It hasn’t been this hard for Americans to find work since 2021

Guno צְבִי

Guno צְבִי

We fight, We win, Am Yisrael Chai
Layoffs may not be mounting, but it’s getting harder to find a job in a labor market where hiring is “anemic” as tariff-driven economic uncertainty has put a chill on some employers.

New data released Thursday showed that initial claims for unemployment benefits — considered a proxy for layoffs — fell last week. However, the number of recurring claims made by people who already have filed for unemployment rose to their highest level since November 2021.

“It’s difficult to find a new job right now. Young people are struggling to get their first jobs and anyone who has been laid off is having a hard time landing their next role,” Heather Long, chief economist at Navy Federal Credit Union, wrote Thursday. “The labor market is frozen outside of healthcare, education and law enforcement jobs. Hiring is anemic in other sectors as companies remain cautious in this environment.”

 
Guno צְבִי said:
Layoffs may not be mounting, but it’s getting harder to find a job in a labor market where hiring is “anemic” as tariff-driven economic uncertainty has put a chill on some employers.

New data released Thursday showed that initial claims for unemployment benefits — considered a proxy for layoffs — fell last week. However, the number of recurring claims made by people who already have filed for unemployment rose to their highest level since November 2021.

“It’s difficult to find a new job right now. Young people are struggling to get their first jobs and anyone who has been laid off is having a hard time landing their next role,” Heather Long, chief economist at Navy Federal Credit Union, wrote Thursday. “The labor market is frozen outside of healthcare, education and law enforcement jobs. Hiring is anemic in other sectors as companies remain cautious in this environment.”

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Job creation has really tailed off since last year
 
Guno צְבִי said:
Layoffs may not be mounting, but it’s getting harder to find a job in a labor market where hiring is “anemic” as tariff-driven economic uncertainty has put a chill on some employers.
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I can drive down the main drag in my town and see 10 "now hiring" signs in less than a mile.


New data released Thursday showed that initial claims for unemployment benefits — considered a proxy for layoffs — fell last week. However, the number of recurring claims made by people who already have filed for unemployment rose to their highest level since November 2021.
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See above.


“It’s difficult to find a new job right now. Young people are struggling to get their first jobs and anyone who has been laid off is having a hard time landing their next role,” Heather Long, chief economist at Navy Federal Credit Union, wrote Thursday. “The labor market is frozen outside of healthcare, education and law enforcement jobs. Hiring is anemic in other sectors as companies remain cautious in this environment.”
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Young people are finding it difficult to find jobs? Even with all those fancy gender and DEI studies and diplomas? Oh NOOO!!!!

A cop in my town STARTS at $56K a year plus the obvious benefits(health, dental, insurance, etc.).

Nationwide average salary for a high school teacher is $54K.

Median salary for a registered nurse in Florida is $60K.

Something you didn't mention. Military recruiters are open every day, and starting pay for an 18 year old E2 private is $31K a year.

These people (especially young people) need to suck it up and put on their big boy pants. Most importantly, they need to manage expectations.
 
Stone said:
Just mostly..... :ROFLMAO:
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maybe mostly, but I know that for myself, it's been extremely difficult to find a new job. For my specific skillset, companies are afraid to pull the trigger and hire. For other positions below my skillset, nobody wants to hire me if i'm going to leave in a month for a job that matches my skillset. For jobs just outside/above my skillset, nobody wants to hire me because there are others more qualified...............the catch 22 paradigm
 
Guno צְבִי said:
Layoffs may not be mounting, but it’s getting harder to find a job in a labor market where hiring is “anemic” as tariff-driven economic uncertainty has put a chill on some employers.

New data released Thursday showed that initial claims for unemployment benefits — considered a proxy for layoffs — fell last week. However, the number of recurring claims made by people who already have filed for unemployment rose to their highest level since November 2021.

“It’s difficult to find a new job right now. Young people are struggling to get their first jobs and anyone who has been laid off is having a hard time landing their next role,” Heather Long, chief economist at Navy Federal Credit Union, wrote Thursday. “The labor market is frozen outside of healthcare, education and law enforcement jobs. Hiring is anemic in other sectors as companies remain cautious in this environment.”

Click to expand...
The June jobs report indicated that almost all job growth was in government jobs and healthcare.

Manufacturing and professional services actually lost jobs.
 
Guno צְבִי said:
Layoffs may not be mounting, but it’s getting harder to find a job in a labor market where hiring is “anemic” as tariff-driven economic uncertainty has put a chill on some employers.

New data released Thursday showed that initial claims for unemployment benefits — considered a proxy for layoffs — fell last week. However, the number of recurring claims made by people who already have filed for unemployment rose to their highest level since November 2021.

“It’s difficult to find a new job right now. Young people are struggling to get their first jobs and anyone who has been laid off is having a hard time landing their next role,” Heather Long, chief economist at Navy Federal Credit Union, wrote Thursday. “The labor market is frozen outside of healthcare, education and law enforcement jobs. Hiring is anemic in other sectors as companies remain cautious in this environment.”

Click to expand...
maybe ICE is going to be hiring soon
 
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