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This makes sense but job hopping seems to be much harder now considering the competition for laid-off workers. There’s a Bloomberg article on the homepage now
by linkjuice4all 3y ago
This makes sense but job hopping seems to be much harder now considering the competition for laid-off workers.
There’s a Bloomberg article on the homepage now about how more people are retiring due to stock gains - so how is unemployment low (and going lower with more people dropping out of the workforce) while LinkedIn is filled with (formally?) white collar people on the verge of homelessness?
- MattGaiser 3y ago> while LinkedIn is filled with (formally?) white collar people on the verge of homelessness? You can fill a LinkedIn feed with about 500 people. Instagram would give you the impression that we are all travelling in business class to new destinations every week.
- cruffle_duffle 3y ago> Instagram would give you the impression that we are all travelling in business class to new destinations every week. And LinkedIn would have you believe we are all incredibly successful executives teeming with wise words.
- bryanlarsen 3y ago3.6% unemployment means job hopping is easy for those at the bottom. They're the ones that usually have problems job hopping, and they're the ones doing so now. Since they're so numerous, they're the ones that are affecting the average wage statistic. I see "help wanted" signs on pretty much every store & restaurant I visit. OTOH, skilled labour varies by sector. Tech is in a bubble-deflation stage, so while we've had a good 15 years of easy job hopping, it's not so easy now.