#JobMarket #Unemployment #JobSearch #CareerAdvice
🤔 What’s Going On With Today’s Job Market? 🤷♀️
Hey everyone! 👋 Are you also feeling the frustrations of the current job market like I am? It seems like finding a job has become a Herculean task, even with a strong background and relevant experience. Let’s dive into this together and try to figure out what’s really going on:
Here are some key points to consider:
– Companies may be overwhelmed with the number of applicants, making it harder to stand out 📈
– Some companies might be holding out for the “perfect” candidate, delaying the hiring process ⏳
– Job postings might be getting reposted due to changing priorities or internal issues 🔄
Possible solutions could include:
– Tailoring your resume and cover letter to each job application to showcase your specific skills 📝
– Networking and reaching out to industry contacts for potential opportunities 🤝
– Considering freelance or temporary work options to stay active in your field 💼
Let’s share our experiences and insights to navigate this challenging job market together! What strategies have worked for you? Let’s support each other in finding our next career opportunities. 💪 #JobSearchCommunity #CareerSupport
Overall [hiring](https://fred.stlouisfed.org/series/JTSHIR) is at the same level that it was in June 2008.
Bro, it’s been bad since COVID.
I was on the job hunt for almost a year in 2022 after my Masters. Applied for several hundred jobs, 5 interviews, and one offer which I took for $46k a year.
I’m at around 1,000 applications. I had no issues landing a role in ‘08. I’ve never seen a market this bad.
Hiring now is as bad as it was during the Obama years. Democrat policies kill businesses.
I’ve been thinking about this lately, and tbh I think job websites are going the way of dating apps. Companies posting jobs to look like they are actively hiring/growing but never actually doing so (or people swiping with no intentions to actually meet), incredible long lists of requirements with nothing to offer, bots & scams, etc. It makes it seem like you have all the options at your fingertips but so little can actually materialize for someone. And actual jobs and perspective dates get this idea that there is always someone better out there, even if this person might be a good fit and checks most of the boxes. Just a weird parallel I’ve been seeing, sorry for the tangent
We are in a recession.
White collar jobs are getting the axe while blue collar, trades, service industry, and healthcare (no experience techs) are hiring. I think corporations think they can do more with less in offices where they still need those other jobs to create production.
I work in advertising (digital ad tech mostly), and it’s hell. Now, I had a major injury in 2022, a major surgery in September of ’23, and only have been looking since January, but it’s been a hellscape. I’ve been in this industry for ~15 years, and have been at the Director level. I’m more than willing to take a step back, knowing that for two years I’ve been away, recovering from a health issue.
My guess is that with our experience, agencies/businesses are afraid to hire based on the compensation we may want. It’s a race to the bottom. The hope is to likely promote some kid in his 20s who will see the jump from $35k to $50k as huge, will work long thankless hours, and will supplant the rest of it with automation.
I’ve had my resume rewritten by professionals, I’ve tried applying for things outside of advertising that just require a college degree… it’s mostly hopeless. I do have a promising interview next week, but that’s after 7 months of serious searching.
IDK, I’m stuck in an underpaying marketing job and my state literally is tossing money at me to retrain in something else, that’s where I’m at after hundreds of applications trying to get out from where I’m at right now. Probably going to go to grad school after the retraining program I’m at to try and wait out this mess (IF I find a low cost program, zero motivation to pay tens of thousands when I’m still sitting on the financial hilarity my undergrad left me with).
At least this time around, unlike the tail end of the 08′ recession I graduated into with my undergrad – people aren’t insisting I work for free for years on end? (clients from heck insisting I can survive off of ‘exposure’ or taking assets and trying to skip out on the invoice…) :T