?
@@pramod8838 Hire my team for 1/2 the price of one person
@@pramod8838 Or it's that BS managers like to do where they have 100 people in a room and add up all their experience and say "We have 150 years of experience in this room!". It ignores that the first part of your experience is largely learning the same basic things everyone else does. There's too much overlap. It's pointless.
I applied for a job a a school because it was listed. When I inquired about my application, they said they weren't filling the position, just posting in case they ever need a person for that role. Waste of time.
The advantage of having a job over risking having your own business was the stability.
We never know when the next massive lay-off is happening. Salaries are decreasing instead of raising, and that if you can keep/find a job in the first place.
Companies are forcing us to open our own business for the lack of a viable alternative...
It is fascinating how some of those job posting practices are not considered illegal, given how they are used among other things to mislead investors, which makes sound suspiciously similar to cooking the books.
Actually I think you have something there..
That's exactly what I said to myself during that part of the video. Yes, It is most certainly cooking the books.
"Why can nobody find a job?" TL;DR: Companies are evil.
As someone who has been at the same job for four years now, and is relatively happy and comfortable with my work, knowing I ABSOLUTELY have to find a new job or I'll be left behind financially is incredibly unpleasant. Job hunting isn't fun, interviewing is stressful, training for a new position sucks, getting used to the social dynamics can be challenging, and having to change up your commute and daily routines is tiring. I gotta say, I really hate this new trend of "we don't reward loyal employees anymore".
true, honestly panhandling for a year or two seems more appealing than interviewing
yeah and the worst thing is we depend on jobs so life forces us to go through torture like that non stop
Almost 33 years of loyalty and hard work, and I got kicked in the teeth by my employer so hard it broke me psychologically. I wish that was an exaggeration. My counselor (whose husband works for the same company in another location) straight up told me "You have PTSD." I was like "No way, that's only for veterans and trauma victims" but at the same time I was like "That explains a lot." She says it wasn't this last incident, but the last three decades of mistreatment. "Dripping water wears away stone." Only reason I didn't bail a dozen times over was health insurance. Not just immediately, but if I quit one day before retirement, then I got no health insurance post-retirement./
The application for the programmer to have longer experience with the program than the creator is one of the earliest ghost jobs. Not even the programmer who made the program had the experience since it was recently released. And only because making the program doesn't always mean the programmer remember how everything works.
@@eskaban_edits_beats_and_more Well productivity, innovation and hard work is how the human race got so advanced as a species. But employers treating their workers like crap is wrong I agree but other than that the world wouldn't be advanced nor humanity if people didn't want to work hard for something.
This is just another case of if those who always eat first(The shareholders) aren't happy, then no one else gets to be happy either. I say this all the time at my job and quite loudly in fact. There aren't really any companies anymore that give a damn about their employees, they're just beholden to their almighty shareholders and the stock price. Just more grade A, organically grown, grass fed, free range, top notch bullshit.
To add another layer to that, not only do companies not care about their employees, but they also don't care about their customers.
Like you said, only the shareholders matter.
Companies need to focus on their products and profitability again. Instead they make wild decisions to spike their stock values temporarily and they ruin the economy
Agreed. I have had many jobs, some for multinational mega corporations and some literal mom and pop shops.
There is exponentially more bullshit with mega corps, the bigger the company the more Bullshit. The trade off is that the benefits are usually better.
My last job working for a very small local company was great. I received bigger raises more frequently and as the company grew the benefits became better and better.
It's all about getting the wealthy more wealthy... so they have so much money they wouldn't be able to spend it in 1000 lifetimes.
What a great system to be apart of... so glad I get to help these people achieve their dreams.
Shareholders don't even really eat, most companies don't issue a dividend. So how do shareholders eat? When a company does well that doesn't necessarily mean the stock will go up.
How the hell did companies over hire during the pandemic? Everyone I know got put on skeleton crews with 20-30% of the work force being removed and we all got fed a line about how they were looking for people, positions were open, and mysteriously nobody got hired. Oh, and they posted record profits. I'd say we have about another 2 years of businesses running on skeleton crews start to have heaps of unexpected costs due to things not being done properly. (Maybe things like airplanes failing, a lot.)
Those "we created 400,000 jobs last month!" announcements never ring true to me. It's all smoke and mirrors and based on self reporting. A job isn't created if it doesn't really exist or is never meant to be filled.
This is a very underrated comment, and I hope this gets more traction. A LOT of investments and speculation on the whether the Fed is going to raise or lower interest rates... and the Fed tells people they base this in part on job reports. So there is a certain amount of incentive to bloat that number or shrink that number on command and big companies benefit from the Fed having this relationship with them.
People should not hold out hope their government will regulate this when their government benefits from manipulating this system too.
Ime companies talk bullshit so the vacancy figures is inevitably false
My favorite was when the US government made that claim in 2021. The jobs were from people who had gotten fired/laid off due to COVID going back to work; they didn't create anything!
Not counting unemployed people as unemployed is a go-to move when a politician wants to "solve" unemployment.
Yep they do this because if they actually solved the problem, they'd piss off the groups that helped them get into power. They have no intention to help the American people whatsoever, just act like they're helping us when they're really helping the corporations. This is such a broken system that wants to stay broken as long as possible to benefit the few over the many.
Where is the media on this? Oh yeah...also in cahoots with government and corporations to hide the fact that they are screwing us over.
True. You only have to work one hour per week to be considered "employed" for unemployment statistics purposes. 🙄
it's happening in China
It's worse than that. They count people who are not working but are looking for work as "employed". The inhumane insanity of those people never fails to amaze me.@@Milesco
@@jayno3029 Actually, to be honest, I don't think that's correct. If you're not working, but actively looking for work, that is counted as being unemployed. In fact, in order to be counted as unemployed, you *_have_* to be looking for work. If not, you are not considered to be part of the "labor force", and therefore not unemployed.
I feel like building a database of job applicants sounds illegal, as is posting ghost jobs