Though Investing in alternate income streams should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
You are absolutely right am looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you think I should be buying?
I just hate taking 1-2 hrs in testing for every single job I apply for. Then never hearing back. No expected time when they are going to hire. Heck, if you aren't interested in me, immediately let me know. Just gets old spending hours and hours just to be ignored
@@Chet_24 my most recent job opportunity, I had to take a test online which I passed. Then they had me come in again and take a long test in person. Then I never heard from them until I decided to reach back out. Just annoys me that they want you to jump through hoops and then they will just ghost you.
I have been looking for a job for almost a year now and applied to just about everything in my degree field all over the country and a little bit in Canada. The issue is finding a job at all, even fast food
I'm 4 year marine veteran, construction heavy equipment experience good references, some college credits, and clean record. Own my own car. Can't get a minimum wage job
I’m not laid off. I’m not looking for work. I’m actually a stay at home mother with no plan to go back to work in the near future but I love staying updated through both Life After Layoff and Ken Coleman. Great collaboration 😊
@@Imzadi It is always good to stay informed. Wise decision. I think in your case, remote job is best if you decide you want to work, but they are becoming harder to get. I had a remote job but it changed to office job.
I’ve watched a lot of life after layoff but he’s never been correct in my opinion. I do the opposite and I get hits. It’s odd. He’s always just wrong and it’s interesting to see people who are desperate flock to him because they are looking for a new job or they were fired. It just shows me that the recruiting world is kind of all bunk, which I kind of knew from working with recruiters in the past.
Even if the AI offers you a job, the robot calls and texts show you how phony it is. Especially when they get your info wrong and there is absolutely no recourse to correct the incorrect info on you because there is no phone number to call, no one to email, and no one to text. It's all 'Do-Not-Reply'.
Life After Layoff is one of my favorite HR channels here on TH-cam. He, in part, inspired me to create my own TH-cam channel focusing on employee relations. Great conversation and awesome to see LAL on the Dave Ramsey/Ken Coleman platform. Kudos.
Ghost jobs, companies posting on zip and indeed to make make it look like the company is doing good... helps the stock market. My husband lost his job 7 months ago, cannot even get a call back
The problem is while Unemployment % may be low, there are no new jobs for those looking for work. I have over 20 years experience as an engineer, currently out of work, and landing a job seems impossible in this job market without making significant compromises in pay, benefits, or having to relocate. Not to mention they look for that golden goose or unicorn. They don't want to train anyone for anything either.
Most of the job "growth" was just converting Full time positions into multiple part time positions: it 1 job into 2 or 3 part time jobs. Mostly because of the insane cost of health insurance. Last time I check health insurance with a major provider was around $1400/mo (single not married, no kids) with a $7K deductible. Probably your only realistic option is go consultant so they don't have to hire you.
@@guytech7310 Yeah, problem is I've been looking at contract jobs too, and they're more picky because they want you to be a perfect puzzle piece so you can just be dropped in and go. So unless you have an exact perfect match with experience you're screwed.
@@htwingnut You have to tailor your CV to match the job description. You think the people that get the job are 100% honest on thier CV\experience? Odds are they are far less than you.
@@guytech7310 Thanks. But I do get phone calls based on my resume. I do tailor it. It's not the resume. When they ask about those qualifications and details I can't fake that.
Got laid off on 7/22/24 and have been looking ever since. Got close to a possible offer early on but they decided to go with someone else. I am in the process of working with a professional on totally revising my resume & cover letter. Fingers crossed something happens soon 😣
Exactly. I went into a store that had those posters, had the announcements on the PA system, and a couple people in the store told me they needed people. When I went to the website and went through the usual bullshit, AI infested application and hiring process, I found out that while one corporate website said there may be openings in the area, the other corporate website said there were no such openings anywhere within 10 miles of the store where the clerk told me they needed people.
I agree!! I was 23 in 2008. I was a server in college and didn’t feel a thing. I had a 3/2 apartment with two other roommates. Our rent 15 mins from downtown was $725 a month.
I watched the thumbnail I had to watch the video this guy from life after layoff is just simply awesome all his videos are educational and high quality love him 👌🏼👏
The job market sucks ass I’m employed no been looking for a good job for over a year if it wasn’t my dad and his connections I wouldn’t have a job right now it’s that bad
This is not accurate for a lot of people are grateful for a job. Your comment is pretty know it all attitude when it makes people feel Horrible when their laid off and especially for those who worked their butts off for ungrateful managers and those who are supposed to be leadersdon't lead@Neji1984
The "unemployment" rate doesn't factor in people that aren't even looking from giving up. I like the definition "are you working now?: Y or N, Do you want to be?: Y or N" If someone answers N and Y then they're unemployed in my view. There's lots of people that technically want to work but have given up so they're not factored into the numbers.
What benefit is it to factor them in the numbers? They are captured in the labor force participation rate. The unemployment rate is to capture competition for jobs. “Do you want to work” is a vague question. If all the unemployed wanted to work, but stopped looking for jobs, it would be easy to find a job as companies wouldn’t get any other applicants.
So have they gaven up or are they retired or living with parents? In economics classes in college they taught you are not unemployed if not looking for work In that era the survey was by phone or interviews and was not if one was getting an unemployment check
@@3beltwesty They may have taught that in economics classes but that is not the dictionary definition: 'not employed'; 'not engaged in gainful occupation'. Merriam-Webster, 11th edition.
@@mleobviously I'm not so certain. Right after the pandemic, when there was a 'labor shortage', companies still weren't hiring. The change in the official unemployment rate didn't reflect the reality, and it definitely didn't change the civilian labor force numbers, either. The 'not in labor force' numbers went up by a million in 2021, then back down by a million in 2022, and stayed there until this year, when they went back up to 100 million again. During the entire time, companies were complaining about 'not being able to find workers'. They were complaining about 'not being able to find workers' while the official unemployment rate dropped from 5.3% in 2021 to 3.6% n 2022. The fact is, companies no longer know how to find workers. Using AI bots and centralized, online AI infested hiring techniques isn't working, just like the unemployed aren't working. It's a mess.
I work in HR and our company directive requires us to always have openings available. And when the applications come in we just file them away, we don’t even look at them. Currently we are showing over 40 positions open on a major recruiting website. None of them are legitimate. The company line is that we have their application on file just in case we do need to hire.
Smart actually, you always have 1,000 applicants to replace someone. Just another way for a major corporation to have no respect for their employees. I’ll fire you this morning and have a replacement this afternoon!!!
@@christopherpowell3854 Kinda pointless, because the applicants will probably find a job or relocate when they need to replace someone, so they still have to go post it to find an available applicant. "I’ll fire you this morning and have a replacement this afternoon!!!" Unlikely since the still have to go through the interview & hiring review panel.
where I work all of our opening are legit. Healthcare needs people. If you can't get a job, get over to the closest healthcare place.. Hospital, clinic, doctors office, radiology.. they all need people!!!
43 days? It took me 6 months to get into the current job I have now. Lots of high-tech hoops to jump through, lots of interviews, lots of wasted time waiting for things to cut back to the potential employer.
The 43 days is how long it takes for a company to fill a position not how long it's taking for workers to get a job. Lots of people competing for not that many jobs.
in the past, it's taken me around 90 days/3 months. Now? Talk about 2 years? Thankfully, having a part time job saved me a bit, but it's still not enough hours to compensate for what I lost. If it wasn't for family, i'd be homeless. Nothing is built, nothing is back, and it sure as s*** ain't better. Thanks for bringing awareness to this :)
NGL what frustrates me as a job seeker is seeing something that got posted 1 HR ago and already has 100 application because people who aren’t even specialized in my field are mass applying to jobs that they aren’t even qualified for.
@@mrbanditos3583 Biology. Almost 5 years ago I applied to my first out of college job. Got many offers within of just 1 week of applying, and I picked my dream job, I was a manager at a lab, was a big influence in the company, I loved it. Just got married and carefully had to consider moving back to my hometown due to many reasons. Took me almost 3 months to land a job with only 2 offers at the same time thank God. Unfortunately, I picked a job that basically lied about what they did and with a combination of a toxic work environment (which they oversold and took a decent pay bump just for it) I had to leave after 6 months of working there. Now I’m back in the market. It’s tough, resume looks even more impressive than when I left college and I can’t seem to land as much as I use to. I’m even applying to job with 5 years of experience with the specialized field I’m in and for some reason 100+ people apply within the first 1 hour of it posting which I’m sure is bull.
Just went through a 4th round layoff after an acquisition which came after telling us that the third round was the last. Many of the people that were laid off from the first round still can’t find a job. It’s BAD out there.
Im going to weigh in on that as I've done it here and there, its pure frustration for some of us. What i mean is, you start applying within your means, getting shot down and after a while you become desperate so you end up throwing sh*t against the wall and seeing what sticks, you know theirs not much chance but on that million to one chance out of frustration you start applying for things beyond your means.
You have to apply for everything and everywhere. Unfortunately, if 98% of applications are rejected before an interview, basically you are buying more lotto tickets.
The 3 main reasons why job hunting sucks in 2024: 1. The AI boom which makes it easier to replace employees 2. High interest rate environment so it's more expensive for companies to borrow money 3. Surge in inflation over the past 4 years so things are generally more expensive
Took me about six months to find a job as a 50+ worker. My concern is that DEI created as much a challenge as AI. Key evidence is when multiple companies reported ends to their DEI office, they started calling from 3-6m old applications. Another piece of evidence, only companies that called me during my search were the ones I expressly did NOT answer the demographic information. Of those, ghosted after required "introductory" video call. I don't want to think the worst here, but when stressed trying to find a role, patterns emerged.
Add in that most initial interview chances are either with an HR person at a company or a recruiter....and neither know much of anything about the actual jobs they are trying to fill.
The disconnect is over half of those people DID NOT have the background necessary to get the job to began with. The market is correcting itself. No more 150k earners with 3 years of experience….😢
The job market is great. The employment rate is great. Crime rate is great. Inflation is great. “The party told you to reject the evidence of your eyes and ears…..”
I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.
yeah investment is the key to sustaining your financial longevity but venturing into any legitimate Investment without a proper guidance of an expert can lead to a great loss too
I agree. There's a lot of potential in the market. My friend introduced me to a financial advisor in 2023 Professional Chrissy Barymoer and even though I was skeptical, I went on. I finally was making enough monthly dividend to quit my soulless job and pursue my dream to start a restaurant in New Jersey and still earn five figures in monthly dividends.
I'm an amateur with a portfolio of 3,000$ but it's hard for me to build confidence. I want to invest another 12,000$ over a one month span, but I want to be strategic about doing it so l can grow more and not stay stagnant. Can you recommend me to this your professional please
Applying for something you are not remotely qualified - is it possible someone is doing that to maintain unemployment benefits? Also I wish he would have covered employers posting "ghost jobs".
Nah, Its mostly because the Job search tools have created "easy apply". Applicants can just flood their resume to hundreds of openings with little effort. The probably don't even know that are applying to a lot of the openings.
HR departments make it impossible to hire people, but company policy makes it impossible to hire people without going through HR. I've had qualified external candidates referred by employees not even be able to get an interview. Or in the event that they make it through too many rounds of interviews HR takes too long to send out an offer, and they end up taking a job somewhere else.
Probably because Exec wants cost cutting measures for hiring & using HR to do it for them. Next time job opening, have a friend submit, but make a very low ball compensation for a very experience candidate, I bet the HR delivers the applicant to you.
I’m in that exact position. I know a guy who has a very high position in a company. He allowed me to use him as a referral on my applications. He even reached out to HR when I had a question about my application and I still never heard back from the company or got an interview. It’s been a month.
Sometimes HR hires thru a headhunter and the HR person gets a kickback on the recruiters 35 percent hiring fee.. So you apply for a 100k job with no luck. They hire you and pay out 35k to recruiter since thru them. Then HR person gets kicked back 5 to 15k in cash or free tickets for season. Or free atv
I applied for six jobs on the same day. I heard nothing from three and just assumed they didn't pick me. Two others scheduled screening interviews within two weeks of my application. I had an offer from one. The day before I started my new job, about 50 days after I initially applied, the sixth employer finally texted me asking for a screening interview. I took the screening interview just so I could tell them they took too long to get back to me. 🙄 P.S. The BLM is being used like a political tool as much as other agencies. It's no longer about honest information, it about manipulating data for votes, budget share, and political horse trading.
@@phoenixrising4995I work in finance. I actually sent out about 20 resumes over a two month period. I had other interviews but my app didn't move forward.
"AI doesn't have any say in an applicant" next sentence "we do use keyword searches to remove applicants". Just because ChatGPT wasn't used doesn't mean technology wasn't used to remove potential people. That's been a common practice for decades.
Indeed, it's laughable how little human attention goes onto a cover letter or resume. You could actually just type SEO-optimized keywords and nothing else into your application documents and nobody would notice 9/10 times
@@Cryptic0013 I was told by an HR manager that I have to type out Excel, Word, Powerpoint, etc. Because if I just said Office, the secretary in charge of filtering won't know that 'Office' is acceptable for 'Excel' and you get filtered out.
@@jonkuderer Indeed. There's been no human intelligence in the process for a long time. They've simply automated a task that was already being done by a midwit who was just following a script.
Some corporations AI does the hiring, as well as the firing. I applied to one such company and nothing -- from the job offer to the rejection to the other AI bot asking me why I never replied to the non-existent email they never sent me -- none of the decision making process was done by an actual person.
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Brian! Imagine i invested $50,000 and received $190,500 after 14 days
Yeah...How many "Job Search courses" have I attended where they tell you "Oh, if you don't think you're qualified, apply anyway. You 'never know' if the company is having a 'hard time' trying to find ANYONE who could do the job. You 'never know' if they're looking for someone who may not be 'the right fit' and who could work out very well" (i.e. the old, "Oh we took a risk and it worked out GREAT for us" B.S.!!!)
You said it. Even starting a small business or freelancing is impossible right now. It's like the economy disintegrated altogether. Consumers are broke and nobody wants to invest even into the next week. It will only take 1 more year like this and it's 1929 all over again. This time, the U.S. collapses for good.
Unfortunately, the media has done a great job of portraying self sufficiency as a bad thing. I would love to go into business with my father, but he's so risk adverse and believes in holding a "steady" job. It honestly feels like what Robert Kiyosaki had to go through with his "Poor" Dad. Long nights and plenty arguments about how to navigate through these turbulent times.
Great collab, loved the video. I definitely appreciated many of the points made. At the end of the day, we should be in the driver seat of our careers, not employers.
Well under Trump who printed a bunch of money enabling this mess back in 2020. This ain't a dem vs republican issue, its two wings on a terminally ill bird.
I'm so glad they covered this today. I called into the show about a month ago and I felt this way but didn't want to straight out say it on the show. I felt like they would think I was just making crap up. After almost 9 months of looking finally found something. It was very hard. There was literally not enough listings at all got no call backs, no nothing. Its October and Seasonal hiring is not even happening right now. That's not a good sign, but I truly feel after having a few interviews, Companies are not hiring and are waiting out the Election. They are not coming out and saying it, but they are more confident with Trump in Office and the economy. They are hesitant with an absent president and a woman who has no idea what she is going to do with the economy. The economy depends on jobs and spending, with both down, they are scarce.
Idk why no one us talking about this. During the pandemic a lot of people got HUGE pay increases to do the same work. Naturally, they built their life around their new budget. Well now, that same work is being offered at 25-30% less pay post-pandemic and they don't want it anymore. Those are the same people saying that it's hard to find work.
Bryan, congratulations you made a big gamble in 2920 to go off on your own. Now it has paid off. Your Life after Layoff channel really ads value. It is hard to find a job now.
As a welder I just got let go been a month now and can’t find work less than a hr away an I can’t drive a hr or more I got two toddlers that go to preschool as a single dad places look at me like diseased all because I have a life outside of work and can’t afford the gas money even to drive a hr one way for 19-20$ a hr an then continuous mandatory overtime if there is any sorry I can’t work 12hrs 6 days a week an nor should I at the rate this economy has shut down
I work in propane industry. A lot of customers are switching from nationwide company to our local company, I hear the same complaint, when they call the nationwide company, they are talking to someone in India who has no idea what propane is and how delivery is done. But then they call us, they are talking to someone who they know through someone they know. Also they like the idea that they can actually meet owners and customer service representative in real life on events we are a part of.
Tech people should consider city, county and state government as well as getting a Career Technical Credential and teaching computer science or video production etc. Corporate America sucks.
AI destroying jobs. Also, once you have programmed computers to handle everything, what is the real need for the worker? We just need fewer employees. As population grows, more become supernumerary. Yet the in demand fields are not the guy fields. Men are having more trouble finding work, they have less education and their skills needed change rapidly. Truck driving and manual labor, a few trades is about all that is guaranteed longevity.
@@SamLee-ds7fi Robots operate in Asia factories, not the US. What AI is doing it taking over much of the white collar jobs: accounting, sales, marketing, etc. What will be left is trades, R&D tech jobs, and low wage service jobs that cannot be economically replaced by automation. That said the US (& west) is going to collapse. the US now has over $100T in debt (Gov't + corp + consumer) & is unserviable. The only option is inflation that will increase & collapse into hyper-inflation by the early to mid 2030s.
Unfortunately, thanks to all the money printing and inflation, 2012-2022 was the easiest economy in US history to succeed in. We are going to need the next 10 years to be brutal, hard, and challenging to correct the economy.
In regards of the pendulum swing topic, on top of what was described, id argue that many big companies (mostly tech) also over hired with the low interest loans they took out. The jobs were also high salary caps. Even heard companies would hire people to pretty much make sure they were on their team and not their competitors. As the pandemic was winding down and the economy was changing from this, they had to adjust from their bad choices.
People are applying for jobs that are not very much related to their experience because they need jobs and are interested in doing the position they are applying for.
It's challenging to find a job that offers both good pay and fair treatment. Most of the opportunities recruiters reach out to me about are contract positions. I'm not in favor of contract work because it often lacks benefits and job security. Additionally, many companies tend to hire one person to handle the workload of two or three, rather than bringing on more staff.
If you have qualified candidates they need to be hired. Not sure why companies over complicate this 🤦🏽♂️I had recent interviews and I’m being told I’m overqualified because of my MBA I have. So frustrating!!
100s of applications fake posts . Company's dont respond even you follow up. Many have to resort a temp service but then your cattled off not promised a job
Ummm, I've been responding to jobs and going on interviews that require "samples" of my work. Really these people are just stealing our intellectual property without pay. Not to mention, businesses should be required to pay a hefty fee to advertise for hiring. It shows the companies are serious about hiring and invested.
@@stevenruyf4044 So people just can't switch fields anymore if the field they are in contracts and they didn't have a crystal ball? You're NOT going from an advanced job in one field to an advanced job in another.
I only need a job that pays 15 to 17 an hour and I live in my comfort zone. I'm a very simple man I can't imagine having to find anything more then what I need. I've met people who won't get out of bed unless they make 30 to 50 dollars an hour. If I was offered 20 an hour I would probably feel like I won a lottery. 😅
This dude is a clown. "AI doesn't have any say in an applicant" next sentence "we do use keyword searches to remove applicants". This guy has an HR or business degree he has no idea what AI is and how it is used.
That's a false equivalency, and simple keyword searches/filters absolutely are not an example of AI any more than is looking up an address in a database.
Keyword search is not AI. It’s just a line or two of code in a program. Excel spreadsheets can filter by keywords all the time. It’s really not difficult.
Filters aren't AI. They are just filtering tools & have been around for nearly 2 decades. The issue really comes down to lack of jobs & companies unable to pay workers a living wage.
Until you have to find a job, you don't understand a thing
Absolutely
My Thoughts Exactly!
Every family has that one person who will break the family financial struggle, I hope you become the one
Amen 🙏
Though Investing in alternate income streams should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
You are absolutely right am looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you think I should be buying?
Cryptocurrency/stock investment, but you will need a professional guide on that.
Facebook 👇
I just hate taking 1-2 hrs in testing for every single job I apply for. Then never hearing back. No expected time when they are going to hire. Heck, if you aren't interested in me, immediately let me know.
Just gets old spending hours and hours just to be ignored
100%. If they want you to do that bs, they should be paying you for it.
@@Chet_24 my most recent job opportunity, I had to take a test online which I passed. Then they had me come in again and take a long test in person. Then I never heard from them until I decided to reach back out.
Just annoys me that they want you to jump through hoops and then they will just ghost you.
Facts! I’ve put out over 300 resumes and my goodness it is unreal how bad it is to try and get a job!
I applied about 44 jobs and im qualified still got nothing
Finding a job is not the problem, replacing the job that you lost at the same pay rate is. Anybody can do Uber and Postmates.
I have been looking for a job for almost a year now and applied to just about everything in my degree field all over the country and a little bit in Canada. The issue is finding a job at all, even fast food
Our economy is such in the sh*tter that people are trying to up skill and get higher paying jobs just to get by
I'm 4 year marine veteran, construction heavy equipment experience good references, some college credits, and clean record. Own my own car. Can't get a minimum wage job
Life After Layoff has made the big time!!! Congrats!
I’m not laid off. I’m not looking for work. I’m actually a stay at home mother with no plan to go back to work in the near future but I love staying updated through both Life After Layoff and Ken Coleman. Great collaboration 😊
So then your husband works to provide. @@Imzadi
@@qatarworldcupwinnermessi correct. I like to stay updated on the realities of the job market just in case but also I just find it interesting. 😊
Except that the guy deletes useful feedback from his channel, so that you have more incentive to opt for his "consulting" services.
@@Imzadi It is always good to stay informed. Wise decision. I think in your case, remote job is best if you decide you want to work, but they are becoming harder to get. I had a remote job but it changed to office job.
Had a great time chatting, thanks for inviting me!
So happy to see you on here, well done!
I learned more from Life After Layoff than I learned from the host.
That’s the way it should be . A good host knows they don’t know it all and brings in experts across different areas.
I’ve watched a lot of life after layoff but he’s never been correct in my opinion. I do the opposite and I get hits. It’s odd.
He’s always just wrong and it’s interesting to see people who are desperate flock to him because they are looking for a new job or they were fired.
It just shows me that the recruiting world is kind of all bunk, which I kind of knew from working with recruiters in the past.
Life After Layoff was a professional recruiter for many years. I should hope he knows more about the inner workings of the process haha
That’s why he was invited.
It's easy when the host is dumber than shit
Life After Layoff is pro employee. Ken is pro corporation. Choose who you take advice from
I called in once and got the same line as everyone else... 'read my book and find your passion". He had no practical advice for me as an individual.
Well…did you read their book and find your passion?
@@billybobthornton8122 no because my questions were not about 'finding' my passion.
Ai is definitely an issue I just did aphone call with a virtual recruiter that was a bot. I felt like I was being used to train the ai model.
Even if the AI offers you a job, the robot calls and texts show you how phony it is. Especially when they get your info wrong and there is absolutely no recourse to correct the incorrect info on you because there is no phone number to call, no one to email, and no one to text. It's all 'Do-Not-Reply'.
EXACTLY!!
Life After Layoff is one of my favorite HR channels here on TH-cam. He, in part, inspired me to create my own TH-cam channel focusing on employee relations. Great conversation and awesome to see LAL on the Dave Ramsey/Ken Coleman platform. Kudos.
He is full of the brown stuff that comes out of #2
Ghost jobs, companies posting on zip and indeed to make make it look like the company is doing good... helps the stock market. My husband lost his job 7 months ago, cannot even get a call back
The problem is while Unemployment % may be low, there are no new jobs for those looking for work. I have over 20 years experience as an engineer, currently out of work, and landing a job seems impossible in this job market without making significant compromises in pay, benefits, or having to relocate. Not to mention they look for that golden goose or unicorn. They don't want to train anyone for anything either.
Most of the job "growth" was just converting Full time positions into multiple part time positions: it 1 job into 2 or 3 part time jobs. Mostly because of the insane cost of health insurance. Last time I check health insurance with a major provider was around $1400/mo (single not married, no kids) with a $7K deductible.
Probably your only realistic option is go consultant so they don't have to hire you.
@@guytech7310 Yeah, problem is I've been looking at contract jobs too, and they're more picky because they want you to be a perfect puzzle piece so you can just be dropped in and go. So unless you have an exact perfect match with experience you're screwed.
@@htwingnut You have to tailor your CV to match the job description. You think the people that get the job are 100% honest on thier CV\experience? Odds are they are far less than you.
@@guytech7310 Thanks. But I do get phone calls based on my resume. I do tailor it. It's not the resume. When they ask about those qualifications and details I can't fake that.
Got laid off on 7/22/24 and have been looking ever since. Got close to a possible offer early on but they decided to go with someone else. I am in the process of working with a professional on totally revising my resume & cover letter. Fingers crossed something happens soon 😣
My boy life after lay off making his rounds ! Let’s goo
Those "We're hiring" posters in stores are decoration
Sometimes it feels that way.
Exactly. I went into a store that had those posters, had the announcements on the PA system, and a couple people in the store told me they needed people. When I went to the website and went through the usual bullshit, AI infested application and hiring process, I found out that while one corporate website said there may be openings in the area, the other corporate website said there were no such openings anywhere within 10 miles of the store where the clerk told me they needed people.
Apply to all of them only to get an automated rejection letter two months later.
I've been on indeed applying for 2 years and no responses from employers or instant were moving forward with different candidates
It is definitely a worse job market than it was during the 2008 recession when I was 25 years old
Maybe the worst ever!
I agree!! I was 23 in 2008. I was a server in college and didn’t feel a thing. I had a 3/2 apartment with two other roommates. Our rent 15 mins from downtown was $725 a month.
@@derekditz7812even in post Covid ?
@@frankiecarrrierivg03 maybe not.
@@derekditz7812 how so they could say we are hiring but can’t hire anyone
I watched the thumbnail I had to watch the video this guy from life after layoff is just simply awesome all his videos are educational and high quality love him 👌🏼👏
The job market sucks ass I’m employed no been looking for a good job for over a year if it wasn’t my dad and his connections I wouldn’t have a job right now it’s that bad
Took me months to find a job after losing previous job and now I get paid way less than what I was making.
Thats why yall gotta be grateful for having a job
Yall be taking it for granted until it's gone
@@Neji1984 funny of you to assume I wasn't grateful for having a job.
@@cryptocrazeee4672 how'd you loss it
This is not accurate for a lot of people are grateful for a job. Your comment is pretty know it all attitude when it makes people feel Horrible when their laid off and especially for those who worked their butts off for ungrateful managers and those who are supposed to be leadersdon't lead@Neji1984
The job market SUCKS
The "unemployment" rate doesn't factor in people that aren't even looking from giving up. I like the definition "are you working now?: Y or N, Do you want to be?: Y or N" If someone answers N and Y then they're unemployed in my view. There's lots of people that technically want to work but have given up so they're not factored into the numbers.
What benefit is it to factor them in the numbers? They are captured in the labor force participation rate. The unemployment rate is to capture competition for jobs. “Do you want to work” is a vague question. If all the unemployed wanted to work, but stopped looking for jobs, it would be easy to find a job as companies wouldn’t get any other applicants.
So have they gaven up or are they retired or living with parents?
In economics classes in college they taught you are not unemployed if not looking for work
In that era the survey was by phone or interviews and was not if one was getting an unemployment check
That number is over 100 million working age people, increased by a million since last year.
@@3beltwesty They may have taught that in economics classes but that is not the dictionary definition: 'not employed'; 'not engaged in gainful occupation'. Merriam-Webster, 11th edition.
@@mleobviously I'm not so certain. Right after the pandemic, when there was a 'labor shortage', companies still weren't hiring. The change in the official unemployment rate didn't reflect the reality, and it definitely didn't change the civilian labor force numbers, either. The 'not in labor force' numbers went up by a million in 2021, then back down by a million in 2022, and stayed there until this year, when they went back up to 100 million again. During the entire time, companies were complaining about 'not being able to find workers'. They were complaining about 'not being able to find workers' while the official unemployment rate dropped from 5.3% in 2021 to 3.6% n 2022. The fact is, companies no longer know how to find workers. Using AI bots and centralized, online AI infested hiring techniques isn't working, just like the unemployed aren't working. It's a mess.
I work in HR and our company directive requires us to always have openings available. And when the applications come in we just file them away, we don’t even look at them. Currently we are showing over 40 positions open on a major recruiting website. None of them are legitimate. The company line is that we have their application on file just in case we do need to hire.
Open positions makes a company look like it is growing. Management uses it as a way to juice stock valuation or attract VC funding.
Smart actually, you always have 1,000 applicants to replace someone. Just another way for a major corporation to have no respect for their employees. I’ll fire you this morning and have a replacement this afternoon!!!
@@christopherpowell3854 Kinda pointless, because the applicants will probably find a job or relocate when they need to replace someone, so they still have to go post it to find an available applicant.
"I’ll fire you this morning and have a replacement this afternoon!!!"
Unlikely since the still have to go through the interview & hiring review panel.
where I work all of our opening are legit. Healthcare needs people. If you can't get a job, get over to the closest healthcare place.. Hospital, clinic, doctors office, radiology.. they all need people!!!
@@anniesshenanigans3815I’ve applied for like 8 different healthcare related jobs and haven’t even gotten an interview.
43 days? It took me 6 months to get into the current job I have now. Lots of high-tech hoops to jump through, lots of interviews, lots of wasted time waiting for things to cut back to the potential employer.
Same here, around 6 months for each change.
The 43 days is how long it takes for a company to fill a position not how long it's taking for workers to get a job. Lots of people competing for not that many jobs.
in the past, it's taken me around 90 days/3 months. Now? Talk about 2 years? Thankfully, having a part time job saved me a bit, but it's still not enough hours to compensate for what I lost. If it wasn't for family, i'd be homeless. Nothing is built, nothing is back, and it sure as s*** ain't better. Thanks for bringing awareness to this :)
NGL what frustrates me as a job seeker is seeing something that got posted 1 HR ago and already has 100 application because people who aren’t even specialized in my field are mass applying to jobs that they aren’t even qualified for.
im guessing you are the one guy WHO IS??
What field is it then if you say they are not specialized in it? Because saturation is real
To get unemployment, people are required to apply to jobs. Any jobs. 😬
@@mrbanditos3583 Biology. Almost 5 years ago I applied to my first out of college job. Got many offers within of just 1 week of applying, and I picked my dream job, I was a manager at a lab, was a big influence in the company, I loved it. Just got married and carefully had to consider moving back to my hometown due to many reasons. Took me almost 3 months to land a job with only 2 offers at the same time thank God. Unfortunately, I picked a job that basically lied about what they did and with a combination of a toxic work environment (which they oversold and took a decent pay bump just for it) I had to leave after 6 months of working there. Now I’m back in the market. It’s tough, resume looks even more impressive than when I left college and I can’t seem to land as much as I use to. I’m even applying to job with 5 years of experience with the specialized field I’m in and for some reason 100+ people apply within the first 1 hour of it posting which I’m sure is bull.
@@misspat7555 I might just do that. My last job was toxic and I need time to recover anyways lol
It is difficult for American citizens to get a job because all new jobs are going to visa holders.
Love the Channel Life After Layoff. Been very helpful for interviews.
Just went through a 4th round layoff after an acquisition which came after telling us that the third round was the last. Many of the people that were laid off from the first round still can’t find a job. It’s BAD out there.
Im going to weigh in on that as I've done it here and there, its pure frustration for some of us. What i mean is, you start applying within your means, getting shot down and after a while you become desperate so you end up throwing sh*t against the wall and seeing what sticks, you know theirs not much chance but on that million to one chance out of frustration you start applying for things beyond your means.
You have to apply for everything and everywhere. Unfortunately, if 98% of applications are rejected before an interview, basically you are buying more lotto tickets.
The 3 main reasons why job hunting sucks in 2024:
1. The AI boom which makes it easier to replace employees
2. High interest rate environment so it's more expensive for companies to borrow money
3. Surge in inflation over the past 4 years so things are generally more expensive
Pretty much
Soaring Health insurance premiums, Workers Comp premiums, etc. That said the US is in a deep recession.
Took me about six months to find a job as a 50+ worker. My concern is that DEI created as much a challenge as AI. Key evidence is when multiple companies reported ends to their DEI office, they started calling from 3-6m old applications. Another piece of evidence, only companies that called me during my search were the ones I expressly did NOT answer the demographic information. Of those, ghosted after required "introductory" video call. I don't want to think the worst here, but when stressed trying to find a role, patterns emerged.
poor white guy using DEI as an excuse. COPE N SNEED
Add in that most initial interview chances are either with an HR person at a company or a recruiter....and neither know much of anything about the actual jobs they are trying to fill.
The disconnect is over half of those people DID NOT have the background necessary to get the job to began with. The market is correcting itself.
No more 150k earners with 3 years of experience….😢
Brian is great! Congrats on your success!
The job market is great. The employment rate is great. Crime rate is great. Inflation is great.
“The party told you to reject the evidence of your eyes and ears…..”
Sad but true, really. And what is sadder is that a lot of people actually believe those statements you listed.
It's definitely brutal. Took me 6 months to find my current job when I got laid off last year
It took me 8 months
So what? Tough it out!😂
And they say the economy is booming~!
Very good interview. I found it knowledgeable and entertaining while getting ready for work this morning. I appreciate the insight.
I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.
yeah investment is the key to sustaining your financial longevity but venturing into any legitimate Investment without a proper guidance of an expert can lead to a great loss too
I agree. There's a lot of potential in the market.
My friend introduced me to a financial advisor in 2023 Professional Chrissy Barymoer and even though I was skeptical, I went on. I finally was making enough monthly dividend to quit my soulless job and pursue my dream to start a restaurant in New Jersey and still earn five figures in monthly dividends.
Hello, I’m 37 and I am not worth much yet , please help me out. Bought my first house last month and I can't seem to make any other smart investment.
I'm an amateur with a portfolio of 3,000$ but it's hard for me to build confidence. I want to invest another 12,000$ over a one month span, but I want to be strategic about doing it so l can grow more and not stay stagnant. Can you recommend me to this your professional please
Search him by His name "Chrissy Barymoer"
companies need to stop sending work overseas. That will open more jobs
Applying for something you are not remotely qualified - is it possible someone is doing that to maintain unemployment benefits? Also I wish he would have covered employers posting "ghost jobs".
Nah, Its mostly because the Job search tools have created "easy apply". Applicants can just flood their resume to hundreds of openings with little effort. The probably don't even know that are applying to a lot of the openings.
I think most of the unemployment money was depleted. So I doubt it.
HR departments make it impossible to hire people, but company policy makes it impossible to hire people without going through HR. I've had qualified external candidates referred by employees not even be able to get an interview. Or in the event that they make it through too many rounds of interviews HR takes too long to send out an offer, and they end up taking a job somewhere else.
Probably because Exec wants cost cutting measures for hiring & using HR to do it for them. Next time job opening, have a friend submit, but make a very low ball compensation for a very experience candidate, I bet the HR delivers the applicant to you.
I’m in that exact position. I know a guy who has a very high position in a company. He allowed me to use him as a referral on my applications. He even reached out to HR when I had a question about my application and I still never heard back from the company or got an interview. It’s been a month.
Sometimes HR hires thru a headhunter and the HR person gets a kickback on the recruiters 35 percent hiring fee..
So you apply for a 100k job with no luck. They hire you and pay out 35k to recruiter since thru them. Then HR person gets kicked back 5 to 15k in cash or free tickets for season. Or free atv
I applied for six jobs on the same day. I heard nothing from three and just assumed they didn't pick me. Two others scheduled screening interviews within two weeks of my application. I had an offer from one. The day before I started my new job, about 50 days after I initially applied, the sixth employer finally texted me asking for a screening interview. I took the screening interview just so I could tell them they took too long to get back to me. 🙄 P.S. The BLM is being used like a political tool as much as other agencies. It's no longer about honest information, it about manipulating data for votes, budget share, and political horse trading.
wow that is pretty good 2/6 gave you a call back. Damn if I was only so lucky. Try 3 callbacks for 700 applications, then we can talk.
@@phoenixrising4995I work in finance. I actually sent out about 20 resumes over a two month period. I had other interviews but my app didn't move forward.
"AI doesn't have any say in an applicant" next sentence "we do use keyword searches to remove applicants". Just because ChatGPT wasn't used doesn't mean technology wasn't used to remove potential people. That's been a common practice for decades.
Indeed, it's laughable how little human attention goes onto a cover letter or resume. You could actually just type SEO-optimized keywords and nothing else into your application documents and nobody would notice 9/10 times
@@Cryptic0013 I was told by an HR manager that I have to type out Excel, Word, Powerpoint, etc. Because if I just said Office, the secretary in charge of filtering won't know that 'Office' is acceptable for 'Excel' and you get filtered out.
@@jonkuderer Indeed. There's been no human intelligence in the process for a long time. They've simply automated a task that was already being done by a midwit who was just following a script.
Some corporations AI does the hiring, as well as the firing. I applied to one such company and nothing -- from the job offer to the rejection to the other AI bot asking me why I never replied to the non-existent email they never sent me -- none of the decision making process was done by an actual person.
The right choice of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future..
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Brian! Imagine i invested $50,000 and received $190,500 after 14 days
Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.
Yeah...How many "Job Search courses" have I attended where they tell you "Oh, if you don't think you're qualified, apply anyway. You 'never know' if the company is having a 'hard time' trying to find ANYONE who could do the job. You 'never know' if they're looking for someone who may not be 'the right fit' and who could work out very well" (i.e. the old, "Oh we took a risk and it worked out GREAT for us" B.S.!!!)
Chances are no one will call you for an interview let alone hire you they don’t want someone being a liability
Its not hard to find a job. The issue is there is no job market at all!
You said it. Even starting a small business or freelancing is impossible right now. It's like the economy
disintegrated altogether. Consumers are broke and nobody wants to invest even into the next week. It
will only take 1 more year like this and it's 1929 all over again. This time, the U.S. collapses for good.
But locally home builders have few painters or drywall or carpenters.
its ADP, WorkDay, Indeed, Ap process, HRIS system and data abuse
LIFE AFTER LAYOFF!!! 💪🏾
What life?
@@nationsnumber1chump that’s the name of the guest’s channel.
@@Rashad3000 oh I know
That's why its important to have a family business like Dave Ramsey. His kids never need to worry about being laid off.
Unfortunately, the media has done a great job of portraying self sufficiency as a bad thing. I would love to go into business with my father, but he's so risk adverse and believes in holding a "steady" job. It honestly feels like what Robert Kiyosaki had to go through with his "Poor" Dad. Long nights and plenty arguments about how to navigate through these turbulent times.
I currently work as an accounting analyst at Wegmans and make $17.80/hr in Raleigh Durham, NC.
And what education and experience level needed for that job?
@@mleobviously a high school education. Why do you ask?
@@mleobviously Doctorate in Accounting with at least a masters in economics. /sarc
@@guytech7310 that is funny but in a non humorous way
Great collab, loved the video. I definitely appreciated many of the points made. At the end of the day, we should be in the driver seat of our careers, not employers.
The economy has been mismanaged. We must vote out this administration.
Well under Trump who printed a bunch of money enabling this mess back in 2020. This ain't a dem vs republican issue, its two wings on a terminally ill bird.
But that will be THE END OF DEMOCRACY!!!!!!1
Democrats are good for Tesla amirite? 😂
@@cutehumor If you define good as nonstop investigations and threats of throwing their CEO in prison.
@@jasonandkathleenbarker6306 Democracy ended in 1776.
The crossover I wasn't expecting today, but I'm totally here for it. Love Life After Layoff and Ken. Let's go!
I'm so glad they covered this today. I called into the show about a month ago and I felt this way but didn't want to straight out say it on the show. I felt like they would think I was just making crap up. After almost 9 months of looking finally found something. It was very hard. There was literally not enough listings at all got no call backs, no nothing. Its October and Seasonal hiring is not even happening right now. That's not a good sign, but I truly feel after having a few interviews, Companies are not hiring and are waiting out the Election. They are not coming out and saying it, but they are more confident with Trump in Office and the economy. They are hesitant with an absent president and a woman who has no idea what she is going to do with the economy. The economy depends on jobs and spending, with both down, they are scarce.
I work on a computer 9 hours a day 5 days a week I’m a proud computer programmer 🧑💻
My guy life after layoff made it but it took me from memorial day weekend to labor day weekend to get a job got from when I got laid off
nice to see you both together !!
first they'll admit to more jobs adjusted by about 300k, 2nd they are deceptively forcing a recession.
Idk why no one us talking about this. During the pandemic a lot of people got HUGE pay increases to do the same work. Naturally, they built their life around their new budget. Well now, that same work is being offered at 25-30% less pay post-pandemic and they don't want it anymore. Those are the same people saying that it's hard to find work.
Only those who switched jobs got a pay increase, but inflation and housing has completely eroded that pay increase.
Bryan, congratulations you made a big gamble in 2920 to go off on your own. Now it has paid off. Your Life after Layoff channel really ads value. It is hard to find a job now.
this guy is awesome W
Wow, wasn’t expecting Life After Layoff!
This is all about office workers. What about the rest of us?
As a welder I just got let go been a month now and can’t find work less than a hr away an I can’t drive a hr or more I got two toddlers that go to preschool as a single dad places look at me like diseased all because I have a life outside of work and can’t afford the gas money even to drive a hr one way for 19-20$ a hr an then continuous mandatory overtime if there is any sorry I can’t work 12hrs 6 days a week an nor should I at the rate this economy has shut down
I work in propane industry. A lot of customers are switching from nationwide company to our local company, I hear the same complaint, when they call the nationwide company, they are talking to someone in India who has no idea what propane is and how delivery is done. But then they call us, they are talking to someone who they know through someone they know. Also they like the idea that they can actually meet owners and customer service representative in real life on events we are a part of.
I wish the corporate management would go and live in the countries they outsource American jobs to but they never seem to do. I wonder why?
Thank you for the current employment trends!
Gen X is screwed . If your a Gen X and don't have a job your fault. You guys grew up in an era when jobs were abundant
Tech people should consider city, county and state government as well as getting a Career Technical Credential and teaching computer science or video production etc. Corporate America sucks.
AI destroying jobs. Also, once you have programmed computers to handle everything, what is the real need for the worker? We just need fewer employees. As population grows, more become supernumerary. Yet the in demand fields are not the guy fields. Men are having more trouble finding work, they have less education and their skills needed change rapidly. Truck driving and manual labor, a few trades is about all that is guaranteed longevity.
Not sure if that's going to be the case. Who's going to repair the robots and AI?
@@SamLee-ds7fiI think that is where his comment about men having less education comes in. Advanced technology requires advanced skills and knowledge.
@@SamLee-ds7fi Robots operate in Asia factories, not the US. What AI is doing it taking over much of the white collar jobs: accounting, sales, marketing, etc. What will be left is trades, R&D tech jobs, and low wage service jobs that cannot be economically replaced by automation.
That said the US (& west) is going to collapse. the US now has over $100T in debt (Gov't + corp + consumer) & is unserviable. The only option is inflation that will increase & collapse into hyper-inflation by the early to mid 2030s.
WE ARE!!! 😁👏🏼👍🏼 I've watched LAL since he first started. So happy to see his success and growth
Great interview. Thank you for sharing
Never thought id see this collab!
Unfortunately, thanks to all the money printing and inflation, 2012-2022 was the easiest economy in US history to succeed in. We are going to need the next 10 years to be brutal, hard, and challenging to correct the economy.
What year are we on? Counting down. 😂
Good conversation
Even though I watch Dave Ramsey, I'm here because of Life After Layoff since Ken is....well Ken 😂
In regards of the pendulum swing topic, on top of what was described, id argue that many big companies (mostly tech) also over hired with the low interest loans they took out. The jobs were also high salary caps. Even heard companies would hire people to pretty much make sure they were on their team and not their competitors. As the pandemic was winding down and the economy was changing from this, they had to adjust from their bad choices.
WTF is going to vote for special K after three years of this crap?
Brian comin' up.
People are applying for jobs that are not very much related to their experience because they need jobs and are interested in doing the position they are applying for.
It's challenging to find a job that offers both good pay and fair treatment. Most of the opportunities recruiters reach out to me about are contract positions. I'm not in favor of contract work because it often lacks benefits and job security. Additionally, many companies tend to hire one person to handle the workload of two or three, rather than bringing on more staff.
If you have qualified candidates they need to be hired. Not sure why companies over complicate this 🤦🏽♂️I had recent interviews and I’m being told I’m overqualified because of my MBA I have. So frustrating!!
If its car sales dont apply online, just go in
100s of applications fake posts . Company's dont respond even you follow up. Many have to resort a temp service but then your cattled off not promised a job
Brian Seely rocks!
No whole lot more looking who have stopped looking because can't find work!
At my Company they said 400 ppl applied for this one job in the technology department.
Ummm, I've been responding to jobs and going on interviews that require "samples" of my work. Really these people are just stealing our intellectual property without pay. Not to mention, businesses should be required to pay a hefty fee to advertise for hiring. It shows the companies are serious about hiring and invested.
Awesome youTube channel life after layoff
Every company is forever “hiring” even if they’re not actually hiring.
I feel like if you own a company that still requires college degrees you are so far behind its not even funny!
But Ramsey said…
I m exhausted. Dont even feel like applying now.
He's wrong though, about AI. Both of these guys have been severely wrong with how serious things are going. Time to expose the lies.
"I want to get back to the AI point."
"No, we aren't cutting you off, give me 20 seconds on that."
::VIDEO ENDS.::
ROFL.
If you're over 55....don't even bother looking.
Why 55? Is that your age? Have you tried looking/dressing/talking more youthful? Have you updated your resume?
Or applying for age appropriate jobs. You're not going to get called back for entry level roles
I am 58 and just got job at 7 eleven. Not sure how long I will survive.
@@stevenruyf4044 So people just can't switch fields anymore if the field they are in contracts and they didn't have a crystal ball? You're NOT going from an advanced job in one field to an advanced job in another.
You gotta bribe the HR recruiter lol
I only need a job that pays 15 to 17 an hour and I live in my comfort zone. I'm a very simple man I can't imagine having to find anything more then what I need. I've met people who won't get out of bed unless they make 30 to 50 dollars an hour. If I was offered 20 an hour I would probably feel like I won a lottery. 😅
I applied to 10 part time jobs and visited those places and HR/manager always tell me to just wait 😑😑wtf
This dude is a clown. "AI doesn't have any say in an applicant" next sentence "we do use keyword searches to remove applicants". This guy has an HR or business degree he has no idea what AI is and how it is used.
That's a false equivalency, and simple keyword searches/filters absolutely are not an example of AI any more than is looking up an address in a database.
Keyword search is not AI. It’s just a line or two of code in a program. Excel spreadsheets can filter by keywords all the time. It’s really not difficult.
Ctrl+F is now AI?
Filters aren't AI. They are just filtering tools & have been around for nearly 2 decades. The issue really comes down to lack of jobs & companies unable to pay workers a living wage.
I’m a proud computer nerd 👨💻👨💻👨💻👨💻apple fanboy
I got laid off in March 2023. Still plugging away.
this video failed to introduce the guest!! I am guessing this was just a clip of a longer video??? Congrats on the exposure.