“Compared to your parents job market is a great job market” my mom bought branded new Toyota Corolla and a home in 1998 on a secretaries salary. Yeah I’m sure it’s the same. Totally.
I literally LOL'd when they said that Zoom is requiring people to return to the office. It's like a vegetarian restaurant requiring its employees to eat meat. You cannot make this stuff up.
Actions absolutely speak louder than words and they have spoken for their core values in such a move. ( ͡° ͜ʖ ͡°) So-called "advocates" of remote work suddenly failing to lead by example.
I went through 8 interviews with Yeti coolers for a design engineer job only to get told they chose someone internally to fill the role. Absolutely ridiculous the amount of time I wasted.
1 interview it's all an employer gets from me. If it takes more than that, that's not a place you want to work at. Imagine the micromanaging and toxicity.
@@AK255. Everyone is owed professional treatment. Sending a rejection letter 18 months after an application shows incompetence and is unprofessional behavior.
The job application process is poisoned by the same thing poisoning everything else: bloated organizations with no individual taking ownership or responsibility for anything. HR departments are full of people who seemingly just want to pass emails around all day and build powerpoints instead of actually doing something. No one talks to anyone, and everyone adds steps to processes constantly while no one ever removes steps. As a country we just get more complicated, more bloated, and less nimble year after year. Its insufferable. The underlying reality to it all: we need more vocational workers (people who actually DO stuff) and we need fewer desk jockeys playing on their computers all day.
@@GeorgiaMade404 I'm glad the world's top H.R. leaders are on the case and judging everyone's merit! If you could replace the resume, what would you replace it with?
The economy is great for who? Where? How hard do you have to work now for $20? CEO pay is skyrocketing, worker pay is stagnant. Above $20, expectations rise and maintaining employment gets more difficult. Companies just don’t want to pay no matter what. Even high skilled people don’t have any longevity. The best jobs are given to friends and family. Racism is a big problem when it comes to some locations. Sure, there are plenty of low wage jobs. Today employers expect a lot more for $20/hr.
Having to do more than 2 interviews for one job should be illegal... one side is getting paid to conduct the interview while the other side is usually just wasting their time
@@MrBobbo18 Guess yours didn't teach you to think criticaly.. literally CEO salary has mooned while employee wages stay the same since ages ago. It takes but two minutes to get educated in the matter.
We need to allow remote work again. I've been remote since 2016, before the pandemic. It's good and bad. I work more. But I also spend less on commuting and going out to eat. Let people spend more time with their families and work on personal goals. I am not just a generator of shareholder wealth.
I applied to 25 tech openings outside of my current employer, had 10 interviews 3 rejections and 7 ghosted me. I then applied to 1 internal job at my current employer and got the job on my first interview. The job was posted publicly on Linkedin, which said it had over 100 applicants. 3 other people were internally hired along with me for the team. Recently, 4 more people were hired and they were all internal candidates with 6 to 10 years of tenure. The positions were also advertised publicly.
The way the govt measures the unemployment rate is wildly outdated & captures little data that matters (those who are forced out, median incomes, living wages, benefits, etc).
this is deffinently true for europe as well - sincierly an European. If anyone resignes in the team, they won't get replaced within the EU or US teams, maybe remotely in asia, or south America, but remote work is going away, even though you will work with those remote members from the office. funny. From what I see, both the US and EU economy is definitely in recession, the statistics may show something else, but as a grate man once said " Do not trust any statistics you did not fake yourself", most of the growth is pushed by the real estate sector, that is basically a fluff and nothing else.
I referred someone to an executive at a former employer. The executive told me they were not hiring, so I asked why the LinkedIn profile said they were. They explained that it was a mistake. The "hiring" status is still there and has been for a year, regardless of the layoffs they've had. Looking like your company is growing is a thing for startups looking for VC. 🙄
Is that a company’s way of making it look like they are not failing (or to look like they are a prosperous company) or do they do this for tax purposes (as someone implied in another comment)? If it’s the tax thing, can someone explain to me how that work? I have no clue about the tax thing or if it’s even true.
@geewiz8253 I think it’s more about attracting talent and investors regardless of the reality of the business. When many people leave a startup, it sends negative signals to potential employees and investors that the company is not worth staying for. Investors and talent want to join growing companies, not startups struggling to keep customers and employees. It’s normal for people to be let go and asked to keep it quiet, formally or informally.
Growing up just sucks in the 2020s. First they robbed us of 2 years of college, which are supposed to be the best years of your life. Then you graduate and find yourself in a position of low bargaining and no replies. I graduated from a top school last year and could only get a low paying job after 200 applications through a friend (referal)
I know you're hurting, but there was no other choice in the 2020s. You probably saved someone's life (and maybe even your own) by social distancing. Don't curse that. Nobody "robbed" you. Other than that though, yes, you've been handed a raw deal.
@@PristinePerceptionsfor what though? The vast majority of deaths from COVID were the elderly, who add nothing to the economy and drain resources. The harsh reality is we chose the elderly over the young once again, and now we pay the consequences.
It's hard to get a job cuz they want you to have 5-10 years of experience for an ENTRY LEVEL job. Sometimes they expect you to work for free ('internship') IF you even get that. 99% of getting a job is LUCK, connections, right place right time, sleeping your way to the top, racism, etc...VERY little to do with talent and hard work. IN FACT you are DOWNRIGHT PUNISHED for working hard. They keep you were you are and they DON'T PROMOTE YOU!!!!
first statement = some truth. Remaining items are junk that steam from either lack of achievement or perception. I started my career in 2010, terrible job(and company) with 1st/2nd job. My 3rd company was very good (got promoted 2 times in 3 years for doing a good job which did involve me putting in avg of 45-50 instead of casual 35). In my 3rd job, i witnessed most people on other team that work longer shift tend to be those with more complex cases, and these colleagues also got promoted. all in all, it's about your own effort and the company you work for. If you spot a good company, work hard at it. if you spot a bad company, do bare minimum while figure out how to get to a better place (this may require additional certification and degree).
@@Steven-xf8mz No, I agree with original commenter. These concerns are valid and deserves to be heard. Stuff like this plays out across many jobs in a lot of places- from Housekeeping, Cashiers, Drivers, Warehouse, Fast foods, to higher level jobs, etc
@@Steven-xf8mz You are out of touch that was 2010, this is 2024 where ai is involved in hiring process with thousands of applicants per job being filtered out for the slightest missing key word or skills. For example in tech, the job posts requirement in 4 programming languages when in reality you will use only two. So if resume doesn't have four, outright rejected.
I just showed up to a job interview that the leadership weren’t even aware was scheduled today. When I asked who the person was that scheduled it, it was an AI recruiting bot. Employers don’t care to fill positions, it’s not a workforce issue
UE for 2 years. Professional. The job market is as bad as it was in 2008. The job numbers are a lie. Thousands of resumes for a CPA with years of experience, Master degree. Ghost jobs. Ghost interviews. No feedback. Recruiters are sending out emails that look personal but are part of huge mailing. Recruiters schedule an interview then don't show up. It's a nightmare!
I am in and out of depression because of unemployment. It is a little comforting to know that I am not the only one going through this. It is striking how similar the experience of the lady in the report to mine!
Your employer will never ever ever truly care about you. It is always about the bottom line. Don't ever blur the lines between friends and coworkers. My best advice; when you do have a job, look for the next one. Always.
Gone are the days of a single career at a single company for 30 years & retirement. Workers have to change companies, jobs, & careers to remain relevant! Resume building!
I think it’s time for the peasants to revolt. I’m tired of watching young people crumple under the weight of “working harder” to accomplish their dreams. How is it fair to work a 12 hour day, and a say 6 day week, and still live paycheque to paycheque once bills are taken out? It’s depressing to grind for 10 years and still find yourself hardly any further ahead. Who would want to work so hard for so many hours to accomplish so little? To be so tired at the end of the day, and then to see that to order a pizza costs almost half a day of work is just something I never thought I would see.
An average of 30 jobs and 4 callbacks? Try 300+ jobs and 4 callbacks. And I have 15+ years of work experience, a degree from a top 5 university, and a list of references. It has been 10x harder for young people just starting their careers.
26:21 - How exactly is "quiet cutting" instead of having transparent and actually engaging communication about cutting a "great way for employers to have that employee engagement?" How is it "engaging" again? That's nonsense.
My last three years before retirement in 2022 were stressful. My company had so many statistics to measure performance it was dizzying. Every day we were urged to do this better or be excellent at our jobs. If you wanted to post for a position, you had to submit a resume, cover letter, go through multiple rounds of interviews. I don’t know how younger people cope with this craziness these days.
In the years of 2018-2023, I trained about a team of 8-10 people in India doing same work I did. It may not have created layoff, but definitely got rid of potential future hires. In year of remote working, i witness a lot of new departments in elsewhere (just not in the US). Companies are shifting their costs to countries in Asia (except China due to security and sanctions) due to lower pay and higher working hours with OT. Honestly, I get that a lot of study shows remote working has good productivity, and also is good for employees. Well, nothing is ever truly 1 sided story, every action has its consequences. Remote working has wall st figured out that they can cut their highest operating cost which is salary, healthcare, and retirement funding. I think remote working is great as long as my job is safe. However, I don't believe this is true. I know there are plenty of people who are willing to work 80+ hours a week at a fraction of my pay in a different country. 20:20 - take this person for example, she may be right, but give it some time and she'll be on tv talking about how we moved millions of jobs to elsewhere.
@vex6543 Maybe not, but then I just go and search a WFH job that will allow me to work from the same salary and either from home or in a cheaper city. Just because they can exploit someone doesn't mean that person has to be me.
Being 46 working entry level jobs, it's sheer torture. The younger generations are rude, inconsiderate, get off on making fun of you, and canceling you. Even though they live with mom and dad have no worries in life. Im single and live alone, contemplating suicide behind on rent, evicted 5 tomes previously, moved 30 times I can count. I'm tired, and no one ever sticks up for.me!
@TomFed You are not alone Sir. I’m a 44 year old male and was unemployed for 7 months…couldn’t find work…picked up a 3 week opportunity in Alaska processing and cleaning damn salmon…it was horrible work and worked 16 hours a day for many days with other days, off…but not paid because there was no fish to process. -and now since mid July, I can’t find work again…I drafted a nine page suicide letter last night and been looking for ways the best way to go. -with that and more to deal with, I’m just so tired.🥱
@@vermiform Jesus only cares about certain people. He doesn't care about people like OP. This is why the church is dying, nobody wants to worship a stupid diety like that.
There is a reason 0 media companies walk directly into a corporation and ask workers directly what they think about being workers. Not in the interest of the capitalist private sector goons. Workers are like furniture to corporations or logs for a fireplace.
In my opinion, it’s because we’re newer at capitalism than some of the more established European countries. They’ve been doing capitalist labor markets longer than we have. So we are botching it up until we’ve learned the lessons that they’ve already come to terms with. (Even when you consider some of the other industrialized countries like South Korea and China, Europe is more cognizant of the laborers then any other continent) And the US refuses to look to their big sister, England, for any advice because we know it all …but we don’t. How is it in any country’s best interest to treat their labor workforce like crud??
9:01 what?!? Compared to our parents we have it terrible. These are the people that just walked in and shook hands and worked their way up to senior position
For those interested in the real numbers, studies like the MDPI research show a stark disparity: from 1978 to 2016, worker compensation increased by just 11.2%, while CEO pay skyrocketed by 937%. Post-pandemic, CEO compensation has climbed to over 1,200% as of 2023. We're back to an era where oligarchs control nearly every facet of the economy. Remote and hybrid work, though, is a bright spot. Studies, including Stanford’s, prove hybrid setups boost productivity, cut resignations by 33%, and save companies millions. It’s a win for workers and businesses alike. I refuse to bring children into this system, ensuring my bloodline doesn’t perpetuate the hamster wheel of endless labor for corporate profit. I love seeing the defiance and disrespect Gen Z shows toward corporations-keep that spirit alive. It’s exactly what we need to shake things up
9:03 Compared to my parents' experience, it's a great job market? Ha, my parents could walk into a business talk to an employee, get directed to the hiring manager, and probably get a job right then and there if they had a good conversation.
Quiet Cutting!!! Funny phrase for something that companies have been doing for decades. I had been quiet cut from my first corporate job 21 times from 1995 to 2001. If I had gotten 5% for 24 months from the cost cutting & efficiency bonuses that I had fostered, then I would have been a millionaire during my 2nd year.
So many Americans seem to be gleeful at the thought of their fellow workers struggling. Meanwhile senior executives are getting richer than ever. I don't get the American mindset.
I just read an article that said 80 million Americans are traveling for thanksgiving. So they must be well off to pay those expensive plane tickets, accommodations and dinner out. (At least in Florida all restaurants are already booked for thanksgiving). Something not adding up.
This remote work conversation is about 12 percent of the workforce. Most people never worked in an office and don't have jobs that can be done remotely. By listening to this you would think every American works at an office job.
I graduated from college around 1978. I am high functioning autistic and a severe dyslexic. I was never able to successfully navigate the hiring process to obtain any sort of employment that was matchable with my education. Recently I have learned that about 85% of the college graduated high functioning autistic remain unemployed or severely underemployed during their work life. Seems trade schooling may be much more applicable to people like me. In fact it was the high school mechanic and shop classes that give me the skills to earn any sort of living in my life as a self employed mobile mechanic. Like I said, did not get through that hiring process.
My workplace are struggling and making cutbacks because the directors are idiots and have made a series of stupid decisions.. so now they've said everyone has to be in 5 days a week no ifs no buts... Well it's worked as lots of people are leaving however they are losing good people, and they will suffer in the long term as a result
I remember a supervisor talking about how our department within the organization didn't need a union because they already offered good benefits and salaries. Then the pandemic hit and the parts of organization that were unionized were the first ones to roll straight home and are still home from what I've been told while the non unionized departments are all back in the office five days a week.
I wish I had this job market when I first started working. As an employer, I must say that the new hires between 20-30 are much more difficult to deal with than 60-70 year olds. The younger cohorts tend to be much less productive than their older counter parts for the same job. One of the unspoken disqualifiers has been the inability of young people to pass a drug test. Sure not every job requires that you take one but consuming drugs limits your potential.
Funny how I did a test see if I can get a seasonal temp job? Guess what not single call back. I even put down willing work on weekends. Still no call back for past month already. This is why I see so many people not working.
I am open and getting rejected. The problem is entry level doesn't pay enough if you want to make a career change. I live in a big city with lots of work. It is competitive. Moving to a small city, with little opportunity is not the answer.
The studies show increase productively in remote and hybrid work. So where did you get your information? It seems it is simply perception of employers. They want to see their workers at work not getting anything done. Particularly in meetings. Besides it's allot easier to call meetings when everyone is there to attend them.
I work from home permanently in one of my two jobs. They have a caveat that I MUST remain at the desk they gave me and it must be within 1 hour of the office if clocked in-- I am happy to be fully remote, but I don't really understand why I need to remain close to the office. If I could move I could save so much money.
@ yeah but plenty of other companies don’t care, I have a spare work laptop that could work just fine until they ship me a new one, which with shipping now could get to me within a business day
historically most childbirth fatalities were children born in the winter because their parents didn’t save enough resources to support their coming family when it was summer. also it’s when sickness and the world got cold that’s how it feels to be gen z
just a guess but I would think the real unemployment rate is probably closer to 15%. the reported figures are just way to low, and unbelievable for anyone in the USA to believe.
It's really disheartening to see the extent of age discrimination in the job market, especially for those in their 50s and older. Many skilled and experienced individuals are pushed into gig work just to make ends meet, despite their vast experience and knowledge. This isn't just a personal setback for them, but a significant loss for businesses and society that overlook such invaluable talent. It's high time we recognize and address this issue, ensuring fair opportunities for all, regardless of age.
lol as a young and recent grad working in the industry I went to school for, I had 6 interviews with VPs before I got an offer and this is an entry level position 😅
In Canada, my employer was about to force us back to the office 3 days a week. I stuck it out until I found another job. Thankfully, I quit, got a banking job with full telework, better pay, a kickass pension, more vacation time. If your employer wants to strongarm you back to the office, they do not deserve you.
You can help our wages go further by helping us cut our expenses and at the same time cut your own. The internet model of job hunting and the opaque nature of the process is almost abusive.
Hint: (Q) If you hired 😂 a remote worker in the state of Washington to work for your company in the state of TEXAS...and this has happened before. Entire families were uprooted to move only to be fired 😳 in two weeks after tens of thousands spent on relocation! So, newsflash to those companies 🤔 and bosses: you're losing remote workers smart enough 🙄 not to go through all that to be treated like that. Maybe you should spend your millions relocating your company 😉 instead. GET IT? IT GOES BOTH WAYS CUZ PEOPLE ARE SICK OF BEING MISTREATED AND OUTRUGHT WRONGED.
Bullcrap. There are actually 2 main reasons: Too many government regulations on businesses and expenses when hiring employees such as the employee training tax. Too many college grads trying to work for businesses instead of starting their own business.
Ive been lucky and found a great job where i work less but make almost double what i made in my last job. Good luck in your job search everyone. My biggest tip. Make a ats friendly resume
The job market is also rife with "institutional job postings", meaning that the employer has a rule (to comply with labor laws and anti-discrimination guidelines) to interview a set minimum of candidates, say 10. And advertise the open position on the web. Poor souls that are a perfect match and hope to get the job are wasting their time, it's an internal promotion, therefore a mirage job.
Theres not as many jobs at the top. And the labor market can’t support the skills needed to be successful in a changing economy. At the same time the jobs that are available in manufacturing or blue collar jobs - people either don’t want due to wages or stress.
@@gregorylyon1004I live in Africa work in pathetic job, low pay.. I would really love to work in a First world country. Americans just don't realize how lucky they are... If offered a Manufacturing job in the USA I would move there very Quickly..
I thought i was going to be cool bc i said id job hop in my early career, but its just been forced instead! Got rejected from full time offer from a multi year internship i held doing under and post grad. Got mass laid off a year into my first job out of school Year into next job as a contractor company lost the contract so uncertain what happens next Contracting is different so I may get a new job at the next company, but not guaranteed so in the meantime have to treat it like I have to go through this again!
All of this and we still haven't addressed AI coming for every human job and how we are going to limit it. We have a lot of issues in this world and country. Something is going to give way to the other and it is not going to be pretty!
For those interested in the real numbers, studies like the MDPI research show a stark disparity: from 1978 to 2016, worker compensation increased by just 11.2%, while CEO pay skyrocketed by 937%. Post-pandemic, CEO compensation has climbed to over 1,200% as of 2023. We're back to an era where oligarchs control nearly every facet of the economy. I refuse to bring children into this system, ensuring my bloodline doesn’t perpetuate the hamster wheel of endless labor for corporate profit. I love seeing the defiance and disrespect Gen Z shows toward corporations-keep that spirit alive. It’s exactly what we need to shake things up
Go get a cdl. I guarantee you will get a job that you hate but can live off of. But nobody wants to here that🤷♂️ basically people just don’t want to do what they are hiring for
8:35 I wish that I could be "more selective." Any job at this point would be great to find. Hundreds upon hundreds of job applications completed and only 3 job offers is an indication to me that there are serious problems with the job market.
You can have a resume fully tailored to a job and never get contacted. Literally tried it myself Edit: these people are extremely out of touch as well talking about my parents job market which was 30 years ago
I've been WFH IT project management for the last 5 years, and 100% of my colleagues & clients are spread throughout countries all over the world. So RTO has literally zero value for me.
Reason it's hard is because the hourly pay isn't enough to live. If you find a reasonable pay, it's only part time. Eventually the companies cut down on labor without any notice and say they don't have enough to pay even though they are spending money on useless call centers in foreign countries and spend money on lavish gifts that employees have to fight for. We don't need gifts. We just want a stable income and secure future. We can do customer service ourselves. We just want a job that can give us enough to live and raise a family.
Your employer doesn’t care about you
Most employers do care come one 😂
your employer depends on you
Unless it’s small business
People read this differently.
If your employer has a kid with you, they love.
If they don't, they don't.
Nor do the boomers who made the workplace toxic and miserable.
“Compared to your parents job market is a great job market” my mom bought branded new Toyota Corolla and a home in 1998 on a secretaries salary. Yeah I’m sure it’s the same. Totally.
😂😂😂😂
I was literally about to type this same comment.
Boomer logic "you young people are just lazy and don't want to work"
Them: retired
Us: wage slaves until d-ath
Thanks for nothing.
@@MJ98774Boomer generation created house inflation and depression
I am pretty sure you can still buy a 98 Corolla on your salary.
I literally LOL'd when they said that Zoom is requiring people to return to the office. It's like a vegetarian restaurant requiring its employees to eat meat. You cannot make this stuff up.
Actions absolutely speak louder than words and they have spoken for their core values in such a move. ( ͡° ͜ʖ ͡°)
So-called "advocates" of remote work suddenly failing to lead by example.
Corporations say all types of ridiculous stuff. I don't know how anyone buys it
I was unemployed for 11 months. If anyone out there is unemployed, there is hope, don't give up!
making it a little more hopeless for me. I am trying to find a job before next summer, and it has been already 5 months.
I went through 8 interviews with Yeti coolers for a design engineer job only to get told they chose someone internally to fill the role. Absolutely ridiculous the amount of time I wasted.
1 interview it's all an employer gets from me. If it takes more than that, that's not a place you want to work at. Imagine the micromanaging and toxicity.
Some employers do this for tax breaks.
@@RealSerie26 So true, very glad it didn't work out with them.
@@RealSerie26 I never find one-interview jobs, they all require at least 3 these days. It's excrutiating.
sounds normal to me
It’s hard because corporations treat their employees like slaves.
A shortage of workers with no backbone is what makes Corporations say there are no workers
Start your own business and show us how it is done!
I applied to a job and just got the rejection email, 18 months later.
So, we had jobs open for years until we found the right person for the job.
No one owes u a job girl
@@AK255. Everyone is owed professional treatment. Sending a rejection letter 18 months after an application shows incompetence and is unprofessional behavior.
@@AK255. how do boots taste
Many times it's 2 years if you apply for a government job.
The job application process is poisoned by the same thing poisoning everything else: bloated organizations with no individual taking ownership or responsibility for anything. HR departments are full of people who seemingly just want to pass emails around all day and build powerpoints instead of actually doing something. No one talks to anyone, and everyone adds steps to processes constantly while no one ever removes steps. As a country we just get more complicated, more bloated, and less nimble year after year. Its insufferable. The underlying reality to it all: we need more vocational workers (people who actually DO stuff) and we need fewer desk jockeys playing on their computers all day.
Women are 304s.
This is not the 80s anymore. Imagine being responsible for reviewing 10s of thousands of resumes.
@@GeorgiaMade404 I'm glad the world's top H.R. leaders are on the case and judging everyone's merit!
If you could replace the resume, what would you replace it with?
@@GeorgiaMade404In the 80s people actually talked to each other. This is what happens when brain dead MBAs run everything.
The economy is great for who? Where? How hard do you have to work now for $20? CEO pay is skyrocketing, worker pay is stagnant. Above $20, expectations rise and maintaining employment gets more difficult. Companies just don’t want to pay no matter what. Even high skilled people don’t have any longevity. The best jobs are given to friends and family. Racism is a big problem when it comes to some locations. Sure, there are plenty of low wage jobs. Today employers expect a lot more for $20/hr.
I won't even take a job that pays $150,000 per year. I'd rather do nothing. But, I have a lot of money in the stock market.
Without an in demand skill, expect $20 for a job. $25 with a cetificate/license and $30 for back breaking work
I’ve experienced this. The dumbest laziest employee of ours got a job in another company in management thanks to his friend and they both white.
The economy is good for shareholders and CEOs, and that’s it.
@@drblitz3092 I make $56/hr. Pension and 401k. Full time. I do have a masters degree tho.
Having to do more than 2 interviews for one job should be illegal... one side is getting paid to conduct the interview while the other side is usually just wasting their time
Then don't do the second interview.
@@christopherbasham1551what a dumb response.
I did 5 for my current role
@@sonderexpeditionsmaybe next time no better. I did at most 3. But after 2nd interview i was jumping up and down asking for a response.
@@TheRockerX What a dumb response.
It’s hard to be a worker because even when you get the job you’re still broke meanwhile your boss is taking 3 week vacations to Bali.
Yup. Typical making the rich boss richer while you the worker slaves away for pennies 😂😂😂
Forget about the boss. Worry about getting your next meal in your stomach
Guess your parents didn’t teach you NOT to compare yourself to others? Boss = more responsibility = more money
@@MrBobbo18 Guess yours didn't teach you to think criticaly.. literally CEO salary has mooned while employee wages stay the same since ages ago. It takes but two minutes to get educated in the matter.
@@MrBobbo18this was okay when a CEO salary was 3x the median salary of their workers, now it’s 127x boot licker
We need to allow remote work again. I've been remote since 2016, before the pandemic. It's good and bad. I work more. But I also spend less on commuting and going out to eat. Let people spend more time with their families and work on personal goals. I am not just a generator of shareholder wealth.
why are you working more? you're making the rest of us remote workers look bad.
I doubt you work more. Highly doubt that .
It’s this soy boy attitude that is the issue. Wahhh wahhhh I want to work in my pajamas
@@JoeSmoeisnotmyrealname😂😂😂😂
.when I work at home I usually take a few naps and watch RUclips videos while tapping my keyboard to make it look like I'm engaged
I gave up looking for employment after so many rejections. Now I rob people and steal eggs from grocery stores.
The yolk's on them
😂😂😂 thats called being your own boss kudos to your new venture
Why eggs specifically? 😂😂
Are you hiring?
@@lionelhutz5137 damn thats good! lol
Work hard and still get paid nothing and can’t afford nothing. It’s all bs
I applied to 25 tech openings outside of my current employer, had 10 interviews 3 rejections and 7 ghosted me. I then applied to 1 internal job at my current employer and got the job on my first interview. The job was posted publicly on Linkedin, which said it had over 100 applicants. 3 other people were internally hired along with me for the team.
Recently, 4 more people were hired and they were all internal candidates with 6 to 10 years of tenure. The positions were also advertised publicly.
do you like your new role more❓
10 interviews from 25 applications is incredible, honestly. You must have an impressive CV lol
Don't dislike it. But its not as technical as I would have liked.
Bachelors in Network, multiple industry standard certs, home lab projects and a job at a National telecom company. The competition is fierce.
The way the govt measures the unemployment rate is wildly outdated & captures little data that matters (those who are forced out, median incomes, living wages, benefits, etc).
Seems like the whole country is "quiet recessioning."
this is deffinently true for europe as well - sincierly an European.
If anyone resignes in the team, they won't get replaced within the EU or US teams, maybe remotely in asia, or south America, but remote work is going away, even though you will work with those remote members from the office. funny.
From what I see, both the US and EU economy is definitely in recession, the statistics may show something else, but as a grate man once said " Do not trust any statistics you did not fake yourself", most of the growth is pushed by the real estate sector, that is basically a fluff and nothing else.
I referred someone to an executive at a former employer. The executive told me they were not hiring, so I asked why the LinkedIn profile said they were. They explained that it was a mistake. The "hiring" status is still there and has been for a year, regardless of the layoffs they've had. Looking like your company is growing is a thing for startups looking for VC. 🙄
Is that a company’s way of making it look like they are not failing (or to look like they are a prosperous company) or do they do this for tax purposes (as someone implied in another comment)? If it’s the tax thing, can someone explain to me how that work? I have no clue about the tax thing or if it’s even true.
@geewiz8253 I think it’s more about attracting talent and investors regardless of the reality of the business. When many people leave a startup, it sends negative signals to potential employees and investors that the company is not worth staying for. Investors and talent want to join growing companies, not startups struggling to keep customers and employees. It’s normal for people to be let go and asked to keep it quiet, formally or informally.
"Compared to your parents job market is a great job market"... disrespectfully, that's the dumbest thing anyone's said this year.
Growing up just sucks in the 2020s. First they robbed us of 2 years of college, which are supposed to be the best years of your life. Then you graduate and find yourself in a position of low bargaining and no replies. I graduated from a top school last year and could only get a low paying job after 200 applications through a friend (referal)
Early gen Z be struggling. I’ve been unemployed for 11 months now. It’s so bad
what did your ancestors do when the rich wanted to keep them as slaves?
I know you're hurting, but there was no other choice in the 2020s. You probably saved someone's life (and maybe even your own) by social distancing. Don't curse that. Nobody "robbed" you.
Other than that though, yes, you've been handed a raw deal.
@@PristinePerceptions social distancing did about as much as TSA security theater does now
@@PristinePerceptionsfor what though? The vast majority of deaths from COVID were the elderly, who add nothing to the economy and drain resources. The harsh reality is we chose the elderly over the young once again, and now we pay the consequences.
It's hard to get a job cuz they want you to have 5-10 years of experience for an ENTRY LEVEL job. Sometimes they expect you to work for free ('internship') IF you even get that.
99% of getting a job is LUCK, connections, right place right time, sleeping your way to the top, racism, etc...VERY little to do with talent and hard work.
IN FACT you are DOWNRIGHT PUNISHED for working hard. They keep you were you are and they DON'T PROMOTE YOU!!!!
first statement = some truth. Remaining items are junk that steam from either lack of achievement or perception. I started my career in 2010, terrible job(and company) with 1st/2nd job. My 3rd company was very good (got promoted 2 times in 3 years for doing a good job which did involve me putting in avg of 45-50 instead of casual 35). In my 3rd job, i witnessed most people on other team that work longer shift tend to be those with more complex cases, and these colleagues also got promoted.
all in all, it's about your own effort and the company you work for. If you spot a good company, work hard at it. if you spot a bad company, do bare minimum while figure out how to get to a better place (this may require additional certification and degree).
@@Steven-xf8mz No, I agree with original commenter. These concerns are valid and deserves to be heard. Stuff like this plays out across many jobs in a lot of places- from Housekeeping, Cashiers, Drivers, Warehouse, Fast foods, to higher level jobs, etc
@@Steven-xf8mz You are out of touch that was 2010, this is 2024 where ai is involved in hiring process with thousands of applicants per job being filtered out for the slightest missing key word or skills.
For example in tech, the job posts requirement in 4 programming languages when in reality you will use only two. So if resume doesn't have four, outright rejected.
… and the crazy thing is they want you to have 5 to 10 years experience and be in your 20s!!
30 is too old.
Keep investing that’s the only way out if you’re not into real estate and owning a successful business
I just showed up to a job interview that the leadership weren’t even aware was scheduled today. When I asked who the person was that scheduled it, it was an AI recruiting bot. Employers don’t care to fill positions, it’s not a workforce issue
The games industry has been experiencing historic levels of layoffs, project cancellations, and studio closures.
Explains the crappy games that have come out
UE for 2 years. Professional. The job market is as bad as it was in 2008. The job numbers are a lie. Thousands of resumes for a CPA with years of experience, Master degree. Ghost jobs. Ghost interviews. No feedback. Recruiters are sending out emails that look personal but are part of huge mailing. Recruiters schedule an interview then don't show up. It's a nightmare!
It’s hard because corporations are under paying employees and hoarding resources
I am in and out of depression because of unemployment. It is a little comforting to know that I am not the only one going through this. It is striking how similar the experience of the lady in the report to mine!
Same it’s been really bad
I’m there with ya with no hope in sight.
Soooo if you don’t have a full time job, your full job IS finding a full time job.
Yes. Working 2 full time jobs is only way to financially get ahead currently. Everything is too expensive
My family is struggling to afford food
Sell your iPhones.
@@RealSerie26you must have iphones falling out your ass
@@RealSerie26that will pay for 1 month. Then wat?
Go to food banks or get ebt
@@adammorra3813
steal iphones and then sell them
30 job applications and 4 callbacks!!! What industry are they talking about!?!? SWE jobs are more like 600 applications to 4 call backs. #realtalk
It would be an absolute miracle to apply to only 30 SWE positions and get 4 callbacks. Maybe you'll get 4 callbacks after 300 applications lol
Your employer will never ever ever truly care about you. It is always about the bottom line. Don't ever blur the lines between friends and coworkers.
My best advice; when you do have a job, look for the next one. Always.
Gone are the days of a single career at a single company for 30 years & retirement. Workers have to change companies, jobs, & careers to remain relevant! Resume building!
I think it’s time for the peasants to revolt. I’m tired of watching young people crumple under the weight of “working harder” to accomplish their dreams. How is it fair to work a 12 hour day, and a say 6 day week, and still live paycheque to paycheque once bills are taken out? It’s depressing to grind for 10 years and still find yourself hardly any further ahead.
Who would want to work so hard for so many hours to accomplish so little? To be so tired at the end of the day, and then to see that to order a pizza costs almost half a day of work is just something I never thought I would see.
An average of 30 jobs and 4 callbacks? Try 300+ jobs and 4 callbacks. And I have 15+ years of work experience, a degree from a top 5 university, and a list of references. It has been 10x harder for young people just starting their careers.
I think it's good to highlight the dates that these videos were originally published more than you do now.
Cost of living + Inflation
26:21 - How exactly is "quiet cutting" instead of having transparent and actually engaging communication about cutting a "great way for employers to have that employee engagement?" How is it "engaging" again? That's nonsense.
My last three years before retirement in 2022 were stressful. My company had so many statistics to measure performance it was dizzying. Every day we were urged to do this better or be excellent at our jobs. If you wanted to post for a position, you had to submit a resume, cover letter, go through multiple rounds of interviews. I don’t know how younger people cope with this craziness these days.
In the years of 2018-2023, I trained about a team of 8-10 people in India doing same work I did. It may not have created layoff, but definitely got rid of potential future hires. In year of remote working, i witness a lot of new departments in elsewhere (just not in the US). Companies are shifting their costs to countries in Asia (except China due to security and sanctions) due to lower pay and higher working hours with OT.
Honestly, I get that a lot of study shows remote working has good productivity, and also is good for employees. Well, nothing is ever truly 1 sided story, every action has its consequences. Remote working has wall st figured out that they can cut their highest operating cost which is salary, healthcare, and retirement funding.
I think remote working is great as long as my job is safe. However, I don't believe this is true. I know there are plenty of people who are willing to work 80+ hours a week at a fraction of my pay in a different country. 20:20 - take this person for example, she may be right, but give it some time and she'll be on tv talking about how we moved millions of jobs to elsewhere.
I don't mind working at the office if they are willing to pay me $2,000-3,000 extra per month after tax so it covers my rent.
You’re talking like you have any leverage in this conversation, son
@vex6543 Maybe not, but then I just go and search a WFH job that will allow me to work from the same salary and either from home or in a cheaper city. Just because they can exploit someone doesn't mean that person has to be me.
Being 46 working entry level jobs, it's sheer torture. The younger generations are rude, inconsiderate, get off on making fun of you, and canceling you. Even though they live with mom and dad have no worries in life. Im single and live alone, contemplating suicide behind on rent, evicted 5 tomes previously, moved 30 times I can count. I'm tired, and no one ever sticks up for.me!
Don’t commit suicide. Time heals all things. Stay the course brother.
Jesus is there for you brother. Just gotta ask.
@@MethenyScoSounds like jesus needs to step it up
@TomFed You are not alone Sir. I’m a 44 year old male and was unemployed for 7 months…couldn’t find work…picked up a 3 week opportunity in Alaska processing and cleaning damn salmon…it was horrible work and worked 16 hours a day for many days with other days, off…but not paid because there was no fish to process. -and now since mid July, I can’t find work again…I drafted a nine page suicide letter last night and been looking for ways the best way to go. -with that and more to deal with, I’m just so tired.🥱
@@vermiform Jesus only cares about certain people. He doesn't care about people like OP. This is why the church is dying, nobody wants to worship a stupid diety like that.
There is a reason 0 media companies walk directly into a corporation and ask workers directly what they think about being workers. Not in the interest of the capitalist private sector goons. Workers are like furniture to corporations or logs for a fireplace.
The worst day at any job is better than any day looking for a job.
Have you ever worked a manual job (service jobs count)?
The economy is great, just not for the average joe. All these record profits and high stock prices won't make it into your pocket.
Changed career later in life went to school finished degree and have applied to 300+ jobs. Still looking. The market is not great for tech.
“Why it’s so hard to be a worker right now” … not Why it’s been so hard to be a worker for the past 2 decades?
This should say "why is it so hard to be a worker in the United States vs the rest of the world?"
Fixed it for you.
Eh not really it’s hard globally to find employment, especially first world countries
In my opinion, it’s because we’re newer at capitalism than some of the more established European countries. They’ve been doing capitalist labor markets longer than we have. So we are botching it up until we’ve learned the lessons that they’ve already come to terms with.
(Even when you consider some of the other industrialized countries like South Korea and China, Europe is more cognizant of the laborers then any other continent)
And the US refuses to look to their big sister, England, for any advice because we know it all …but we don’t. How is it in any country’s best interest to treat their labor workforce like crud??
9:01 what?!? Compared to our parents we have it terrible. These are the people that just walked in and shook hands and worked their way up to senior position
For those interested in the real numbers, studies like the MDPI research show a stark disparity: from 1978 to 2016, worker compensation increased by just 11.2%, while CEO pay skyrocketed by 937%. Post-pandemic, CEO compensation has climbed to over 1,200% as of 2023. We're back to an era where oligarchs control nearly every facet of the economy.
Remote and hybrid work, though, is a bright spot. Studies, including Stanford’s, prove hybrid setups boost productivity, cut resignations by 33%, and save companies millions. It’s a win for workers and businesses alike.
I refuse to bring children into this system, ensuring my bloodline doesn’t perpetuate the hamster wheel of endless labor for corporate profit. I love seeing the defiance and disrespect Gen Z shows toward corporations-keep that spirit alive. It’s exactly what we need to shake things up
Oh you want us to come back into the office? I didn't realize you wanted us to unionize so much. Great idea!
9:03 Compared to my parents' experience, it's a great job market? Ha, my parents could walk into a business talk to an employee, get directed to the hiring manager, and probably get a job right then and there if they had a good conversation.
Quiet Cutting!!!
Funny phrase for something that companies have been doing for decades. I had been quiet cut from my first corporate job 21 times from 1995 to 2001. If I had gotten 5% for 24 months from the cost cutting & efficiency bonuses that I had fostered, then I would have been a millionaire during my 2nd year.
Life sucks right now
So many Americans seem to be gleeful at the thought of their fellow workers struggling. Meanwhile senior executives are getting richer than ever.
I don't get the American mindset.
Just months ago CNBC was telling us the economy was doing great and inflation was actually much lower than we thought and experienced.
I just read an article that said 80 million Americans are traveling for thanksgiving. So they must be well off to pay those expensive plane tickets, accommodations and dinner out. (At least in Florida all restaurants are already booked for thanksgiving). Something not adding up.
Credit cards. There are people who declare bankruptcy multiple times.
Definitely debt. People keep spending and have no savings
how many of those people are "travelling" 15 minutes by car?
CNBC suddenly caring about the workers? What timeline is this?
This remote work conversation is about 12 percent of the workforce. Most people never worked in an office and don't have jobs that can be done remotely. By listening to this you would think every American works at an office job.
I graduated from college around 1978. I am high functioning autistic and a severe dyslexic. I was never able to successfully navigate the hiring process to obtain any sort of employment that was matchable with my education. Recently I have learned that about 85% of the college graduated high functioning autistic remain unemployed or severely underemployed during their work life. Seems trade schooling may be much more applicable to people like me. In fact it was the high school mechanic and shop classes that give me the skills to earn any sort of living in my life as a self employed mobile mechanic. Like I said, did not get through that hiring process.
Answer: CORPORATE GREED 🎤⬇️
My workplace are struggling and making cutbacks because the directors are idiots and have made a series of stupid decisions.. so now they've said everyone has to be in 5 days a week no ifs no buts... Well it's worked as lots of people are leaving however they are losing good people, and they will suffer in the long term as a result
I gave up and now we live on 1 income. Maybe if more people could afford to do this, the job market would be in favor of applicants.
My wife and I live on one income. I work She is frugal. Lots of home cooked meals which is great. We own our vehicles. House is paid off in 3 years.
No one can afford to pay their workers, and no workers can afford homes. Wage prices cannot rise and home prices need to fall
I remember a supervisor talking about how our department within the organization didn't need a union because they already offered good benefits and salaries. Then the pandemic hit and the parts of organization that were unionized were the first ones to roll straight home and are still home from what I've been told while the non unionized departments are all back in the office five days a week.
Real simple solution. Email/call personally. No one is looking at your application online.
I gave up searching.
Boo hoo
cry more about it
Burden
What's the point in working anyway ??
Lots of friendly people around these parts eh. What miserable responses lol.
I wish I had this job market when I first started working. As an employer, I must say that the new hires between 20-30 are much more difficult to deal with than 60-70 year olds. The younger cohorts tend to be much less productive than their older counter parts for the same job.
One of the unspoken disqualifiers has been the inability of young people to pass a drug test. Sure not every job requires that you take one but consuming drugs limits your potential.
Funny how I did a test see if I can get a seasonal temp job? Guess what not single call back. I even put down willing work on weekends. Still no call back for past month already. This is why I see so many people not working.
There are a lot of good jobs out there. You cant be stuck on the idea of a job you want. you have to adapt.
I am open and getting rejected. The problem is entry level doesn't pay enough if you want to make a career change. I live in a big city with lots of work. It is competitive. Moving to a small city, with little opportunity is not the answer.
I’ve been rejected at call centers idk man
We weren’t gifted our worker’s rights in Europe. We unionized, fought, striked etc. Fight for your rights
The studies show increase productively in remote and hybrid work. So where did you get your information? It seems it is simply perception of employers. They want to see their workers at work not getting anything done. Particularly in meetings. Besides it's allot easier to call meetings when everyone is there to attend them.
I’ve been applying since December 2023, this is ridiculous 😂😂😂 wtf
A man who owns a car company surprisingly wants to force all Americans back into the office.
I work from home permanently in one of my two jobs. They have a caveat that I MUST remain at the desk they gave me and it must be within 1 hour of the office if clocked in-- I am happy to be fully remote, but I don't really understand why I need to remain close to the office. If I could move I could save so much money.
In case your computer breaks!
@ yeah but plenty of other companies don’t care, I have a spare work laptop that could work just fine until they ship me a new one, which with shipping now could get to me within a business day
historically most childbirth fatalities were children born in the winter because their parents didn’t save enough resources to support their coming family when it was summer. also it’s when sickness and the world got cold
that’s how it feels to be gen z
In my field, there are 5-8 interview rounds and 3 months prep. It's crazy.
just a guess but I would think the real unemployment rate is probably closer to 15%. the reported figures are just way to low, and unbelievable for anyone in the USA to believe.
Maybe don't interview someone who works in an extremely high-paying sector while talking about the struggles of the working class.
It's really disheartening to see the extent of age discrimination in the job market, especially for those in their 50s and older. Many skilled and experienced individuals are pushed into gig work just to make ends meet, despite their vast experience and knowledge. This isn't just a personal setback for them, but a significant loss for businesses and society that overlook such invaluable talent. It's high time we recognize and address this issue, ensuring fair opportunities for all, regardless of age.
lol as a young and recent grad working in the industry I went to school for, I had 6 interviews with VPs before I got an offer and this is an entry level position 😅
In Canada, my employer was about to force us back to the office 3 days a week. I stuck it out until I found another job. Thankfully, I quit, got a banking job with full telework, better pay, a kickass pension, more vacation time.
If your employer wants to strongarm you back to the office, they do not deserve you.
You can help our wages go further by helping us cut our expenses and at the same time cut your own. The internet model of job hunting and the opaque nature of the process is almost abusive.
Hint: (Q)
If you hired 😂 a remote worker in the state of Washington to work for your company in the state of TEXAS...and this has happened before. Entire families were uprooted to move only to be fired 😳 in two weeks after tens of thousands spent on relocation!
So, newsflash to those companies 🤔 and bosses: you're losing remote workers smart enough 🙄 not to go through all that to be treated like that.
Maybe you should spend your millions relocating your company 😉 instead.
GET IT?
IT GOES BOTH WAYS CUZ PEOPLE ARE SICK OF BEING MISTREATED AND OUTRUGHT WRONGED.
Bullcrap. There are actually 2 main reasons:
Too many government regulations on businesses and expenses when hiring employees such as the employee training tax.
Too many college grads trying to work for businesses instead of starting their own business.
Ive been lucky and found a great job where i work less but make almost double what i made in my last job. Good luck in your job search everyone. My biggest tip. Make a ats friendly resume
The job market is also rife with "institutional job postings", meaning that the employer has a rule (to comply with labor laws and anti-discrimination guidelines) to interview a set minimum of candidates, say 10. And advertise the open position on the web. Poor souls that are a perfect match and hope to get the job are wasting their time, it's an internal promotion, therefore a mirage job.
Theres not as many jobs at the top. And the labor market can’t support the skills needed to be successful in a changing economy. At the same time the jobs that are available in manufacturing or blue collar jobs - people either don’t want due to wages or stress.
They don't want the physical labor that manufacturing requires. But I'm over age 50 and I have a guaranteed job because I do this work
@@gregorylyon1004I live in Africa work in pathetic job, low pay.. I would really love to work in a First world country. Americans just don't realize how lucky they are... If offered a Manufacturing job in the USA I would move there very Quickly..
I thought i was going to be cool bc i said id job hop in my early career, but its just been forced instead!
Got rejected from full time offer from a multi year internship i held doing under and post grad.
Got mass laid off a year into my first job out of school
Year into next job as a contractor company lost the contract so uncertain what happens next
Contracting is different so I may get a new job at the next company, but not guaranteed so in the meantime have to treat it like I have to go through this again!
“A society with festering workers cannot flourish, just as a man with rotting toes cannot skip.” -Ricken
All of this and we still haven't addressed AI coming for every human job and how we are going to limit it. We have a lot of issues in this world and country. Something is going to give way to the other and it is not going to be pretty!
For those interested in the real numbers, studies like the MDPI research show a stark disparity: from 1978 to 2016, worker compensation increased by just 11.2%, while CEO pay skyrocketed by 937%. Post-pandemic, CEO compensation has climbed to over 1,200% as of 2023. We're back to an era where oligarchs control nearly every facet of the economy.
I refuse to bring children into this system, ensuring my bloodline doesn’t perpetuate the hamster wheel of endless labor for corporate profit. I love seeing the defiance and disrespect Gen Z shows toward corporations-keep that spirit alive. It’s exactly what we need to shake things up
My productivity is lower in the office. So much distractions in the office
Go get a cdl. I guarantee you will get a job that you hate but can live off of. But nobody wants to here that🤷♂️ basically people just don’t want to do what they are hiring for
Yeh it’s that easy. Sure
8:35 I wish that I could be "more selective." Any job at this point would be great to find. Hundreds upon hundreds of job applications completed and only 3 job offers is an indication to me that there are serious problems with the job market.
You can have a resume fully tailored to a job and never get contacted. Literally tried it myself
Edit: these people are extremely out of touch as well talking about my parents job market which was 30 years ago
And reasons like this is why I stop applying on company websites and go directly on indeed, and just hand my résumé and cover letter that’s it
I've been WFH IT project management for the last 5 years, and 100% of my colleagues & clients are spread throughout countries all over the world. So RTO has literally zero value for me.
The script said: define tight and loose job market, only to be never heard again and replace with hot or cool.
- employers don't care
- pay is low
- work output is high
- time off is more rare
Blah blah blah
Reason it's hard is because the hourly pay isn't enough to live.
If you find a reasonable pay, it's only part time.
Eventually the companies cut down on labor without any notice and say they don't have enough to pay even though they are spending money on useless call centers in foreign countries and spend money on lavish gifts that employees have to fight for.
We don't need gifts. We just want a stable income and secure future. We can do customer service ourselves. We just want a job that can give us enough to live and raise a family.
Ask the people in-retiring because they can’t pay for basic stuff
It’s so frustrating to get a full time job. I work at two different restaurants and it’s next to impossible to get a full time jo.