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Is it ever going to get better? There are fewer jobs, and the ones that do exist are requiring more and paying less. Not to mention 1000 hoops you have to jump through to get the existing jobs. Will this all change if the economy improves? Or is this the new reality even if the economy improves?
Is it ever going to get better? There are fewer jobs, and the ones that do exist are requiring more and paying less. Not to mention 1000 hoops you have to jump through to get the existing jobs. Will this all change if the economy improves? Or is this the new reality even if the economy improves?
That we were in the new norm and never again would things get better is exactly what millions of Americans thought under the wonderful leadership (//sarcasm off) of President Jimmy Carter.
Things got better and for 25 plus years they were better.
There are two aspects that brought the labor market from where it was to where it is now: [a] what is euphemistically implied by "productivity"; and [b] globalization. Both are reflections of a pattern of policy change over more than a generation shifting the financial interests in the labor economy away from employees and toward the advantage of employers. It could perhaps be viewed that the cycle is returning to where it was in the beginning of the Industrial Revolution. And just like things went from there to where they were when labor had the most power during this cycle (arguably the 1970s), it could indeed return to that point, but we're talking about a very long cycle, and we're probably still on the top half of the downside of the slope. We've got a long way to go before we get back to the starting point, and then a long way back up the next slope to where things were a generation ago.
All those things that are in all the big box stores used to be made in America, a quick look today at any label will tell you where all the jobs went..
America used to be a major player in production whereby many factories gave employment to many tens of millions of employees, for the most part those manufacturing jobs have been shipped elsewhere leaving a large void in the labor market.
I'm in sales and marketing and live in one of the cities that is being touted as having a job resurgence. Either see entry level jobs working in a call center or the extreme opposite end of the scale where companies are looking for unicorns. These companies are looking for people with a very specific background in science, finance or technology but who also have the ability to sell. Then to top it off would prefer someone who is bilingual.
Most of my jobs have been selling to companies that make stuff. If nobody is producing anything, they don't need to buy supplies, parts or packaging from me.
That we were in the new norm and never again would things get better is exactly what millions of Americans thought under the wonderful leadership (//sarcasm off) of President Jimmy Carter.
Things got better and for 25 plus years they were better.
It will happen again.
Things did not just get better on their own after Carter. They were made better by Reagan but with heavy government and military spending that put the US further in debt.
Things have to be made better for conditions to get better.
To the OP:
It's been 4 years since the recession and bad conditions may go on for another 7 years before someone does something to make things better. By then the damage would have been done to a lot of people.
The damage has been done. Careers have been ruined. Lives have been effectively terminated. Many of us who couldn't get our careers off the ground never will and are done. The same thing is true for older workers who were laid off. When a recovery comes around, we will miss the boat, and all the attendant social ills from a scarred population will have to be dealt with.
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
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I think it could change drastically for the better in about 10-15 years when the younger boomers retire in the big numbers at age 75 or so, if something can be done to reduce the outsourcing and imports from China. Then there will be competition among employers to hire replacement workers. If we continue the current trend the number of retirees will not be enough to offset the work going out of the country.
Every 15 years or so, there is some drama about a terrible job market.
Then things turn around again.
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