Unemployment is on the Rise!
As you can see this is the current unemployment rate from the BLS reports. If you want to dig deeper, you can but the real concern is that it has jumped from 3.5%( Last June 2023) to 4.1 This year. That’s a .6% rise in a year and it’s not going down. Unemployment is going up and if we look at the unemployment rates from 2006 you can see once it started to rise, it went fast upward. This seems to be the something that will happen again. We might not get up to 10% but we will get past the 6% to 7% rate and it might even stay there for some time. I’d say maybe a 1 or two years. The Feds might have to do something soon to prevent this from going higher than that this year by introducing rate cuts in the coming months.
Fake Jobs and Scams are on the Rise!
Ghost Jobs, and Fake Jobs are being posted on every job board around just to bolster the companies moral and keep employees happy. I’m even seeing more job scams getting into my email box and I even documented some of the ones that I have seen in the past few weeks. Here’s a small list of them:
- Prevailing winds of Job Scams being on the Rise in 2024
- Job Scams that seem too good to be true
- Why companies are claiming Entry Level Positions on Job applications!
I’ve talked about some of these are more in the past and I’m really concerned with where the job market is right now and what companies are doing to the job seekers and potential new employees. Is it morally right to go through the process of interviewing candidates if they aren’t going to hire you and is it even right to put up those jobs if you aren’t really hiring. I’d says it is but I am sure others would disagree with me. I understand the concept.
Job Interviews
I’ve got a job interview with a company in the next two weeks and they have reposted the job on Linked-in. That seems more than smells of something rotten but I will patiently wait and see what they do when I go through the interview. I am dubious that they aren’t going to hire me but I have to make an effort to do that. Another company which is local is interviewing me and wants me to come back in for an “IT Support Analyst” position, which I don’t understand but I will go and do the interview with someone else for one reason or another. Is the job market so bad that companies are being ultra picky on who they will hire and who they want to join their team? I would say most likely yes and it’s really one of those things we will have to see in the coming months. The pendulum has swung to the employers side and we are just going to go through the motions of trying to find a job and go through more excessive interviews to get that one job we are looking for to being able to survive the impending recession, which we may already be in.
Have you had any fake job stories you want to talk about, why not leave a comment and tell us your story. I’d love to hear your experiences on the subject matter and maybe it will help others avoid the same mistakes.
