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Ask HN: Is the Job Market That Bad?

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Ask HN: Is the Job Market That Bad?

#1

Post by warkanlock »

I haven’t been job hunting in a while, but I’ve noticed many of my friends and family struggling just to land interviews. Most are well-qualified and can easily pass initial phone screenings, yet they face challenges in progressing further or even securing a first meeting.

Previously, my LinkedIn profile used to be flooded with job offers, but now it’s nearly silent. It seems this trend isn’t limited to software jobs alone.

What are your thoughts on this?

Re: Ask HN: Is the Job Market That Bad?

#3

Post by atleastoptimal »

Yes. I'm the CEO of Google and I can't even get an internship at Google

But tbh yes, it seems job postings for software jobs are the lowest in 4 years, almost as low as the dip that occurred just after the pandemic. The COVID job boom was clearly temporary and is now being massively offset by AI

https://fred.stlouisfed.org/graph/fredgraph.png?width=880&he...

It's over. Best alpha for people who aren't being flooded rn is to just start their own company while applying in the background via AI so it doesn't waste their time. All their applications are being culled via AI anyway so it's fair.

Re: Ask HN: Is the Job Market That Bad?

#5

Post by camdenreslink »

atleastoptimal wrote: post #3

Yes. I'm the CEO of Google and I can't even get an internship at Google But tbh yes, it seems job postings for software jobs are the lowest in 4 years, almost as low as the dip that occurred just after the pandemic. The COVID job boom was clearly temporary and is now being massively offset by AI https://fred.stlouisfed.org/graph/fredgraph.png?width=880&he... It's over. Best alpha for people who aren't being flooded r…

What is the evidence it is being offset by AI? I haven't really seen that. I think it is mostly two factors:

- Companies over-hired during the COVID boom and don't need to hire as much because they still have those people. It's like they did all of their hiring for a few years ahead of time.

- Interest rates are still the highest in a long time. Tech hiring is disproportionately affected by this.

You can throw in offshoring of jobs if you'd like (I would still put that ahead of any impact AI has had).

Re: Ask HN: Is the Job Market That Bad?

#7

Post by icedchai »

HeyLaughingBoy wrote: post #4

I'm still getting LinkedIn recruiter spam, just nothing interesting. The only two software people I know who lost jobs this year are now employed again.

Same. There has not been any interesting LinkedIn recruiter spam in months. And any interesting looking jobs on there are showing 100+ applicants. Doesn't seem like a good time to be looking for a job.

Re: Ask HN: Is the Job Market That Bad?

#8

Post by xpl »

> Previously, my LinkedIn profile used to be flooded with job offers, but now it’s nearly silent

Can confirm. I nowadays receive mostly messages from people who are looking for a job and curious if our team is hiring. Though it is mostly entry-level candidates (fresh grads, people who have completed bootcamps, etc.), which probably tells something about the job market.

HRs occasionally reach out to me but only to try to sell devs. So it looks like nobody's hiring and everyone is desperately looking for a job. Or maybe it's just LinkedIn is dead and people use other channels to find opportunities.

Re: Ask HN: Is the Job Market That Bad?

#9

Post by RGamma »

toomuchtodo wrote: post #2

Potentially related to ground truth shared in what was posted here: https://news.ycombinator.com/item?id=41493049 https://old.reddit.com/r/recruitinghell/comments/1fbhap7/sec...

You know what would be funny? If there was a free labor market for the C suite. There's probably some talented disgruntled folks with financial runway right now, who would do CEO for minimum wage just for the lolz.
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