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

HN Who is hiring job posts over time

news.ycombinator.com

Post reply on HN
Print view View original

11–20 of 83 posts

Re: HN Who is hiring job posts over time

#11

Post by AlwaysRock »

debacle wrote: post #10

Hiring has slowed to a crawl, and the hardest hit appear to be junior/low level devs not going into the startup space. I'm seeing a lot of hiring for senior positions. I'm getting more, not fewer emails for interviews as a CTO. Meanwhile, it seems like unless a new grad is headed to a FAANG they are not finding jobs the way they were a year ago. This is how things started in 2007, anecdotally. The ladder got pulled u…

A year ago when the pandemic was still front of mind for everyone? Finding a job when you are early career is almost always tough. Sure some times are tougher than others but its almost always very difficult unless you have a top degree or spent a lot of time doing interview prep.

Re: HN Who is hiring job posts over time

#12

Post by randomdata »

anon50118810 wrote: post #6

Also for anyone looking to draw conclusions here, remember that the HN crowd including the hiring thread is a very small slice of the tech industry generally, and for most people you only need to find one job for your job search to be over.

> for most people you only need to find one job for your job search to be over.

This is interesting as it relates to price rather than ability to find a job. Things would have to change dramatically to reach a point where someone won't pay you minimum wage to do tech work, but as difficulty in fulfilling positions declines the need to pay extraordinary and increasing salaries will decline in kind. This does give a good idea about what's ahead for compensation adjustments. The double digit percentage pay bumps people were taking advantage of over the last couple of years is no doubt over (for now).

Re: HN Who is hiring job posts over time

#13

Post by jcims »

debacle wrote: post #10

Hiring has slowed to a crawl, and the hardest hit appear to be junior/low level devs not going into the startup space. I'm seeing a lot of hiring for senior positions. I'm getting more, not fewer emails for interviews as a CTO. Meanwhile, it seems like unless a new grad is headed to a FAANG they are not finding jobs the way they were a year ago. This is how things started in 2007, anecdotally. The ladder got pulled u…

This must vary by industry. I just left one big bank to go work for another one. Both are hiring like mad, both junior and senior roles. Both actually have pretty amazing internship programs and at least one has an incredible program for veterans.

Re: HN Who is hiring job posts over time

#14

Post by soneca »

arcturus17 wrote: post #9
going_ham wrote: post #8

It seems 2020-2022 was boom for tech industry. Now the rate is going backing to pre-2020 which shows it was already in decline! That is quite surprising.

Yea, 2018-2020 sees a downward trend in hiring, while the S&P500 was still growing steadily. Thing is though, HN Hiring posts seem very FAANG and (even more) startup-biased? The S&P500 is more than that.

I would say that FAANG is not part of HN Who is hiring at all.

It seems to be almost 100% small and medium tech startups.

Re: HN Who is hiring job posts over time

#15

Post by arcturus17 »

soneca wrote: post #14
arcturus17 wrote: post #9

Earlier quoted context omitted.

Yea, 2018-2020 sees a downward trend in hiring, while the S&P500 was still growing steadily. Thing is though, HN Hiring posts seem very FAANG and (even more) startup-biased? The S&P500 is more than that.

I would say that FAANG is not part of HN Who is hiring at all. It seems to be almost 100% small and medium tech startups.

I’ve occasionally seen a “my team at AirBnB is hiring” post but you’re probably right.

Re: HN Who is hiring job posts over time

#16

Post by tenpies »

debacle wrote: post #10

Hiring has slowed to a crawl, and the hardest hit appear to be junior/low level devs not going into the startup space. I'm seeing a lot of hiring for senior positions. I'm getting more, not fewer emails for interviews as a CTO. Meanwhile, it seems like unless a new grad is headed to a FAANG they are not finding jobs the way they were a year ago. This is how things started in 2007, anecdotally. The ladder got pulled u…

> This is how things started in 2007, anecdotally. The ladder got pulled up earlier in the year, and then right around the holiday season everything fell apart. It took a good 2-3 years for everything to recover, but in that time salaries were down roughly 20-30%.

Yes. It really sucks for new graduates and entry-level because all of a sudden you are competing with people with years of experience for the same salary and position.

Also importantly, the consequences of graduating into a recession can be quite lasting. Based on research going into the last recession ('08), it takes up to 10 for the effects to disappear[1]. And if your base case is the last couple of years in software - well it seems likely that was a huge bubble that won't be replicated any time soon.

---

[1] https://www.nber.org/digest/nov06/career-effects-graduating-...

Re: HN Who is hiring job posts over time

#17

Post by nathanaldensr »

faitswulff wrote: post #5
themanmaran wrote: post #3

The []() syntax doesn't work on posts. Clickable google sheets link: https://docs.google.com/spreadsheets/d/18kLWHkrEedpl1eXzAht_...

Interesting that the url within the parentheses isn't recognized. EDIT - actually, none of the urls are recognized as links.

If they were, it would be trivial to get HN readers to click malicious links.

Re: HN Who is hiring job posts over time

#19

Post by anon50118810 »

randomdata wrote: post #12
anon50118810 wrote: post #6

Also for anyone looking to draw conclusions here, remember that the HN crowd including the hiring thread is a very small slice of the tech industry generally, and for most people you only need to find one job for your job search to be over.

> for most people you only need to find one job for your job search to be over. This is interesting as it relates to price rather than ability to find a job. Things would have to change dramatically to reach a point where someone won't pay you minimum wage to do tech work, but as difficulty in fulfilling positions declines the need to pay extraordinary and increasing salaries will decline in kind. This does give a go…

I'm someone who is indeed struggling to find a job, and in my case salary has little to do with it since so far I've been filtered before that's been an issue. There's actually no way to compete on price even if I wanted to, since employers are looking for luxury goods and offering to work for very cheap would send the wrong signal. I understand the market is very different if you have a great resume and everything is lined up.

So I think a lower volume in the hiring thread has a stronger impact on people who are struggling, since they necessarily need to apply to a high number of places, compared to the impact on people who are going to get multiple competitive offers regardless.

Re: HN Who is hiring job posts over time

#20

Post by bodge5000 »

As someone else pointed out, this is just HN, a small part of the bigger picture. Its interesting, but in all honesty, I'll believe it when I see it. For the past ~3 years I've heard talk that last year X was a boom but this year Y is declining, then the year after I hear that Y was a boom but this year is a decline, and on the cycle goes.
Post reply on HN