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Fear of job loss hits its highest point in years—but workers won’t accept less than $81,000

⁨210⁩ ⁨likes⁩

Submitted ⁨⁨4⁩ ⁨months⁩ ago⁩ by ⁨return2ozma@lemmy.world⁩ to ⁨workreform@lemmy.world⁩

https://fortune.com/article/workers-salary-layoffs-81000-job-search-wages-survey/

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Comments

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  • NocturnalMorning@lemmy.world ⁨4⁩ ⁨months⁩ ago

    When cost of living goes up every year by 3-5%, you can’t accept dirt wages… it’s starting to feel like maybe we got a raw deal with this infinite boom bust cycle capitalism has created for the pleebs.

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    • pdxfed@lemmy.world ⁨4⁩ ⁨months⁩ ago

      starting to feel?

      Pacific is a puddle of water then eh?

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      • AngryCommieKender@lemmy.world ⁨4⁩ ⁨months⁩ ago

        Just a small swamp cooler

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  • LuxSpark@lemmy.cafe ⁨4⁩ ⁨months⁩ ago

    Wont accept or can’t?

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    • PunnyName@lemmy.world ⁨4⁩ ⁨months⁩ ago

      Aren’t being offered.

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  • PhilipTheBucket@ponder.cat ⁨4⁩ ⁨months⁩ ago

    Fortune is out here painting narratives. It’s okay, keep going, we’ll keep striking.

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  • recentSloth43@lemmy.world ⁨4⁩ ⁨months⁩ ago

    Should i work a soul crushing job and starve? Or not work a soul crushing job and starve? Such a hard choice!

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  • wonderfulvoltaire@lemmy.zip ⁨4⁩ ⁨months⁩ ago

    Where are these jobs you speak of which such a salary

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    • Taco2112@lemmy.world ⁨4⁩ ⁨months⁩ ago

      The trades: carpentry, plumbing, roofing, etc. Plus side, it doesn’t require a degree.

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      • Showroom7561@lemmy.ca ⁨4⁩ ⁨months⁩ ago

        Basically, jobs that destroy your body, so you can’t work past 55 anyway.

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      • roofuskit@lemmy.world ⁨4⁩ ⁨months⁩ ago

        Better save and be prepared to retire early.

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      • unbanshee@lemmy.dbzer0.com ⁨4⁩ ⁨months⁩ ago

        Where I live, two of the three trades you listed require completion of 4-year apprenticeships, including a minimum of 6 weeks of in-school technical training per year. It’s much cheaper to train as an apprentice than it is to pay other post-secondary tuitions, and you earn an income most of the time you’re an apprentice, but the reality is a lot more complicated.

        And it’s also very easy to be employed in most trades and not make that much. It depends on which trade you’re in, how much punishment you can take, and whether you’re in a union job or not.

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    • Death_Equity@lemmy.world ⁨4⁩ ⁨months⁩ ago

      Trade work, office type jobs in big cities with an established career, police, and Onlyfans.

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      • Bronzebeard@lemm.ee ⁨4⁩ ⁨months⁩ ago

        Most only fans creators aren’t even able to pull min wage. It’s a side gig for all but the top percent or two.

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      • DragonTypeWyvern@midwest.social ⁨4⁩ ⁨months⁩ ago

        Police are an excellent example of why unions should be armed.

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  • w3dd1e@lemm.ee ⁨4⁩ ⁨months⁩ ago

    I’ve been trying to switch careers and get into software development. I look at a lot of postings and I see a lot of $40,000 “entry level” jobs that require 2-3 years experience and a degree.

    It makes me angry.

    Image

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    • horse_battery_staple@lemmy.world ⁨4⁩ ⁨months⁩ ago

      The years of experience are a filter, ignore them. Focus on if you understand the problem the team is trying to solve. Or if you can learn it in a reasonable time.

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      • SpaceNoodle@lemmy.world ⁨4⁩ ⁨months⁩ ago

        You know what we do with cover letters?

        Throw them in the trash.

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  • some_guy@lemmy.sdf.org ⁨4⁩ ⁨months⁩ ago

    An iteration of the survey taken in July found that 4.4% of respondents expect to lose their jobs in the near future. To put that into context, the only other time it’s ever hit 4% was when the pandemic struck in March 2020.

    That’s pretty stark.

    But despite fears they may be jobless soon, today’s job seekers won’t accept less than $81,147—up by almost $20,000 since March 2020. This figure is the average reservation wage of workers, which is the lowest wage at which respondents would be willing to accept a new job.

    I guess people polled are doing better than I’d expect. I thought a lot of people have to accept a fair amount lower than this. How many fast food workers are making this much? Maybe in California (where cost of living is also much higher), but I doubt it in Alabama.

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    • Showroom7561@lemmy.ca ⁨4⁩ ⁨months⁩ ago

      I thought a lot of people have to accept a fair amount lower than this.

      I mean, they could accept lower, but then they’d be homeless and starving but still employed, so they can’t get any benefits.

      Not really a choice they’d willingly want to make.

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    • PunnyName@lemmy.world ⁨4⁩ ⁨months⁩ ago

      California fast food workers are getting $20+ / hour but there’s no fucking way the average worker is getting 29+ hours a week. They’d be owed benefits.

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  • Lennnny@lemmy.world ⁨4⁩ ⁨months⁩ ago

    I just quit a $90k a year job due to stress, burnout, and the fact that the company was a total con and I could no longer shill their crappy AI product. I’ll be back on the job hunt in the new year and I’m not particularly looking forward to it. I’m actually contemplating taking something lower paid so the process is quicker and I have less to lose when it’s shit and I burn out again.

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