Subscribe to the channel. It's FREE: / @laborgains Why the job search is so hard right now
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@tomlavelle834020 күн бұрын
The corporations are attempting to save money by cutting the workforce. But this is only a temporary gain for them. They will ultimately hurt themselves by cutting jobs.
@LaborGains19 күн бұрын
I agree with this completely
@user-lu6yg3vk9z18 күн бұрын
Absolutely greed will get them.
@Ragnar45216 күн бұрын
Less people means less productivity. It's inevitable.
@phoenixrising499516 күн бұрын
They don't care instead of selling a product to 90 people for $10, they will sell that product to 5 people for $200 and still make more for exact same thing.
@nick824320 күн бұрын
I don't mind being laid off as long as I get an abundant severance package to help me transition to my next job.
@LaborGains19 күн бұрын
That's true.
@jon630918 күн бұрын
Same here. Been with my company for 8 years and want to quit but maybe getting laid off is better. I also have not experienced collecting unemployment. I have enough savings and family backing where I don’t have to work for years so I’m actually open to getting laid off!
@kittysaywut20 күн бұрын
Well, after being in a layoff spree for the past two years, looks like suddenly there is a "Labor shortage" in tech. But only indians and anybody else willing to take 15 an hour or less) need apply.
@usedtobeliveable20 күн бұрын
Yeap - bring on those H1Bs
@Someone-m5z20 күн бұрын
Is like the conservative mainstream media has suddenly forgotten about the crisis in Canada after bringing foreigners en masse to fill out their white collar jobs. Even their liberals recognized the error.
@LaborGains19 күн бұрын
You're right. Thank you for the comment
@youtubedeletestheoppositio818817 күн бұрын
Hopefully, they destroy the H1B visas and tax companies using remote workers working outside the US
@phoenixrising499516 күн бұрын
They will quickly find out their living situation won't improve much and they won't be able to send back as much money as they thought to their families. have fun working 6 H1B1 visa jobs and living with 3 room mates, while not sending anything back to your family though.
@Ace1000ks19 күн бұрын
A lot of jobs had been getting automated by software, machinery, or outsourced for years. You also have people coming into the country to get certain types of jobs with H1B Visas. There are just less and less opportunities in the US to make a living. I was thinking about moving overseas to teach English. All you need is a Bachelor's Degree.
@LaborGains19 күн бұрын
That's a great idea, how hard is it to get a work visa to a country to teach English?
@Ace1000ks19 күн бұрын
@@LaborGains You need to go to an embassy of the country you want to go to. As for the difficulty, it largely depends on the country. For Japan and South Korea it isn't hard to get. I don't know about China, because I had never been there.
@dannyhubbard633020 күн бұрын
I had to enter the job market after 20 years in the military and it was a nightmare. I got a degree in tech but had get a job with my electronic background because tech job market is trash now
@LaborGains19 күн бұрын
Oh wow. Thanks for sharing.
@alexward4206920 күн бұрын
this yr was a recession.....
@christophersmith247020 күн бұрын
No, Q2 2022 until right now is a recession. Don't let 'em lie to you. 2025 could be a depression
@phoenixrising499516 күн бұрын
@@christophersmith2470 It's been a recession since '08, with a bump in the middle 2010s destroyed by the plandemic of the 2020. Ever since 2020 its been a depression for most.
@billjames303020 күн бұрын
All jobs have some type of problems or jerk coworkers / management. 😔
@LaborGains19 күн бұрын
You're not wrong.
@Starfish324119 күн бұрын
My manager refused to talk to me for two months when i started. I quit after 4. It was outright mental abuse.
@eternal_learner994320 күн бұрын
7:10 - When I worked in a call center, I automated my workflows using my programming skills. With today's technology, we could have a society where people only work 4-6 hours but have a higher income than they do now, but greed won't let that happen. Instead of talking about how hard it is to find a job, I would suggest a discussion about job creation and how many jobs and positions, especially in the tech industry, are just "monkey work" that pay nothing and are only there to keep people busy and inflate the size and importance of companies. Furthermore, their oversaturation is partly the reason for the current job market and economy we find ourselves in.
@LaborGains19 күн бұрын
Oh wow. Thanks for sharing
@eternal_learner994319 күн бұрын
@@LaborGains Anytime. ✌️
@niq653120 күн бұрын
Yup offshoring and absolutely no interest in quality like you said. When my Fortune 10 company outsourced our A/R call center I would call in sometimes and they wouldn't know what to do and would hang up or transfer me to a busy signal. Zero competence. When Americans did this work they were expected to provide quality. But Indians? Nah anything goes. No accountability. And H1Bs. The H1B thing has blown up all over Twitter this past week. It's way worse than anyone realized. Not even truckers and cashiers are safe anymore.
@LaborGains19 күн бұрын
It's really frustrating how little accountability there is. Thank you for the comment.
@LandOfSigh19 күн бұрын
I remember "chatting" with customer support for an app a few times. The responses were the same, letter for letter. Felt like whatever is on the other end also had to work with limited unhelpful options for their response as well.
@LaborGains19 күн бұрын
That's really frustrating. Yea, I think there is a script they have to follow or they get in trouble. Thanks for sharing.
@javiersaenz104019 күн бұрын
Hb1 visas taking all jobs
@LaborGains19 күн бұрын
You're right.
@Bud_Emmer17 күн бұрын
I hear that. I also hear that no one wants to work from business owners. But no one wants to interview people. The pay is unbelievable. A job I had pre-2020 posted a position for 55 dollars a day! I made 3 times that in the same role. What in the world is going on.
@ap77417 күн бұрын
H1B is not taking all jobs, it’s for engineers and doctors. We don’t have enough of them since kids these days want to get degrees in business, marketing or arts.
@Bud_Emmer17 күн бұрын
@ap774 That's why I got out of marketing and business. Well, sort of just switched industries. It's saturated with people who can work cheaply.
@phoenixrising499516 күн бұрын
H1B1 taking the slightly more involved jobs and AI taking the bottom end. The only thing left will be the 20+ year experience, nepo baby, CEO positions. Yikes!
@mfrancisco_85019 күн бұрын
I feel you brother hang in there work in seafood or grocery store or you will run out of money while just looking do whatever you have to in order to survive because I dont see tech jobs coming back soon. its been 2 years for me and its rough our there the first year I ended up in the hospital with full mental breakdown but it did allow my mind to calm down and realize that life is transitions sometimes it doesnt go my way and thats okay .the mind will keep telling you it has to work out how you want it but sometimes you have to accept and allow using the dare method and mindfullness can help as well.
@LaborGains19 күн бұрын
I'm sorry to hear about your experience, but I'm glad you're finding your way through it. Thank you for sharing.
@diamondbeats202418 күн бұрын
I tried to start learning to be a computer programmer. Then I realized they’re are NO entry level jobs especially without a degree. Now I’m saving my money to hopefully go to truck driving school. 2024 was a very hard year
@LaborGains17 күн бұрын
Sounds like a good plan. All the best. Thank you for the comment.
@cris_yeager19 күн бұрын
Housing in a Sellers market...Jobs in an Employers market... Governemt in a red tide for the next 4 years... Life about to be in an AI market... what a time to be in your 20s/30s
@LaborGains19 күн бұрын
What a time to be alive!
@phoenixrising499516 күн бұрын
NO thanks I'll pass, not exciting more like depressing.
@leepialong17 күн бұрын
nope! still true today. No one wants to work anymore. My company cant keep people so they start to offer signup bonus to get people in but STILL cant get/keep people!!!
@kweli0517 күн бұрын
What's the company? I need a job :)
@LaborGains16 күн бұрын
Thank you for the comment.
@andrewmohar361317 күн бұрын
Let's just be real. Companies are preparing for the end of the world and they're also ushering it in faster
@LaborGains16 күн бұрын
Thank you for the comment.
@commonsenseking638618 күн бұрын
These companies will find outsourcing is the way to cut costs, look at the currency converter, $10 an hour goes far in those countries. Also, I notice the dumbing down of requirments like insurance licensing.
@LaborGains16 күн бұрын
You are so right about this. Thank you for the comment.
@jon630918 күн бұрын
I don’t think corporations are rationale to realize that lay-offs are a vicious cycle that harms their profitability in the long run! Sure cutting labor cost might look like a short-term fix but if many employers are doing it that means the general population will have less disposable income to purchase their goods and services so there will be a decline in revenue. Offshore labor is cheaper but they can’t afford to replace the consumers from the developed countries who are already used to higher salaries. I also learned that companies are responsible for paying for unemployment insurance. How many laid off employees who claim unemployment and for how long is tracked and determines the new premium the company has to pay for unemployment insurance. There is also a morale issue where people are waking up and no longer being loyal to a company knowing they are not immune to lay offs. It is much cheaper to retain employees than to experience turnover and replace new ones more frequently.
@LaborGains16 күн бұрын
All really good points. Thank you for the comment.
@therayman320 күн бұрын
Welp Elon and Vivek ain’t going to make it easier for a lot of people.
@LaborGains19 күн бұрын
That's true.
@Gioli56517 күн бұрын
You’re right at AI it’s useless except for FaceTune
@LaborGains16 күн бұрын
Thank you for the comment.
@psyberking16 күн бұрын
Our current economic mess/dystopia is a direct consequence of profit maximization for its own sake, untempered by any social or humanistic concerns. It is basically a theorem of the extremely short-term thinking that drives our economic system This system perhaps worked in the past, but it is becoming increasingly outdated.
@phoenixrising499516 күн бұрын
Gotta make that quarter brah mentality. Instead of developers its, shareholders, shareholders, shareholders.
@LaborGains15 күн бұрын
Good point. Thank you for the comment.
@intotheshoot732420 күн бұрын
Is blacklisted real if you dont give employer notice?
@LaborGains19 күн бұрын
In areas where "everyone knows everyone" yea. Like if you abruptly leave one company and try to work at a competitor they can easily find someone to ask illegally about how you left.
@intotheshoot732419 күн бұрын
@@LaborGainsI was wondering if there’s a database where employers can go for these things 🤔
@LaborGains19 күн бұрын
@@intotheshoot7324 Oh no. There is nothing formal. Just all these people in the same industry know each other. Even when I have not given permission for a company to contact my previous company, they still found a connection there to ask about me.
@RaistlinKishtar15 күн бұрын
Indians are also flooding the tech jobs. I see more and more percentage of Indians each year and it needs to be addressed.
@krissfenix20 күн бұрын
I love your analysis and thinking process. Thank you for sharing it with us. One question: At this point, I want to focus on those areas where the AI and Robots can not replace me. What are those areas in your opinion?. I don't want to keep competing with Quantum computers, AI, RObots, outsourcing, etc. Time is precious and crucial at this point 2025. Thank you
@LaborGains19 күн бұрын
Thanks for the question! I think there will always be a need for human connection and creativity in any field. If you can perform services for high wealthy people they are going to want someone to do that who is a human. At their company they would outsource as much as possible, but personally they want people. So doing taxes for them, managing their investments, even manual labor and repairs around their home.
@krissfenix19 күн бұрын
Thank you for sharing your opinion.🥰
@phoenixrising499516 күн бұрын
Well if you avoid AI, then you got to deal with the visas taking your jobs (01,H1B1). Some jobs that will be somewhat loss proof are: 1) Government jobs / contract opportunities. 2) Self employment 3) GTFO and live in a cheaper country and I guess you run an e-shop/hustle academy like Andrew Tate. 4) Your Fd, enjoy prison.
@chriskessler977320 күн бұрын
Aren’t low wages awesome
@LaborGains19 күн бұрын
I love it!
@chriskessler977319 күн бұрын
@ I’m struggling to find work comparable to what I was making before I was laid off at the end of October. This job market is nasty
@diamondbeats202418 күн бұрын
I can’t pay my own bills! No it’s horrible
@christophersmith247020 күн бұрын
Answer to the title. There are 100 times as many seekers for every living wage paying job, and in some industries 1,000 times as many. FACT
@LaborGains19 күн бұрын
You're right. Thanks for the comment.
@alexward4206920 күн бұрын
hey also if you really need a job have you tried subbing at like a high school? that was my survival job for 6 months
@christophersmith247020 күн бұрын
I saw one of those on Indeed about a year back for $16/hr part time. Not kidding
@alexward4206920 күн бұрын
@@christophersmith2470 well ya it sucked
@LaborGains19 күн бұрын
Oh wow. Thanks for sharing.
@user-lu6yg3vk9z16 күн бұрын
Montana not a at will state
@LaborGains13 күн бұрын
Ok. Good to know
@mrguiltyfool20 күн бұрын
I think you are tackling your job search incorrectly. The roles you are targeting are shrinking. What I notice is that my buddy can't find a tech job in Canada was able to land a job with Xai in USA. The truth is people need to start focusing on gig economy instead of 9-5. 9-5 = taxation gig economy = cash in the pocket especially if you live in high taxation area like Canada where 100k job is the same as 70k non-taxed job
@beloved-child20 күн бұрын
Lol yea gig economy making pennies and no benefits while wearing out your car you won't be able to replace or repair with that income
@mrguiltyfool20 күн бұрын
@@beloved-child I am not referring to the gig economy like driving or delivery. I am thinking in the line of selling stuff on ebay and etc.... or mowing lawn and snow removal. Also gig economy in general you can evade tax. If you are in a high tax region like me 100k taxable job is the same as 70k non-taxed job.
@christophersmith247020 күн бұрын
@@mrguiltyfool Yeah, nobody else has thought of all of that. 🙄
@mrguiltyfool20 күн бұрын
@@christophersmith2470 the thing is how many ppl actually try to have create another income stream outside of 9-5. From what i am seeing not a lot of ppl are
@christophersmith247020 күн бұрын
@@mrguiltyfool Tons. Maybe you don't have personal experience but I can attest that it is quite common now for millions of Americans to have a side gig. I've always been a 1099 contractor and am quite the (formerly) successsful small entreprenuer, but right now the market is DEAD. There's just not any real innovation and the bigs have consolidated everything.
@JinglesforJesus19 күн бұрын
Well, you seem to have very good communication skills, so you can use that to your advantage. I think hard times are ahead. John 14:6 Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father, but by me.