It's Hard to Find a Job, especially in tech!
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- เผยแพร่เมื่อ 21 ก.พ. 2024
- Struggling to find a job in tech? You're not alone. It's hard to find a job, especially in tech. The February job report from Hiring Lab is in, and it's officially a dumpster fire out there for tech jobs. Postings are down a whopping 25% from pre-pandemic levels, with a 2.7% drop just in the last quarter. But before you don your hazmat suit, there's a glimmer of hope-out of the 47 sectors we're eyeing, not all is doom and gloom.
In this video, we dissect the nitty-gritty of the job market's ups and downs. We're diving deep into which sectors are thriving (hint: not tech) and which ones are diving faster than a lead balloon. From the surprising surge in demand for civil engineers and personal care aides to the steep decline in software development and information design, we've got the scoop.
Free Resources:
Guide to Amplify Your Resume: www.execcongress.com/resume
Guide on How to Get Hired: www.execcongress.com/hired
FREE Career Coach GPT (use with ChatGPT Plus):
chat.openai.com/g/g-m7nEfEOl0...
Resume update prompt to use with Free ChatGPT:
This will be a request to update a resume based on a job description. Step 1, prompt to paste in a job description. Step 2, prompt to upload a resume. Step 3, give recommendations on how to customize the resume to align with the job description. Step 4, complete a draft of an updated resume based on these instructions. Requirement 1: Do not add the company listed in the job description as a new employer in the resume. Requirement 2: all previous companies, timeframes and jobs should remain constant based on the initial resume. Only terminology alignment and emphasis to align with the job description should change.
Why Watch?
Tech Turmoil Exposed: Get the lowdown on the tech sector's startling downturn and what it means for your job search.
Sector Standouts: Discover which industries are booming and where new opportunities are emerging.
Remote Work Rollercoaster: Unpack the rise and fall of remote jobs post-pandemic. Spoiler: it's not what you think.
Engage With Us: Like what you see? Drop a comment, hit that like button, and subscribe for the latest job market insights. Your engagement helps us keep this content coming and supports fellow job seekers in navigating these choppy waters.
Your Next Move: Whether you're a tech refugee looking for a lifeline or just curious about the current job landscape, this video is your guide through the chaos. Watch now for actionable insights and a little humor to lighten the mood. Because let's face it, when the job market's a dumpster fire, sometimes you just gotta roast marshmallows. 🍢
See you in the trenches, where we sort through the ashes of the tech job market and uncover the paths to new opportunities.
Harder to find a job and harder to find a recruiter who won’t ghost you. I’ve had dozens reach out to me (based on my LI profile), I follow up with a resume (which is a detailed version of my profile) and crickets. After interview #1… crickets. #2… crickets. It’s a pattern for sure.
That's just bad behavior on their part...especially after an interview.
Job postings don't mean much. Half of them aren't even hiring. Another 10-20% get put on hold.
Nobody posts a job that they don't plan to hire. They may hit internal obstacles before they can actually make the hire, but no posting is raised without an ultimate intent to hire.
@@BetterThing-jobs I disagree. Some jobs are posted without any intention to hire. More job postings helps grow the company's stock prices and makes the company appear strong/thriving. Ask an insider about this.
I am enjoying the real, actionable information you're sharing. While we all feel like the sky is falling when not working, the amount of clickbait out there is ridiculous. I appreciate the positive and realistic outlook.
Thank you.
I'm in tech (or was in tech) and have about given up on finding another tech job (I was a QA Engineer). My background is in financial services and auditing, so I'm gonna try to pivot back to that. Between the ghosting by recruiters that reach out to you (I had one call this morning because he found me on LinkedIn, said I was good fit, and would send me the job description as soon as we got off the phone...and nothing since!) and the fake job postings (I've networked and found that many openings I've inquired about , they are not really hiring..), it's been ridiculous. I'm thinking of becoming a male escort....I'm gonna broaden my customer base to include women AND men so I can have a stable income LOL
Well, whatever works I suppose! Happy to see you have kept your sense of humor through all the search frustrations. Don't give up. It can still happen for you. It is just harder and takes longer right now. Best of luck in your job search. If you start to feel down about this whole thing, watch this. I made it for people in your situation. th-cam.com/video/DkP6vys79sc/w-d-xo.htmlsi=Vse_m5fHZzsosYbJ
One query i have - how to set boundaries with boss's extra work expectations from us at work how to deny working for more time without being rude if there's a good way ? Especially when there's a need for prove ourself in new environment..
Decide how important that boundary is to you. I think if you can add value, you should find a way to do it. If it requires sacrificing time from kids or family or other personal obligations, you are well within your rights to state that and set the boundary. If it is taking away TV time or personal time, then I would invest that time in the new work and try to make a positive impression.
A lot of TH-cam pundits are overlooking a big reason why there are so many layoffs in the tech industry, and I'm referring to section 174 of the US tax code. When the new law was introduced in 2017 it allowed tech companies to write off almost everything that they reinvested in the company, even if it amounted to what net sales were for that year. However, provision 174 required that software companies begin amortization for reinvestment cost over five to fifteen years, starting in 2022! So, if all of a sudden the tax man requires you to start paying taxes incrementally regardless of your reinvestment/R&D cost and percentage of sales, then the party is over. Over-hiring started right after the pandemic because of permissive tax breaks, but the chickens eventually came home to roost.
Interesting. I was unaware of this.
@@BetterThing-jobs Plus the fact VC is gobbling up VARs and start ups isn't helping either. They're stripping things down to the bare minimum in order to secure a return on investment to share holders. Perfect storm.
Could you explain apart from experience which factors impacts the most in getting a top paying salary job in consulting engineering industry or in general to start big without being stuck in average salary roles ? Also which kind of companies would be better pick for such a situation...
This is almost exclusively related to experience, so the question is a bit of a tough one. 95% is experience, but of the other 5%, it is usually how well you conduct yourself in the interview, if the team thinks you will fit into their dynamic, if you come across as a person who is sharp enough to pick up the special skills and processes within the organization.
@@BetterThing-jobs Yes exactly how to become that Sharp and develop the special skills - what are those ? Any books on it and does being proficient or expert in 1 specific domain make us more suitable to them according to their demands...
I want to see rigorous stidies on how many job postings are not truly available. Claiming they all equal one job available for immediate hire is the same the bs ways unemployment and inflation is counted and reported.
You can see the data at hiringlab.org. They even let you adjust data cuts online or even download the full data set for your own analysis.
First! Man… you are just producing loads of content.
Thanks for the first! I'm trying on the content. My goal is 3/week. It's a little hit or miss, but trending in the right direction.