That's exactly what's going on, they're calling it 'Ghost jobs' and
they've been reporting on them recently. Some say that almost 70 percent of job postings are fake and put up so the company can appear to be growing. Or so that the people already hired in those positions have a fire put under their ass. Or so that the hiring managers can just collect resumes until they need to hire someone. I got a little pissed off reading about it because the HR people that admitted it basically went 'yeah it's really bad if you get caught doing it because then everyone will know you're a slimy liar but hey it helps grow revenue and keeps us employed so whatevs'. Fuckin HR types, I swear to God.
We're getting gaslighted to death, it started with the coof, I think many politicians couldn't believe how most people would just go with any dumb shit they said and got used to that. They changed the definition of vaccine in dictionaries and encyclopedias, telling companies to post fake jobs to pretend the economy is booming and there's no unemployment but actually a lack of employees and anyone without a job is a lazy loser fits this strategy.
Now this only applies to the uk but I recall an article saying that the job search industry just in that country is 120 billion pounds. That's a huge amount of money and positions dedicated to get other people employed, what happens when there are no jobs? you create fake ones to pretend you're still useful and keep siphoning money mostly from the government.
I've been hearing for at least 4 years that young men are swarming into trade schools
They sure were memeing it hard, places like 4chan, fb groups, places where broke-ass zoomers hang around basically, it was all about the trades, flexing on the wagies in their cagies while you make more than them working out in the sun, ignore the electrician missing both arms due to an arc accident, don't pay attention to the contractor that just 30yo but has a busted spine and slipped discs, and please please please don't ask oil rig workers how safe that job is.
Building relationships is priceless in the age of nepotism.
Yeah it fucking sucks, meritocracy my ass...
Despite this, the shortages are really noticeable in consulting/public infra. Banking (particularly real estate & risk management) seem especially hungry and they're hunting for graduates even without a finance/economics/data science backgrounds
Gonna have to ask which country.
I feel that way about every place that lets customers walk in throught the front door these days. Every department store is quiet, all the restaurants and bars that used to be busy every weekend have no wait times for a table now.
TBF IDK how much of that is due to inflation, "not-a-recession"-recession or that fact even broke ass neets get doordash and amazon delivered to their hovels now.
It's like what you said about Cobol and companies not wanting to improve things because it's too expensive: that's the penny-pinching attitude that everyone in charge has today. Business stagnated because the money stopped flowing and shit's starting to rot if it hasn't already.
Wouldn't say the same since at the end of the day COBOL still works, no bank or company is losing customers because "ewww you losers still using mainframes?", its more a case of "if it isn't broken". What surprised me is the shitty pay and shitty conditions for COBOL devs despite the fact entire tracts of our society rely on systems build with that language to function. If a mobile app to tract tranny menstrual cycles goes down nothing happens, yet mobile devs make easily 3x more than COBOL devs. And yet I hardly see any new devs for the later and a lot of straight-up dead ones.
And tbh, I kinda want most of it to just crumble because the corporations that reigned supreme for so long need to fall so something new can finally happen.
I think retail is not coming back, this contraction is not temporary, people got used to ordering shit to their homes just like they got used to work from home and now office real estate is about to implode.