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by ChicagoDave
1 day ago
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There are a number of reasons I’d site for the current job market tightness: - political: there’s an enormous amount of uncertainty here. All businesses make plans and uncertainty puts them all on pause. - economic: related to political, but we’re teetering on a very bad recession. Watch where national oil reserves go. - AI: I throw this in with every new technology that comes out. There is always a period of chaos before normalization. We’re still in the chaos phase. - Business Pain: Right now I don’t see any sector that’s in pain. Inflation has hurt consumers, but we’re still spending. When consumers lock it down, that pain comes back and job market shifts with it. I have no solution other than figuring out a way to do your own thing. There’s no better time to be a founder. |
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> There is always a period of chaos before normalization.
In this case, it's the normalization period that has people terrified.