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The Job Market Rebound Is Going To Catch Everyone Off Guard
For some companies, a job-seeker’s market won’t be a good thing
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I’ve got good news about the job market.
And some bad news.
The good news is that this perennially iced-over and zombified market is finally, slowly starting to thaw. Both survey data and anecdotal evidence point to an uptick in hiring in the near future.
But let me tell you something about a thaw. I spent my youth frozen in upstate New York (315 until I… die?). And every year, right around now, we’d get a similar thawing of all the ice and snow that had built up over the previous four-to-five-to-twelve months.
Everyone loved that thaw, but because the snow had sat for so long, it had built up into a gray mass of grime and filth. And when the snow melted, that grime and filth remained to cover every surface.
The bad news is, in much the same way, when the frozen job market does indeed melt, the whole system is going to be left under a filthy film.
Metaphorically.
I’ve spent a good part of the last 12 months uncovering the growing issues plaguing hiring, especially in tech, for others and for myself. So I’ll be celebrating the thaw.