Job market is absolutely brutal. In my company’s WeChat group we see parents of Columbia/Stanford/UT Austin CS majors with 3.9 GPAs essentially begging people from other teams if they have internship or part time openings for new grads.
American Economics Thread
- Thread starter Bernard
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Job market is absolutely brutal. In my company’s WeChat group we see parents of Columbia/Stanford/UT Austin CS majors with 3.9 GPAs essentially begging people from other teams if they have internship or part time openings for new grads.
My company isn't laying anyone off. But nobody that quits is being replaced due to hiring freeze.
But hey stonks to the moon, Mexican border, Best economy ever, blah blah blah
Boomers be like “why won’t those entitled Stanford CS grads learn plumbing and get a real job”.
Heico is the only American aerospace company you can own over the long term.
Common Prosperity with American Characteristics - that they could afford to go to those schools would suggest they are upper middle class to begin with. Plumbers certainly are not struggling filling their schedules where I'm at. In fact the plumber I had come fix my sink was so busy that it was too costly for him to come and collect his tools (opportunity cost of time) and collect payment that he just didn't bother coming back.
Are they international students or US citizens? That could play a major role in HR’s decision making. In addition, from what I heard, the CS bubble was mainly caused by tech companies over hiring software engineers/developers. So, if true, the job market is actually returning back to normal.
ABC, so US citizens.
Then it sounds like the popped bubble is to blame. The supply of potential software developers outweighs the currently falling need. I’m sorry to hear about that.
I think you shouldn't have done it. I would have held it until the 777X came out. Airbus has basically no competition to the 777-9. The factory building which used to make the A380 is now being used to make A320NEOs. It could take a couple years until it comes out though.
The points you made pretty much echoes what these experts said back in September of 2023 regarding the "CREDIT SHOCK IN COMMERCIAL REAL ESTATE" (CRE). It was posted by a member of this forum who's name escapes my memory but I took the chance to listen to the whole podcast and was not surprised to witness the drama behind "BACK TO OFFICE MANDATE" command by the majority of AMERICAN corpo employers since OFFICE REAL ESTATE/SECTOR is facing the biggest challenges vs other CRE components.
Here's the link to the podcast:
PiSigma
"the engineer"
Ya I heard this one before too. My company went fully back to office in October 2023 after 2 years of hybrid.
It's mostly the big companies being forced back full time. I have friends in smaller firms that work maybe 1 day in the office a week. And others that is 2-3 days a week with anywhere August. But these are all small companies that have about 100 people or less.
I'm interviewing for a VP position Wednesday and hybrid is the first question I'm going to ask about lol.