The change was quite shocking. For 25 years, to get a new job I’d send out 5 resumes, get 4 interviews, and 3 offers. This time around, I sent 200+ resumes, got 2 interviews, and ghosted on both.
I think employers are bracing for another employee sided market and trying to juice their hand as long as they have it. My belief is a lot of F500 companies are running on skeleton crew H1B which might be a crumbly foundation. They will neg-neg-neg until the clock runs out.
What would happen if we uncapped the TFW/immigration/offshoring programs but essentially made it cost enough that you could give the displaced a locality adjusted floor wage?
I have gone through something similar where I won’t feel motivated to even pursue the interview properly because I’ve been burnt so many times already. Yes you just need one yes (ideally more for negotiating leverage) but those 1-2 offers are damn hard to come by these days