State of the Market

[TwoWolves]

I don't think I've ever seen the market so bad in my 30 years of contracting. There is almost nothing on the boards and every role has 100s of applications, I only get a call from an agent a couple of times a week and rates are plummeting.

Even the handful of perm roles I've applied to have all been rejected without an interview.

Looks like the big one.

[BigDataPro]

I don't think I've ever seen the market so bad in my 30 years of contracting. There is almost nothing on the boards and every role has 100s of applications, I only get a call from an agent a couple of times a week and rates are plummeting.

Even the handful of perm roles I've applied to have all been rejected without an interview.

Looks like the big one.

+1

To me, 2023 is much worser than 2007!

[dsc]

[...]I only get a call from an agent a couple of times a week and rates are plummeting.[...]

Could be worse, be glad you are still getting calls...

[PCTNN]

I don't think I've ever seen the market so bad in my 30 years of contracting. There is almost nothing on the boards and every role has 100s of applications, I only get a call from an agent a couple of times a week and rates are plummeting.

Even the handful of perm roles I've applied to have all been rejected without an interview.

Looks like the big one.

Fortunately you have contracted for 30 years so all those years of high rates, low inflation, no ir35 mess should have set you up real good with how many...1...2 additional revenue streams? Had I been contracting for that long and in those years I'd have a solid property portfolio and very chunky pension after 30 year. Why are you even looking at roles, that's my question.

[biergarten]

Fortunately you have contracted for 30 years so all those years of high rates, low inflation, no ir35 mess should have set you up real good with how many...1...2 additional revenue streams? Had I been contracting for that long and in those years I'd have a solid property portfolio and very chunky pension after 30 year. Why are you even looking at roles, that's my question.

so your point is? apart from wanking...

[PCTNN]

so your point is? apart from wanking...

is it too difficult for you to understand? I don't think I can dumb it down any more.

[JustKeepSwimming]

is it too difficult for you to understand? I don't think I can dumb it down any more.

They understand, we all understand, their point is you're being a dick for no reason.

FYI, not all contractors are on 'high rates'.

[avonleigh]

I don't think I've ever seen the market so bad in my 30 years of contracting. There is almost nothing on the boards and every role has 100s of applications, I only get a call from an agent a couple of times a week and rates are plummeting.

Even the handful of perm roles I've applied to have all been rejected without an interview.

Looks like the big one.

Yep, been contracting 25 years and never known it anywhere near this bad. I am getting no agents calling anymore. Nothing at all for at least 3 weeks. Guess a lot of agents have been laid off now, so don't even get any calls asking what I am up to currently. Don't see it improving any time soon either unfortunately after a report today that interest rates will remain high for the next 5 years.

[avonleigh]

They understand, we all understand, their point is you're being a dick for no reason.

FYI, not all contractors are on 'high rates'.

100%

[JustKeepSwimming]

Don't see it improving any time soon either unfortunately after a report today that interest rates will remain high for the next 5 years.

Average interest rate from 1977 to 2023 was 7.11%.

5% is not 'high' and it's shocking how many pundits don't seem to grasp that and wedded to the belief that 0% is normal.