Why is it so hard to find a job despite low unemployment?

https://www.businessinsider.com/why-hard-to-find-job-us-though-unemployment-low-2024-2

by rustoo • 2 years ago

25 39 2 years ago

Because it's easy to find a job. It's much more hard to find a good job.

Also, how many of the unemployed are any good? I know people who are unemployed. I don't know any I would want on my team.

And while on paper a few are theoretically great (20+ years experience as a software engineer), they don't want to learn React or newer versions of Java.

hmcq6• 2 years ago

Also, how many of the unemployed are any good?

Do you understand what a layoff is? The market is flooded with great developers who got let go by CEO's and managers who are either incompetent or negligent.

naijaboiler• 2 years ago

these type of comments are common until it happens to you

rramadass• 2 years ago

Total BS!

People are willing to learn anything and everything to land and keep a job. The problem is the HR/Recruiting process using buzzwords/jargons/fads to screen applicants in a all or nothing manner.

tracker15• 2 years ago

I'm looking right now with 20+ years of experience and recent with .Net/C# through v6 and React v16.

That said I'm trying to stay less than a 15% pay cut. There are jobs... And I'm about to go ahead and take the 25% pay cut a lot of the jobs are at.

But it still sucks. I'm applying and seeing literally over a hundred others have applied to most things.

I'm also so sick of boilerplate rejection emails. If I haven't spoken to a human, I'd rather not get any email at this point.

apapapa2• 2 years ago

Unemployment rates are fake btw

patrick451• 2 years ago

Yup. Letting people "drop out of the workforce" is the perfect way to let you produce any number you want. Any measure other than number of people with jobs divided by US population is is suspect and likely corrupt.

actuallyalys2• 2 years ago

I think this perspective is simplistic, but the U.S. government does produce basically this number (although I think they exclude children): https://fred.stlouisfed.org/series/EMRATIO. Currently it's 60.2 percent, a value higher than immediately after the major COVID layoffs or the 2008 financial crisis but lower than peaks in the 80s, 90s, or 00s. Most of this drop is because of the U.S.'s aging population. Looking at the same ratio from people between 25 and 54 shows it's 80.6 percent, about as high as ever: https://fred.stlouisfed.org/series/LNS12300060.

throwaway5959• 2 years ago

My mom and dad are retired. Should they impact the unemployment rate? They never plan on having a job ever again.

gruez6• 2 years ago

Just because you disagree with the definition of "unemployment" (U-3) doesn't mean it's "fake".

AndrewKemendo2• 2 years ago

It is because it’s dependent on people signing up to a service successfully.*

What i was unemployed last year I experienced what I already had seen other friends experience: the whole unemployment system is designed to prevent you from using it and if you work remotely it’s even harder as you have to file twice and maybe they accept you.

* incorrect i was working on bad information

ipaddr2• 2 years ago

The meaning of the word and the ever changing definition are two different things causing the idea that they are fake and real.

By the definition they are correct. The definition is fake as in the formula is changed to suit political goals and doesn't reflect what an unemployed person is.

If a period of time passes where you still can't find a job you get excluded. You are no longer unemployed. Tell that to your parents/wife. That alone makes the entire definition more than suspect. Onr might even say fake.

willcipriano• 2 years ago

Its fake to call it the "unemployment rate" with such authority, inflation (CPI) is similar.

apapapa2• 2 years ago

It's either newspeak or deceiving at the very least.

mgh2• 2 years ago

Video: https://www.youtube.com/watch?v=hHaDrM8EgYg

tuatoru• 2 years ago

Siu, who's trying to use his pharmacy degree to work in other parts of healthcare, is finding it harder to land interviews than in a prior job search.

HR is using AI application tracking systems to screen applicants, and it's doing as good a job as AI and software does. Don't have $EXACT_KEYWORD1 and $BUZZWORD2? Your application will never get seen by a human.

csomar• 2 years ago

One reason could be that the current unemployment rate used is not that useful.

A better metric would be total employment: https://tradingeconomics.com/united-states/employed-persons

It has increased since the pandemic, but so did the US population. If the linear trend (pre-pandemic) carried on, the US should be at 165 million total employed. However, currently it is sitting at 161 million. So there is 3-4 million jobs missing.

Why is it so hard to find a job despite low unemployment?

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