Why The Job Market Is WORSE Than You Think

Damon Cassidy October 29, 2025
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Damon Cassidy

@damoncassidy

About

I’m Damon, a psychology student in Austin, Texas. This channel is devoted to the lessons I have learned from my own personal dances with anxiety, mental health, deep therapy, and personal triumph. Working in the finance industry for the past 5 years, I share my in depth understanding of personal finance, frugal living, and minimalistic habits. I hope that this channel is able to provide a sense of peace, and be a tool on your unique journey. Be the version of you that your younger self fought for. Business inquiries: [email protected] Personal email: [email protected]

Video Description

The job market in the United States is facing a new era of uncertainty as unemployment, mass layoffs, ghost jobs, and a growing dependence on AI reshape the workforce. From Gen Z graduates struggling to find an entry level job to seasoned professionals facing constant job insecurity, the system appears to be collapsing under its own weight. Platforms like LinkedIn, once built to connect people to opportunity, are now flooded with AI recruiters, fake listings, and companies posting positions that don’t exist. As the US economy continues to rely on offshoring, temporary workers, and the exploitation of the H1B visa program, many Americans are discovering that the dream of stable employment has become increasingly out of reach. This job market collapse isn’t simply about losing work—it’s about the growing realization that the modern economy no longer values human effort in the same way it once did. The rise of artificial intelligence has accelerated a structural shift across industries, from corporate offices to manufacturing plants, with algorithms determining who gets hired and who is left behind. Entry level workers are now competing against automation and overseas labor, while job listings remain active for months without any intent to hire. Behind the illusion of progress, millions are being filtered out by applicant tracking systems, profit-driven algorithms, and companies using AI to cut costs rather than create sustainable careers. The job market’s digital transformation has created a generation defined by underemployment, burnout, and the constant pressure to appear more “hireable” than the next person. Gen Z, now entering adulthood in one of the most unstable job markets in modern history, faces a system where education, experience, and even persistence no longer guarantee opportunity. The traditional career ladder has been dismantled by automation, outsourcing, and the relentless pursuit of cheap labor. The result is a culture of unpaid internships, contract work, and low-wage service roles replacing the stability that once defined the American middle class. On LinkedIn, countless job seekers spend hours applying to positions that will never be filled, while corporations continue to present themselves as innovators and community builders. Meanwhile, AI continues to blur the line between authenticity and deception, allowing fake recruiters, automated interviews, and manipulated job postings to dominate the employment landscape. The collapse of the job market reflects a broader failure of the US economy to adapt to the realities of a digitized world. As automation spreads and companies prioritize profits over people, the social contract between employer and employee has all but disintegrated. The consequences extend far beyond unemployment; they reach into mental health, family stability, and the collective sense of purpose that work once provided. From mass layoffs to the illusion of opportunity on LinkedIn, every aspect of the modern job search reveals a deeper truth—this isn’t a shortage of ambition or skill. It’s a structural breakdown in how society defines labor, success, and human value in an economy increasingly built for machines instead of people. #financialeducation #financialfreedom #history Contact Your Local Representative: https://www.house.gov/representatives/find-your-representative Layoff Tracker: https://layoffs.fyi/ H-1B Employer Data Hub: https://www.uscis.gov/tools/reports-and-studies/h-1b-employer-data-hub TJAAA Petition: https://www.change.org/StopGhostJobs Help Me Make A Difference: https://patreon.com/DamonCassidy?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink 0:00 Intro 0:22 Why The Job Market Has Lost It's Humanity 1:18 Why Gen Z Is Facing A HORRIBLE Job Market 2:06 Why The Job Application Process Is Completely Corrupt 5:01 Why Entry Level Jobs Demand Years Of Experience 6:15 Why College Is Doing NOTHING To Help Grads Get A Job 7:32 The Damage "AI Layoffs" Are Causing To The Working Class 9:47 Why Companies Are NOT Actually Doing Layoffs Because Of AI 11:16 Why Long Term Unemployment Is At Decade Highs 12:44 Why Ghost Jobs Are Making It Impossible To Get A Job 14:05 Why LinkedIn Is Overrun With Fake Recruiters 15:12 The Impact Of Stagnant Wages For Gen Z 16:20 The Cost Of The Modern Job Market Being Dehumanizing 19:20 Why The Job Market Feels Hopeless 20:15 How This Channel Is Actively Stopping Deceptive Hiring Practices Titles for the Algo! Why The Job Market Is RUINING Peoples Lives Why The Job Market Is WORSE Than I Thought The INVISIBLE Reason The Job Market Is Broken The HIDDEN Reason The Job Market Is Collapsing

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