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For young people, the job search has never been so miserable

65 点作者 quick_brown_fox大约 1 年前

17 条评论

sph大约 1 年前
Honest story time. I don&#x27;t even feel like hiding behind a throwaway.<p>In 2020 my boss, and CEO suddenly passed away to cancer. I found myself (CTO) having to run an entire company, while I was already dealing with personal issues. I rose to the occasion, did the best I could while also I explored the possibility of selling the company, which felt the most sensible option given the context (which I am not going to explore here). After a year of the most intense work I have done my entire life, the majority partner (and inheritor of the boss&#x27; shares) decided they didn&#x27;t want to sell after all. Then everything imploded, I went on a massive nervous breakdown and burned out to cinders. Months later, in later 2021, I left because I literally felt I would die of exhaustion. It was necessary to take a very long break.<p>After 18 months of a sabbatical and working on my health, things started to look up, and I was starting to get bored. I have been working as a software engineer for 17 years, as employee and later consultant, and as a fully self-taught person I believe I am pretty darned good at it. What follows is 6 months of fruitless job search. Hundreds of CVs sent to no response. People telling me &quot;it&#x27;s the market&quot;, &quot;it&#x27;s your resume&quot;, &quot;it&#x27;s because you have too much experience&quot;, &quot;it&#x27;s because of Brexit&quot;. Silly phrases to explain the state of tech job search. In 6 months of job search, I felt I was crashing back into a second burnout and needed a change.<p>For the past year and a half I have been working on launching a business because it&#x27;s the only avenue left to me, and only chance to avoid going through the meat grinder again. With crappy jobs on Upwork at $50&#x2F;h, some underpaid consulting here and there, and UK universal income I have managed to keep a roof over my head, launch a business but still far from being financially secure. It is fucking exhausting, yet somehow job search is even worse than that.<p>If a person with this much experience like me is unable to find a bloody job, I loathe to imagine what juniors go through.<p>If I hear one more person say &quot;the economy is not so bad&quot; I&#x27;m gonna force them to look for a job the good old way, through the cosmic joke that job boards are.<p>Something is utterly broken in hiring, in recruitment, in the entire job market and no one is at the wheel. &quot;The economy is not so bad, look at this chart&quot;, they tell you.
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d--b大约 1 年前
Meanwhile, the stock market is through the roof, bitcoin rallied spectacularly, the housing market is unreachable to most, and let&#x27;s just not talk about gold.<p>And AI hasn&#x27;t kicked in yet.<p>At some point, we&#x27;ll need to throw all the economists into the sea and start realizing what&#x27;s going on here...
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ankit219大约 1 年前
I can understand ATS is dehumanizing, but to frame it like in the article does little to solve the problem. The article does not even highlight the actual problem as to why companies have such automated processes.<p>Number of applicants per job have increased manifold in recent years. No matter how many recruiters you hire, they can at max look at ~200 (20-30 per hour) resumes per day (assuming they don&#x27;t work on anything else). On many entry level roles on LinkedIn, the number of applicants are more than 10,000. You need an automated system somehow. There is also a tendency in this demographic to compare against their peers and wanting the same jobs, perks, etc. while they may or may not want to make an effort towards it. Not sure if that is possible in the short run.
epolanski大约 1 年前
Can say that the situation of my friends in southern Europe is beyond depressing even if they have already years of experience.<p>My gf with a law degree, having worked at a tribunal, and now in a bank for more than 5 years can find literally nothing. Ghosting after ghosting.<p>My friends who have chemistry degrees are in similar situation, just nobody answers for months and months.
Zenzero大约 1 年前
My perspective as someone that crossed over from medicine is that the software industry suffers from two current problems: lack of licensure and wild expectations.<p>The standard hiring process has grown into a monstrous time sink on both sides, and it is purely because there is no quality filter on job applicants. Contrast this with hiring in the medical field, which can be as simple as giving them your name so they can verify your licensure status. I know that the velocity of change in the software industry makes it difficult to maintain an agreed upon standard of knowledge, but in my mind until you have a more robust centralized certifying authority, this will continue to be an unsolved problem.<p>The second problem is that I have met several devs that have quite frankly ludicrous expectations surrounding compensation and the work needed to obtain it. At least in the US, virtually any other job that pays you over 150k TC by 25 years of age demands rigorous hours and likely low wages prior to that. Comparing to my colleagues in medicine and my friends in law and finance, it became a joke how shockingly disconnected expectations in the software world have become. Like others have said, the FAANG salary scale has contributed to exuberant behavior. I&#x27;ve had enough conversations with smug recent grads on what falls below their inflated standards of worth to know that the miserable job market is a badly needed correction for the better.
asne11大约 1 年前
<a href="https:&#x2F;&#x2F;archive.is&#x2F;UcNgK" rel="nofollow">https:&#x2F;&#x2F;archive.is&#x2F;UcNgK</a>
jimbob45大约 1 年前
<i>Employers may imagine the system is efficient. In fact, it is a wasted opportunity. Every time someone applies for a job, there is a chance to build that company’s reputation.</i><p>Couldn’t agree with this more. I’ve heard some stories about companies rejecting candidates too late in the process to be professional. It’s like they don’t think we talk about them.
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bluSCALE4大约 1 年前
I graduated in 2007 and decided to take a low paying IT job that I stuck with for 2 years. It was demoralizing but it luckily led me to web development. I think it’s important to remember that there are lots of options available early on if you lower your standards and expectations. The job was rough, a lot of self learning but it prepared me well for what was to come.
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rich_sasha大约 1 年前
It would be great to see some statistics on this. All I see is anecdata, some people saying it is abysmal, some saying it&#x27;s fine if you&#x27;re good. It&#x27;s hard to compare to eg 2008, when I wasn&#x27;t even in the market.<p>Fwiw, I&#x27;m not really looking, just the usual back burner. There&#x27;s lots of HH enquiries, but it all ends with ghosting.
jacknews大约 1 年前
&quot;While ministers debate reducing benefits to boost incentives&quot;<p>It really takes some brass balls to float this as a solution to the &#x27;problem&#x27; of incentivizing people to work, and keep a straight moral face. How about increasing wages to something livable, maybe via extending benefits into employment?
anonzzzies大约 1 年前
‘Never’ is a long time. There were far worse times in (recent) history, but currently I see many companies rather hiring no one than a graduate&#x2F;junior. At least in my field (which is common here; saas dev, fullstack), I have too pick between paying a graduate a very large amount of $, much to close to a medior or even senior, to skip over them. I would love to hire someone like me when I was a graduate: I didn’t have much costs so I worked for very little and was eager so I worked hard and tried to soak up everything. It seems these are different times and as a small company, I simply cannot take the risk for the salaries people are asking with zippo experience.
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iamacyborg大约 1 年前
I was made redundant a couple months ago and this market is the roughest I’ve experienced since entering the workforce in 2011.<p>I can imagine it being a huge pile of suck for folks without some decent experience under their belt.
Ekaros大约 1 年前
Is it actually worse compared to post 2008?
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bitcharmer大约 1 年前
Looks like FT&#x27;s memory span is pretty short. Today doesn&#x27;t even get close to the misery of job-hunting in 2003 or 2008. That&#x27;s why I stopped taking these news outlets seriously.
tennisflyi大约 1 年前
Here I was thinking I was alone
MikusR大约 1 年前
And now imagine how it&#x27;s for old people changing careers.
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Tutitk大约 1 年前
&gt; pages and pages of jobs, most requiring at least three, even five, years of experience.<p>&gt; recent graduate with a degree in cyber security<p>College is the problem! It should provide job relevant skills and education! Instead students are forced to study irrelevant garbage.<p>If this guy studied himself, he would save money, and had a few years of relevant experience by now.
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