Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

news.ycombinator.com

Post reply on HN
Print view View original

181–190 of 318 posts

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

#181

Post by mywittyname »

llanowarelves wrote: post #123
kiernanmcgowan wrote: post #47

Earlier quoted context omitted.

It feels like _something_ is happening, but it's not quite the recession that people are fearing. The US is somehow at the lowest unemployment rates we've seen and people are saying it's all going to collapse which just feels off. If the US hits 5% unemployment that simultaneously worse off than where we are but still a solid economic position. My pet theory is that everyone is just tired, so damned tired, and seeps…

Remember that people that are not employed are only considered "unemployed" in that metric if they have been "looking for a job". If you stop looking for 4 weeks, you're not employed but not "unemployed" (in their numbers).

Depends on the which level of unemployment you cite. But the thing is, it doesn't really matter which level of unemployment you look at, since they all have the same trend, just at a different scale.

The BLS collect and categorizes this data in every conceivable way. You can see, for example, that the duration of unemployment is actually quite low compared to previous recessions: https://www.bls.gov/charts/employment-situation/duration-of-...

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

#182

Post by JamesBarney »

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…

House prices are pretty sticky, it takes a long time and a lot of downward pressure for housing prices to fall. No one wants to take a loss on their house.

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

#183

Post by Ancalagon »

minimaxir wrote: post #109
OJFord wrote: post #7

Who is hiring vs. wants to be hired (top-level) post count disparity could be a fun one to track.

Here's the chart for those threads, which isn't too exciting: https://docs.google.com/spreadsheets/d/1kqUnALPvgpM6HiK5s-GP... Although I'm not sure why 2019 ushered in much better performance on those threads.

Post-pandemic people wanted to change jobs

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

#185

Post by gonz0p0litik »

atlasunshrugged wrote: post #148
User23 wrote: post #119

Earlier quoted context omitted.

The Fed is a creature of Congress, which is to say that Congress completely controls the Fed. All talk of the Fed's independence has no constitutional basis. The Fed was created by an act of Congress and can be restructured, abolished, or otherwise changed however Congress likes by subsequent acts of Congress. Indeed, in the history of US central banking, Congress has done so before. Therefore, the Fed's continued ex…

Given Congresses inability to get almost anything done other than the absolute "must-do's" like NDAA and yearly appropriations and then 1-2 big ticket admin items, why do you think that Congress has the capacity, much less the will to control or even exert significant interest over the Fed?

As a conceptual body it has the authority. The meat bags currently running the show have no motivation. Of course they too are Americans and would deflate their value by changing the rules, which is the problem with thought ending populist chants and mantras like “no new taxes!”

The public is “data structure” illiterate. They’re educated with spoken traditions coupled to vague imagery of hierarchical power structures of history and the work place. I am not sure it’s intentional, more of a Duning-Kruger thing.

As usual any sustained shift in the appropriation of agency is up to the public. Science shows us how to build things, but no theory states “we must build rockets to nowhere.” But “keep your hands off muh capitalism click clack” gets in the way of sincere discussion of fully automated logistics.

Protectionism of spoken tradition in human memory is not going away anytime soon. It’s innate to our biology.

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

#186

Post by rgblambda »

pyuser583 wrote: post #173
llampx wrote: post #58

Earlier quoted context omitted.

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.

Those numbers don’t mean anything. The currency in Zimbabwe is so unreliable that barter has become the principal way of saving and storing wealth. Zimbabwe has “cow banks.” You take your cash salary, and give it to the cow bank. The cow bank uses the cash to buy a cow. The cow is put into a pen. You can make surprise visits to ensure the cows are alive, healthy, and not being “shared” with other customers. Interest…

This sounds like it's just investing in a cattle ranch.

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

#187

Post by throwaway292939 »

mountaineer wrote: post #66
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 believe the intent is to share as a possible leading indicator. I don't know the OP's exact reasoning, but I have tracked this data for years at hntrends.com and it was my original thesis that this thread is a leading indicator of the tech job market at a minimum.

I would think the leading indicator would be Big Tech layoffs and hiring freezes that started months ago.

If I were to change my course of action, I'd use that since it happened way earlier.

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

#188

Post by realce »

pc86 wrote: post #67
kiernanmcgowan wrote: post #47

Earlier quoted context omitted.

It feels like _something_ is happening, but it's not quite the recession that people are fearing. The US is somehow at the lowest unemployment rates we've seen and people are saying it's all going to collapse which just feels off. If the US hits 5% unemployment that simultaneously worse off than where we are but still a solid economic position. My pet theory is that everyone is just tired, so damned tired, and seeps…

Tired of (or from) what? With the major exception of the pandemic/remote work, the world is not markedly different than it was in 2013 or 2003. What makes it seems like 2023 is so different?

> the world is not markedly different than it was in 2013 or 2003. What makes it seems like 2023 is so different?

Nothing seems to be very different for the last 20 years, which also means things aren't getting any better. That's tiring.

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

#189

Post by bigbillheck »

killingtime74 wrote: post #25

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

I got my previous job thru a 'who's hiring' many years ago. I don't think I'd try doing it again, not least of which is because I've got less than 20 years left in the ol' career (knock wood) and I'd rather stay where I'm at than interview ever again.

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

#190

Post by nonameiguess »

bagels wrote: post #164
danrocks wrote: post #162

Earlier quoted context omitted.

Why is that a worrying sign?

Downward pressure on wages due to competition with non-coastal wage earners.

Seemingly, non-coastal wage earners are people and still count, and that isn't worrying to them.
Post reply on HN