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re: Is the job market "bad"?

Posted on 9/2/26 at 9:43 pm to
Posted by THRILLHO
Old Metairie near Cleary
Member since Apr 2006
50523 posts
Posted on 9/2/26 at 9:43 pm to
quote:

Unemployment is at 4.1% (widely considered full employment by economists)

Jobless claims are at 50 year lows



Aside from portions of 2020 (during Covid, when the Fedgov was paying people money to do whatever they wanted), the participation rate is also the lowest in ~50 years. Low unemployment doesn't tell the whole story.
Posted by geauxbrown
Louisiana
Member since Oct 2006
28257 posts
Posted on 9/2/26 at 10:30 pm to
It is for us older folks.
Posted by Will Cover
Davidson, NC
Member since Mar 2007
40406 posts
Posted on 9/2/26 at 10:42 pm to
quote:

I see on LinkedIn


I deleted my account years ago and haven't looked back. It started to turn -- and maybe it is even more so today -- into Facebook.
Posted by BayouBengalRubicon
Baton Rouge
Member since Dec 2019
539 posts
Posted on 9/2/26 at 10:45 pm to
quote:

There’s plenty of great jobs available for people who are willing to work hard, aren’t entitled, and are willing to prove their worth. Unfortunately there’s a supply shortage of those workers.


okay boomer... The problem is all these hardworking people are having their jobs replaced by Indians, and they're not willing to take jobs for $30K a year like the H1B's do
Posted by Motownsix
NOLA
Member since Oct 2022
3451 posts
Posted on 9/2/26 at 10:49 pm to
quote:

isn't an accurate number. The last 2 administrations have rewritten the rules on what counts as "unemployment."


Worked pretty closely with BLS people over the years. While the revisions seem complicated or deliberately misleading to someone unfamiliar with statistics/data collection the BLS did a great job.
The government is good at collecting data.
Posted by tadman
Member since Jun 2020
5618 posts
Posted on 9/2/26 at 10:51 pm to
quote:

The rate that AI screens out overqualified is staggering.


I've heard the same, that HR is using AI to write job descriptions and weed out candidates. It would be interesting to see someone selling access to an AI job finding tool that writes resumes and cover letters tailored to beat the AI tools the weed out and write postings.
Posted by THRILLHO
Old Metairie near Cleary
Member since Apr 2006
50523 posts
Posted on 9/2/26 at 10:57 pm to
quote:

It started to turn -- and maybe it is even more so today -- into Facebook.


You're 100% right, but it's pretty easy to avoid the bullshite: don't read the main timeline/feed or whatever it's called. Keep your resume on the site, accept whatever invitations/connections you want, and spend ~1 minute per week checking for updates to see if you've been contacted by a potential employer.

There's really not much downside to simply keeping an active account. Though I suppose the same could be said about Facebook. I deleted my FB account around 2020 because cancel culture was ramping up and I was prone to drunk-posting my politics, and the risk wasn't worth the ever diminishing reward.
Posted by Will Cover
Davidson, NC
Member since Mar 2007
40406 posts
Posted on 9/2/26 at 11:01 pm to
quote:

There's really not much downside to simply keeping an active account.


If one is looking for a job, I agree.

I'm actually at a place that I can see myself retiring at. I don't want to get too ahead of myself, but after many years of being at the wrong places, mostly due to cultures that were toxic, created by people who didn't truly know how to lead people --- or appreciate them, I've found a place that actually is the opposite, and we are incredibly valued, appreciated, and respected.
Posted by BK Lounge
Member since 1978
Member since Nov 2021
5478 posts
Posted on 9/2/26 at 11:02 pm to
quote:

Though I suppose the same could be said about Facebook. I deleted my FB account around 2020 because cancel culture was ramping up and I was prone to drunk-posting my politics, and the risk wasn't worth the ever diminishing reward.



I think the same about facebook .. haven't posted anything there in a few years, mostly due to boredom and the novelty wearing off.. .. but tbh the reason you give sounds more like a *you* problem than a facebook problem .
Posted by THRILLHO
Old Metairie near Cleary
Member since Apr 2006
50523 posts
Posted on 9/2/26 at 11:16 pm to
quote:

I'm actually at a place that I can see myself retiring at...I've found a place that actually is the opposite, and we are incredibly valued, appreciated, and respected.


I can relate. I love where I work and would hate leaving. Unfortunately, due to the company size and structure, the financial benefits of me leaving increases a bit every year, so I keep the Linkedin account going.
Posted by THRILLHO
Old Metairie near Cleary
Member since Apr 2006
50523 posts
Posted on 9/2/26 at 11:25 pm to
quote:

but tbh the reason you give sounds more like a *you* problem than a facebook problem .


I don't disagree. I wasn't trying to imply that it was a decision based purely on FB. I simply did a cost-benefit analysis and decided that the limited enjoyment that I was getting from the site wasn't worth the risk of me posting something a bit risque that could get me in trouble. And it's not like I was getting plastered and posting Nazi propaganda, I was just seeing more and more people getting fired for relatively tame comments and decided it wasn't worth the risk since I was getting very little enjoyment from the site.

Posted by jttasty
Texas
Member since Oct 2011
242 posts
Posted on 9/3/26 at 12:24 am to
I am trying to figure out where is the economy is bad. Every shopping center is always full of cars. I see this all dsy long. I keep asking where iare they getting the money in this horrible economy.
Posted by Spankum
The Sip
Member since Jan 2007
63428 posts
Posted on 9/3/26 at 12:43 am to
Before I retired, I put out two positions for entry-level construction hands. Listed hourly rate and benefits on the job description. I was pleasantly surprised to receive over 100 applicants. Through elimination of convicted felons and other ridiculous shite we worked the number down to about 25 that we brought in for an interview. We had them fill out a short application at the interview. Half the guys couldn’t write well enough to fill out the application….and one guy wore no shirt to the interview!

We decided to offer jobs to five pending drug testing. All five either didn’t show for the drug test or didn’t pass it.

Out of over 100 applicants, I was able to hire not one individual.
Posted by BK Lounge
Member since 1978
Member since Nov 2021
5478 posts
Posted on 9/3/26 at 1:02 am to
quote:

I don't disagree. I wasn't trying to imply that it was a decision based purely on FB. I simply did a cost-benefit analysis and decided that the limited enjoyment that I was getting from the site wasn't worth the risk of me posting something a bit risque that could get me in trouble. And it's not like I was getting plastered and posting Nazi propaganda, I was just seeing more and more people getting fired for relatively tame comments and decided it wasn't worth the risk since I was getting very little enjoyment from the site.







Fair enough .


I do think that "social media" in general gets a bad rap when (not directing this at you) in fact it's usually people who cant control themselves who make social media worse than it needs to be ...... I tend to have the discipline to keep from posting controversial things online (the fact that I quit drinking a long time ago helps) .. ultimately I think social media is like automobiles, in that it's a double-edged sword.. a car can be a way to go to work, to travel and visit family, et al.. but if you've had a few drinks, it can turn into a 3,000 lb weapon ... similarly, socials can be an effective way to keep in touch, to share family photos, even to market your business, or to sell second hand items (FB Marketplace).. BUT if someone's prone to oversharing or is generally a miserable person, they can turn socials into place to bully people, or to - in some cases- ruin their own lives wth things they post .


In both cases I think it's undisciplined people who turn it into a net negative rather than a positive .


.


.


This post was edited on 9/3/26 at 1:04 am
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