Thomas Perry

Barrister and Solicitor

Thomas Perry is an employment and labour lawyer in Toronto, Ontario. He has experience with management-side employment and labour issues, and providing strategic HR advice to businesses.

He can be reached at thomasperry88@gmail.com

Any information provided should be considered for entertainment purposes only and is not legal advice. You should seek independent legal advice before making any decisions. Use of this website does not create a client relationship.

The Unspeakable Reality of Job Hunting: Bargaining Power and the Young Person’s Dilemma

I. The Setup: Welcome to the Meat Grinder

So you’ve graduated. Congratulations. You’ve spent four (or five, or six) years ingesting, regurgitating, and occasionally synthesizing information that some institution has deemed necessary for you to become a “qualified” member of the workforce. You’ve sat through lectures that oscillated between mind-numbing and mildly stimulating, written papers that no one but a sleep-deprived TA will ever read, and maybe even done an internship where your primary responsibility was fetching coffee while pretending that “exposure” was a form of currency.

And now, here you are, degree in hand (or more likely, still in the mail because you owe the bursar $47.50), staring into the abyss of job applications, cover letters, LinkedIn “networking,” and the soul-crushing cycle of sending résumés into the void, only to hear nothing back or receive the dreaded “We’ve decided to move forward with other candidates” auto-email.

You’ve been told—explicitly or implicitly—that if you just work hard, build skills, and stay persistent, the system will reward you. This is, in the parlance of our times, bullshit.

The truth, the one nobody in Career Services will tell you because it would cause mass panic, is that the primary difference between people who get hired and those who don’t is bargaining power.

II. Bargaining Power: Hard vs. Soft, and Why You Probably Have Neither

Bargaining power is the leverage you possess when negotiating for a job. It’s what separates the person who gets a callback from the one whose application vanishes into the digital ether. It determines whether you’re offered $15 p/h or $75,000 a year, whether you’re treated as disposable or indispensable.

There are two kinds:

1. Hard Bargaining Power

This is structural, institutional, often legally enforced leverage. Examples:

  • Licenses/Certifications: You can’t practice law without passing the bar. You can’t perform surgery without an MD. These are closed professions, meaning the supply of labor is artificially restricted, which means those inside the gate earn more.
  • Unions: Collective bargaining turns individual weakness into group strength. If your job is unionized, you have protections, wage floors, and benefits that non-union workers can only dream of.
  • Specialized Skills in High Demand: If you’re one of 200 people in the world who can debug a quantum algorithm, companies will bid for you.

The brutal reality? Most new graduates have zero hard bargaining power. A bachelor’s degree is no longer a differentiator—it’s the baseline. And since almost anyone can get one (or something resembling one), it doesn’t confer real leverage.

2. Soft Bargaining Power

This is interpersonal, nebulous, harder to quantify. Examples:

  • Charisma: The ability to make hiring managers like you, to seem likable, confident, “a good fit.”
  • Networking: Not the LinkedIn spam kind, but actual relationships with people who can vouch for you or hand you opportunities.
  • Signaling: Prestige of your school, internships at name-brand companies, the right extracurriculars that suggest you’re “the kind of person” who belongs in a certain role.

Soft bargaining power is why two candidates with identical qualifications can have wildly different outcomes—one gets fast-tracked, the other ignored. It’s also why people who seem “mediocre” to you keep landing jobs: they’re better at playing the game.

III. The Great Lie: “Just Apply and Work Hard”

The standard advice given to job seekers is a form of cruel optimism—the idea that if you just send enough applications, tailor enough cover letters, and “hustle,” you’ll succeed. But this ignores the core issue: without bargaining power, you’re a commodity, not a contender.

Think of it like a marketplace:

  • If you’re selling something everyone else is selling (e.g., a generic business degree, basic coding skills), you’re in a race to the bottom.
  • If you’re selling something scarce (e.g., a medical license, a niche technical skill, a personal connection to a hiring manager), you set the terms.

This is why so many graduates are underemployed or unemployed: they’ve been sold a product (education) that no longer guarantees leverage in the labor market.

IV. How to Actually Get Hired (Hint: It’s Not Just “Applying More”)

If you want to escape the résumé black hole, you need to increase your bargaining power. Here’s how:

1. Acquire Hard Power

  • Get a license/certification in a closed profession. Nursing, accounting, electrician work—these fields control supply, which means wages stay high.
  • Develop rare, valuable skills. Not “proficient in Excel,” but something that takes real time to learn and isn’t oversaturated.
  • Join or form a union. Collective action is the only reason some jobs still pay living wages.

2. Cultivate Soft Power

  • Learn to interview better. This doesn’t mean “be fake,” but understanding how to present yourself as someone people want to work with.
  • Build real relationships. Not transactional networking, but actual mentors and advocates who will pull you into opportunities.
  • Signal effectively. If you don’t have a prestigious degree, find other ways to demonstrate competence (projects, freelance work, etc.).

V. The Upshot: Stop Playing a Game You Can’t Win

The job market isn’t a meritocracy. It’s a negotiation, and the side with more power sets the terms. Right now, most employers have all the power, and most job seekers have none.

If you want better opportunities, better pay, and better working conditions, you need to increase your bargaining power. That might mean going back to school for a specialized degree, learning a trade, unionizing your workplace, or getting very good at selling yourself.

The alternative? Keep sending résumés into the void and hoping luck strikes.

But luck, as they don’t tell you in graduation speeches, is not a strategy.