State of the Market

[ladymuck]

Do not open a coffee shop. You won't make money and will only lose money. The volume of transactions required is high and people don't want coffee after 2pm, generally. I don't know a single person that has opened a coffee shop, even in a good high transaction area, that hasn't lost money and eventually had to shut up shop.

That's why you see so many come and go.

Agreed. Open a wine shop instead.

[avonleigh]

Yup blame the kids. Dead market is nothing to whatsoever to do with the general state of the economy, or rates of investment in the UK. And if you can't pin the blame on the kids, well it must be the small boats, or the French, or the weather, or AI, or ...

Encouraging to hear that Jobserver numbers are up around 40K though!

Where exactly did I blame the kids? Did you actually read my comments? My comment had nothing to do with the state of the market. It was just about kids have different mentality than my generation.
State of market is down to a mixture of ir35, brexit, outsourcing and successive incompetent governments and possibly AI (although not convinced on that)

[hobnob]

I'm blaming it on the WFH brigade. What we have in mainstream recruitment is a bunch of kids who are basically doing absolutely FA. They've 'learned their trade' sat at the kitchen table since lockdowns, nobody to press them, challenge them, teach them how to be professional, courteous, how to pick up a phone and call people, how to answer the phone when people call, etc. I attribute a lot of what we are seeing to this. There are some good agents but as you say, the millenials and beyond aren't them. Most of the really good agents I knew from my London days are long gone. Replaced by this shower. I honestly believe if these people were back in the office 5 days a week and supervised, trained, etc, we'd all be in a better place.

I don't think that's a Millennial issue. They were born between 1981 and 1996, so most of them are in their 30s now, with some in their 40s. I.e. they would have been working in offices for several years before lockdown started in 2020. If you're talking about generation Z (born between 1997 and 2012) then you might have a point; even then, their parents should ideally have taught them how to make a phone call long before they entered the workforce.

[sadkingbilly]

Well most of my friends and people I speak to share my sentiments.

Quite.