Tuesday, May 12, 2020

This Is Starting To Look Real Familiar

Happy Tuesday, Dear Readers.

I remember with visceral clarity what the job market was like between 2008-2012, which was both time for me to go to grad school and trying to acquire a job. It was hectic and messy, frustrating and rewarding.

I remember the fallout of the mass layoffs in 2008 that happened; companies realized they could get people with decades of experience on the cheap, compared to the salaries they'd been paying just a few months prior. Suddenly all the jobs that we as grad students had been eyeing to apply to when we were closer to graduating were out of our reach, as companies were less interested in our shiny new degrees and more interested in snatching up all the people with 10-20 years' of industry experience.

Only in the past five years or so, have I noticed the ludicrous requirements for jobs have slowly relaxed a bit, to something a bit more sensible for employers to look for and expect from applicants. However, with the mass layoffs of March and April 2020, I have seen a return of higher requirements, including more years of experience in general, more years of experience regarding certain job tasks, more certifications, etc. However, I do not think it will work as well for employers this time.

It worked 12 years ago was because the eldest of the Baby Boomer generation were setting out to retire, and with the layoffs happening in 2008, it mangled their retirement plans to a point that they had to get rehired and keep working. Now though, most people in that age range have either already retired or were at a good place to retire when the 2020 layoffs happened, and I think a lot of them will choose their health over the rigmarole of trying to get rehired during a pandemic.

I sincerely hope that when businesses open up again that people will be offered their old jobs back, and that they are hired back at a non-reduced rate of pay. I sincerely hope that people are able to find a job that they love to go to by the end of all this. I sincerely hope that, when all is said and done, we can learn from what we have experienced and be better people and a better society.

Have a good week, Dear Readers. Take care of yourselves.

-A.M.W.

No comments:

Post a Comment