Job seekers could soon face an 'employer's market' as unemployment rate rises | Hacker News Reader

Job seekers could soon face an 'employer's market' as unemployment rate rises

globalnews.ca

31 pointsrustoo26 comments

This is a Canadian article. Canada is one of the fastest growing countries in the world with a quarterly population growth rate of 1.1%. This country is run by pro-immigration extremists and I don’t think it’s relevant for the audience here. Our job market is it’s own beast.

https://www150.statcan.gc.ca/n1/daily-quotidien/231219/dq231...

Is it extremist to be pro immigration? Or are they extremely pro immigration?

They are so pro immigration that they are extremists. The American equivalent would be your population growing by 14 million in the last year. Would you support this? Our unemployment rate is rising and we have a severe housing crisis but they will not reduce the rate.

US gets approximately 0.5% to 0.7% population growth from immigrants, Canada is gets around 1% to 1.2%.

But US gets 2+ million illegal immigrants annually, which adds another 0.6%.

So US and Canada both have very similar immigration rates after all.

There are some very vocal anti-immigration people in Canada - like the grandparent post.

It is not anti-immigration to not want to be the fastest growing country in the world.

Indeed. If you can’t protect yourself from your government’s efforts to keep wages suppressed through importing labor while also ignoring the housing crisis, it is logical to be anti immigration. That’s not racist or xenophobic, that’s economic self preservation.

C'mon, no.

In Canada it's openly discussed that recent immigration policy could be excessive. It's not a fringe anti-immigrant viewpoint, it's discussed in the media and at the dinner table.

Canada is a very pro-immigrant country, but there is nuance in the discussion

https://abacusdata.ca/unmasking-public-unease-with-canadas-i...

"Our job market"? Is hacker news only intended for a US audience?

Canada, like most other global north countries (regions), cannot maintain its economy - at least in the expected way, that is of ever-increasing GDP as has been the trend for the last 75+ years - based upon birth rate alone. We are below the replacement rate. Demographics, another aspect of the so-called poly crisis whereby we see and interact with the world through the lens of the left-brain hemisphere, isolated and reductionist, rather than a necessary and more holistic "big picture" global view.

For an interesting and relatively plain language view:

https://www.ecosophia.net/an-unfamiliar-world/

We could reduce our immigration rate by over 90% and still have net-positive growth. Why is birth rate relevant?

This is a bad argument. The birthrate is bad IS because the economy is badly ran. The per capita gdp is shrinking and people just can't afford the kids in Canada. Canada economy is essentially controlled by various cartels. The housing crisis is manufactured. Importing people is a vicious circle.

If you really want a positive example about how a Developed country can be with an ok birthrate without much immigration. Look at Japan

Is the last one a joke? (I'm asking for real if it was sarcasm) From my understanding, Japan birthrate is dramatic.

If it is not intended as a joke, and I completely apologize upfront, the tone can't be conveyed through chat, could you expand a bit?

My poor knowledge was that Japan's birthrate is possibly the example of "things going bad"

Not a joke. Considering Japan has almost 0 immigration birthrate, the population is almost purely domestic, the number is really not that bad. China and Korea are much worse.

>cannot maintain its economy - at least in the expected way, that is of ever-increasing GDP as has been the trend for the last 75+ years - based upon birth rate alone. We are below the replacement rate.

For analysis of any arbitrary economy, why should the economic-performance layer be in any way coupled to the number-of-people-living-in-the-country layer? I've been through two microeconomics classes, and one macroeconomics class, and none of the professors said "By the way in order for our theories to hold up you need to birth more people, so get cracking."

Old news. It’s been an employers market for a while now.

Those migrating to Canada causing economic troubles rarely search for jobs though? It's the china escaping chinese upper crust, who, similar to home, mainly invests in buildings and let's other work for it. What could they even work as? It's as if the landlords aka ubi experiment Nr. 1 doubled over night.

Managing a state owned mobbster outfit by right of birth is not a talent, nobody needs that and if it were needed, Im pretty sure such a extractive upper class could be spun up from local "talent" buried somewhere.

It's been an employer's market in tech for more than a year now.

As an HN reader with a tech mindset, I was like "soon?!?"

I guess the study is valuable since the overall job market has been strong this past year.

There has been a slowing down in many many places the last year.

The reason why the stats doesn't show might be because some of job counting people also lost their job. How are these stats being made ?

LOW skill people worry about immigration. When I create a job position it goes out to EVERY qualified person from the world, and that is how should it be. There are no such things as "Canadian" jobs or "American Jobs". IF you can't accept it GTFO of Tech. I hire people from IIT, Tsinghua, Oxford, Cambridge, Caltech, Stanford. You want GOVERNMENT to protect you from your incompetence?

After watching the best, most world class programmers in the world, who already worked on things for Blizzard, Microsoft, Meta, etc. get laid off, it’s pretty clear it’s a lie and not about “incompetence” or “competition” - record profits and layoffs of world class people? Clearly it’s a lie to boost the earnings of wealthy people.

Problem is, sometimes you don't need the best-world-class coders, you need cheaper coders to align a button.

So it’s either your fault because you’re incompetent or your fault because they need someone cheaper?

It’s funny that any way it turns out it’s anti-worker.

A little class consciousness would go a long way.

I can assure you that you are not hiring the best and brightest. The best and brightest left this bullshit system years ago and are doing their own thing

Then Up your skills. Don't compete in that space. If you can so easily be replaced by people from India making less than 10 dollars an hour, it is time to upskill. This reeks of anti immigration bias. There is no such thing as an American or Canadian job.

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