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Ask HN: Is the job market is bad as everyone claims it is?

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31–40 of 56 posts

Re: Ask HN: Is the job market is bad as everyone claims it is?

#32

its the worst i've seen since 2000

Do you think 2000 was worse? (I wasn’t in the field then)

It feels that way, but I don't think the build-out in the late 90s can be compared to what we've seen in recent years. Many companies were coming online for the first time, and it was a mad rush. They were looking for any warm body that could spell HTML. Many weren't even trained in technology. There were plenty who went back to what they were doing before when they realized the party was over.

Re: Ask HN: Is the job market is bad as everyone claims it is?

#34

It's bad. Between H1B workers taking all the jobs, AI, seasonal slows, and the economy collapsing, it's rough out there. I have friends that are 100's of applications deep without a peep. Easier if you're not white, but hard regardless

Ummm...

Re: Ask HN: Is the job market is bad as everyone claims it is?

#35

its the worst i've seen since 2000

Personally, I think it's worse than 2000. There are so many more actually talented engineers now competing for each job. The dot com boom and bust cycle was famous for people being hired (and then laid off) who had little to no background in software. I don't see that being the case now. It's possible my interview and other skills have declined, but after being rejected only once in the first 25 years of my career (w…

This is my experience too. I hadn't been rejected from a job since starting work in the late 90s. Significant experience from coding (which I still do) to startup exec level. Multiple "it came down to you and one other" situations.

Jobs are in short supply, applicants are numerous. Most interviews are also with managers 10 years younger than I am which may be a compounding factor. That's not an issue for me, but I think it's easier for them to hire someone of a similar age.

Re: Ask HN: Is the job market is bad as everyone claims it is?

#37
In a boom time there are almost no regret hires, every organization basically needs estimated future capacity that is supposed to work out sometime and to maintain a delusional prognosis..

In some of the downturns that unlikely capacity keeps getting new jobs simply by having been the excess capacity at the right places.

I think we are we are deeper into a downturn where almost everyone is seriously trying to filter to capable in the near term and that is extremely hard given that you almost always need actual time at an organization so a measure of useful on day one filters everyone but returning employees.

Re: Ask HN: Is the job market is bad as everyone claims it is?

#38

It's bad. Between H1B workers taking all the jobs, AI, seasonal slows, and the economy collapsing, it's rough out there. I have friends that are 100's of applications deep without a peep. Easier if you're not white, but hard regardless

I'm not white and don't think it would be easier for me to get a job in this market (I still have a good one tho)

Re: Ask HN: Is the job market is bad as everyone claims it is?

#39

I think from a games industry POV it's worse than 2008 right now. Beyond the raw numbers of layoffs, there's clearly a great number of other companies currently have hiring freezes on. There's simply little to no job postings on right now. Of course it's the worst time of year for listings, and things usually improve in Spring, but it's hard to be optimistic.

How come January is the worst? I thought it was among the best.

Re: Ask HN: Is the job market is bad as everyone claims it is?

#40
It's a bad market, probably the worst since 2000. Some of this is overhiring and zero interest rate behavior coming to an end. Companies are shifting from prioritizing growth to profitability. There is also a lot of asshole behavior. They are laying people off to please Wall Street, not because they need to for financial reasons. And they are doing layoffs in extremely callous ways, e.g., right before Christmas.

My daughter's data engineering team in finance was reduced from five to two, and they are not giving raises that match inflation. She is almost singlehandedly responsible for servicing million-dollar accounts. It's not like there isn't money.

There is also a lot of hiring of remote people outside the US. The companies figured out how to do remote work during Covid, and they are using it to reduce costs.

Things will probably improve in the next year, but it will be rough for a while.

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