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It will take until 2024 for the job market to recover. The ARM IPO will be the first bell weather this year to gauge confidence in the tech sector.
Take with a grain of salt of course given Chamath's public performance history.
I’m having trouble reconciling this with several threads over the last few days lamenting how hard it is to get interviews right now. Different position levels? Different sectors within tech? Not sure what’s going on.
[1] https://news.ycombinator.com/item?id=37111560
I guess we can ask again. HN readers, what's it like for you right now trying to find a job?
It will take until 2024 for the job market to recover. The ARM IPO will be the first bell weather this year to gauge confidence in the tech sector.
I’m having trouble reconciling this with several threads over the last few days lamenting how hard it is to get interviews right now. Different position levels? Different sectors within tech? Not sure what’s going on.
I asked the HN crowd's perspective just over a week ago [1] [1] https://news.ycombinator.com/item?id=37111560 I guess we can ask again. HN readers, what's it like for you right now trying to find a job?
Earlier quoted context omitted.
I asked the HN crowd's perspective just over a week ago [1] [1] https://news.ycombinator.com/item?id=37111560 I guess we can ask again. HN readers, what's it like for you right now trying to find a job?
Just wanted to point out that the way you presented the question, and the forum you presented it in, made it more likely that you would hear from people that agreed with you. Generally, if people don't have a problem with something, they just don't bother chiming in. If they're already concerned, they're more likely to respond. So you may not be getting a representative sample of the actual opinions that people hold…
> Finding the IT workers they need to meet hiring goals or complete projects is a struggle for more than two-thirds of executives
This should tell you everything you need to know about the market. Jobs are being added, but the quality of jobs has deteriorated. If 1000 people were laid off from Google and 1000 jobs opened up for contract roles in consultancies that pay below market wages, I would not call that normalizing.
Anecdotally, it is still very hard to find a reasonable paying job. I’m not talking Google/Facebook salaries, I’m talking engineering at Albertsons salaries.
Earlier quoted context omitted.
Just wanted to point out that the way you presented the question, and the forum you presented it in, made it more likely that you would hear from people that agreed with you. Generally, if people don't have a problem with something, they just don't bother chiming in. If they're already concerned, they're more likely to respond. So you may not be getting a representative sample of the actual opinions that people hold…
Do you have a suggestion for a more neutral way to ask this question to avoid bias?
> My conclusion, so far, is unless you've got strong connections it's hard right now to find a job.
By including this take, you may have primed people to respond with a similar opinion.
But actually I think it might be almost impossible to eliminate the bias. You're very likely to hear back from people who are job searching. And job searching is an inherently stressful activity that breeds a negative state of mind. So you're very likely to hear back from people who think the situation is bad.
Earlier quoted context omitted.
Just wanted to point out that the way you presented the question, and the forum you presented it in, made it more likely that you would hear from people that agreed with you. Generally, if people don't have a problem with something, they just don't bother chiming in. If they're already concerned, they're more likely to respond. So you may not be getting a representative sample of the actual opinions that people hold…
Do you have a suggestion for a more neutral way to ask this question to avoid bias?
I've updated my question so it's more neutral. Thanks for the suggestion
Earlier quoted context omitted.
Just wanted to point out that the way you presented the question, and the forum you presented it in, made it more likely that you would hear from people that agreed with you. Generally, if people don't have a problem with something, they just don't bother chiming in. If they're already concerned, they're more likely to respond. So you may not be getting a representative sample of the actual opinions that people hold…
Do you have a suggestion for a more neutral way to ask this question to avoid bias?
We published the Levels.fyi 2023 mid-year compensation report earlier: https://www.levels.fyi/blog/2023-mid-year-report.html While volume of hiring may have been lower overall so far this year, median compensation has generally remained steady or increased in the first half of 2023 relative to the last half of 2022 for most roles. In particular, the median for software engineer compensation stayed the same, while rol…