I started sending out resumes a couple of months ago. First few months - nothing. What few offers I got were not worth considering. In the last two weeks I started getting quite a few replies. Is this accidental, or is the market really improving? What’s your experience as of late? It would be encouraging if there are opportunities opening up. We would all be less stressed.
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Tech CEO's grovelling in front of a potus-elect is not the American greatness I wanted.
No, "stimulus" is scraps compared to regular government spending. Look at the deficit / gov spending generally. Want some? You're going to have to be corrupt, but there's trillions available, literally.
I have been contacted by former colleagues and others in different LOBs than my original team several times since I was displaced in July 2024. Displacement was “location driven.” Initial reaction was shock that the DE&I hires couldn’t hold down the fort. Hiring, developing and retaining people through the lense of race was supposed to lead CIB to the promise land. “Inconvenient truth” is what I think our fearless leaders would call that. Stay out of the Petri dish and save yourself some late nights making up for unqualified colleagues that are riding the wave.
@OP- what area of job market is starting to get better? Is your experience for technical roles like data science, Software Engineering or others?
@juh+1vWZZsG1
Your inflation point has been debated elsewhere. Going forward inflation "higher for longer", regardless of the fed, is IMO the point.
But your AI point....
Does the management think that "fargo" , the bank's chatbot, would replace people left and right? If this is the "hype" that this bank's management has about AI then management's vision is certainly lacking. Are you saying that the bank's success with "fargo" is used to justify the efficiency/lay off program?
Are you referring to when the fed gave out stimulus money back in 2020? That was several years ago yet inflation is still going up. Otherwise, where are people getting this money and how can I get some?
"Corporations" have no control over inflation, at all. That's all about that money supply. In absolutely shocking news, if you print a gazillion dollars and hand it to the population as "free money", they spend it. More dollars chasing the same supply, so what happens? Prices go up. Energy / fuel being artificially inflated by gov action doesn't help things either, that increases the price of everything else as well.
2 takes on this:
1 - The job market was always going to shift at the end of 2024. The hype around AI is diminishing, since it's not exactly replacing people left and right. Executive teams will start realizing they cut too deeply and must regain staff to operate safely.
2 - The decreased regulatory environment that is expected under the next administration will loosen up those pocketbooks a little faster than they were before. The corporations kept inflation and prices high in order to get Republicans elected, now they get the tax breaks, so they will goose the economy since it raises their share prices. No point cranking those profits when taxes are higher, right?
The wealthy win again while the workers and citizens will get shafted some more. Just watch the data and ignore your feelz.
@zja more than happy to let you, since my skill set will allow me to find a full-time remote job. You go be supervised for 40 hours a week, I do an important job that requires executive functioning.
Budgets are set and hiring is peak in Jan-Feb any and all years. Now is the time to strike, otherwise the rest of the year gets bleaker as the months go on. It's cyclical.
It has zero to do with Trump. New year budgets are opening. Develop some intellect.
What companies?
Yep. Nothing most of the year and ton of opportunities opening recently. Contract positions reaching out left and right. The trump effect indeed!
Job market is great now. All my displaced ex coworkers landed new jobs.
It is improving. I have resumes on job boards but haven't applied since 2020. In the last month, I have been getting tons of unsolicited recruiter calls and emails. To those recently laid-off, just get anything that is better than unemployment, just so your resume gap doesn't start to widen.
I hope you and your network do. I’m more than happy to take those jobs.
I have been getting many emails from recruiters for remote contract or full time in the office. I make sure to let the recruiter know that I, not anyone else in my network, are not interested in any in office roles.
I hope many others do the same.
Let's hope it's because it's improving!