Why Is It SO HARD To Find a Job Right Now

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  • Опубліковано 26 вер 2024
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    3. VIDEO DESCRIPTION
    In today's job market, finding employment has become a daunting task. The Federal Reserve's decision to raise interest rates has sent ripples of uncertainty through the economy, leading many companies to adopt a cautious stance on hiring amidst forecasts of a possible recession.
    As someone actively navigating this landscape, I understand the frustrations and challenges faced by job seekers. Opportunities seem scarce, competition is fierce, and the constant uncertainty can be disheartening. However, it's crucial to remember that economic cycles are just that - cycles.
    While the current environment may seem challenging, there are indicators pointing towards a brighter future. As inflation gradually subsides and interest rates stabilize, businesses will regain confidence, leading to increased investments and job creation. It's a matter of weathering the storm and staying prepared for the upswing.
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КОМЕНТАРІ • 310

  • @jongho.finance_made_easy
    @jongho.finance_made_easy  3 місяці тому +2

    Get Your Stress-Free Budget Template Here! subscribepage.io/iiMqe1

  • @Problempossum11
    @Problempossum11 4 місяці тому +171

    My mom told me that back in the 80's she went to a job fair and they asked her the question "what kind of person would you describe yourself as?" Her response was "a happy one" and she got hired on the spot. Times really have changed

    • @teaadvice4996
      @teaadvice4996 4 місяці тому +1

      Did she also blow him. She probably didn't tell you that part....

    • @money0436
      @money0436 3 місяці тому +11

      there was no internet back in 80s so that makes sense.

    • @mightguy3118
      @mightguy3118 3 місяці тому +6

      ​@@money0436 The Internet and applying online makes getting a job 10X harder tbh. When you apply online the job employer isn't gonna even see your application or be in a rush to review it. Walking in and filling out a physical application is better

    • @Ukrainian-woman-of-your-dreams
      @Ukrainian-woman-of-your-dreams 3 місяці тому +6

      You have to come up with a better/more professional answer to that same question nowadays...plus proof.

    • @mightguy3118
      @mightguy3118 3 місяці тому +8

      @@Ukrainian-woman-of-your-dreams That response wouldn't even get you hired at McDonald's

  • @dazedhavoc
    @dazedhavoc 4 місяці тому +250

    But the government keeps telling us unemployment is at all time lows. 🤦🏼‍♂️

    • @globalfamily8172
      @globalfamily8172 4 місяці тому +25

      this really IRKS me. It's abusive.

    • @philsky888
      @philsky888 4 місяці тому +24

      Gaslighting!

    • @johnsmith1953x
      @johnsmith1953x 4 місяці тому +16

      Unemploment is at a 60 year low.
      The jobs are in hotel services, restaurants, plumber, roofers, carpenters!!
      software engineering is wayyy over saturated.

    • @SeaforgedArtifacts
      @SeaforgedArtifacts 4 місяці тому +5

      And our wages are "too high"

    • @jeremyt7752
      @jeremyt7752 4 місяці тому +29

      The economy is booming, inflation is coming down, the border is secure, crime is low. Ya right Joe.

  • @breakingstyles22
    @breakingstyles22 4 місяці тому +116

    After being laid off, I trained to become a lifeguard. It did wonders for my mental health and physical well-being.

    • @Antody
      @Antody 4 місяці тому +11

      Same, manual labor is a key to happier life.

    • @tonygarcia2591
      @tonygarcia2591 4 місяці тому +9

      But you make no money gonna do wonders to mental health as you work into your 80.

    • @weweweLit
      @weweweLit 4 місяці тому

      @@Antody no please

    • @ellenchan2357
      @ellenchan2357 4 місяці тому

      Agreed

    • @zoranpavlovic3319
      @zoranpavlovic3319 3 місяці тому +2

      @@Antodyagree to you million times. My friend is plumber in Chicago, makes easily 80-100k / year, after 5’o clock he is free and happy. I’m 30 years in IT industry and full of endless learning, certifications and other b/s.

  • @UnitedCorporationsOfAmerica
    @UnitedCorporationsOfAmerica 3 місяці тому +33

    My fallback job plan is always working at a grocery store. Now, I'm having trouble even finding a grocery job. America is a catastrophe.

    • @jongho.finance_made_easy
      @jongho.finance_made_easy  3 місяці тому +2

      keep at it, my friend. You got this. Hoping you find something good soon

    • @ryanjones4106
      @ryanjones4106 3 місяці тому +1

      your username is amazing lmao

    • @garrysaint-vil725
      @garrysaint-vil725 Місяць тому +1

      I attempted other supermarket jobs and got rejected 💣

    • @garrysaint-vil725
      @garrysaint-vil725 Місяць тому +1

      I tried shop rite from last year and I didn’t here anything from them

  • @jacobschoonmaker-uh8kx
    @jacobschoonmaker-uh8kx 3 місяці тому +26

    I was just ghosted for an entry level driving position at Amazon! I have my MBA, CDL, and years of experience in business, finance, transportation and logistics. I have been unemployed since Feb and have applied for hundreds, maybe over a thousand jobs. The Amazon delivery position was my first interview in 2 months! I felt that I nailed the interview, available to work any day any time. The interviewer said I was a great fit and to expect a call that day by his boss confirming employment. I never got that call. It's hard not to take this personally. I feel like all the work I have done in my life amounts to nothing. Slowly I'm losing everything. Soon I fear I will have lost everything, not just physical things, everything!

    • @TURBOMIKEIFY
      @TURBOMIKEIFY 2 місяці тому

      Amazon never called me back for challenging my wrongful termination. I had a fantastic case, I named names (specifically managers) who were associated with my termination in one way or another. Don’t get your hopes up. I was told by everyone in my facility that I was one of the hardest workers they’ve seen in a long time. They never defended me when I was caught “not working.” Nobody asked why I was fired, nobody challenged the decision. I even asked coworkers to talk to managers about expediting my case. Ethics even said they’d call me back after they finished up their investigation. It’s been a month and 5 days.

    • @bradygallagher4449
      @bradygallagher4449 Місяць тому +1

      Yah, big business is too busy. Learn to run your own shop. It’s amazing how shitty these companies treat us employees before we take a stand and say, I won’t deal with this. I am working on acquiring a company that thought they could take me to the cleaners so to speak. Karma is a bitch.

    • @davedsilva
      @davedsilva Місяць тому

      Keep trying. Ignore negativity. You can do it.

    • @harperperri4649
      @harperperri4649 Місяць тому

      Same situation but with Nordstrom. Told me I was hired and got the job, didn’t want to waist my time. Didn’t even call me back

    • @MARTHLUNASONTHEGO
      @MARTHLUNASONTHEGO 25 днів тому

      keep ya head up. There is still hope in these bad times!

  • @bradygallagher4449
    @bradygallagher4449 3 місяці тому +35

    I applied to over 1500 jobs with a MBA before I STARTED MY OWN COMPANY!

    • @abduladilsunnat2489
      @abduladilsunnat2489 Місяць тому

      Sorry to hear that, but hows you company going?

    • @bradygallagher4449
      @bradygallagher4449 Місяць тому +1

      It’s going. So far so good. It’s in the world of finance so it’s a ton of regulations with which to comply. It’s all good though.

    • @computeraidedyami
      @computeraidedyami 26 днів тому

      So are you hiring or what?

  • @kiathadiva7
    @kiathadiva7 2 місяці тому +13

    It’s hard to stay positive when you can’t afford to breathe !!!

  • @Sam-tr4cy
    @Sam-tr4cy 4 місяці тому +78

    We are in a recession heading into a depression, despite the mainstream not wanting to call it that

    • @zoranpavlovic3319
      @zoranpavlovic3319 Місяць тому

      you're absolutely right. I expected that Q4 would go better, but nothing. I heard rumors from a friend working on the stock exchange, that this catastrophe will continue in 2025th. Hope that he will be wrong

  • @peterwest2933
    @peterwest2933 4 місяці тому +87

    Unemployment so low because after 6 months people quit looking therefore they are not included in rate.

    • @mhedden033
      @mhedden033 2 місяці тому +4

      Also, if you are a laid off software dev applying to 5-10 jobs per week, but do at least 1 uber eats delivery a month then the government doesn't consider you unemployed.

    • @gbtruth6959
      @gbtruth6959 Місяць тому

      True that! Plus they count the number of people who are actually on unemployment not the number of people who have applied. And from what I’ve seen a lot of people who apply for unemployment have a very long wait up to a year until they even get the initial to confirm they even qualify for benefits 😮

  • @DanStrohschein
    @DanStrohschein 4 місяці тому +105

    I'm probably going to leave the tech industry after a 27 year career as a principal software engineer that included a 7 year gig working for NASA. Nothing is available. No other industry really pays as well as tech, but since it's collapsing on itself, I don't think I have any choice. Gotta put food on the table and a roof over my family's head. Good luck to everyone out there.

    • @dynamo3059
      @dynamo3059 4 місяці тому +3

      apply to junior jobs?

    • @DakotaFord592
      @DakotaFord592 4 місяці тому +4

      Taco Bell is hiring immediately.

    • @britneythao
      @britneythao 4 місяці тому +7

      Flipping burgers at entry level is hiring at $20/hr in California.

    • @olympic-ass-eater
      @olympic-ass-eater 4 місяці тому

      Healthcare field is recession proof afaik.

    • @kasession
      @kasession 4 місяці тому +5

      Absolutely nothing wrong with working outside your area of expertise. My background is IT. When I was unemployed, I considered dog walking and working at a bakery. I didn't have to go that route, as I eventually got a job in my field, but I seriously considered other options.

  • @andrewb8548
    @andrewb8548 4 місяці тому +40

    The problem is a job posting isn't the same as a job opening. YOUR job is "posted", and your boss is waiting for someone to ask for a lower salary. 7 out of 8 "jobs" aren't "openings".

  • @Astral_Dusk
    @Astral_Dusk 2 місяці тому +5

    Been applying for 2 years, absolutely broke doing gigs

  • @pris_pris
    @pris_pris 4 місяці тому +30

    Most jobs want to pay you $11 and hr.

    • @GT-1902
      @GT-1902 3 місяці тому +2

      This mostly due to the current inflation.

    • @kiwiradioNZ
      @kiwiradioNZ 2 місяці тому

      Race to the bottom

  • @loblowry6282
    @loblowry6282 4 місяці тому +17

    Why Is It SO HARD To Find a Job Right Now > Most of my friends got laid off and no job prospect. It is the reality. High salaries and with a MS degree is even harder to get a job.

  • @MiaCarter7
    @MiaCarter7 Місяць тому +3

    I wish when they posted these jobs out of legal obligation, they were also legally obligated to let everyone know wether they really plan on hiring a fresh candidate so we wouldnt have to continue wasting our time or mental health

  • @samwilliams8561
    @samwilliams8561 2 місяці тому +4

    It took me 173 interviews to land a job even with 10+ years of professional experience and an MBA. That didn’t include the rejection for all the gas stations and grocery stores. Needless to say I lost everything I ever worked for. Bravo America!

  • @victorcheang5910
    @victorcheang5910 2 місяці тому +5

    I was really stupid. Choosing to resign from my job at this time. I regret it now

    • @leifthethief8832
      @leifthethief8832 Місяць тому +2

      You and me both pal. I’m on track to becoming homeless now

  • @Harley43212
    @Harley43212 4 місяці тому +36

    I've been in Talent Acquisition for 16 yrs. I've never seen the market flooded with TA talent! You don't need TA if you're not really hiring. Low paying service roles are all that's out there...or roles for people with less than 5 YOE.
    1500 applications, hundreds of out reaches, dozens of interviews and nada! Ghosted at least 15 times. Working 2 PT low paying jobs to bring in something....this economy sucks.

    • @jongho.finance_made_easy
      @jongho.finance_made_easy  4 місяці тому +8

      Yeah it’s definitely a tough one. Feels like we’re in a recession without being in one. Hopefully, things improve soon

    • @johnsmith1953x
      @johnsmith1953x 4 місяці тому

      Economy doesn't suck. Uneducated people are making BANK!
      The jobs are in hotel services, restaurants, plumber, roofers, carpenters!!
      software engineering is wayyy over saturated.

  • @kenjones7240
    @kenjones7240 2 місяці тому +3

    My brother is an executive at a medium size tech company. When they have positions come available, they post them to the public to cover themselves. They already know who they want. They want top people in their field who are currently EMPLOYED. If you have been laid off then you were not valuable enough to keep. It’s a cut throat world. I wish everyone luck

  • @aaronstathatos6195
    @aaronstathatos6195 3 місяці тому +7

    I graduated from college this past may with a degree in IT and data analytics, I landed an internship and am yet to get a full time offer. I am absolutely burnt out, I’ve sent in several dozen applications to jobs that I believe to be qualified for and received little to no feedback on most of the them.
    Edit: I got a job doing R&D for a software company!!!!

  • @andrewsmith2502
    @andrewsmith2502 4 місяці тому +78

    it's not hard to find a job right now... it's hard to find a good job

  • @Corina-dq2my
    @Corina-dq2my 3 місяці тому +8

    I'm trying to pay bills and can't find a job. I am really worried. I get interviewed but it doesn't go anywhere after that, despite the interview going well. So frustrating.

  • @MaatAset02366
    @MaatAset02366 4 місяці тому +14

    I'm experiencing this same issue, and even referrals aren't helpful right now. It wouldn't be so bad if the "cost of living " wasn't so high. It's the fact that I've gone through my savings, which I thought would sustain me until I obtained a position, but I haven't. This job market is going to put me in the streets, but I know, no one cares... most people have their own issues...

    • @marijacorluka5411
      @marijacorluka5411 4 місяці тому +1

      I have the same experience, no jobs , no salary, low salary, burn out of searching fo a job...savings are running out...only low paid jobs which noone wants to do are in the offer...it is like this in whole EU! shame!

    • @Corina-dq2my
      @Corina-dq2my 3 місяці тому +3

      I care, I worry about it too. I have a daughter to support also, so believe me I know the concerns. I have been interviewed but then they don't call. I am like, well better get a job quick or I am in big trouble. I have no relatives or friends or whatever that can help with rent. Also the one organization around here that does, requires we have a job to help. So I am so tired of looking for one. I have no desire to do more and more interview processes. I mean, application processes. I just want someone to please hire me.

    • @haidenmorgan
      @haidenmorgan 2 місяці тому

      A lot of us are in this position sadly. Might see you out there if something doesn't change for me!

  • @brandonrich4956
    @brandonrich4956 4 місяці тому +16

    As a highly experienced senior I have had more interviews in the past 6 months than ever before. Companies just know that they can operate leaner with seniors while the economy is tight.

    • @xxgoodnevil17xx
      @xxgoodnevil17xx 4 місяці тому

      What industry?

    • @globalfamily8172
      @globalfamily8172 4 місяці тому +9

      Not in my husband's case. Ageism is real when the stakes (salaries) are high.

    • @htwingnut
      @htwingnut 4 місяці тому

      @@globalfamily8172 Yep. I'm in the same boat I am an engineer with 20+ years experience and can't find anything. Lower level jobs I'm overqualified. Higher level jobs are super competitive and mostly fake postings as they hire from within.

    • @kasession
      @kasession 4 місяці тому

      @@globalfamily8172 That's true, but it's not impossible to get hired if you're older. I was hired by a small company that had gone thru a period where a few of their younger employees quit at the same time, which impacted their productivity. They took a chance and went in another direction hiring older workers. It's worked out well on both sides.

    • @cpK054L
      @cpK054L 4 місяці тому

      ​@@globalfamily817260 year old senior means "doesn't want to learn"

  • @Divergence
    @Divergence 3 місяці тому +7

    Not just that due to all the layoffs in tech, they can afford to be picky. I sadly got rejected from a job today. I had to do a test, which I put in a weeks worth of effort. But I still got rejected. If your not in the top 100% even if your 95% you'll get rejected.

    • @jongho.finance_made_easy
      @jongho.finance_made_easy  3 місяці тому

      sorry to hear about the rejection after all of that work. I feel that for sure. But maybe you'll find something even better soon

  • @Marco250T
    @Marco250T 2 місяці тому +3

    I've been very fortunate to have worked in the automotive industry for a number of years. I can walk into any shop, ask if they are looking for a tech, and start working the next day. That's how I landed my job of 2 years now and my next one beginning next week. Cars are not going anywhere.
    If I wanted to work at colleges again, that process can take 2 months.

  • @barbaraleblanc5047
    @barbaraleblanc5047 4 місяці тому +9

    having dyslexia Makes the job search so much more harder People do treat your different When they know you can't keep up with others 😢

    • @riproar11
      @riproar11 4 місяці тому +1

      *People do treat you differently when they... Download Grammary for free otherwise you'll never get the job.

  • @JPHET37
    @JPHET37 4 місяці тому +12

    I changed 5-6 old toilets weekly 🚽 I charged 300-$800 dollars and depends how tough the job is. It’s a dirty nasty job hey someone has to do it, be your own boss and work at your own phase. 😊

    • @brettRaper1996
      @brettRaper1996 4 місяці тому +2

      Trades!!! Skills are needed. It sucks sometimes but don't all jobs have that? I'm in commercial HVAC myself

    • @davislee1808
      @davislee1808 3 місяці тому

      Dirty but smart.

    • @kevinbissinger
      @kevinbissinger 3 місяці тому +1

      sounds like you're ṣpeaking in the past. How much money do you make doing that right now in this economy?

  • @Realidyne
    @Realidyne 3 місяці тому +4

    I feel for you. Good luck my friend. To those who ghost... SHAME on you. What goes around, comes around.

  • @kay6257
    @kay6257 2 місяці тому +13

    Almost all American Tech jobs have been outsourced to india, that is why the American citizen cannot find a tech job, even entry level

    • @SurpriseMeJT
      @SurpriseMeJT 2 місяці тому +1

      Yeah, I've been in IT for years and the only entry level IT jobs you might be able to get are on-site IT helpdesk type roles. Otherwise anything that can be done remotely will be done in a cheaper country. You've got to have other skills as a backup - plumbing, electrician, carpentry - just anything.

    • @timothywatt
      @timothywatt 2 місяці тому +1

      @@SurpriseMeJT The more you can do your job remotely, the more expendable you are.

  • @greevar
    @greevar 2 місяці тому +2

    There are roughly 18 million underemployed people in America, and only about 6 to 8 million job listings. Of those, a large number are ghost jobs or positions that have been filled and not taken down. They aren't hiring people because there is more profit in making a few people do more work than hiring more people handle the workload. With such intense competition for jobs, it allows employers to keep wages extremely low due to being spoiled for choice. Inflation has nothing to do with it. Inflation is built into the monetary system to enable profit through lending money. It's been that way since 1913.

  • @oscarborge2543
    @oscarborge2543 2 місяці тому +3

    Live and work in Montreal, Canada. I'm in the middle of a career transition from Marketing/Comms to Data Analytics (Pursuing a Masters of SC in Analytics). The market is rough, I personalize my resume and cover letter for each application, network and apply on company pages. Very discouraging, in 5 months I've only received a couple of interviews.
    Thanks for the content keep it up!

    • @jongho.finance_made_easy
      @jongho.finance_made_easy  2 місяці тому

      definitely a tough market but it's awesome that you're making a pivot in your career. Best of luck with your job search. Hope you find something good soon

  • @mfrancisco_850
    @mfrancisco_850 4 місяці тому +9

    3years looking here living under bridge now

    • @Madamchief
      @Madamchief 4 місяці тому

      Fuuukkkkk I hope your State has resources. Oregon was super nice to me when I was homeless

    • @mfrancisco_850
      @mfrancisco_850 3 місяці тому

      @@Madamchief nope no help here but whatever im almst done looking now peace comes in letting go finally of fear .

  • @donak2773
    @donak2773 4 місяці тому +8

    I CANT EVEN GET A CALL FROM MCONALDS WTFFF IS GOIN ON LOL

    • @king-ulking
      @king-ulking 2 місяці тому +1

      Lol

    • @LSATpractice
      @LSATpractice 2 місяці тому +3

      Felt that. Got rejected at Walmart even though I have a college degree 😂

  • @Bettylulseged
    @Bettylulseged 2 місяці тому +2

    It really does feel impossible. I got help with the right resources and things are finally turning around for me. I was laid off from Microsoft and share some tips in my newest video for anyone searching for a role!

  • @shannonm4812
    @shannonm4812 4 місяці тому +10

    Great video. It’s also important to note that since the majority of layoffs have been white collar jobs, most people are living off savings and severance payments instead of filing for unemployment. This continues to give the impression that unemployment is low. Simply filing a UI claim even if you don’t get it or use it will increase unemployment reporting and force the fed to really look at what’s going on.

    • @jimmychimbay5056
      @jimmychimbay5056 4 місяці тому

      You can’t file for unemployment unless you have a certain amount in your bank account. Trust me this is something they will say to you. They would rather help non-citizens then they’re own people.
      The “American Dream” 🙌🏼

  • @aqynbc
    @aqynbc 3 місяці тому +2

    Great video, simple and straight to the point. You sound like a good and level headed person. You will find a job for sure. I am myself in my 8 months of job search. Being over 50 adds to the odd for me to find a job. BUT this is life. Nobody owes me, or anybody else for that matter, a living. Life is tough but also a great gift. Keep looking up and forward.

    • @jongho.finance_made_easy
      @jongho.finance_made_easy  3 місяці тому

      Thank you, and wishing you all the best on your job search, my friend. Hope you'll find something good soon

  • @Ukrainian-woman-of-your-dreams
    @Ukrainian-woman-of-your-dreams 3 місяці тому +3

    ...probably hard to get a job in which you flip burgers or clean disgusting bathrooms nowadays.

  • @ishaanrawat9846
    @ishaanrawat9846 3 місяці тому +3

    I just graduated in may its difficult I don't even know how a good job market looks like I started my career with this BS market I was the best student in my class still not able to find a place its demoralizing and at the same time the requirements for roles keep increasing what all they want juniors to learn Im so done upskilling myself total waste

  • @scottfranco1962
    @scottfranco1962 4 місяці тому +3

    I think it is like any supply/demand problem. Here in Silicon Valley, they clearly overhired. Companies like Facebook and Google were basically warehousing employees so they could claim a stock of technical talent. Many of those people are looking for work now. The valley was in a gold rush mentality, and there was an inflow to the valley. In time, a lot of those people are going to leave, and companies are going to start hiring again. Its going to create a shortage of qualified people, and you'll hear companies complaining about that. Give it about a year to shake out. We have been through this kind of boom/bust cycle before.

  • @peterfmodel
    @peterfmodel 2 місяці тому +1

    The issue with getting a job today needs to consider the type of jobs which are in short supply. If you have a skill or experience in a job category which is in short supply, you will get a job easily. This is a list of the job types which have shortages of people to fill according to one site. solar equipment installer, wind turbine specialist, personal care assistant, nurse practitioner, statistician, assistant physiotherapist, software developer, mathematician. I do have a minor issue with this list, as software engineers are not in short supply, however there is another factor to consider with this list. Often a job class is in short supply because of the income being provided. Employers want cheap software developers, which is another factor to consider.
    As someone who was retrenched and who has had to find a new job my only comment is that pick a job which is in real demand and have a low income expectation. If you pick a job is in demand and you are prepared to take a low income you will get a job. Once you have a job continue the search for a better job and a higher income.

  • @cazu2479
    @cazu2479 26 днів тому

    This is why I’m going to start streaming on Twitch, Kick, and YT. I’ll post more videos on here too. It’s like my gateway to millions of dollars

  • @VenomSnakee
    @VenomSnakee 2 місяці тому +1

    They are not hiring internally, they are hiring overqualified and underpayed staff from outside the company.

  • @steventay5834
    @steventay5834 2 місяці тому +3

    Going forward, more people will lose their jobs!!!

  • @alphacentauri8083
    @alphacentauri8083 4 місяці тому +11

    True. A friend of mine who posted a sales related tech position for the company he works for said that he received about 600 applications. He was floored!

  • @karihosny9420
    @karihosny9420 4 місяці тому +3

    I have 1 interview every week since I left my last role. I have 10 interviews and applying over 50 jobs a week

  • @9xVergilx
    @9xVergilx Місяць тому +1

    I´ve been trying to get a job and its been hell, im really worried how I´ve come across job offers where they ask you a degree+ experience and the payment is just a bit above the minimum wage

  • @jameshizon4861
    @jameshizon4861 4 місяці тому +1

    Yes, I was laid off in January. Tough to network & land jobs to point we burn out & when finally get interview, we don't have enough gas to cram & pass (already 10+).
    Then you receive feedback such as "needs more experience with DFS algorithm" even though I was super close to solving w/ right experience to match the role.
    It is what it is.

    • @jongho.finance_made_easy
      @jongho.finance_made_easy  4 місяці тому +1

      Yeah it's mentally challenging for sure. hoping for the best for you my friend and hope you find something soon

  • @zoranpavlovic3319
    @zoranpavlovic3319 3 місяці тому +1

    Mexico and Africa are new “India” and “Eastern Europe”. The more and more companies outsource there. Talking about IT industry. Also, Dubai, Saudi Arabia, Doha, Katar pay excellent for IT. 2 friends of mine found jobs in Dubai ($160k /year, tax free) and they pack their bags for getting there

  • @JamesGrant-u2q
    @JamesGrant-u2q 4 місяці тому +11

    I started working at 12 and I’m 40 . I’ve been a construction worker , housekeeper , nurses aide , truck driver . I’m now entering college for the first time nervous but still staying the course . Now what my main tactic will be once I achieve my degree is to start low than work my way up . If a company won’t give me the job I want I will start from the bottom gaining experience under someone with the job I want . Therefore at some stage either I will get that job from them or someone else . Experience is the key with education it’s more than one way to skin a cat . Stop the expectations of getting a high paying job right out of college . Every field I’ve ever worked required me to work my way toward high pay . Before my accident I nearly worked my way up to one-hundred-thousand a year truck driving with no degree . Now I’m thrusted into an all new scenario forced to start my life over . Find a related field that will give you experience even at a lower pay then wait 3 years . You have to crawl before you walk . Now those are my experiences of 40 years dealing with jobs and navigating them nothing will be handed to you .

    • @kompila
      @kompila 4 місяці тому

      Build your company bro.

    • @Madamchief
      @Madamchief 4 місяці тому +1

      Nice job 🙌

    • @Lisekplhehe
      @Lisekplhehe 4 місяці тому +1

      You sound like you have a great mindset and a lot of work under your belt. You'll do great.

    • @edrivenstudioslevar
      @edrivenstudioslevar 4 місяці тому

      Best comment ever! Stop complaining and start doing to summarize.

    • @kevinbissinger
      @kevinbissinger 3 місяці тому +1

      oh you sweet summer child. companies don't promote internally anymore. they hire externally

  • @misterogers9423
    @misterogers9423 3 місяці тому +1

    People act like interest rates are high, but they are just near historical averages and people just remember the recent ultra low rates. It is more painful now due to asset prices and the ratio between median income and median house price.

  • @HUMAN-VERSION4
    @HUMAN-VERSION4 4 місяці тому +7

    I got fired from my accounting job a year ago.And I still can't find a decent job.I don't know where I'm going to work.Since no firm is really hiring right now it is crazy and i'm thankful that my grandma lets believe in her basement

    • @CometGarcia-y1c
      @CometGarcia-y1c 4 місяці тому +1

      Try a bank?

    • @HUMAN-VERSION4
      @HUMAN-VERSION4 4 місяці тому

      @@CometGarcia-y1c I have worked at a bank before, so I'm not trying to step down and go back to somewhere. I've been, I'm trying to go do something new. Definitely not accounting and definitely not a bank. Or fast food because now I have standards to live up. To people who are part of the down on me.

    • @MasterofPlay7
      @MasterofPlay7 4 місяці тому

      Accounting is easy, everywhere needs an accountant, as long as you have the CPA designation

    • @HUMAN-VERSION4
      @HUMAN-VERSION4 4 місяці тому

      @@MasterofPlay7 no its the people that suck

    • @MasterofPlay7
      @MasterofPlay7 4 місяці тому

      @@HUMAN-VERSION4 how so?

  • @lubomirdimitrov9011
    @lubomirdimitrov9011 Місяць тому

    Situation here is in Bulgaria. IT companies reject most of young people and they cry to news we need people to work in our companies. How when they do this

  • @malhalsey4994
    @malhalsey4994 4 місяці тому +1

    We’ve been looking for work for my fiancé in the chemical engineering field. We both graduated as ChemE’s, although I graduated May of last year and he graduated August. I got accepted into a rotational program. He currently works at a grocery store since November 2023. Still on the hunt for that ChemE job, and we’re now looking more in another geographical area because I’d like to move there next year to work at the plant there, and his parents are also moving nearby to that area at the end of this year. So we’ll at least be closer to his family (he also has a great aunt and uncle that lives in that area, and he’s interned for their company before). Just gotta keep swimming in this cesspool.

  • @ryanweaver962
    @ryanweaver962 2 місяці тому +1

    Complex thoughts and process and multi dimensional thinking… yes… lots of needs and impact… but I still have to pay for groceries and we all need to enjoy the ride….

  • @Suplach
    @Suplach 4 місяці тому +1

    Thank you for this. Truly.

  • @user-kd7we9lm1b
    @user-kd7we9lm1b 4 місяці тому +1

    Really well explained! Keep up the videos brother

  • @AmtrakFlareon
    @AmtrakFlareon 2 місяці тому

    It would suck if I get my high school diploma and a certificate from a career center only to find out nobody wants me

  • @khiemthedream
    @khiemthedream Місяць тому

    Everyone was following the job prospect trend. Stop being picky, go for profession(s) that are available, high pay, but not a lot of people go for. You’ll be surprised that you’ll be the least worried person in the labor market.

  • @TURBOMIKEIFY
    @TURBOMIKEIFY 2 місяці тому

    I know this likely a detriment to my situation. But I have never had government assistance (food stamps and unemployment). I’ve only had medicaid which was the best thing done for my life. The problem I have with government assistance is that I know I personally get complacent. Medicaid made me not know how to deal with Dr. Appointments with healthcare jobs give. So, now I don’t even go to the hospital when required because I’m so used to not paying anything. My family looks at me weird for not using the “help.” But I can’t explain how I abhor wanting to rely on the government without sounding pretentious.

    • @mylilbrownie7262
      @mylilbrownie7262 2 місяці тому

      Don’t feel badly about accepting unemployment benefits, employers cover those eventualities via tax payments to state governments. So basically, it’s your previous employer giving you a bit of financial assistance. In my state, TX, previous employers must approve benefits claim before state gives out a cent…I speak from experience. Also, benefits aren’t forever, there’s a specific amount each person is entitled to. Once that amount is reached, no more benefits.

  • @tonygarcia2591
    @tonygarcia2591 4 місяці тому +3

    Nobody has faith in the future economy why hire anyone now?

  • @nicholaspetitt
    @nicholaspetitt 3 місяці тому +2

    I was tempted to make a layoff video myself. I was laid off as an IT Systems Analyst after 3 years with my previous employer due to an interest rate hike and restructure / merge. Money printing is the cause of inflation primarily, second followed by "corporate greed." Money printing drives up interest rates, and in return companies drive up their prices because their costs go up as well.
    Housing goes up because the interest rates go up, cars, food, oil / gas / energy, everything goes up because of interest rates and money printing. Corporate greed is the symptom not the actual problem of it. Never the less, it's difficult to find a good paying job right now. While I am getting interviews, I'm not getting any offers at the moment. I know I will get hired at some point in the future, but that doesn't mean we're not being negatively impacted by the current situation at the moment.
    Interest rates are the culprit. Because rates are high, companies cannot use leverage and therefore hire less employees. People spend less and companies have less revenue and therefore need to hire less people. When spending goes down and rates moderate, that's when companies will start to hire again.

    • @jongho.finance_made_easy
      @jongho.finance_made_easy  3 місяці тому

      sorry to hear about your layoff. hope the rate goes down soon, and you can find something good soon

  • @carpenoctem775
    @carpenoctem775 Місяць тому +1

    Hopefully things will get better if we have a new president next year.

  • @chriskessler9773
    @chriskessler9773 3 місяці тому

    Im on the verge of being downsized from a major employer over the next few months. Prospects don’t look good sadly

  • @johngarbarini1048
    @johngarbarini1048 3 місяці тому +2

    Computers have taken all the good jobs. Only crummy jobs exist. People like to call young people names, and say they do not want to work. Untrue. There just are no jobs out there. People will live 5-10 to an apt, if the lease allows it. The future is either a $100/hr job, or a $10/hr job, no in-betweens.

    • @jongho.finance_made_easy
      @jongho.finance_made_easy  3 місяці тому

      we truly live in an unprecedented time. tough for people to get ahead these days but I guess we can only try to make the best out of the situation

    • @LSATpractice
      @LSATpractice 2 місяці тому

      Hell even crummy jobs aren't all that available

  • @joaopc1747
    @joaopc1747 3 місяці тому +7

    Answer is straightforward: too many people in the world!

    • @KeepItFresh02
      @KeepItFresh02 3 місяці тому +2

      that is why they coerced those shots that went into the arm.

    • @JavawithEgimoro
      @JavawithEgimoro 2 місяці тому +1

      @@KeepItFresh02 Lol didn't get them though... still jobless.

  • @wen-kaishen2861
    @wen-kaishen2861 4 місяці тому +1

    More and more companies are investing in AI and their own LLMs. To compete with others in the product market, they have to lay off more low-performant engineers and they will be replaced by AI as well.

  • @Love2Banime
    @Love2Banime 10 днів тому

    It should be illegal to leave a job post for months and not hire people.

  • @Notasheepbaa
    @Notasheepbaa 4 місяці тому +1

    Love your four advice. ❤

  • @sz1404
    @sz1404 3 місяці тому

    And don't forget it also depends on where you live the type of businesses around you and what you actually do for a living some jobs or careers are saturated

  • @feelgoodspace
    @feelgoodspace 3 місяці тому

    This feels so relatable

  • @casienwhey
    @casienwhey 2 місяці тому +1

    Unemployment is at historical lows, concerts with popular musicians sell out, airports are reporting largest traffic ever, malls are full, restaurants have waiting lists, and I see help wanted signs in many places, so if you can't find a job, look for a different type of work.

  • @lindenly22
    @lindenly22 Місяць тому

    I am going to be hit too. Tough process and I want to give up!

  • @llothar68
    @llothar68 4 місяці тому +3

    No word about the society and political environment, you must learn to understand much more.

    • @bensheard3969
      @bensheard3969 4 місяці тому

      Politics and society will just confuse you far more than you will learn

    • @Jacosmi
      @Jacosmi 4 місяці тому

      Trump-era policies, like money printing, catching up with us.

    • @llothar68
      @llothar68 4 місяці тому +4

      @@Jacosmi It is so much more then that. We enter the world of techno feudalism.

    • @williamyellow1337
      @williamyellow1337 4 місяці тому

      @@llothar68yes brotha, Indi... An Mafia, PAk mafia, CCP networks, the State choosing winner and looser - political insider trading, bloodlines in tech, secret societies of tech......glad my mind never ignore what the eyes see. The Valley is darker and regressive than most people can imagine.

    • @williamyellow1337
      @williamyellow1337 4 місяці тому +1

      @@llothar68too bad, most people will choose the comfort of ignoring their eyes and believe there is no tech feudalism.

  • @staceybryceadams9276
    @staceybryceadams9276 3 місяці тому

    I had interview with top 25 company and recruiter said they went with their temporary worker over me

  • @johnsmith1953x
    @johnsmith1953x 4 місяці тому +6

    Software engineering is wayyy over saturated.
    Unemploment is at a 60 year low.
    The jobs are in hotel services, restaurants, plumber, roofers, carpenters!!
    WE NEED HOUSES!!! BUILD THOSE HOUSES!!

  • @barbaraleblanc5047
    @barbaraleblanc5047 4 місяці тому +1

    It's even harder when you have a reading disability But I can read it's just very slow What makes it very hard to find a job what understand

    • @Latenightnonsense-td5yd
      @Latenightnonsense-td5yd 4 місяці тому

      This might help. Think of reading the way you might hear someone speaking. Look for words that will work together to form sentences the way you hear people commonly speak. If the words don’t work as they should, start the sentence over and distinguish which words should be used. Take your time with it. The brain works best when calm. Best of luck to you.

  • @vanoyiam2708
    @vanoyiam2708 4 місяці тому +4

    Nowadays it's important to get a referral for employment interviews, that's how most people are getting hired. It really increases one's chances well above others. It's a tough, tight, and very competitive market right now.

    • @teaadvice4996
      @teaadvice4996 4 місяці тому +2

      If you're a pretty girl and blow the boss it helps alot too

  • @IshtarNike
    @IshtarNike 4 місяці тому +2

    5:22 the issue here is that the government has decided that they can only lower inflation by increasing interest rates. Interest rates reduce demand. But inflation is a miss match between supply and demand and the value of money. So one way to decrease inflation would be to stimulate the economy through government investment to increase supply. It's a longer term strategy, but the positive thing is that it's more productive and helpful long term, than it is to raise interest rates and basically create an artificial recession. Also, another way of reducing inflation, linked to what yiu mentioned about corporate greed, is to tax back the money tge government spent during COVID. It's kind of wild that inflation is being blamed on workers wages when corporate profits are at all time highs. If there's too much money in the system it should be taxed back from the corporations. But the corporate controlled government would never do that lol.

    • @mhedden033
      @mhedden033 2 місяці тому

      Our government spends trillions to effectively just talk trash about each other. Every dollar the government spends devalues your dollar unless they tax that dollar back from the people. The same government passed a spending increase bill called "the inflation reduction act", they cannot be trusted to make things any better.

  • @enterprisecloudnative8757
    @enterprisecloudnative8757 4 місяці тому +1

    good job bro

  • @dhunches
    @dhunches 4 місяці тому +3

    Do maintenance! Job security and desperately hiring!

  • @nigelbenn4642
    @nigelbenn4642 23 дні тому

    What's the point? Just give up and stay off grid, give everything up and live hippie, fuck the system.

  • @TheAINoobxoxo
    @TheAINoobxoxo 4 місяці тому

    what about 2026

  • @kapat153
    @kapat153 29 днів тому

    There are lots of ghost jobs out there

  • @beckyarrowsmith2300
    @beckyarrowsmith2300 4 місяці тому +1

    Why not work for yourself?

  • @dynamo3059
    @dynamo3059 4 місяці тому +1

    dam i was thinkin of quitting my crappy low paying programmer job with ashole boss but it seems like it might be hard to find anything -_-

    • @Madamchief
      @Madamchief 4 місяці тому +2

      Nah that's a beginner move. Secure another position first or try to get let go so you can collect unemployment

    • @MaryBrown-qp6iw
      @MaryBrown-qp6iw 4 місяці тому +3

      It is, don’t quit without a start date with another company

    • @janiemiller825
      @janiemiller825 Місяць тому +1

      If you have a job hang onto while looking for another job..
      Don’t quit job until you get another job… 😮

  • @ChristopherCabaret
    @ChristopherCabaret 4 місяці тому

    You job is vlogging on UA-cam and selling your Financial consulting services.

  • @SlimSevernick
    @SlimSevernick 4 місяці тому +1

    힘내세요, 화이팅!

  • @zeussuez240
    @zeussuez240 4 місяці тому +2

    nothing do with economy, it's to do with the new tax Section 174, techs are cut jobs to pay tax

  • @DakotaFord592
    @DakotaFord592 4 місяці тому +1

    Taco Bell at McDonald's are hiring immediately.

  • @realreviews2003
    @realreviews2003 4 місяці тому +4

    Here is your answer. 2-3 years. Go do 3 or 4 years in the Marine Corp. By then, you'll get scooped up in a heartbeat.

    • @xxgoodnevil17xx
      @xxgoodnevil17xx 4 місяці тому +3

      What if your too old?

    • @nastypiglosi1788
      @nastypiglosi1788 4 місяці тому +4

      Cannon fodder for corporations

    • @tanzanite9581
      @tanzanite9581 4 місяці тому +3

      Hell no 😂

    • @johnsmith1953x
      @johnsmith1953x 4 місяці тому

      Ef the Marines. Bunch of do-nothing nobody, drunkards.

    • @johnsmith1953x
      @johnsmith1953x 4 місяці тому

      @@nastypiglosi1788 Well corporations do need a way to
      to send dummies to a meat-grinder. Saves money!!

  • @jenny-DD
    @jenny-DD 4 місяці тому

    I didn't know things bad in China

  • @TabletAccount-fo8zm
    @TabletAccount-fo8zm 4 місяці тому +5

    Keep voting Democrat and see how bad it can get

  • @5star60
    @5star60 4 місяці тому +2

    There are plenty of jobs, you just have to step out your confort zone and do something else. You need to take a risk to succeed in this work force

    • @janiemiller825
      @janiemiller825 Місяць тому

      That’s just not true rt now.. 😮

    • @5star60
      @5star60 Місяць тому

      @@janiemiller825
      With that mind set, you will forever hold yourself back.

  • @gothkidd8712
    @gothkidd8712 3 місяці тому +3

    Trump will make things right. :) MAGA 24

  • @turkyturky6274
    @turkyturky6274 4 місяці тому +1

    You can always join the military 😂😂😉

    • @turkyturky6274
      @turkyturky6274 4 місяці тому +2

      Id rather work in a sewer though

    • @Madamchief
      @Madamchief 4 місяці тому +1

      Age limit??

    • @pandalayreal
      @pandalayreal 4 місяці тому +2

      In Russia you get 2k $ with a 99% chance to become rotten steak. Great deal.

    • @janiemiller825
      @janiemiller825 Місяць тому +1

      That’s a good idea right now 👍
      Military 👍
      Get pay, health insurance , trained , & they pay for college plus your housing 🏡
      In todays times if I were young enough I’d join the military 100%

  • @BruceKemper-n8d
    @BruceKemper-n8d Місяць тому

    Thank a Democrat

  • @peternorthrup6274
    @peternorthrup6274 4 місяці тому

    Can you pass a drug test? Not in a million years would I ever hire someone without a drug test.

    • @Cc2874
      @Cc2874 4 місяці тому +3

      Would you hire someone who drinks alcohol, an extremely damaging and addictive drug, just happens to be legal

    • @ryanjones4106
      @ryanjones4106 3 місяці тому +3

      I think companies should drug test for bad drugs like heroin, meth, crack, etc. But they need to stop testing for cannabis because it’s limiting so many companies from hiring brilliant people who like to smoke in their free time.
      Cannabis is NOT bad. And companies are shooting themselves in the foot by testing for it. Most of the brilliant programmers, devs, and various tech nerds I know smoke weed. It’s very common.

    • @ryanjones4106
      @ryanjones4106 3 місяці тому +2

      The funniest part about it? Most of the tech guys I’ve worked with just quit smoking for a few weeks, or fake the test and pass. Get hired, do a GREAT job and keep smoking in their free time.

    • @cazu2479
      @cazu2479 26 днів тому

      @@ryanjones4106real talk bro

  • @jokerc443
    @jokerc443 Місяць тому +1

    applying summer job from mcdownald grocerry all failed
    HR so full