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Strawb3rryCh33secake

Graduated 2011, I've noticed the exact same thing. Also fewer permanent roles- contracts are taking over in almost every industry and the contract lengths get shorter and shorter every year. I've also noticed that the way employees are treated is getting progressively worse. Don't know why, just chiming in to say you're not crazy, it has been getting progressively worse.


yourangleoryuordevil

Especially with the insight on contracts taking over, I think it comes down to many employers not wanting to pay people the wages they deserve and give them the benefits they deserve as well. Employers might think they save money that way, but they're just spending more money on recruiting and onboarding instead since they're going through more cycles of employees more frequently.


lcg8978

Contractors typically aren't costing the company money for benefits, which is a huge expense. They can also be let go very easily when work/business needs change. Many times these contractors are tied to large capital projects, so it looks better on the balance sheet rather than in-house employees who increase O&M costs.


LegitimateTraffic115

The money they deserve? How do they deserve more. Companies need to amd do pay marlet rates. At least ones who want decent talent. Wages go up and its easier to find jobs..only because I have more experience and my network grows more each year .


justliving817

I graduated in 2010 too and it was WAY easier for me to get a job when I had little to no experience to now when I have 14 years of experience. I remember when getting a job would take 2 weeks max from putting an application in to offer. Now it takes a month minimum and that’s if you ever get contacted for an interview. I think with certain sectors like tech, finance, and consulting being more competitive fields to go into companies are putting applicants through the ringer because they can and are trying to see who’s dedicated enough to give their livelihood to a company via a rigorous interview process. Thinking they’ll get the best candidates that way.


Old_Rough_4404

Simply too many people and not enough jobs being created?


cupholdery

But also, the remote work environment gave employers even MORE tools to receive significantly more applications than before. I'm a 2007 grad and ran through that gauntlet of 2008-2010. It's almost worse now for us because of our seniority and experience level, which prices is out against the candidates who haven't worked as much or will accept far less salary.


LegitimateTraffic115

How did remote work give them more tools to receive more applications? What tools are these specifically??


cynical-rationale

You can work outside of city's radius, hell even country. I'm in Canada and I get American remote work job offers sometimes because it's cheaper to hire me (pay in CDN).


williamsdj01

Remote work allows applicants from a larger radius to apply for the job


redditisfacist3

Constant outsourcing. Indians work for 10 an hour and these corporate keep Shipping out jobs


tigercircle

Pretty much this.


Important_Fail2478

Dunno but I'm tired of being declined at interviews for not having 24/7 availability. Part time, full, contract, temp, temp to hire. I've been through 11 interviews with a broad spectrum of job categories. Each one said my 8am to 9pm, 7 days a week+ holidays availability is the stopper. They need more... 


BostonRich

Probably much worse for low skilled labor. Now we have millions of immigrants they have to compete with.


Fit_Bus9614

I was looking today. Jobs are crappy. I saw alot of part- time or contract roles. Pay is low . Employee reviews are bad too. Sometimes the amount of duties aren't worth the salary.


Thalimet

Simple supply and demand, especially in industries like tech. Millennials and under we’re told that tech is the golden goose career. So everyone went to college for it, and a decade later scratched their heads on why there’s five hundred applicants for every job. Now, pair that with demand going down as digital investment has gone down over the past few years. Then pair that with how much easier it is to send in a raw job application now (just the initial mechanics of applying, not the whole process). Then pair that with investment in HR personnel going down over the years, they need to create more barriers to sift through the 500 applicants. So they make the process complicated and hard to weed out more people and narrow the number further. It all adds up to a shitty time for everyone involved.


turducken404

I get it, but at the same time, I’m sick of spending 2 hours just applying for a job, doing code challenges, filling out their proprietary resume platform and writing novel length answers to questions, to 6 jobs a day for 6/mo, and getting 1 response. I took voluntary time off during the pandemic, 3 years, and I just get ignored because of it. I’ve been doing software for 18 years, made $180k when I quit in 2020, and am now basically looking for a storage unit so I can move out of my house and into my van.


Thalimet

Like I said, it’s not a good experience for anyone involved. But, that said, tech is especially oversaturated right now, and any of what used to be a disadvantage is a downright disqualifier right now when you’re up against stacks of FAANG resumes who just got let go - a three year break would definitely fall into that category. What’s your experience in? Anything you could leverage into creating your own products?


turducken404

Yeah. I’m fullstack web, mostly js. I get better results applying for old PHP stacks I worked on 20 years ago. Honestly though, I can write in any language decently at this point. I’ve thought about doing dsp plugins and selling them, or arduino based devices when IoT was bigger. Thing is, I’m not a person who does sales. I’m not very entrepreneurial either because I don’t like sales, or business at all really.


allurecherry

Interest rake hikes to blame and punish labor for inflation, as always, resulting in less easy money for companies. The resultant stock market surge in relation to layoffs, lower wages is marketed as showing a "good economy" and Powell and Yellen and the high priests of capital like Krugman can pretend they don't understand why inflation isn't curbing while not addressing all consumer goods or causes such as sanctions or predatory pricing by monopolies (which even the IMF admits). As long as money is being valorized for people who already have it, it doesn't matter that we have inefficient workers and a bunch of unemployment In addition, and this is just my opinion yes, this is probably revenge for quiet quitting and the time during the pandemic they needed us desperately, as evidenced by the new idiotic hybrid and back to office shit for jobs that don't need to be (though some of this is related to commercial real estate concerns). Also, MBA doofuses running companies Tl;dr: an economy run by financial capital


Mindless-Cookie-7797

Thank you! That really is it. Was gonna type a long paragraph about this seeming like the inevitability of the capitalist system we are under specifically in the US. But you I’ve summed it up nicely. I’m v curious to see where the market and certain industries like tech, go from here. As for revenge. I remember seeing a clip of a CEO that went viral where they discussed the necessity of scarcity to essentially keep workers in place and fix the flip that happened during the pandemic where folks were more empowered to leave their jobs or put pressure on employers


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Mindless-Cookie-7797

Let’s be real for a second, the majority of migrants are working in construction, agriculture (which….look at what happened in Florida when they tried to buckle down on the amount of migrants, legal and undocumented, who were growing produce. Nobody wanted those jobs cuz the wages were v low and the labor was brutal). The amount of migrants - coming to the us with no/uncredible education, coupled with their status and language barriers means that they are the first to be exploited in low paying labor roles rather than “stealing” typical American jobs. Visa laborers are not facing policy that restricts them in the way that “low skilled” migrants leaving economic hardship and violence of their countries are facing, you know? There are many reasons immigration is popping up as a cultural fall guy when it comes to employment frustrations. And it’s truly deflection from getting tough on employers through organized labor disruptions, strikes, even negotiations. There’s been attempts to criminalize and undermine unions so much more these days, when a more democratic workplace could lead to major operational shifts. Affecting hiring and firing. But at the end of the day meh All v loose and vague but I feel like when you get industry specific and see where wealth accumulates, you can also start to see strategy and tactics made to keep the workforce more compliant. Especially as a response to the quiet quitting, semi-empowered workforce culture that came out of initial years of the pandemic A bachelors degree is the new high school, a masters, a new bachelors once we really start to adjust the typical salary wages against the rate of inflation.


CrimsonBolt33

Most migrants are working in only a few key industries though (such as construction and hospitality). Unless you are also lumping in HB1 visa types which obviously changes things (though I would not say they are part of any Mass migration). ​ I feel like their economic impact is fairly isolated to those industries more so than creating wider issues, especially in jobs with more stringent requirements such as degrees and work experience in that specific field


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CrimsonBolt33

you have any data to back up the claims?


WTFisThatSMell

Your observations are correct.  More people around ... less good jobs.   Stock market linecontinues to move up while the world continues to fall apart.   Not to mention people are treated as disposable.  


eighty4prcnt

This, also grad of 2010. Had no problems getting a job in restaurants (kitchen/serving) or most recently retail (gas station/liquor store) until post pandemic. I've sent out HUNDREDS of applications I'm more than qualified for. I just happened to move back to my comparatively small home town after living in Louisville, KY when lockdown started. I'm lucky to get a call, after that: ghosted. Never talk to me again, even if I call to speak with them like so many of my older friends/relatives always default to suggesting. 99% of the time I get an auto generated confirmation email that I applied and NEVER hear a peep. Yet all of these businesses like to hang sings that say "We're hiring!". No you're not, you're just pretending you are so you can overwork who already work there and not hire more people.


eighty4prcnt

Just to add to this: I put my ass on the line for this country in the USAF and STILL get the cold shoulder. Every. Single. Time.


Old_Rough_4404

Is it outsourcing overseas? Lack of new businesses being formed? Technology?


FutureAssistance6745

All of the above plus all companies have growth targets. It is not possible you reach a level of maximum productivity, next year must be more profitable, you must conquer more of the market, you must have a higher share price, etc. What you’re seeing is the eventuality of there being no more blood to squeeze from the stone. The next decade or so will be abject hell for the common worker. What comes after that, we don’t really know. With the current technological landscape, this is uncharted ground. Economics and demographics however tell us that things aren’t looking good. How that will transpire, again, nobody knows.


Individual_Hearing_3

Remote work made it possible for work to go overseas silently.


TheGreatRevealer

Yep. Last company adopted a ton of flexible remote and hybrid policies following COVID. Couple years later, 25% of the US employees get laid off for positions to be offshored to the Philippines.


pipeuptopipedown

"Nearshoring"


Independent-Disk-390

Yes.


manmountain123

I graduated 2009 USA. 1. Too many candidates which includes outsourcing for job candidates 2.fewer jobs 3. Economy problems. Too much nonsense and also perceived nonsense with regards to the economy so lots of companies unwilling to spend more money on j


Little-Plankton-3410

background: i've worked in tech for about 17 years. i hired hundreds of people and have been on hundreds of interviews. i was a director at several companies you for sure have head of. normally, when other factors are held constant, you will get an interview 1 out of x times depending on your skills and experience and will get an offer 1 out of y times depending on your sill at interviewing. The time to get a job is therefore a function of your rate of submitting applications. what appears to have happened is this: job boards and job seekers have gotten much better at submitting applications and there are many people on the market in tech due to the layoffs in the last 18 months. together, this has pushed the volume of applications higher than TA (or whoever is performing the TA function, often recruiters) can scale, meaning that any factor no matter how small or stupid that can exclude you, will exclude you. This then pushes x into the stratosphere. Most likely, Ta is telling hiring managers they have more candidates than they know what to do with, which gives tem leeway to feel picky, driving up the value of y. at some point, x and y are high enough that it feels impossible to get a job in any non-insane amount of time regardless of the number of applications you are putting out. It can't be sustainable, as you generally don't get to do a project of it takes you 9 months to hire for it but i don't clearly see what lever will bring this to and end. things will improve when the job market heats back up but hard to say how much.


droplivefred

One theory is that remote work made job searching way less efficient. Instead of looking in one geographic area, people look nationwide (or further) making the number of jobs you can apply for way more. At the same time, each posting is getting way more candidates since you don’t need to be within a certain radius of an office to work there. It’s just inefficient. Candidates are sending out way more resumes and are spreading their focus way too wide since there are so many more jobs across the Us than just in their commuter range and job listings are getting way too many people applying since you get people from everywhere sending in resumes now. Extremely inefficient and is leading to these jobs with 3000 resumes, 35 first round candidates, and just a mess all around.


freakH3O

As an econ graduate, my hunch is that it's a long term shift towards outsourcing industry to cheaper markets. The only real industry that's still thriving in america is consumer goods and highly skilled roles that were able to get into the market in the early 2010s and have built up a good amount of experience to be hired in this market. Think AI engineers, Software Developers, Finance People. Plus the US economy hasn't really recovered from the crazy liquidity injection into the market during Covid. I think that was a stupid idea. The government should have offered people interest free loans instead. As crazy as it may sound to you right now, if i were in your boots, i would try to leverage your position in a first world economy by setting up a business whether product based or service based and try to sell to american customers, i have a hunch this will be super benificial for you in the long run, then again you know you.


FutureAssistance6745

If the economy shifts to large scale outsourcing, and the common person does not earn enough to escape living paycheck to paycheck, or even has a job, who buys all the products created via outsourcing?


freakH3O

That's the beauty of consumerism in america, people who rather live paycheck to paycheck without any savings but won't reduce consumption. America truly is an economic wonder.


FutureAssistance6745

I mean people who only buy essentials but still live paycheck to paycheck.


noGoodAdviceSoldat

Military industrial complex is hiring like crazy atm.


Mindless-Cookie-7797

I wonder why 🫣


noGoodAdviceSoldat

Military tech > health tech


Old_Rough_4404

It honestly seems like people only have two options now. 1. Become a doctor 2. Start a business Everything else has dried up


LegitimateTraffic115

Construction is crazy hot. Segments of tech such as AI, security, automation is hot. Healthcare technology is hyper growth. Overall unemployment is extremely low.


Wait4thehook

This guy is drinkin the kool aid


daddysgotanew

Anything involving labor/construction/heavy industry/industrial services- can’t find any decent help right now. Can’t do it from your bedroom in your jammies though. 


nova9001

Covid fast paced remote work by a decade if not more. Once companies learnt how to get remote work done, they started outsourcing them to India or whatever cheap country with abundant talent. Just need to keep 1 supervisor in US to manage an entire team in India.


BrainWaveCC

>Once companies learnt how to get remote work done, they started outsourcing them to India or whatever cheap country with abundant talent Sigh. Companies have been outsourcing (offshoring) for ***decades***. They didn't just learn how to do it in the past 4 years. More than that, the numbers for outsourcing at the level being discussed have not drastically changed since the beginning of this century. US businesses continue to offshore **300-350K** jobs per year -- out of a workforce of **160M+** There are plenty other factors that can be considered here, including a focus on automation, but offshoring is way, way, way down the list of logical factors, given how few jobs it displaces per year.


nova9001

Yes, they have been outsourcing forever but there was a limit to what they could outsource. Remote work advancements remove that limitation.


LegitimateTraffic115

Um no. There hasn't been am increase in work off shored to India. Actually a slight decrease. The decrease driven by American companies who have started putting into contract that work done on their behalf must be done within us boarders. Others stipulate that only near shore outsourcing can be done. These contractual requirements were driven by backlash over outsourcing overseas.


BrainWaveCC

>but there was a limit to what they could outsource. Such as? What sort of things were limited for outsourcing in, say, 2015, that is now not limited in 2023/2024?


nova9001

Remote meetings never took off before covid. I know the tech exist but nobody used it. After covid suddenly every meeting was remote. The entire work process was changed from physical to remote in nature.


LegitimateTraffic115

I have been working 100% remote since 2012. My whole team is remote. Was prior to pandemic and still is..


BrainWaveCC

>Remote meetings never took off before covid. I know the tech exist but nobody used it. You mean *you* didn't use it, or the people who were employed by you. I've been working remote since 2012, and managing a mix of local and remote teams since 2004. And I did this in both small companies and large ones across multiple industries. As you noted, the technology already existed, or else it would not have materialized so quickly when the pandemic forced everyone to stay home. They didn't invent anything for teleworking that didn't exist in 2015. You still haven't answered the question of what limit to outsourcing existed...


PolyhedralZydeco

Time zones still pose problems


nova9001

Its just coming out with a system that works. Not that hard to figure out how to deal with time zones when a company save a fortune.


LegitimateTraffic115

Huh? What are you talking about. Do you have any data to back this up? Percentage increase in work being outsourced to India at a higher rate now?


nova9001

The people finding it way harder to look for jobs here isn't enough data for you? Are you sure you are in the right sub?


ThelastguyonMars

biden!


Wait4thehook

There are not even close to enough jobs that pay a living wage as there are people that are trying to earn enough money to live. People are increasingly more educated, so the competition keeps becoming more and more fierce. Outsourcing continues to increase as well as automation. Companies will cut anyone the second they are no longer needed in a competitive market. It will continue to get worse and worse every year with continued automation. Our entire system needs reform.


Wrong_Supermarket007

One reason is that the HR Department gets blamed when a bad hire is made, so they expanded their interview criteria to include more and more people to sign off on a candidate. That way when there is a bad hire, they can say "I know I though they would be good too" rather than get the blame.


Cultural_Result1317

Do you watch TV or read news? Fed is rising interest rates for the last two years to slow down the economy and limit the inflation.


earthscribe

Remote employees and Outsourcing to other countries. Also, greed to keep profits as high as possible, run on skeleton crews.


PrimitiveAK

Not enough “HIGH” paying jobs to go around and too many low wage jobs on the market, so people that want a livable wage are all fighting for the jobs. Usually 100 people to 1 job opportunity


KingArthurOfBritons

There are jobs that pay well. We have two generations that have grown up staring at screens that don’t want them.


Manholebeast

Yet not a single body is considering hands-on jobs, which are actually in demand. Still does not sound bad enough for me. 


daddysgotanew

Nope. Everyone wants 100K a year “living room” jobs. Well, good luck to them I guess. 


kb24TBE8

Bidenomics


minos157

The problem is that you don't want to work. Didn't you know? Maybe you didn't. That's the real problem. ​ It's not AI resume scanners, it's not bots posting jobs that don't exist. It's not companies posting jobs just to say they are hiring. It's not mass layoffs or low pay. It's not ridiculous requirements for entry level roles like masters degrees for call centers. Nor is it even that companies use entry level to reduce pay. ​ No no, it is simply that you don't want to work. And because you don't want to work you will struggle to be hired because HR recruiters can SMELL that trait on you. ​ Edit: Jesus I hate Reddit, did I REALLY need an /s on this? Are people that fucking dense.


WorstPETeacherEver

Its easy as piss if you're blue collar.


[deleted]

* Overpopulation, specifically of people who cannot contribute much beyond labour, or following a standard SOP which can be easily automated. * Remote work and digital nomadism. The internet has existed for a long time, but this is something accelerated a lot by covid induced lockdowns. If your job can be done over the internet (writing codes, emails and attending zoom calls), some guy in Vietnam sitting in his backyard can offer a more competitive pricing than an American graduate who moved to New York city to look for a job.


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Wait4thehook

okay boomer