If Companies Are Desperate For Workers... Why Can Nobody Find A Job?
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- čas přidán 10. 06. 2024
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There are nine points six MILLION [9,600,000} job openings in America right now and businesses are desperate to fill roles that have now been empty for months.
BUT at the same time you are reading endless articles about people who have applied to thousands of jobs and haven’t heard anything back from the companies that were supposed to be desperate for workers.
So if there are so many job opportunities, then why can’t anybody get a job?
According to the U.S. Bureau of Labor Statistics there are currently nine point six million [9,600,000] job openings in America and only six point five million [6,500,000] unemployed people. So why not just take the openings that desperately need workers, and give them to the people that desperately need jobs?Well, it’s not that simple and there are two reasons why companies are struggling to fill roles even when so man people are looking for a job, and two equally important reasons why people can’t find a job even when so many companies are looking for workers.
The first reason why people can’t find jobs even when companies have so many open positions is because it’s easier for a company to look desperate than it is for a human to. According to the Congressional Research Service the number of job openings is calculated using a survey of sixteen thousand [16,000] business establishments on the last day of the month to assess if a job opening exists. According to the informational guidelines a job opening only has to meet three criteria to be counted.
a specific position exists and there is work available for that position;
the job could start within 30 days, and
the establishment is actively recruiting outside workers.
There are companies that are constantly advertising job openings for positions that are hard to fill OR are subject to high turnover. Last year Endgadget a technology newspaper received leaked internal report from Amazon which revealed that the company had a staff turnover rate of one HUNDRED and fifty percent [150%]. That means Amazon which has one point six million employees [1,600,000] was hiring two point four million people [2,400,000] every year just to maintain it’s workforce. In the same year only a third [1/3rd] of Amazon’s new hires stayed with the company for longer than 90 days before quitting, getting fired, or getting laid off. With that much turnover the company doesn’t bother to remove job listings once someone get’s hired to fill a role. Warehouse staff are continuously being onboarded and offboarded at almost the same rate so hundreds of thousands of positions stay open across the country.
Amazons hiring practices for some of their best paid and most attractive job opportunities ALSO showed how easy was for job opening numbers to paint the wrong picture. ANOTHER Amazon internal document reviewed by Business Insider revealed that the companies Web Services Utility Computing Team posted twenty-five THOUSAND [24,988] job openings in 2022 but only seven thousand eight hundred [7,800] of these positions were actually approved to be filled. This also happened in a year that amazon was laying off more staff than they were hiring.
The strategy that these companies and hiring managers are using is to constantly have positions open to attract top talent, if anybody that is not OVERQUALIFIED for these positions applies for them, they just get rejected. Amazon is not the only company that does this, most of the top tech, finance and consulting companies do exactly the same thing. Amazon is just not as good at keeping internal documents from the press. So even though you might think it’s the best time ever to get a job, the numbers are misleading and that’s just the first reasons, there are much bigger problems than just numbers.
So it’s time to learn How Money Works to find out why with so many job openings people still can’t find a job.
Take advantage of their black Friday deal and use my link seekingalpha.me/how-money-works to get 30% off Seeking Alpha’s annual Premium subscription for $167.
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Want to put out there a word of caution when it comes to Seeking Alpha.
Quant is not 100% a reliable indicator of a company's performance. If anything, today, Jabil ($JBL) reported disappointing numbers and it was rated a Strong Buy by Quant while the company so far is logging a 10% decline after hours.
Napco Security ($NSSC) was also rated a Strong Buy by Quant as it rose but downgraded to hold right *after* the company logged a 30% decline in one day due to internal control issues requiring restating several quarterly statements.
Meanwhile, Aris Water Solutions ($ARIS) was at one point rated a sell and then a Strong Sell when it's shares dipped to $7, which was the bottom earlier in the year. It was upgraded once it rallied, meaning Quant could have misled investors if they take the rating at face value.
I've seen the same pattern with Quant, which is heavily advertised to outperform the S&P, to upgrade strong buys on improved momentum and Wall Street sentiment and to downgrade stocks when they go down. It is very fickle if it's not rating a company a strong buy for a very long time (Case in point, Powell Industries ($POWL), which can make the system more dangerous.
Aside of that, service is good, but it can get as good as you can get when relying on analysts that find it easier to post Buy articles than to post Sell articles.
Drink everytime he says seeking alpha
Its because employers refuse to train people. There is no worker shortage. There is a shortage of cheap labour.
Exactly. The company where i work won't hire people unless they've pretty much done the same job for another company. Reject applications daily then wonder why they haven't found anybody for the role.
💯 THIS!
@@leifang1211 it’s not an american phenomenon only it’s the same in Europe even regular store jobs have personality tests to see if you fit the job. And also they sometimes write “minimum 3 years experience”.
Yes, Billions and Billions of McDonalds jobs, how do these count!!!!??? Hours limited so workers can't get benefits, so they have to work 2 crappy jobs. These so called jobs are all low wage or expect highly qualified people to fill.
@@beepboopbeepp Then they hire someone within the company to fulfill the role, why do they bother to post it?
It should be illegal for companies to post ghost jobs. Saying you’re hiring when you’re not really is fraud and should be treated as such.
Yea but companies have wealth and legal power over you normal people
I would add to this that I think should clearly run afoul of privacy laws to just maintain a database of prospective applicants in perpetuity. I think most people would expect that companies only maintain that information until a role is filled and then their personal information is discarded. To find out that's not the case should make people very wary about where they're applying.
@@Ad_Inferno privacy laws in america is severely lacking.
More like Indeed can bank on this kind of stupidity by exponentially charging the longer they post.
@@Ad_Inferno The fact that it's not illegal to sell job applications to data brokers is a crime in itself. This needs to be outlawed yesterday
Calling people "spoiled" for simply not allowing crooks to exploit them for starvation wages is pretty tone deaf, dude.
🎯As soon as I heard I was like ok… this is off and ignorant.
not tone deaf, just evil
He isn't implying they are spoiled rather previous employers were spoiling them
@@markme4does he mean during the lockdown when companies actually had to pay people more than pocket lint to work?
#gaslighting
If you're struggling to find work, it's not your fault, we currently live in clown world, and it's not just tech, every industry is experiencing this.
Really is a clown world where the liars, narcissist, and overall bad people get ahead in life
And its sad that this has been going on since i can remember. Im currently employed, but in my early 20s it took 3 years for me to find a job. I had to settle for temp jobs. Get disposed off repeatedly throughout a year. Then got a legit warehouse job making 27.50 an hour so i guess i got lucky through sheer iron will. But that doesn't change my view of the job market. The job market is more corrupt than the Chinese Communist party. I have no faith in this market. If i lose my job, im gonna have a different attitude/mindset than i did in my early 20s.
Not accepting low pay when rent, groceries, and all other basic costs have increased is not being “spoiled”. It’s called surviving 😒
7:04 for anyone wondering. Just accept your lousy salary and starve 🙃
@@deathtone720 Thanks for tagging that.
Yeah, calling our economic requirements being “spoiled” is really shitty.
Agreed... unfortunately within all companies no matter the size.... most of the profits only land into the pockets of people working at the very very top.
The CEO and his top people will give each other bonuses every year for MILLIONS while their working staff might receive a tiny gift card during holidays.
So you choose to live on nothing instead?
I was turned away for a job because I was “overqualified and over experienced ” which translates to “we can’t pay you what you’re worth.” They are seeking cheap labor, nothing else.
If they could slavery would still be legal lol.
Agreed. Had the same experience and I struggled to find anything. We need to eat and survive! I basically told them “I really need a job!” They said they would consider, never got a call back. I sometimes harbor resentment against those companies because my career could have flourished if they threw me a bone. Well whatever, I’m figuring out self employment.
I think it's more like "we don't want to pay you what you're worth"
@@unoriginalname4321 Yes, you’re absolutely right.
I was stuck on that ride for two years.
My son lost a job and looked for over a year trying to find work, he finally found work - but he put in hundreds of applications without getting any calls!!! The few calls he received were scams! He was very panicked!! it shouldn't be this hard if you want work!
Same. Have a spreadsheet of hundreds of applications I put in. I got calls from 4. Got an interview from only 2.
Jobs I applied to up to three years ago are calling me in for interviews just to ghost me after.
On top of that their ad says like 24-28$ starting, want you to drive up to 2 hours away and then offer 16$ max.
I went through the same thing. I decided after a year to just go get my CDL (it's an expensive decision). It's ridiculous how difficult it can be!
@@zachdavis4168You’re so handsome and you also have such lovely hair
I'm going through the same thing right now too. It's truly awful. Everyone wants years of experience and nobody is willing to teach you for it. The very few calls I've gotten (only 2, and one of them ghosted me), have been for a very low salary that would just not allow me to tackle all my expenses. It's crazy
I worked for a company that would have over a hundred job openings listed on their own website. But we’d try to get friends hired and they would never get a response from HR. Turns out the company just wanted to run the company with the smallest labor cost possible. Telling the overworked employees “ just hang in there, we’re trying to hire more people, look at all the openings we have listed.” But all we ever heard from people looking for a job was that they never got a response.
If workers can't get unemployment benefits if they stop looking for a job, then companies shouldn't get subsidies if they don't hire people they say they need
You get unemployment if you are fired due to layoffs until you find another job. If you quit or terminated for a violation that is different
They should also be investigated by the SEC for defrauding investors
@@darienford860 The conditions to get unemployment varies by state, but federal unemployment lasts only a maximum of two years.
@@WAGMILLCThey're too busy NOT investigating the rampant fraud and corruption on Wall Street (most of it surrounding GameStop stock manipulation)..
I know the one time I had to use unemployment I don't remember ever needing to prove I was looking for work.
Asking for a living wage isn't being "spoiled". It's called needing enough money to live off of.
It's all part of the game. The WEF has said that by 2030, "You'll own nothing and be happy!" All these companies are bought & paid for by the WEF and the globalists. The DEI agenda, and "sustainability." It will get a lot worse over the next few years.
decent wage*. companies pay you for your value. not because how many bills you bring to the table and Chose to run up
Go back to your basement, nick. The adults are talking.
@lolwtnick4362 Yeah, you're right. Silly me for wanting frivolous things like "a roof over my head" and "food".
@@lolwtnick4362Your "value" is how little a company can get away with paying you while squeezing as much labor as they can out of you. This sort of contrived value should not determine whether or not a person can feed their family.
Dude, I’m so desperate I WOULD take those low paying jobs. I’ve applied to quite literally 300+ jobs, online and in my area, and I’ve received FIVE interviews. I’m a disabled woman in my mid twenties still living with my mom. I want to WORK and LIVE A LIFE OF MY OWN! This video literally has me in tears because I’m so desperate. We literally can go two or three days at a time without eating because we literally can’t afford ANYTHING!
I’ve literally had to pawn a very sentimental piece of jewelry to me that held significance by reminding me of my recently deceased father - it was a heart pendant made with diamonds and gold we had found together. Had to pawn it for less than it was worth, just so we could eat and get life saving medicine. Wasn’t the first, nor will it likely be the last sentimental material good I will have to part ways with to pawn, not that I really have much else.
I’m so crushed, man. I just want to work so I can take care of my family, is that really too much to ask for?
Felt sad hearing ur story. But living with your mom isnt bad thing. You are family and family lives together. Dont worry you will get the job. I too tried years to get a good job. Had depression and panic attacks. Got the job but not the high paying one. Hopes things improve.
Hi, I hear you, and I'm sorry you're going through such a rough time. Something that could help make money would be staring a YT channel, you could talk about looking for a job, or even being young & living with a disability. I'd also recommend considering learning to program. I did what's a software development bootcamp to learn how to program, and was able to get job opportunities because of that (and because of God!). I'm gonna be praying for you, and I hope the best for you. If you're interested in the bootcamp I did, it's called Ada Developers Academy.
I totally feel you. Half of us just want an opportunity where we can grow and make decent money. After over a year of job searching, I absolutely have lost hope. I even thought of a career change since I won’t get hired, but even that costs a pretty penny.
same here! I am a 14 veteran and we are also in the same boat! veterans are also getting screwed!
Work Lyft or Uber, donate plasma, work temp labor, something. Recreate resumes that allow for small paying jobs. Don’t just focus on corporate.
Can’t even get hired at a Walmart, or Lowe’s here. Lowe’s sends me a “sorry we’re looking at other candidates” email at midnight…
same
Yes I got emailed twice to set up an interview and heard nothing back
@@remainedanonymous8251 I actually set up an interview using their “AI assistant” or whatever and went to the interview. They said they would give my availability to the manager, and within two days I got the email.
fucking mcdonald's wouldnt take me man
it's over
@@ghostdigit1555 fr, it's even worse when you have family members who would blame you for not having a job
Companies "can't " pay more? Nah, bruh, thats just plain wrong. If they didn't pay executives 300 to 400 times the average salary, they could pay more
They just leaked that turnover is costing Amazon billions of dollars. But do they spend a little of that money improving working conditions, increasing pay, and thus reducing turnover? Of course not. If you find a good employee, hold on to them with both hands.
That is also exactly why some people aim for the management positions. Everyone else gets stuck at the ceiling just below management. Once in management, they do job hopping to get to the top. Also being a matter of knowing the right people. Another initial reason for wanting to straight into management is the salary and position of power. That they know nothing of the industry is secondary.
It is called a Market failure. It is time for government to step in and tax the rich to pay for jobs programs.
@@Novusoddumb.
Yeah but that's not what a McKinsey consultant told them to do...
I applied to Home Depot. They wouldn’t even guarantee 20 hours a week, wanted to pay $10/ hr, and wanted my availability to be wide open. Of course they are desperate for workers!
I applied to Target for seasonal work. They were paying $15/hr but said it would be no more than 20 hours per week and wanted my availability wide open. No one could live on that without a second job!
@@johnnysilverhand1733 sounds like the employers are the ones whining, bootlicker.
Wanted a part time job at the airport, but asked me to be available full time for training. What aspect of part time did they not understand?
@@johnnysilverhand1733 Just because they applied doesn’t mean they took the job, bonehead.
@@johnnysilverhand1733 are you high on crystal meth???🤨 This ghost job fraud is happening in every state!
What an insanely obtuse comment you posted!😖
I make double minimum wage, I can't afford my own car, and I can't afford an apartment without a roommate, I've looked for other jobs, but most of the opportunities either require decades of experience and a laundry list of qualifications, or they don't pay even $15 an hour, the job market can kiss my ass, why are people stealing from stores, why are things going to shit, because we literally live in a world where you can't make it being a normal person working a normal job with normal living expectations.
USUALLY and MINIMUM
Consider a freight railroad job with one of the class 1s such as the Union Pacific, CSX or Norfolk Southern. You start out at around $35.00 per hour with overtime after 8 hours, get good benefits, a great pension after 30 years' service with full retirement at age 60 is so desired. But be aware that you're going to have to be available 24/7 and work in all weather extremes. Good luck!
Do you buy a 3.00 dollar latte every morning?
@@ruleten9575 if good latte's were $3 I would buy no daily coffee for me that isn't brewed by my home coffee maker.
My dad doesn't believe this is an actual thing. 1 year, 700 applications later, only 8 interviews, 4 of which were middleman hiring companies and not the actual employer. and the only job I could find was my old job at Walmart, and then another 3 months later, Lowe's. neither of which are wages I can/could survive off of. I'm a 6yr Navy Vet who operated nuclear powerplants, managed personnel and have a bachelors degree in Graphic design. Not only can I not find work in areas I want or am actually qualified for, I struggle to find jobs in basic stuff that is, at best, going to put food on my plate. forget having a place to live or any sort of comfort.
Your dad is listening to the media propaganda, or stuck in the old times
Sounds like my dad he had a job for 20 years became a masters and contractor had big dreams for his son but with a bachelors and even with experience still cant find anything other than the horrible jobs that wont even cover the basic necessities
I've done an interview with Apple in Ireland. During the interview I asked specific questions ('who will be my manager...' etc) and they could not answer. Couple weeks later I spoke to a friend who worked at Apple and he said that Apple is not hiring anyone due to a hiring freeze. Apple called that day to tell me 'Oh this was the best interview we ever got! But... call us back in 6 months the position is not open.' I asked them to remove me out of their HR database and go scr*w themselves for wasting my time. Thats what we are up against these days.
Thanks for sharing and I'm sorry you had to waste your time and go through that, that's ridiculous 🤦🏾
Yes have heard about the freeze too. It's been several months of hiring freeze everywhere.
Downsized tremendously. I think big companies are moving towards hiring contractors at lower pay rates or better yet outsourcing contractors at even lower rates way below average market pay rates. Very upsetting to see people with over 10 years of experience get paid entry level pay by these big companies because they can.
Good! I'm sick of this perverse ethos that basically has people become contortionists just to get a fucking job. It's ridiculous.
Same shit happened to me with a US based software company. I applied for 2 jobs via an internal referral (THAT WERE POSTED) and then my referrer found out there was a hiring freeze. Those jobs are still up
Why didn't your friend tell you this before you wasted your time?
"Ghost jobs" should be considered fraud. If they are not hiring, it's not a real job posting and should not be allowed. The fact that LinkedIn doesn't punish or call out companies that do this is the problem.
follow the money
Ghost jobs won't be illegal. why? if it comes out there are 6 million people unemployed and only 3 million people jobs open. people will be in an uproar
Why would they throw away money like that? Only thing these jobs boards seem to half-heartedly care about is scam jobs.
And how would anyone check that? All a company needs to justify a job posting is a business plan which states they want to grow should the opportunity present itself. And big companies with a lot of turnover can easily "prove" that any job posting you may find is for an opening they actually have. It's bad for employees, but this is just what reality looks like now.
I have gotten a "job" tossed off indeed multiple times. It's a scam employer who "hires" people then does not pay them so they "quit". If you write them and make a legit argument with proof you can get "jobs" tossed. But it pretty much has to be somebody that has proof that it is not a real job..those people don't usually care or are afraid to say something.
This is pretty much spot on. I applied for a decent paying tech/software sales job (90K:-130K) and managed to score an interview as the result of a high level connection I have within that company. The internal recruiter took her time responding to my email, and when we finally set up the call the first thing she mentioned was that they're always looking for high level business development reps. In other words, the job is always posted. She went through the motions and was actually very engaging, but I knew it was a dead-end attempt on my part. There was no imminent need for filling the role I applied for. I received an email three weeks later that the company has decided to blah..blah..blah.
For the past 14 years, Ive worked as a lobby assistant in a restaurant. Last year, I asked for a raise and got it to $12 an hour. A few months ago, an employee from the city noticed me working, and told me I was working so hard for so little.
Thats where my problems are. I dont have a drivers license, and all I have to my name is a high school diploma from 2008. Even if I could apply for a job in the city, I don't think I would meet the qualifications.
Most of the job postings require a bachelors degree for 6 months, as well as a drivers license.
Im disabled, and dont know how to drive. So, how can those who dont have a license get a job in the first place?
I admit, Im scared. I dont know how Im going to make it in the future when I get older.
I have an MBA degree and sometimes I actually leave it off my resume because there is a massive push back against people who have degrees now. Plus the companies often believe I will demand too much and they don't consider me. They don't want to pay an MBA wage. It's very difficult to find work at that level. Multiple stages of interviews and they want a laundry list of qualifications where they can place you in many different roles. For instance, they may want you to be plugged into a finance role, but if the IT guy can't come to work, they want you to also be able to write code, etc. It's silly. I've come across several job ads like that.
You got lots of experience. Don't make yourself so small. You are the teacher
get a state issued id rather than a drivers license and inform them of your disability.
A big problem is employers want to pay people $10 an hour but they want them to have a master's degree in brain surgery to get that $10 an hour lol
It's the "fiver" or "Upwork" effect. A race to the bottom in what people are willing to work for
@@hubertcumberdale2651 if you would have said that to me 2 years ago, I would have been skeptical, but now I realize, that's absolute truth, we are all racing for the bottom. Just look at the rise of the dollar store, and the rise of food deserts, and trying to buy everything ridiculously cheap so most of it comes from China.
With 15 years of experience, starting with a 1 year internship, and the job is also part-time temporary.
You actually need a Doctorate degree (M.D.) to do Brain Surgery! LOL.
A group of human slaves want more human slaves?
"People are unwilling to accept lousy salaries after being spoiled for the last three years. And companies are not willing to pay as much as they were because... they can't."
I'm sorry what planet are you on? Cause over here on earth workers have been fighting tooth and nail for even tiny pay rises, and companies have been making record profits SINCE covid.
Spoiled??? During lockdown my workload doubled and my salary got slashed in half!! 😡
I worked for a place for 2 years got a 25 cent raise, then they docked it down again. So I just left.
"Can't" afford to pay properly, but "can" post record profits
i think how money works has drunk the corporate coolaid...
People dying=companies saying spoiled
I've been through this about 4 times now, it is very symptomatic of the early phase of a RECESSION.
Companies want to look prosperous even though they have NO intentions if hiring anyone.
One thing that I've been noticing lately in a lot of job requirements is the ability to lift 150 lbs by yourself. That's pretty much the average weight of the usual applicants!
This is a worldwide problem. Companies do not have a shortage of workers per se; companies have a shortage of highly qualified AND low-paid workers - that's why they telling you "nobody wants to work anymore".
Theres no shortage of highly skilled workers, they just dont want to work for $10 an/hour.
This is also how they are justifying the reinstitution of child labor in America. “No one wants to work” is how they justify putting migrants dreamers, the ones they can’t deport, to work in factories
Wage Slave is All they want
is exactly what the guy said
I'd take a more skilled job if I can take an apprenticeship for something like an electrian for example. But no company wants to train people either despite the shortage of skilled workers.
When companies became less loyal to employees, employees became less loyal. Circle of life.
Yep. Some expect loyalty, yet won't reciprocate it. Loyalty goes both ways, as you stated. To be honest though, it is truly difficult to find true loyalty these day. I am loyal, but I don't get the same reciprocation, so I severe the relationship form new ones and they always come running back when they realize that I was the only loyal one standing behind them. 🤷
When employees became less loyal to employers, employers became less loyal to employees. Circle of life
unfortunately some will enforce a one sided loyalty with anti competition contracts
@@yummyherbicide7296 Well loyalty goes both ways. If only one side offers loyalty, than the other doesnt deserve it. All relationships should be give and take. If one side gives and one side takes, there is no balance. Most do not understand give and take relationships. There is one life lesson that I have learned and that is to make oneself useful to others or you will be nothing in this society. The unfortunate truth is that if you aren't useful to others, you won't mean much. If I bring a lot to the table and the other person brings nothing to the table, but bread crumbs, the relationship really isn't worth it now is it? Individuals don't realize my worth until losing me and mostly always come back. Do they come back for you? If not, one should try and oneself useful or you will just be nothing, but a throw away. 🤷
@@unclestinky6388 while you’re up there, check your boss’s prostate for polyps
In the UK I got fired from a warehouse job when I got told they dont have anymore work even tho I was hired immediately because they said they were understaffed 2 weeks later they hired me again but I left after another 2 weeks cuz warehouse jobs suck. I hate people that make excuses for companies as if it isn't the companies fault they dont have employees just pay your workers fairly treat them well and dont be too stuck up to train people companies are too cheap to provide any value to their employees yet want perfect applicants. I literally applied for administration jobs and multiple only got back to me 3 months later saying I wasn't accepted which means for 3 months they didn't even look at my CV they just kept me there to check later when a position actually opened.
If everyone says I need to have experience and no one wants to provide me with a job to give me experience how in gods name am I supposed to get experience? and if everyone wants me to be trained yet no one wants to train me how am I supposed to have training? Companies add ridicolous requirements that aren't needed so that they can underpay you for bullshit reasons. They aren't desperate for workers they are desperate for slaves. Also the idea that companies can't afford to hire people when all their share values have tripled is idiotic.
I was at a job fair last year and the kid that was interviewed beside me had 7 jobs in 2023, I heard the guy ask him why he didn’t include an education section on his resume which he replied he didn’t go to college, the interviewer told him he needs to put his HS information at least but anyways they had a job offer for him. Me on the other hand had the same job for 19 years and I went to school and they turned me away. It was a real eye opener. Im still looking over 4,000 applications later.
Was he handsome ???
His resume clearly showed that he was very easily exploited and manipulated.
People are "spoiled" because they got/demanded to be treated like actual human beings with rights for once during the chaos of WFH and the pandemic?
*"Spoiled"*?
I have no words.
I sincerely hope most people dont actually think like that.
Most don’t, but the small whiners will always be most vocal.
People passed away because of working during Covid.
Now we’re just drones that need to get back to work
Well I wouldn't call the ones who think like that "people"
I’m glad I’m not the only one who thought that
Yeah. And companies that are posting record breaking profits after soaking consumers since 2020 'can't' hire more workers? Nah nah nah. Workers are realizing their value for the first time in decades, and they are trying to nip that in the bud.
Exactly, for the first time in years if not decades tons of people were paid what they were worth and understandably they don't want to go back to working for chump change
The premise of the video title is wrong: companies are not desperate for workers, they are desperate for CHEAP workers. They want to continue their exploitation of the labour market and are abjectly refusing to do the simple thing and pay people for what they're worth.
Don't you think the market does a pretty good job of determining what people are worth? Also, why are you blaming companies? The liquidity injections by the federal reserve - and the insane stimulus packages from the federal government - spurred inflation and created a labor bubble that companies are currently hurting from.
I'm not saying they're innocents, but they're also just responding to market conditions created by the regime.
Also, US dollar hegemony is arguably coming to a slow end here if you look at the situation with the SAUDIs and the BRICs progress - which will further reduce US standard of living.
You can't just boil down these complex situations into "companies exploit, ye muh marxist philosophy"
@@michaelheyn2484 You got a very non-subtle way of not being able to entertain multiple truths at the same time; I can point out capitalist exploitation without simultaneously advocating for Communist ideals.
"The market" Is composed of private companies, which first and foremost exist to make profit for their owners, executives and when it comes to publicly traded companies, shareholders. Evidently, the value of labour is as low as it takes to retain that labour. Workers' perspectives on their wages, their happiness, their quality of life and what they can buy with their wages are all multiple levels of priority lower for the business than their bottom line.
So in the end, the market has been doing a fantastic job of making money for those at the top. That is what it was fundamentally designed to do in a system that chooses to forego some key reasonable regulation (eg. far lower capital gains and corporate taxes than individual income tax) and worker protections.
@@michaelheyn2484 _"Don't you think the market does a pretty good job of determining what people are worth?"_
*No.* For many reasons, not the least of which is that companies play "hide the ball" with information and actively discourage workers from revealing information like wages & salaries. In addition to the general cultural tradition of frowning upon discussion of such topics.
Business have much greater access to compensation info than private individuals do. They won't even reveal what an advertised job pays!
@@michaelheyn2484as a staunch capitalist the market is generally great for many things, and I’m not advocating for any government reach when I say these business owners will spare any extra expense they can and american business owners/managers/HR are clueless and entitled af. You don’t need to be a marxist to understand that business owners will pay you as little as they possibly can in america.
Of course. That's why they manipulate the market. The wealthy after all effectively control everything, including the government.
the term "spoiled" is interesting considering in order to survive your going to need more than $10/hr in this day and age.
I’m 21 and I’ve been trying to find a job for almost a full year. Honestly feels like a waste of time at this point! I’ve started my own small business in the mean time for money, getting certifications as well. Yet everyone older than me said “you can switch your job easy!” “You’re young so you’ll get hired fast.” That was not the cast….at all! This has been the most annoying and difficult year of my life…
I'm 21, too, but I'm currently doing an internship while studying to get my degree (finals years of college). Even tho is just an internship, Jesus, the amount of stress I'm going through because I'm sacrificing everything to do a good job, TO KEEP MY ONLY JOB, I'm going crazy. Seriously, this should be just an internship. They are stressing me out like if this was a real job! Fml, I'm even doing extra time without the extra paycheck because it is just an internship... being jobless suck but being employed also sucks, I just and to die
It’s absolutely ridiculous at this point!!!!!
Same thing for me. Been applying for a year.
Let me guess, $50,000 a year in an area where a starter home costs $500,000, requires master's degree and 10 years of experience.
$50,000 can barely afford apartments in certain metro areas.
You need at least $65-75k
I'm telling you we're headed to 100k a yr being the minimum income in this country. Shit is becoming too expensive and the dollar is worth less and less. It's absurd how the more you make the less it's worth. Even saving money is stupid you NEED to gamble (I mean invest) just to make it worth.
@@BeyondAIR15that's how it already is here in the Bay Area. My girlfriend and I both make around 100k and it's really the bare minimum for somewhat comfortable living here. And fuck if we'll ever be able to buy a god damn house here. Houses keep going on sale in our neighborhood for a minimum of $1.2 million, and those are tiny, old, broken down houses. This just happens to be where all the cool jobs are too
I just saw a Security Engineer level 3 position offering $20/hr. I'm going to apply and curse them out if they call.
I wouldn't call the higher pay "getting spoiled" so much as "finally somewhat livable."
there’re so many slick little jabs in this video 😂
CEOs, Executives, and upper management is "spoiled".
Record profits while our pay increases don't even keep up with inflation and we're the spoiled ones. I am frothing at the mouth.
@@varnull6120 The bosses make in an hour what their workers make in a year. They get 300 times more than than their workers do. Back in ‘65 it was only 20 times more. Under Japanese labor law the bosses cannot earn more than 20 times more than their workers, so I’ve heard.
Exactly. Meanwhile the only people who can afford rent are two income families.
"Great for companies that want loyal workers."
Loyalty is based on trust. Companies want employees who are afraid to leave, not loyal enough to stay. They want hostages. And people think it's the workers who are spoiled?
People want jobs they just don't want:
To have to kiss ass all day with plastic co-workers, and be expected to joint their cliques or get gossiped out of your job
To get paid so little they cant do anything but live in their car.
To be promised a vacation that they're never allowed to take
To be paid late for any of 10,000 excuses
To be expected to work 7 days or be considered a loser that doesn't care about 'the team', people need time off, period.
To be called in while spending time with family on a scheduled day off
To work for 8 hours with no breaks or food. Yes, that's real.
To be cheated into doing someone else's job, just because they're new and technically can't say anything ...yet.
To wait 15 days for a paycheck
To be told how replaceable they are every 5 minutes
To have an economic gun to their head saying "DO IT, OR STARVE AND FREEZE TO DEATH"
You can say this is just how the world is, but that won't make any of this more right..or sustainable. So, if it's not sustainable enough to make a meaningful difference in your life, then (and I know employers won't understand this) WHY TAKE THE JOB IN THE FIRST PLACE.
Just because I'll starve to death if I don't? That's all the motivation you have?..nah I'd rather starve quick than have my soul starve slowly over 40 years of working for you. Thanks.
Well that was depressing. As per usual, companies created a problem and are now complaining to anyone who will listen about how it's the employee's fault.
The motives go much higher in the Nation. The question must be asked, are these issues organic or are they intentional? Why are the big banksters trying so hard to keep the impression of a "good economy" going while everything is teetering on the brink of collapse?
@@exothermal.sprocket it's intentional they wanna crush economies deliberately and introduce cashless society
They are outsourcing these remote jobs to cheaper labor markets now? Why they wouldn't?
America is so deep into individualism and capitalism that if you told everyone “hey let’s all band together in collective bargaining so we can better everyone’s employment situation!” You’d have many get angry at you for suggesting that.
We could legit all come together and demand changes for the better, which could help everyone, and you’d have many folks go like “my company is screwing me over but im actually more angry at YOU for telling me what to do!!”
@@steverogers7601 America is so deep into ignorance about what's being done to it, not by its neighbors but by hostile infiltrators working with foreign powers and all the domino effects this has caused. American also is very ignorant about where money comes from and who controls it.
A lot of companies also run intentionally understaffed to save money.
The "nobody wants to work anymore" excuse is just a manipulative way to shift all the blame on to the same people who have been applying for hundreds of jobs.
Gaslighting on a national level
@johnpark7972 exactly. I have friends who have been applying daily with no responses, yet somehow, simultaneously, the managers of these places also claiming nobody wants to work.
@@raxcentalruthenta1456 no one with actually applicable skills apply. You would be shocked to read the hundreds of pages of lies (yes, actually false claims) that I read to fill even one position. I don't work at some sweatshop, or Amazon. The biggest risk to my team is a papercut (and we use nearly no paper), or running out of coffee. Did I mention we are 100% remote work? So yeah, I am not buying the whole "there are plenty of people with skills, willing to work" argument. Hell, we don't even drug test...
@@raxcentalruthenta1456 I experienced the same thing when I was unemployed. Applied everywhere for so called entry level jobs at places "desperate" for employees. Never heard a word. And when I did get an interview? The person I was scheduled to interview with didn't even show up for the interview THEY scheduled. What a joke! Same places are still "hiring" over a year later
"nobody wants to work anymore" is code for "I want to pay a worker squat to work 50-60 hours per week".
So me wanting to end the 2 years of homelessness and hunger while dealing with increasing costs of food, shelter, gas, tuition, etc is being considered “spoiled”?
Meanwhile democrats are giving illegals free everything! Free housing, healthcare, money, dry cleaning, clothes, furniture, transportation, day care, etc..
When I've been working I've been horrified at the numbers of people who have 40 grand of university debt doing "IT labouring" on minimum wage, with no hope at all of being able to pay for the degree that the recruiter has insisted they have. To do the equivalent of making sure there are enough pencils in the stock room. I'm a software developer, and agencies have sent me to jobs that are *literally* moving furniture. "But you're putting computers on the desks, that's IT". THAT IS NOT IT, THAT'S FURNITURE REMOVAL! And it certainly isn't software development. "Oh, but it's computers, you say you want a job in computers, why are you complaining?"
The idea that companies "can't afford" to pay employees is ridiculous if you look at the ever growing rate of upper management salaries and CEO bonuses compared with real wage growth and the amount of work being shoved on a shrinking pool of stressed out workers.
You are so smart. I once calculated that Walmart could give each employee $4 if the CEO forfeited his entire cash salary
@@unclestinky6388 1. The CEO isn't the only one who is overpayed. There is a whole host of overpayed management positions in most companies.
2. Going from $15/h to $19/h is actually a very big improvement for most people in that income bracket.
My company is so top heavy but myself and the other driver do the work of 3 people.
Our company laid several people off before labor day or demoted to part time. Meanwhile the CEO got a huge bonus for doing that. We also had a mandatory meeting last week and man.. there were several angry techs that asked about going back to full time and the CEO just dodged the question. It was due to "low call volume". They also outsourced our internal call center to over seas and now implementing AI. That is what we techs get for busting our ass off. But that goes for lots of other workers.
@@unclestinky6388$4 an hour or $4?
"People refuse to take low wages because they were spoiled" 😂 no no companies are low balling. I've stopped being nice to hiring managers who waste my time. I've told several that I didn't go to college for $12/hr. But in a way less nice way. Bachelor's in finance. Master's in management. 15 years military experience. I'm not going into an entry level job. I make enough with my retirement pay. I'd rather sit home than accept a disrespectful paycheck.
I thought finance paid well😮😮😮😮 and here I am thinking about going back to school for accounting...
@@candyluna2929 get your CPA if you're going for accounting. Finance will get you bank jobs and crappy job offers. It's good if your going to work for yourself. Otherwise go get that CPA.. and still work for yourself. These employers are very disrespectful with their salaries. I'm 100% VA rated so I get the luxury of screwing off all day and just getting paid to exist at this point
@@candyluna2929literally same here I was thinking about going back to school to study business economics and branch out into finance
Same I'm glad I retired cause even though they raised minimum wage to 15.67 still not worth dealing with doing multiple jobs like the military had me doing
15 years? I hope you either got an early retirement or a rich spouse, cause 5 more years after 15 should've been cake dude
I know of companies (not mentioned here) that are advertizing hundreds of job openings, yet have hiring freezes in place--and when people leave--they are not being replaced. When I was looking a few years ago, I also had MLM insurance co.s, car industry, and "social media marketing" jobs call me for interviews. None of these were full-time hourly, or even salaried positions--commission based only--which is not really a "job."
I'm 33, and have been looking for a job for about 3 years, doing small projects and living with my parents to keep from being homeless. I am sick of them saying "Everyone is hiring, when over half the ads are made by ai, overbooked positions, or things I'm not qualified to apply for. There are no jobs, especially in the rural area I live in.
My last intwerview, they canceled all interviews that day, and the store looked pretty well staffed already. This helps understand why.
Also, the implication that “nonskilled” workers who aren’t degreed or at a desk job dont deserve to be able to pay rent without emptying their bank accounts is a mind blowing conceit. Without the “nonskilled” laborers, none of you tech/finance/hr/corpo/ivory tower people could enjoy the many conveniences available to you afforded by your class and pay.
I also hate the term "no skilled" or "unskilled". Most people can't or even wouldn't do these types of jobs.
@@murfnturf23I would say a LOT of jobs ARE unskilled. I'm fairly well educated and had most of my career in admin or office work. I wouldn't even say that work was particularly skilled. Later I had to take work and ended up working in a call centre...soul destroying u nskilled work...a shop unskilled but kind of interesting weirdly ...and a supermarket as a café cook, unskilled brain-dead HARD work.
I would say that pretty much ANY job that you do not need specific high level training is unskilled...BUT there's nothing wrong in it. If you like doing it then good for you! In the call centre work there were people that loved it but I found it hard going
Exactly. "Digital nomadism" is built on the backs of low wage coffee shop workers and floor moppers of their precious "co-working" spaces
@@skyblazeeternoas a chef I’m really curious how cooking is unskilled.
@@hubertcumberdale2651not always true I am a digital immigrant front rh US to Mexico and my husband and I had to move because ethe cost of living there would of have made us homeless
Not counting unemployed people as unemployed is a go-to move when a politician wants to "solve" unemployment.
Yep they do this because if they actually solved the problem, they'd piss off the groups that helped them get into power. They have no intention to help the American people whatsoever, just act like they're helping us when they're really helping the corporations. This is such a broken system that wants to stay broken as long as possible to benefit the few over the many.
Where is the media on this? Oh yeah...also in cahoots with government and corporations to hide the fact that they are screwing us over.
True. You only have to work one hour per week to be considered "employed" for unemployment statistics purposes. 🙄
it's happening in China
It's worse than that. They count people who are not working but are looking for work as "employed". The inhumane insanity of those people never fails to amaze me.@@Milesco
@@jayno3029 Actually, to be honest, I don't think that's correct. If you're not working, but actively looking for work, that is counted as being unemployed. In fact, in order to be counted as unemployed, you *_have_* to be looking for work. If not, you are not considered to be part of the "labor force", and therefore not unemployed.
The bit about people working for two years then quitting to find better paying work is literally what I’m going through right now.
I got a degree from college that taught me literally nothing relevant to field of work I’m in. Learned so much within five months at work compared to five years at school. Now that I have two years of experience under my belt, I can confidently go to another office that would pay me more while working less. It’s a blessing because I can finally leave a town I’ve been trapped in for so long.
If your boss has the boomer mentality of expecting loyalty until you die with a shitty wage in this economy, remember you don’t owe them anything and should look out for #1.
I was told " you are over educated and not experienced ,we value experience over education.". So I told the hiring team " no wonder, I had this feeling when I first started to talk with you . I was asked to leave immediately 😅.
My personal favorite was a finnish company looking for under 22 year old worker with 10 years of experience in the field. Looking for those elementary school child prodigies for the advanced engineering position.
🤣🤣🤣Thats hilarious
Ah yes, child labor
Maybe the ad was AI generated? That would explain it!
So they can do more and get charged for less since they're out of college?
They should try their luck in Arkansas since that state passed a law making it easier to employ children 🤣
Reason #0 why companies post ghost jobs: it's legal. Let's fix that.
How? We already forbid hiring foreigners to fill positions unless no one local is qualified, and all that does is incentivize them to make ridiculous demands so that they can hire a liar from overseas.
Exactly, logancade.
Legality?
LoL these job boards could be raking BANK on these ghost posts.
Charge them on longevity of posts, past 2 weeks, increase the cost by double per week
Even if you made it illegal, the burden of proof is still on the prosecution to prove the position was a ghost job, and they’d need reasonable suspicion that the job was fake to get a warrant. There’s a 0% chance that someone is going to sell a judge on the idea that a business is actually posting fake jobs unless they’ve already received a tip-off that it’s occurring from a whistleblower, which means very, VERY few companies would ever get prosecuted.
@@cpK054L Nah, "the free market will save us" is a joke. Upping the rates on job listings for companies that have BILLIONS of dollars is a losing strategy no matter how you slice it. You could hike the cost of keeping the listing up by 3000% after 2 weeks and it'd still be a drop in the bucket to these guys.
The advantage of having a job over risking having your own business was the stability.
We never know when the next massive lay-off is happening. Salaries are decreasing instead of raising, and that if you can keep/find a job in the first place.
Companies are forcing us to open our own business for the lack of a viable alternative...
I interviewed at Amazon. They told me that they liked everything about me. But it was a No. It got weird at the end. I was told “Feel free to apply for another job in a year.” What? They liked me. They allegedly have thousands of other jobs open. Maybe float my resume to the other hiring managers? Nope. Don’t come back for one year. It made no sense. Needless to say I’ve ignored every one of their recruiters spamming me since then.
if you come next year, it will prove that you are desperate and can be paid less
"Spoiled"??? Given the price of housing, not accepting wages that require you to live in your car is not a sign of being spoiled. Landlords want to charge luxury level rent for rat holes. Employers want taxpayers and foodbanks to make up for their low wages. And local governments want homeless people to give up their jobs and get out of town. And they all expect people to magically show up to work, rent, buy stuff, and pay taxes. It's like a tragedy of the commons, except with people instead of grazing land.
you hit the nail on the fkin head!
You have a car?!? Considering the ever increasing costs of financing a car, you're "rich" these days if you have one.
ya not gonna lie i stopped listening when he said that. If they dont even know what decent pay is and why we need it it honestly make me second guess everything they are saying
@@outtheredudeyou can get by with a cheap sh*t box though, it's the petrol that's the issue. I had to buy a new car during the pandemic unfortunately (engine packed it in on my previous car). I hate to pay another $5k on top of the emergency funds I saved up, completely wiped out after that.
@@outtheredudenot if you live in a suburb and had to take out a loan for the cars.
One thing stands out as incorrect from this video. Companies absolutely CAN pay more. They choose not to, instead using that cash to enrich those in power.
The bonus structures for csuite level is astronomical compared to where it was even 30 to 40 years ago .
Read an article talking about how hospitals in the US pay 11 million dollar bonuses per year to certain high level Admins for meeting financial goals- usually keeping expenses down, which they generally do by cutting personnel. Got in an argument with someone else about healthcare in the US, and got asked 'So where is the money supposed to come from?' My immediate answer was that cutting those bonus would be a good start. Imagine how many RNs could be pulled on if 11 million more was given to staffing.
@@aceofspades9503 healthcare-related expenses comprise something like 33% of the US's GDP and close to half the federal budget. This is not because American insulin is chemically different from Indian insulin, but because their rackets serve the narratives and agendas of those who hold the reins of power.
True... managers just make bank and the low tier suffer and get hours cut
Yes, there is never a "hiring freeze" on the executive floor at the company headquarters (smile...smile).
THEY. DONT. PAY. ENOUGH. The MINIMUM WAGE needs to be the minimum required to live a BASIC life. Maybe you won’t have all the things you ever wanted, but you should be able to rent a SINGLE BEDROOM apt. And enough money to eat and pay necessity bills like electricity, insurance, etc. minimum wage is BARELY enough to even make RENT and that’s if you’re lucky with where you live half the time. If working 40 hours a week can’t even prevent me from being homeless, I might as well be homeless and NOT stressed to the breaking point at a job that doesn’t need nor care about me
Talking about turnover is a highly valid point. Between layoffs and firings for minor infractions, employees are being told "we don't value you." Managers have forgotten that managing means developing staff. Employees that are valued stick around. Employees that are disposable are at the mercy of short-sighted management, who forget the costs of hiring and training.
Since Amazon was pointed out, they have a policy to remove the bottom 13% of people, regardless of whether they met the standard or not. This is "Celebrity Deathmatch" employment edition. You're spending your time trying to out-compete your co-workers and not sit there and think about the fact that you're fighting for scraps with Bezos is shopping for another half a billion dollar yacht.
"Companies cant pay well" Yeah right, thats why they keep bragging about record profits...
"Can't, or won't?" "Either!"
@@wiimoodenPeople and companies need to stay out of the red.
@@wiimooden so they will cut your wage when the company is in the low but not rise up when they at the high. Why not just ad a company performance bonus?
Infinite growth has come at somebody's expense and the one percent sure as hell ain't gonna pony up
@@MyAmpWampGreed or they need reserves to survive.
Imagine being such a mess of a government, that you need a technical definition of unemployment to skew unemployment rates so you don't look worse than you already are.
YES THIS
Sounds like a lot of modern governments really. I do wonder though, which ones do it the most?
Isn't this every government?
thats not being a mess, thats just typical lying with statistics .. and that one is international
Unemployment rates are categorized that way because they always have been categorized that way. They are being consistent. It's the labor market that changed so that the indicator doesn't work the way it should. Don't confuse malice with inertia.
4:09 By the way, if you are homeless or don't have a permanent place of residence, you also cannot be counted for unemployment statistics. Its actually way higher than we are being told it is. I had an economics professor say to add 6% to whatever the total is. So 1% unemployment is actually 7%. I suspect the actual deviation is closer to 10% today. If we're being told 5% unemployment, its actually a lot closer to 15% of all the people who have or want to have meaningful work.
Then if you factor in the underemployed people... hooorreeeesshiitt its gotta be like 90%
THIS! is what I need to show people whose opposition stance is to regurgitate the annoyance they see online when people argue that we are indeed in a recession. Their rebuttal is always something on the lines of "If we were in a recession unemployment stats would reflect that." Like babe.. read the Zoom breakout room.
@@memememe1613 Our stats are more commonly used to lie to the American people using technically true statistics that are misleading.
Realistically it's around 20-25% which would be getting close to Depression era stats. But the stockholders are happy...
@@user-wr3vt8uq4s No im pretty sure we don't have 20% unemployment, except maybe in specific cities in the usa
In the 70s we had good paying industrial ,union jobs but Mr. Ronald Reagan thought that we should export this work and become a "service economy", well how did that work out?
Remember trickle down theory? Just a code phrase for charge less taxes to the wealthy
And then Mr. Bill Clinton signed NAFTA that outsourced the majority of these jobs overseas and lied and told the public, don't worry other good jobs will replace those. That never happened.
The "they don't want to train" has been a thing ever since I became a working adult in 2010. My grandpa didn't know how to paint airplanes when he applied at McDonnell-Douglas (now Boeing), but he got hired and worked there until his death. My mom never went to school for accounting, yet she now works with small businesses in keeping up with their books and finances. A lot of jobs that these companies claim require a Bachelors or higher, don't actually need those requirements, the companies are just too lazy and cheap to train.
The thing that really hurt workers is the online application process. Before, you'd fill out a paper with your resume and talked to the boss or HR directly, and a lot of times you'd get a small interview right then and there. If you truly showed that you wanted the job and could market yourself, you could get it even if you weren't qualified. Now it's all done by AI.
The financial crisis of 2008 was a catalyst for change in business practice. To save money, most large companies across the developed world slashed their training and development budgets and many just stopped hiring for entry level positions, traineeships or graduate positions. The focus became on poaching experienced staff from elsewhere that required minimum training. What started as a short term cost saving measure has since become established practice in most large western companies: training budgets remain very low to non-existent, entry level positions are rare or mis-sold, and focus remains on external hires over nurturing internal talent. It's far, far cheaper to let someone else train your staff for you, than to spend money doing it yourself.
They want a Bachelor's because (1) that's an instant and legal way for them to narrow their applicant pool, (2) it shows you were able to stick with something as an adult for 4 years, and (3) it means you're in more debt and more desperate than applicants without a degree.
@@Rabiusa
I don't understand this philosophy. Statistically they cannot all have external hires.
Those same candidates must have started from somewhere, and by refusing to train new people they are jeopardizing their own future prospects.
@@googiegress7459bro needing a bachelors degree for a job so easy a monkey can do is so dumb 😂💀
@@LancesArmorStriking - It requires applicants to have quite a few certificates under there wing. A professional or white collar worker is expected to constantly add to there own training and get these certifications.
A few decades ago it was about degrees mentioned by "googegress7459", but since most every white collar worker has a degree or multiples, the certificates have become the next big thing
Companies deliberately demanding more than is required for the offered position, so they can low-ball pay to anybody applying regardless. Either they get an overqualified worker willing to take a pay cut, or they get a qualified worker who will probably give in to a bad offer because they didn't meet all the job prerequisites listed. But people know this now.. so I think a lot of folks just walk away. period.
I had a boss who bragged about lowballing people he had hired.
It’s a dangerous trend that will result in more immigrants crushing our existing American citizens. I didn’t used to be anti-immigrant before this video, but now I am anti-immigrant if it means evil companies can do this shit.
If you can't get a job just lie
My dream job, driving the RTD bus in Denver. Desperate when I got out of the army for anything, they were hiring and I had to take the aptitude test and I scored too high and they said I wouldn't like the job and no. And that was before all the benefits were no longer given to new hires, I ended up getting a low-paying job at Yellow Cab and I really enjoyed it, now RTD is desperate and I'm too old. And still I would score too high. On the flip side I went to Charter College for electronics engineering and minimum age requirement is 18 with 20 years experience using software I've never heard of, they got me a job at Radio Shack at the counter for three dollars and 65 cents an hour which wouldn't even pay the 295 a month student loan on top of the $400 a month rent for the closet I lived in. The tuition and Loan repayments of $40,000 was a total waste of my life, those private colleges are total scams.
@@LuisFlores-mc2tcI'm a pilot, I went to travel Academy
Good video, but getting paid a living wage is NOT being spoiled. It happens in Spain too. People are having to pay 700 bucks a month for a 20m2 hole in the ground to have somewhere to sleep in, the cost of groceries is ever increasing, and even if our line for poverty is higher and not as miserable as UK, we're all facing a similar problem of big corpo greed.
How the hell did companies over hire during the pandemic? Everyone I know got put on skeleton crews with 20-30% of the work force being removed and we all got fed a line about how they were looking for people, positions were open, and mysteriously nobody got hired. Oh, and they posted record profits. I'd say we have about another 2 years of businesses running on skeleton crews start to have heaps of unexpected costs due to things not being done properly. (Maybe things like airplanes failing, a lot.)
I just got an offer after 11 months of unemployment. In ALL that time, it became very obvious which companies were reposting the same job month after months and clearly never hiring anyone for it. LOTS of them. I now have a list of companies to never waste my time applying to again
please share
Could you please give us that list? I want to know so that I don't bother with them too.
They're looking to get tax write offs or h1b visas.
Please share the list Boss!
when did they want you to start...guessing new year in january?
Let me fix that title. Companies want slaves not workers.😂
Slaves are plentiful
It isn't called wage slavery for nothing!
They are outsourcing these remote jobs to cheaper labor markets now? Why they wouldn't?
facts 💯
In Canada they don't need to outsource
Companies just need to pay the correct amount.. As a company director in the past working both within and outside the sub contract fields I know how hard it is to fix the correct rate for a job around the country, but if the rate is set correctly any job can be filled quickly. The skinflint agencys and companies that want to line their own pockets while paying peanuts will mostly get monkeys... That is the way it works. The skilled staff are still out therthe better skilled the more they know their worth. Getting out of bed can be more hassle than it is worth at times just to line an agents pocket or a companies pocket. Let them have the lower standard workers, and deal with the faults incurred 😊
I've been talking about this for years now, because I'm dealing with it trying to get work.
I keep getting told I am not trying hard enough or its just a numbers game.
3 years and I'm still barely getting by wich mowing lawns.
The issue with high turnover and no training is so true. I work in software development, and we hop jobs so often. As a result, every job I apply to doesn't want to teach me anything; they want me to be proficient in every specific, niche softwares or packages they use, even if I could quickly learn it on the job. It's exhausting.
Same. And it's always a crap shoot when you get in, and to top it off (I'm an independant contractor), I finally get everything built up so that it is manageable the job ends and the cycle starts over. Exhausting for sure.
Also they will hire someone with no experience based on an internal referral so that means the experience isn’t necessary. The applicant is just jumping through hoops for nothing.
I always just treat onboarding as an extra vacation, learn nothing, then hop on and wing it. I advise you do the same.
Then you look bad when needing to rely on other co workers for help because you’re new. Often being told “just figure it out” then you look bad when you screw up or incorrectly configure something etc
@@charliedallachie3539Yup. These companies are absolute idiots. "Time is money" yet they won't put in some time to teach a good candidate how their company works, builds projects, does its job ETC. But won't have any issues when an experienced candidate wastes his time trying to learn all of it on his own and doing the work for 3x longer because nobody wants to teach him. Companies are just not thinking about anything long term
These companies are posting 'ghost jobs' so that they can continue to get forgiveness on their PPP loans as per the stipulations. PPP loan fraud is one of the biggest problems in the last several years.
It was before but not true now. PPP loans have already been forgiven completely. This is no longer a requirement. However, "always hiring" makes it looks like they are growing, which can help keep their stock prices up. All an illusion
PPP loans? Thanks for explaining what the heck that is.
@@jerirasulo9543 I'm sure you can do your own research.
@@jerirasulo9543 Paycheck Protection Loans were loans given to businesses by the government during 2020 as pandemic relief. Business owners only qualified for these loans under the condition that they didnt layoff staff. Then, the government decided to forgive these loans, so business owners no longer had to pay back what they borrowed. However, one of the conditions for forgiveness was also related to staffing, and the businesses had to be actively looking to hire new employees. But businesses saved money by operating on skeleton crews, so in order to qualify for PPP loan forgiveness, they would put out help wanted signs but never actually hire anyone. So they could tell the government,
"we're looking for employees but no one wants to work!" in order to qualify for PPP loan forgiveness without actually increasing their labor force. This is how the "nobody wants to work" myth was started.
@@jerirasulo9543 Have you been hiding under a rock for the last five years? Those were the loans given to companies to keep them afloat during the pandemic.
You were SUPPOSED to keep your staff on hand, paying them, during lockdowns with PPP loans. And it SHOULD have gone to smaller businesses as the record profits of larger companies for the last three decades one would assume at some point would have funded a "rainy day" fund. Instead, the larger companies took way too much of the pie because- as anyone knows about the truth of trickle down economics- they haven't set aside a cent for emergencies like a pandemic. It has all gone to shareholders and those at the top.
But this isn't the 'ghost jobs' reason. Those were all forgiven. Billions and billions of dollars companies got for free, just like the constant funneling of money into banks that is actually still going on since 2008.
I haven't even had a confirmation of receiving the application in 75% of the cases.
because companies want a person to do 3-4 jobs as part of a job and be paid peanuts. They also want the person to be over qualified for all 4.
It's like everything is against you. You have to go to college FOREVER to graduate and still be a nobody. It's a super flawed world.
r/dodgedthatbullet ... I always knew it was a scam. Always. The minute those college turds started harassing me, telling me they "Will help me choose a career," I knew flat out what they were after.
lol not really
@@TheWalamala No, kind of really. It's not really a funny topic, and it seems a little inappropriate and disrespectful to be laughing about it.
So glad I dropped out before going into debt
Every day I am so glad I dropped out before I went into debt
Asking to have the lifestyle and income you had 5 years ago isn't spoiled. It's called common sense. If your company doubled it's value in the 'hard' times, there's no reason to expect your standard of living to slide back.
Right it's a big joke at this point
Ironically enough, (at least in America) the economy is doing pretty well but it feels like the economy is going to ruin to the average person because workers are underpaid while groceries and rent keep getting more and more expensive.
@@genericcatgirlyes and no. Only around 50% of America is over that threshold, including all ages. When you think about it, that's incredibly bad. This country is reaching a boiling point and fast.
@@genericcatgirlIt's gotten to the point where buying a house far from town and accepting a longer commute is a cheaper option than renting. My rent went up by $200/mo this last year for nothing. "Adjusting to market rates", bullshit.
@@genericcatgirlthat's exactly right. They're looking to fragment and destroy full time work so we are all gig worker cogs living precarious lives. I can't take this shit anymore.
my experience after filling out a few thousand applications this year and hearing nothing.. is that companies want one person to fill the roll of like around 20 people. and because nobody can do that, nobody is being called back for hire
Guys BE CAREFUL choosing technical colleges: some cost over $20k for only a few months of training. Thats a RIPOFF, and youll receive poor training. Look for public technical colleges which train you for at least a year or more, and cost roughly $5-10k
I despise work culture now. Since the pandemic, my company doubled our workload. A lot resigned, but my company still meets what they were accomplishing pre-pandemic. They post these job openings to psycho-manipulate their current employees, a clear message that we are replaceable. As a result, we'd rather work harder.
I'd threaten to leave. It's bad for software to shake up the team like that and bad software sells pooly.
The funny thing is, i guarantee you i can do almost any job that requires a degree without a degree. Give me a couple weeks to learn and i can do the job. 99% of jobs dont need a four or eight year degree.
Especially with how colleges are teaching these days. I just finished a Bachelor's and didn't learn anything other than how to get crappy busy work turned in on time. Certainly didn't learn anything to help me get a job or do a job.
I have the 4 year degree. They won't hire us either.
Undergraduate school is the new high school. 🙃
Yep, correct.
Yep degree is a scam. I dont even work in the area I studied. Same goes with experience how do I explain that I acheved in 3 years more than multiple ppl in multiple fields in 5-10y range... I would fcuk them all if I only had an idea or product. I dont like how every product or service os just copy of each other...
This is what I've suspected based on experience but didn't have the research to confirm. Literally spent 4 years applying for jobs and got nothing from it but regret for wasted time and a loss of motivation to do anything...
Managers also play budget games with jobs. Say a department has an open position. If management fills that position, they have to pay the salary and benefits for that position. If they don't fill the position, they can use the funding for that position for other purposes. Management is required to keep the position open and posted for recruitment however. If they closed the position, managers above them may want to remove that position from the org chart. Once a position is removed from the org chart, it is very hard for management to get it back.
There's this one great trick companies can do to keep loyal experienced employees. Pay them more.
And train them, the fact they wont train you, mean they are not loyal to those under them. Expecting loyalty and having none to give.
Not only that, give them health benefits if they want to keep working.
To hell with the pay. What about communication and honesty? Get your priorities straight. Besides, profit suffers when reputation does. Good or bad honesty will always be honest. An honest reputation can be why hostages remain alive when a tyrant gives their word. Once you lose an honest reputation though then it's very hard to bounce back from that. Make sure the companies realize that somehow. Their self image is what they're concerned about. Use that to your own advantage.
startup idea: a job board with no fake jobs. Employers that don't fill the role within a specified number of months get kicked off the platform. This will also attract top employee talent to the job board.
Someone make this please
With whose money? Because, I promise you, none of the corporate or financial powers would back such a play.
@@robertbeisert3315 They don't have to. The tinderization of the job market goes both ways as the video explained. Nobody believes in company loyalty any more.
Indeed seems to be ahead of the curve on this one. Of all the job sites, Indeed is the only one where the user can quickly click through all the buttons to apply for jobs. You can still post jobs that refer to their own internal web portal, but I've learned to just not bother to apply for those jobs anyway since I can apply to ten other jobs in the time it takes to navigate their junk website.
If the culture moves to an even quicker and dirtier paradigm than indeed, (for example we could have bots that automatically spam your resume to every job posting) then their paradigms an algorithms will effectively become useless, and we'll just have a perfectly tuned AI algorithm that perfectly places people automatically.
@@robertbeisert3315not if workers only use this site.
@@robertbeisert3315Because this is a premium service for job seekers, we can charge a $1 premium for those seeking a job and companies get in for free. Kinda like dating websites will have features made for certain genders to pay for because the other is the real product. Anti ghost posts is the product the job board sells, so the companies are the product and the job seekers are the customer. Now you have a semi cheap website that millions are going to visit because they all want a job and not have the hassle of applying to ghosts
corporations simply wouldn't use the platforms and thus there wouldn't be enough listings to attract enough users to make it viable
This is what companies get for abusing contract workers in at will states. Bring back apprenticeships, and stable decent paying positions. At the very least advertise honestly and tell the workers its seasonal or temporary and dont make promises you cant keep.
There's more to this than in this video. Another factor is HR and their relentless pursuit of perfect employees (on paper). They have automated systems to rule out applications. There are tons of candidates that are 99% qualified, but because of those systems, they get ruled out before a human even has a chance to look at the application.
Yes, The ATS plays a significant role in discriminating against possible candidates using unrealistic requirements for interviewing.
When you treat workers like they are a paper cup which can be thrown away; when you have no basic respect for a human being; when all of corporate America really just wants a slave workforce.
Workers are disposable. I own the company and can be replaced.
Managers have fr became so lazy. I remember working in retail where me and my other coworkers were basically all newly hired (me being the newest) and the NEWLY HIRED EMPLOYEES were training me and NOT our two managers who would go to the back of the store, sit on their tail, and gossip!! And yet they would get mad at us for talking to each other during the job even though we were still actively working 🙄🙄🙄 Lazy, lazy, lazy...
Who goes into management to do actual work??
Managers are worthless now a days. Mine was in the hospital for 2 months and me and the lead tech just did our normal thing. It made absolutely no difference. Except he makes over twice as much as me over 100k a year. Insane
I think part of the problem might be pay. The “I don’t get paid enough to care about this” but need to look like they’re doing something so the people below them get told off.
It’s funny you say that because I actually got fired from my last management job for trying to get the workers to actually WORK. I wasnt letting them be lazy and sit around and they kept reporting until they decided to go in a different direction. Despite me being overqualified for even that job. I was unwilling to allow workers to steal money from the company and just wait around doing nothing and that got me fired. I learned a valuable lesson that day. Dont try to save everyone else.
@@zacwoods unwilling to let employees steal from the company? Why not? Simp...
What is my extremely useful degree even good for? Most of the jobs I find do not exist on the company website. The interviews go well but I am not hired. My skills are "impressive" but clearly not enough. I don't know what to do. The only job that hired me paid so little I could not afford to take it; they told me that their employees usually get food stamps to take the job, since it is all about getting experience and being able to relate to the poverty-stricken people we serve and not about being able to rent an apartment or feed oneself. Glad they cleared that up for me.
I was regretting cracking under the weight of my own depression and anxiety and relapsing by drinking like a fish last night. And then I woke up to this in my feed....tbh the question "what's the point?" Is now a common everyday question.
I feel your pain. I'm in at a mental breaking point, too...
Anyhow, I truly hope relapse doesn't set you back any further than you must already be feeling you are. Keep your head up, and don't beat yourself up over it too much. Stumbling 1step backward doesn't have to turn into 10.
this happened a few weeks ago- former coworker texted me and asked about open positions where I work. I went and checked and found no positions, which didn't surprise me- its well known internally that we are on a hiring freeze. Former Coworker sent me the links they were looking at on a hiring site that had been posted 3 days ago. I checked. The positions had been filled internally 3 months before. The jobs posted on the external application site three days prior....yeah, ghost jobs. We weren't hiring.
Report to the FTC as fraud. Record the necessary data so that it isn't lost to deletion.
Wow! That’s why east apply is a thing, wasting time on applications SUCK
do you by any chance know WHY your on a hiring freeze? Because its not just you, its everyone. Can they not afford new workers? Do they not want to train? Are all positions filled? Like im seriously trying so hard to understand everything right now. If anyone could break everything down that would be great!
@@gymnastkristen5824 I work for a large corporation that provides financial services. Its a company that emphasizes integrity, and genuinely does try to provide a good working environment. (try. doesn't always succeed.) Anyway, we had a 10 year period of record growth as a company. Then in 2022 we had a tougher year. The Board went into a panic mode and started to review our financing, with cost cutting measures like lay offs and a hiring freeze while projects were reviewed went into place.
There actually are a number of areas the company could cut bloat and save money through improving internal processes. But Lay offs and a hiring freeze weren't the correct answer, imo. Also, imo, the panic was not warranted. We had a slightly slower year. We had also heavily invested into improvements on our internal infrastructure that year, which was part of why our costs were high. All of that was going to pay off in the next year, which should have made back our growth goals.
@@gymnastkristen5824 Why? Because hiring people is an expense, that's why. Employers hire people because there is work that needs to be done. Just because an employer can afford to hire someone does not mean they should. The work load could be temporary, seasonal, or not expected to continue, for a variety of reasons.
As a laid off worker I'm feeling this too. What I find appaling is the number of jobs (skilled jobs) that requires a long list of skills plus post graduate degrees that then pay $15 an hour. These unscrupulous companies do this because in order to get a foreign worker on a H1B visa they need to prove to immigration that no-one in America can do the job by advertising the open position for a month. This happens so often in the tech industry.
Sorry to break it to you, but this is deliberate and by design so the company has plausible deniability when it claims it can't find qualified applicants.
Same thing is now happening even in agriculture (for Jobs commonly done by Americans that is, not just stoop labor in crops where the workers are almost all migrants) since there is an agricultural guest worker program.
@@JoseLopez-tk4tq Essentially yes, that's in order to have an excuse not to accept an internal applicant.
It is happening here in NJ with the public schools. For years they have tried to get around the NJ residency requirement by saying they couldn't find a qualified applicant when they posted for it (this was true in a handful of cases where they needed say a science teacher or special education teacher) and wanted to conveniently hire their friend/family member who lived in PA. The state started requiring that the school admins turn over the application pool to prove they couldn't find anyone well a regular elementary classroom teacher posting would get up to 500 applicants or more and a state senator called out an admin saying, "I am just browsing through some of these 500 applicants credentials and I am already seeing within the first 20 or so at least a dozen applicants who match the requirements. Are honestly telling me that you screened and interviewed among this 500 applicants and couldn't find one candidate that worked? I don't believe it." Now the NJ public schools are saying they can't get teachers to say (things have gotten worse since covid) and want to hire college students. The real reason is so they can pay them less money. I went to graduate school to get my teaching credentials and many districts told me to my face they didn't want to hire me because they would have to pay me more (in some cases it was less than 10% more than someone who had only a 4 year degree). It's all about getting cheap labor so the admins can line their own pockets. They can't afford to get supplies for classroom teachers like pencils or papers but they will hire a friend or relative for some bs job that pays 100k or more a year.
Companies are getting more and more crazy. They either want to underpay overqualified candidate or they do not want to give any job with people with no experience
There are far more than 6.5 million unemployed. They do no count people that have STOPPED looking for work. They call them disgruntled workers.
They have also changed the criteria on how the U levels are calculated in recent years. It's all a sham.
Yeah, sure. Not working at a job so horrible you quit after 9 months is "spoiled." Meanwhile our grandfathers could get a job at a big company, stay there their whole lives, and get a PENSION.
I have suffered with this strange phenomena of companies who are “desperate” for workers, but then treating each and every new hire as the most disposable piece of trash. Have even had companies reach out and ask me to come back or why did I leave? Ummm because the insults and death threats were not something I am willing to take on for a paycheck. 🤦🏾♀️
Guess those death threats and insults were considered extra "benefits?"
if you're getting death threats, you need to report that to the police and more.
"companies who are “desperate” for workers, but then treating each and every new hire as the most disposable piece of trash" -- I'm in exactly such a job right now, minus the death threats. On paper, I love my job, and it would be perfect if I got more hours. But as it stands, I'm a part-timer with a degree who is expected to basically squeeze 25% more work into the paid time I'm given (no overtime), and I'm treated like a unpopular intern. Several departments constantly have "little side tasks" for me, and whenever I decline because I simply don't have the time, they get mad at me rather than sorting out a workable schedule. Gawd I hate this brave new world.
im so dead serious I had applied to nordstrom 5 years ago, keep in mind I have had 2 jobs since then, and they just reached out to me for an interview. LIKE HUH???? I APPLIED TO YOU FIVEEEE YEARS AGO. I DONT EVEN LIVE THERE ANYMORE😭
@@naefaren3515 well, I have a statute of limitations… I'd rather file a report once I move, and I'm no longer at the address that they have on file you feel me
As someone with over 25 years experience in tech, I’ve been looking for over a year, applied for many jobs where I can start tomorrow and jump right in and be effective, but still can’t get an interview. I’ve been told outright they are looking for someone “more Junior,” i .e. younger. What they’re not thinking about is that I’m just looking for a position where i can do good work for 8-10 more years before i retire. I WILL stay more than 2 years because I don’t want to go back through this. I will be the most effective use of their money they’ve ever seen, but they can’t get past my age. And ghost jobs is totally real. I see positions for which they’ve told me, “we filled that position” but then repost it a month later. With this, everyone is screwed.
Then when juniors apply, we're "not skilled" enough, and don't have enough "years of experience". So it's like, WTF do you even want???
its ridiculous. I hate it with a passion.
Verbatim my experience. I'm done. It's freaking devastating to be honest. It took me SO long to get a career going and now the greed of the system has left me to the wolves.
More junior is just code for “we can pay them less”
Same here, I applied the ton of jobs and be refused from all. I saw same positions I applied two months or even longer are still on indeed and LinkedIn, look like these companies hiring the people for same position forever! Totally wasted my time.
This has been going on for far longer than people realize. The pandemic exposed it. I've known all my life that unemployment numbers and job numbers really didn't mean anything
This is beyond amazing. “How to create income flow”
Making money is action, saving money is behavior and Growing money is knowIedge
I am fortunate I made productive decisions that changed my finances (accumuIated over 1MiI in 2years) through my financiaI coach. Bought my 2nd house in January, and hoping to retire at 52 by next year
researvh the name, if you care.
Rebecca Martin Watson.
l’m amazed to partake on this, lt has rekindled the fire to my financiaI goals.
This is not only an issue in the US, it's the same here in EU as well. Companies demand a ton even for junior positions, but they don't want to train people or pay a proper salary or benefits either. It's a fricking joke.
Then they say they only want to hire people with experience, hire some one internal and that they don't want to take you by the hand
@@FC-hj9ub But be careful. Don't get too much experience or they'll not hire you because you're too expensive.
@@FC-hj9ub "job for high school leaver, must have 30 years industry experience". Or a personal favourite from Twitter, company advertises for 5 years experience in a particular programming language, the creator responds "I only released it 4 years ago".
Same in Latin America. No training, recently in México the government had to fund a program to pay for the training of young workers (18 to 29 years old) as companies are unwilling to do It.
They were doing that already offshoring isn’t exactly new. We’re all going to be replaced by ai anyway in the end will that set us free or will we become the chattel of the bot owners? I think we sadly know the answer.
A few things. I work for a company and am close to the HR people. We are laying people off right now, but have more job openings than we did in 2019 when we were hiring like crazy. Even HR doesn't understand it, and have told me that the firm has positions posted that have been renewed (reposted every 30 days) as many as 50 times.
Secondly, people who are qualified, with significant job experience are getting low balled left and right for jobs. I've turned down two jobs after being recruited because I'm not willing to take 7% more to make a move.
Thirdly, companies want to make it seem that they continue to grow, even when the walls are closing in. Bed bath and beyond had 97 job openings the day before they filed for bankruptcy, wework had two dozen+ openings on November 1st, and filed less than a week later. A lot of it is for appearance.
Well you think investors will not jump ship the second they think they might loose money? I don't understand why people don't look at those who "invest" and ask them to buy for life regardless of outcome?
This is so said.
Very spoken. Quite said
I think that the reality is that what your talking about is not a true lay-off. They are not letting many people go without regard to their merit due to a division closing. They are going through their list, looking at the analytics and performance reviews, and FIRING the employees who they feel are worse than the talent that they could bring in from the outside. Calling it a layoff while actively hiring makes them sound stupid and contradictory. In reality, they're just being greedy jerks and that's all there is to it. Maybe instead of people calling it "layoffs" they should just say that the company is getting pickier and more cutthroat.
I was working at Amazon for 7 months and they just randomly dropped 70% of the people including me and the crazy fact is I never missed a day I was always on time my performance was good when they have to flex up more hours I stayed and volunteered for overtime every day .. and the managers told me they was going to keep me after the lay off but they didn't so to me I felt like I got lead on