Reddit user finds job market seems bleak, but people are still getting hired daily.
From Yahoo Finance: 2025-06-21 15:00:00
A Reddit user found that Reddit can make the job market seem worse than it is. Despite negative posts, people get hired daily. Some fields like tech, education, medical, and finance are booming. Recent grads struggle, with some unemployed for years. Nursing and teaching have high demand but experienced workers are preferred.
Recent data shows 139,000 nonfarm payroll jobs added in May, keeping the unemployment rate at 4.2%. Private-sector hiring continues, proving that people are getting hired daily. Despite Reddit’s negative skew, the job market is functional. Job seekers are encouraged to keep going despite discouragement. 1. The stock market saw a significant increase today, with the S&P 500 closing at a record high of 3,389.78. This marks a 0.6% increase from the previous day, fueled by positive economic data and strong corporate earnings reports.
2. The Federal Reserve announced that it will keep interest rates near zero for the foreseeable future in order to support the ongoing economic recovery. This decision comes as unemployment remains high and inflation remains below the Fed’s target rate of 2%.
3. In tech news, Apple unveiled its highly anticipated iPhone 12 lineup, featuring 5G capabilities across all models. The new phones are expected to drive strong sales for Apple and further solidify its position as a market leader in the smartphone industry.
4. Tesla reported better-than-expected earnings for the third quarter, with revenue reaching $8.77 billion. The electric car company also announced that it delivered a record 139,300 vehicles during the quarter, surpassing analysts’ estimates and signaling continued strong demand for Tesla’s products.
Read more at Yahoo Finance: A Jobseeker Says Reddit Paints A Bleak Job Market. But Then Admits People Are Still Getting ‘Hired Every Single Day. That’s A Fact’