But just as the market can't sustain obscene real estate prices, I don't think the job market will remain so heavily candidate-driven forever either. In the event of a recession, I think we will see the job market change much faster than if we don't have a recession. To return to my 2008 comparison, if you had a job you could even halfway tolerate at that time, you did whatever you had to do to keep it. The fear of being unemployed and having no options was palpable.
-https://causeyconsultingllc.com/2022/04/04/when-the-pendulum-swings/
Published on April 4, 2022
It's like the cliché: history may not repeat, but it sure does rhyme.
We've reached the point where workers looking for fully remote positions is higher than available fully remote positions. The competition for those roles is intense. Hiring managers seem to be increasingly stubborn about demanding RTO. I understand this will sound quite cynical indeed, but: who do you think will ultimately win the battle? Workers beleaguered by layoffs and a recession or Corporate America?
Links I discuss in this episode:
https://www.axios.com/2022/12/04/remote-jobs-linkedin-supply-demand
https://www.washingtonpost.com/business/2022/11/27/remote-jobs-economy/
https://belmontstar.com/a-bear-market-jobs-what-you-need-to-know/
https://causeyconsultingllc.com/2022/07/04/the-great-resistance-may-cost-you/
Need more? Email me: https://causeyconsultingllc.com/contact-causey/