Subtract the fake job postings…
Ghost jobs have to be one of the final steps before the Great Fall. I can’t imagine the system staying sustainable when companies are making money by pretending to hire people as unemployment soars and the government has completely gutted or dismantled consumer and worker protections.
We’re going to have a massive economic collapse, most likely immediately after Trump dies so that he won’t face accountability and his followers will not only remember him as a hero, but associate the new depression-level collapse with the democrat president who will inevitably be elected in to repair the damage.
I’ve seen this happen before over and over, but I’ve never seen the cyst swell so large before bursting.
I’m watching the amount of unfilled jobs skyrocket at the plant i contract at. They remove them from workday after two weeks but they just get posted again. 30-40k/year jobs for pretty shit shift work. 60k for electricians. 80k for engineers with 5+ experience, lean leader/six sigma bullshit.
Companies are actually lowering pay from what I’ve seen and struggling to understand massive turnover rates.
Im seeing this. Postings leaving and coming back. I have figured out the minimum to keep me in the black and its 90k.
In my experience, some companies keep large numbers of job openings listed in case “something happens” to a chunk of their workforce.
They likely feel like it’s worthwhile to keep an available “pool” of workers who can come in right away if needed and most desirable of all, they can start at entry-level wages as they replace senior workers who are earning a lot more.
No company is too large to be willfully digested by private equity, and one of the first things they do after over-valuing their company, is start gutting the workforce from managers and other senior positions to cut costs.
A sudden shrinking of healthcare job postings. I wonder what could’ve caused that.
The american job market is dead and everyone knows it. There are no good jobs to be found, and if you do find one, you are competeting with thousands of others for the same position.
I’m terrified to lose my job, i’ll have to go back to retail and i will be denied because i have too much experience and they would rather hire someone with 2 years experience instead of 15.
America is crumbling and about to collapse and the media and employers are doing their best to act like nothing is wrong and everyone is happy!!!
I just interviewed for an internal posting at my company. It’s for a division that we all know is going to be laid off within five years, but I need to get out of my current role. The interviewer told me he got 53 applicants. When the same job was posted for a healthier division eight months ago, they got four.
So, yeah, definitely a few more jobseekers running around these days.
I’m tired of all this winning.
I thought the fields were going bad because of the lack of workers? I didn’t click the article, just going off of the title.
Well if the crops are going bad, you don’t need to hire the truckers to move the produce, you don’t need to hire the grocers to sell the produce, and you don’t need to hire the chefs to cook the produce.
The article doesn’t address this though, rather:
Job openings decreased in health care and social assistance by 181,000, in arts and entertainment by 62,000, and in mining and logging by 13,000.
Which doesn’t say that it’s directly related. Health care and entertainment jobs reducing is probably more indicative of Americans spending less on discretionary spending either because of economic hardship or the expectation of economic hardship.
Mining and logging losses could be tariff related, or possibly in response to softening demand for primary inputs.
Which doesn’t say that it’s directly related. Health care and entertainment jobs reducing is probably more indicative of Americans spending less on discretionary spending
Healthcare networks are the largest employer in just about every state. The reason we’ve seen shrinking in the job field isn’t because of discretionary spending, but because there’s been instability introduced because of cuts to Medicaid.
This is just the beginning, Medicaid cuts just went into effect, and they are planning on cuts to Medicare reimbursement as well. So I imagine jobs reports are going to be fucked for the foreseeable future.
And the medical employers are already cutting jobs expecting the downturn in payments.
I imagine jobs reports are going to be fucked for the foreseeable future.
No, the reports will be fine. They’ll be excellent. Beautiful, even. They just won’t be accurate. The administration has made it clear that they’d rather have good numbers than real numbers.
This is a great point, and one I overlooked. Thanks for sharing!
Health care and entertainment jobs reducing is probably more indicative of Americans spending less on discretionary spending either because of economic hardship or the expectation of economic hardship.
This comment implies that in American health care is discretionary spending which speeaks volume to how fucked up accessing health care is in the US.
This is a temporary shock due to the abduction and terror inflicted on farm workers. It’s not necessarily representative of the economy as a whole.
Haha, yeah… temporary.
https://www.economist.com/interactive/trump-approval-tracker
Mr Trump was re-elected on a wave of economic pessimism, telling voters that “incomes will skyrocket, inflation will vanish completely, jobs will come roaring back and the middle class will prosper like never, ever before” during his second term. So far they have been disappointed. Ratings of his handling of the economy and inflation were net positive shortly after his inauguration. They have since fallen to strongly negative in the wake of his declarations of trade war and the ensuing response of investors.
I mean for all the bullshit he spews this is the one time in my book where it actually qualifies as a case of “politician said politically motivating shit to get elected and didnt do any of it once elected.” I guess at this point it just sounds more stat quo for politicians than his usual shit like “bleach cures covid”
*Available jobs statistized here primarily ‘synthetic jobs’ posted to give the illusion of growth
Hey look, I’m a statistic. Been looking for work since 2023
