The Economic Quagmire: Understanding the Factors Behind the Downturn

New Data Warns Major Layoffs Coming!

More Data Showing the Downturn of the Economy and I’ll be talking about it even more.   I’ve been looking at the data and it doesn’t look good even if the Biden said we have all these jobs for people.  Yet, I am seeing more and more in the the Warn Reports of the coming tsunami of job layoffs.   It looks to be from 4/26/24 to 5/1/24 but I am also seeing some layoffs beginning in June also.  Companies have 30 days to send out the warn reports to the US Government and that could be coming very shortly for some of the companies as soon as the end of this month if they have a deadline to lay people off by the of March or early April.   I’ve already talked about why companies would do this but this just shows more and more that they are going to do this.

Google is even showing this

I hate to bring Google Trends into this but it looks like Google is showing even more signs of people ask questions like Jobs Near Me, Why can’t I get a job, or even Is the Job market bad right now?  It seems to be be fluctuating and making me think there is more to this than Google isn’t being honest about.  I suspect the US government is interfering with the data because they want us to not know the real truth.  I’ve read and saw how they like to not talk the truth in the past and they seem to be doing that again.  Last night it was looking totally different but today this looks like it isn’t even popular.  Looking into this even more, I found one that looks interesting and showing that people are saying the same thing to Google:  “I can’t find a job

I can’t find a job on Google Trends

Job Market isn’t look good.  Even I can see that but I also know it because I’ve had yet to find a job since I was let go in the last few weeks.  In Depth Investigation of the Job Market and How it looks was something that I did to tell people that it is showing you that something is happening in the government and there isn’t the real problem that you are real.   Understanding that you aren’t alone is the first way we can make it through these hard times.   However this isn’t the only way you can do it, if you really are looking for a job.   Should check out my Job Hunting Series to better help you get some more information on how to get a job.

There will be no soft landing

I know that I am seeing more and more that this will most likely be a Crash landing in economics or at the very least a really Hard landing that we will have to get through before everything get’s better.   I don’t believe Biden is in his right mind to think that we don’t see him not being truthful.  I also know that we should be expecting something to happen rather sooner than you might want to consider.   I think we will se this before the Primaries coming up in the US and it will be a signal that you should vote the right way and tell the government that you want it to change.  I don’t think we will get out this very easily and it might even be worse the the 2010 recession but that is just me.

Job Hunting 103 : Navigating pre-employment assessments and tests

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Submitting Online Applications: Dos and Don’ts

How do I submits Job applications online?   Is always the first question I usually get when I am trying to find a job.   I want to make sure I apply in the right to get some kind of response and maybe a good interview possibilities.  This will be me telling you how I apply and making sure I get the right response and possibly invitations to apply type of jobs.   Each person will have different results depending on how they complete the process.

  • Do find the jobs that you want to do.
  • Do follow up with recruiters or HR after the interview.
  • Do write the applications as if you are the best fit.
  • Do create a resume that fits that job.

And

  • Don’t Just apply to any job you can.
  • Don’t be in a hurry to fill out the application
  • Don’t send a generic Resume.

Each employer will vary depending on what they may require you to do to get an interview, so you must read the job description and try to figure what they may need.  You can also start filling out certain job assessments online by using the Indeed assessment portal.  Like everything else this helps the employer know if you have the right qualifications and skills that they might be looking for.   You can also do some more self assessments are something that you can do to prepare for some of this and this could ultimately help you identify what you might be good at if you haven’t already done that.   Knowing what you are good at will help you get the job,  Even though I said that in the other blog posts.  This is how you can get a job that you might be good at.

Following the Job applications requirements will be something that no one can truly master because the employers sometimes makes it harder than it typically needs to be.   They want to make sure you want the job and that can make it even harder to get the job.   However once you have the job the satisfaction of saying you’ve got a job far out ways the hardship of getting the job.

Customizing Applications for Various Job Types

Why would you need to customize an applications?  That is the first questions you might have, when you think about the whole purpose of the application.   Some more interesting aspects of customizing the application is that makes it harder to any employer to track from employer to employer.   Most of the time, they aren’t tracking people but if you have already applied to that company before it makes it a bit harder to look back at the other applications and associate it with the same person.  After you decide which job you want to apply to, customize the applications or resume to make them see your the best possible fit for the job.  If you do this right, you might get an interview with company and be offered a job.

Understanding Pre-employment Assessments

Knowing what the employer might want you to do like an assessments from your local state unemployment office or some other places.  Knowing that you may need to be able to type a certain amount of speed or that you know how to handle customers.  This tells the employer that your skills match what they might be looking for so this can be great way to show off your skills in the application process.  You should do a background check on yourself, and even tell your references you are using them to apply for the job, that way they know to expect a possible phone call.   Sometimes employers will call or just they asks for the references for one reason or another.  I will say there is an good blog post from Indeed of what you might need to do for the pre-employment checks that you might need to do.   Some other good places to look:

As you can see, there is so many things that must be done before you get hired that it is almost impossible to go through the whole process of talking about the pre-employment tests and assessments but this is generally just to help you understand what you might need to do to get that job offer either before the interview process or after the interview process and they want you to do the pre employment testing to make sure you are the right candidate for the job.  So i can’t possibly talk about all the process.  You’re going to have to do the research before you get through the whole process.   However this is just a small bit of what you might need to do accomplish getting a job.

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In Depth Investigation of the Job Market and How it looks

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The Job Market

First and foremost we will at least talk about what I mean by Investigation of the job market.   According Websters dictionary, the meaning of investigation is “to observe or study by close examination and systematic inquiry“.  Now since we will study this and look into other aspects of this to see how the Job market is looking you can see this will be quite enlightening.  First we need to look at the DATA of the whole situation of the Job Market for 2024.   Let’s start with looking at trends and see if we see anything that shows us what it’s look like.   I am going to look at what people are searching for in Google using the Google Trends that is quite useful for this data.

 

2004 to Present – Job Market

Recession in 2007 and 2009

According to the Federal Reserve History:

The Great Recession began in December 2007 and ended in June 2009, which makes it the longest recession since World War II.

In history we are most likely going to start looking back and saying yes we are in a recession.   If you look at the graph from Google Trends you can tell people stopped searching for the job market after 2009 and it started to decline.   We really need to stop denying this and just buckle up and be ready to slow our spending and slow down trying to spend.   If you have any debts, it is best to pay them off as quickly as possible and try to not spend to much right now.  Here’s another indicator that people are starting to ask the important questions.

Is the Job Market Bad? 2004 to Present

Understanding that people are searching for stuff like this can help you see how many people are actually asking these questions.   If the Economy is so strong and working properly, then why are people asking these questions, should be your first question?

As you can see people are asking “is the job market Bad” and that is something you should consider when you look at the stats.  Why are a lot of people asking the same exact question.   I drilled down and looked and I see people are searching for Remote Work, WFH, Work From Home,  Job Fairs, and other things that seem to indicate how many are actually looking for a job.

I am sure there are some people who will say this doesn’t mean that we will be in recession but I honestly think we will or we are in a recession right now due to how hard it is for people to find a job.   This could also be considering us into a Depression that looks like a recession.   I can’t tell right now but I do know Something isn’t quite right.

Biden Economics as some would say would refute this because it’s being the year of the presidential elections and they don’t want you to know this.  If you haven’t looked at how it is going down then you should check it out how many people are starting to doubt that this will help them in finding work.  Just to clarify what it is:

Biden described his economic philosophy via Twitter in June 2023: “Bidenomics is about growing the economy from the middle out and the bottom up, not the top down.  Wikipedia

Conclusion and Thoughts

Google trends Past 12 months

Finally we come to the conclusion of this because it really looks like we are not at stable as the Government is actually telling us and we should be careful to, not repeat their comments, because until you actually do your own research you will not truly understand.  I’ve been researching this for the past three weeks due to my layoff.  I’ve even researched, what others are saying on video.  You should check out the Friday Video Posts to help you see what others are saying.  I honestly think we should tighten our belts and stop spending as much as possible and try to find ways to buy food cheaper.  You should try to find a job anyway you can, I have yet to find a way to do it but I have been trying and get the dreaded letter that they haven’t selected you for the next step.  It can be quite depressing but it is just a matter before I find a job.

Are you jobless and have similar experiences why not leave a comment and tell people your experience so they know they aren’t alone?  We are all in this together.   We just need to keep encouraging people that are having the same situation and tell them you’re not alone.

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Friday Video Picks : 2/9/24 Job Market and Aggressive Layoffs in March

Aggressive Layoffs in March(2024)!

Economists estimate that we will have aggressive layoffs in March.   A very thorough look at what it could become like in the later months.   I am not going to say that she is right but I do think she has some very good points.  If you haven’t seen this video you should watch it and decide for yourself how much of this will happen.   Is there going to be a recession in 2024? Some information in this video actually shows me that someone is messing with the labor numbers and it is worse than than the US wants us to believe.   I am not going to say that we aren’t already in a Recession but I wouldn’t think we will be finding the jobs easier than we did in the past.   This is probably a good time to pivot and start applying to other jobs that are away from the tech industry for a time and then maybe when this is all over with you can come back to it.

Are they Lying to use about the Job Market?

Hyper Specialization is one thing that might be causing them to lie about the job market and this video goes into even more details about it. I’ve suspected something was going on with the job since I have started looking for a job the last few weeks. Nothing seems to correlate with why I haven’t gotten one interview in the last few weeks unlike previous where I could apply and have an interview at least once a week or twice a week and be feeling like I am accomplishing something.   This industry is not looking good for the for see-able future and we are going to have to consider other ways to make money.

I’ve been Applying

I will say that I’ve kept applying for jobs that I know I could do because of the my work experience.  I haven’t been in IT long so I have Production, Forklift, and Grocery store experience.   The problem I think is that with the mass amount of layoffs going on everyone is trying to find any job they can and that means everyone is applying for the same jobs and those in bigger cities will see applications for general work also skyrocket.  So the real questions is why does it feel harder to find a job and even get an interview than ever?  I’d be curious as to how long this will last but I am not going to hold my breathe on how long it will be before the real numbers actually show us that we are in the a Recession.

I’ve researched this as much as possible while not looking for a job to find out what I could do to get a job and so far everything I am a seeing is not promising and we should just tighten our belts on this to make ourselves get through the storm.   I am going to keep applying for jobs and networking to try to find people who might be able to get my foot in the door for places that I can work and hope that this doesn’t get to serious in the coming months.   I’m still hanging on to the fact that someone will hire me and let me work in IT but I will have to start looking other places also like Remote work, and Work From Home Jobs.  Again those will be flooded by people trying to find jobs and you are going to be Ghosted and forgotten most likely due to the high volume of applicants.  I don’t see this coming out any other way but we must be willing to take whatever we can to survive.

Are you looking for a job?  how is it going for you?  Have you had any success with interviews?  Leave a comment and tell me your story, I’d love to connect and find out what others have done and if they have had any interviews that didn’t pan out.   Remember subscribe to my blog for even more topics about this and other stuff.

Western Digital To Shed 2,500 people from the workforce!

I saw this on Engadget and had to talk about this.    If you are getting Laid off.   This will be over shortly,  I am sure of it!!!

[ad#ad2-right]Just in time for the holidays, it’s Tickle Me Layoffs. Western Digital is cutting loose 5% of its workforce — that’s 2,500 more people who’ll be staying home against their will. Hey Nintendo, why are you so happy?

[Via Engadget]

This is sad just before the holidays people will have to stay home and worry about the coming year.   I hope they get some help with the government.   Where is the second check that we are supposed to get?