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Lowest “Who is hiring?” Post Count in 30 Months

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Re: Lowest “Who is hiring?” Post Count in 30 Months

#151

Post by dan_quixote »

anonygler wrote: post #37

I feel like people are trying to wish the economy into a recession / depression, but I really don't see it happening. I do see some belt tightening wrt SaaS expenditures. There's still a massive demand for labor. While the housing market has fallen, the actual cost of buying a house is still rising. Rate increases have well outpaced the list price reductions. So I think all this talk of a recession is just a bunch of…

This is how it happens though. Some people are easy to convince with data alone, some are not, and others are simply in denial. Watch financial markets before a crash - lots of volatility while these groups are placing bets on the direction of the economy. Eventually we cross a threshold where the market crashes and all those that were unconvinced change their tune. It doesn't happen slowly.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#152

Post by b20000 »

i have the impression there are jobs, but they are not getting filled because companies don’t want to pay proper compensation even though there is inflation and there is less supply now than a few years ago. they also still think that people are coming back into an office which is probably never going to happen again except in positions where you really need to because of security or confidentiality or physical access to infrastructure. HR people tend to be delusional and out of touch with reality. we’ll see what happens.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#153

Post by mywittyname »

llampx wrote: post #58
battery_glasses wrote: post #38

Earlier quoted context omitted.

This could be considered a good thing. The whole point of increasing interest rates is to lower business investment and consumer purchasing power, which is what we need to do to combat inflation (or magically fix all supply chain issues.)

Zimbabwe has 200% interest rates and 280% inflation iirc https://www.africanews.com/2022/06/28/zimbabwes-key-interest... Why am I being downvoted? All this is is a data point showing that rising interest rates don't have to bring down inflation.

The Zimbabwean economy is to the American one what a kids soccer match is to the World Cup.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#155

Post by slg »

pbz wrote: post #141
slg wrote: post #134

Earlier quoted context omitted.

There are other levers that can be pulled. Taxes are one example that could be much more targeted at the specific sources of the "greed/fomo running rampant". We instead chose to take it out on everyone.

I'd put taxation in the same bucket as price control because for this to be effective the taxes would need to be on the rich (in effect to drain liquidity) and that's as likely as price control.

I don't disagree with the unlikely nature of new taxes on the rich. That was basically my original point. It is wild that we decided that we would rather go into a recession than tax the rich and I don't understand why there is seemingly no public pushback against this.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#156

Post by skrebbel »

killingtime74 wrote: post #25

Has anyone actually gotten much success in either direction (hirer/candidate) from these posts?

I'd say that about 70% of our recent hires came from the monthly HN threads, and among first-interview invitees the % may well be even higher. Somehow the average quality of applicants via HN is way higher than via other platforms and I don't know why.

Sidenote: we're not a big company, we hire single-digit new people per year. I have no idea how to scale this success up, ie if we'd advertise way more aggressively elsewhere the % would likely go down.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#157

Post by blablabla123 »

theptip wrote: post #126
harryvederci wrote: post #23

I don't know the intention of the author, but I see like a lot of "Look, it's happening! The economy is going down!" posts pop up these days. Which may be true, but it can also be a self-fulfilling profecy if everyone is doing that on all platforms. Which would be a shame. I'm not saying HN and other platforms should censor (/ take action) either. It's just a thought I have on this subject, and I don't know if there…

I see what you are saying, but I think the impact of a post like this on something so intangible as "market sentiment" is extremely tenuous. It's hard to measure/quantify but I'd be shocked if it's more than a rounding error. On the other hand, there are actual fundamentals like economy-wide inflation, employment numbers, GDP growth, supply/demand curves, etc., and it's important as an operator to have information ab…

Yeah also looking at what jobs are in demand at recruiters from LinkedIn, I can see already since the pandemic it's more from companies with proven business models and rather small startups. Good to see some real numbers actually. But of course the effect is there, job seekers and companies get more cautious. Still, better than hiding this data. Also I don't think there is a real reason to worry within tech

Re: Lowest “Who is hiring?” Post Count in 30 Months

#159

Post by myth_drannon »

anonygler wrote: post #37

I feel like people are trying to wish the economy into a recession / depression, but I really don't see it happening. I do see some belt tightening wrt SaaS expenditures. There's still a massive demand for labor. While the housing market has fallen, the actual cost of buying a house is still rising. Rate increases have well outpaced the list price reductions. So I think all this talk of a recession is just a bunch of…

But officials are explicitly saying that the unemployment is too low and raising interest rates is one way to bring it up. The economy is overheated and needs to cool down. It's not wishful thinking or headlines grabbing topic, it is a stated fact that the economy is artificially induced into recession.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#160

Post by msluyter »

maerF0x0 wrote: post #30

also consider the whole chain -- From the layoffs I've observed Recruiters were some of the top laid off roles. Less recruiters means prioritization of efforts. HN Who's hiring is probably a low priority platform. (Recruiter's boss doesn't know what it is, hard to instrument for tracking metrics) If you really want to know how many jobs are out there it's better to index and crawl all the companies jobs page directly…

"HN Who's hiring is probably a low priority platform."

This has always surprised me. At several companies I've suggested to the hiring folks that they post on HN and I've rarely seen it happen. But IMHO, although you may not get a lot of candidates that way, I would imagine the signal/noise ratio is high, relative to the average recruiting channel. (Would be curious to see that (dis)confirmed.)

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