Fear of job loss hits its highest point in years—but workers won’t accept less than $81,000
Fear of job loss hits its highest point in years—but workers won’t accept less than $81,000
This is despite fearing they’ll be jobless soon.
I just quit a $90k a year job due to stress, burnout, and the fact that the company was a total con and I could no longer shill their crappy AI product. I'll be back on the job hunt in the new year and I'm not particularly looking forward to it. I'm actually contemplating taking something lower paid so the process is quicker and I have less to lose when it's shit and I burn out again.
I’ve been trying to switch careers and get into software development. I look at a lot of postings and I see $40,000 “entry level” jobs that require 2-3 years experience and a degree.
It makes me angry.
Finding a job is literally a job right now. If the post reads like ai then give them an AI cover letter, don't waste your time if they're not. If it's a succinct human written posting, give an honest and professional written cover letter. The years of experience are a filter, ignore them. Focus on if you understand the problem the team is trying to solve. Or if you can learn it in a reasonable time. (Less than six months)
Here's a good video. If anyone has an open source mirror of the YouTube link I'll post that here too.
https://youtube.com/watch?v=iC-PMJ8B4Z0
Also an article https://archive.fo/Asqae
Good luck. I hope you're able to take a break and connect with loved ones right now.
Should i work a soul crushing job and starve? Or not work a soul crushing job and starve? Such a hard choice!
When cost of living goes up every year by 3-5%, you can't accept dirt wages.. it's starting to feel like maybe we got a raw deal with this infinite boom bust cycle capitalism has created for the pleebs.
starting to feel?
Pacific is a puddle of water then eh?
Just a small swamp cooler
We got raw dogged TBH
Wont accept or can’t?
Aren't being offered.
Fortune is out here painting narratives. It’s okay, keep going, we’ll keep striking.
Where are these jobs you speak of which such a salary
The trades: carpentry, plumbing, roofing, etc. Plus side, it doesn’t require a degree.
Where I live, two of the three trades you listed require completion of 4-year apprenticeships, including a minimum of 6 weeks of in-school technical training per year. It's much cheaper to train as an apprentice than it is to pay other post-secondary tuitions, and you earn an income most of the time you're an apprentice, but the reality is a lot more complicated.
And it's also very easy to be employed in most trades and not make that much. It depends on which trade you're in, how much punishment you can take, and whether you're in a union job or not.
Better save and be prepared to retire early.
An iteration of the survey taken in July found that 4.4% of respondents expect to lose their jobs in the near future. To put that into context, the only other time it’s ever hit 4% was when the pandemic struck in March 2020.
That's pretty stark.
But despite fears they may be jobless soon, today’s job seekers won’t accept less than $81,147—up by almost $20,000 since March 2020. This figure is the average reservation wage of workers, which is the lowest wage at which respondents would be willing to accept a new job.
I guess people polled are doing better than I'd expect. I thought a lot of people have to accept a fair amount lower than this. How many fast food workers are making this much? Maybe in California (where cost of living is also much higher), but I doubt it in Alabama.
I thought a lot of people have to accept a fair amount lower than this.
I mean, they could accept lower, but then they'd be homeless and starving but still employed, so they can't get any benefits.
Not really a choice they'd willingly want to make.
California fast food workers are getting $20+ / hour but there's no fucking way the average worker is getting 29+ hours a week. They'd be owed benefits.
I am too poor to work boss