My feeling is there are often factors which are not captured in job market statistics, which is why it's important to listen to the experience of grads seeking jobs. When I graduated in 2018, it took me a whole year to land a job (graduated with first class honours in electronics engineering in Australia, with 7 months overseas experience working for a chip design company in germany and a research scholarship at university). I came across job interviewers who had very irrational approaches to hiring, which I suspect was partly because they had too many applicants and were overworked processing them. One medical hardware company turned me down because they said I was overqualified and would get bored and quit. Overqualified as a grad. What a joke. I just needed a job before the next round of grads came out and left me forever shut out of my future field. It was a massive shock to my system as I had done nothing but work hard for years to get top marks and industry experience, and it still wasn't satisfactory (also building projects to showcase in interviews). I feel for new grads.
y0eswddl|5 months ago
they absolutely manipulate the numbers and choose a formula that doesn't accurately represent most people's feelings about the market. I always trust a lot of anecdata over the "official" numbers - word of mouth almost always indicates a problem before the official numbers do.
squishington|5 months ago
gruez|5 months ago
Examples of this?
starky|5 months ago
In aggregate yes, but in an individual sense I'd be very careful. There are a lot of people out there that are just bad at presenting themselves in a way to get hired. While the people that are good at it are likely getting hired pretty quickly and aren't thinking much about it. This can make it hard to get a good sense of how difficult it is to get hired. Additionally, the current general mood about the economy frequently gets ascribed to someone's current experiences.
Not saying today isn't super difficult though. I think the video has quite a few good points, especially around the risk of not hiring junior employees. Its thankless to do that though, as a business you spend a lot of time and money training up someone to be good at their job, and most of them will leave to another job after a few years, and you are hoping someone else has done the same for you to hire someone at a mid level to replace them to keep the team in balance.
unmole|5 months ago
Anecdotes from people who didn't experience any other hiring market?
squishington|5 months ago