this post was submitted on 05 Sep 2023
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With all those laid off people searching at the same time it's also very hard for anyone with pretty much zero work experience on their resume trying to break into the workforce.
100%. A ton of people are being forced to downvalue their experience just to start getting a paycheck again. It’s gotta be brutal for the entry-level set.
Just wait, in about 10 to 20 years, people will be complaining that not enough young people are doing those jobs anymore. (Some people already are to an extent, lol. They probably have no idea about this though.)
What a horrible situation. I hope that everyone is able to find sustainable work. I can't imagine suddenly losing most of my salary while being left with the same bills.
Sorry kids, not enough bootstraps to go around.*
* this will not excuse you from being held accountable for your station
I'll go ahead and tell you. It's absolutely terrifying. Especially when you have a mortgage. I was laid off on July 5th and took an entry level tech job just to pay the bills. I try not to think about the 49% pay cut and I'm just glad my wife and I don't have kids.