11–20 of 33 posts
Earlier quoted context omitted.
Pretty much every industry needs developers. Grocery chains, banks, insurance companies, travel companies, airlines, defense, government, and so on. The pay is average and the work boring, but it’s plentiful.
The pay may be average, but the work doesn't have to be boring. Many of the big players in those industries do quite a bit of in house R&D, much of it every bit is interesting as what is happening at your average 'cool' software companies.
Earlier quoted context omitted.
What industries are we talking about?
Pretty much every industry needs developers. Grocery chains, banks, insurance companies, travel companies, airlines, defense, government, and so on. The pay is average and the work boring, but it’s plentiful.
How does one reconcile the numerous tech layoffs[0] with the fact that "US Jobless Claims Plunge to 187,000, Lowest Since September 2022"[1]? Is non-tech sector hiring making up for the tech losses? A chief US Economist is quoted: I would not take this result literally, but, at a minimum, it seems clear that layoffs remain quite low and are not trending higher in a meaningful way, he wrote in a note. From what I'm he…
The job market for software engineers seems strong to me overall. I think the devs who struggle are mostly the ones who are trying to get hired by larger established software companies such as, but not limited to, FAANG.
Earlier quoted context omitted.
Pretty much every industry needs developers. Grocery chains, banks, insurance companies, travel companies, airlines, defense, government, and so on. The pay is average and the work boring, but it’s plentiful.
The pay may be average, but the work doesn't have to be boring. Many of the big players in those industries do quite a bit of in house R&D, much of it every bit is interesting as what is happening at your average 'cool' software companies.
How to gather, collate, and publish ?
How does one reconcile the numerous tech layoffs[0] with the fact that "US Jobless Claims Plunge to 187,000, Lowest Since September 2022"[1]? Is non-tech sector hiring making up for the tech losses? A chief US Economist is quoted: I would not take this result literally, but, at a minimum, it seems clear that layoffs remain quite low and are not trending higher in a meaningful way, he wrote in a note. From what I'm he…
Large sectors of the tech industry simply don't interact with the broader economy as a whole and was propped up by low interest rates and free VC money. Once free money went away, everyone realized they actually need to make money and couldn't just sit on a army of developers not doing much to make money. The economy as a whole is doing great according to pretty much every single measure.
“The main reason given for the move, which sees 950 cuts in Germany alone, is the significantly slower-than-expected development of fully automated driving”
Earlier quoted context omitted.
Large sectors of the tech industry simply don't interact with the broader economy as a whole and was propped up by low interest rates and free VC money. Once free money went away, everyone realized they actually need to make money and couldn't just sit on a army of developers not doing much to make money. The economy as a whole is doing great according to pretty much every single measure.
Bosch does not really fit the “propped up by low interest rates and free VC money” theme.
How does one reconcile the numerous tech layoffs[0] with the fact that "US Jobless Claims Plunge to 187,000, Lowest Since September 2022"[1]? Is non-tech sector hiring making up for the tech losses? A chief US Economist is quoted: I would not take this result literally, but, at a minimum, it seems clear that layoffs remain quite low and are not trending higher in a meaningful way, he wrote in a note. From what I'm he…
The BLS publishes the most current data industry-by-industry. Transportation Equipment Manufacturing, which Motor Vehicle parts companies like a Bosch are a sub-sector of, is here: https://www.bls.gov/iag/tgs/iag336.htm
It would be appear the unemployment rate of last month in that industry is 1.2%.
The data series app is a bit confusing, but if you enter the ID CEU3133600003 into https://data.bls.gov/pdq/SurveyOutputServlet, you can get wage growth. The last four years seems to have gone from $33.40 per hour in January of 2020 to $39.56 in December 2023. That is up 18.4%. CPI is up 18.9% in that same period, so I guess that is basically a wash.
How does one reconcile the numerous tech layoffs[0] with the fact that "US Jobless Claims Plunge to 187,000, Lowest Since September 2022"[1]? Is non-tech sector hiring making up for the tech losses? A chief US Economist is quoted: I would not take this result literally, but, at a minimum, it seems clear that layoffs remain quite low and are not trending higher in a meaningful way, he wrote in a note. From what I'm he…
At least in the US, the tech layoffs are highly concentrated in a particular part of the overall software industry. There are lots of companies (mostly ones who develop software for use in products, but the products aren't the software itself), and those are hiring as much as ever. Many struggle to fill positions, even. The job market for software engineers seems strong to me overall. I think the devs who struggle ar…
I had plenty of trouble, and I mostly interviewed at exactly those kind of small companies. I landed at least the first interview for a third of what I sent out (better than most, from what I've seen here on HN), and after going through the entire process what I've heard back several times is that they think I'd be a great fit, but that they've got more good candidates than what they know what to do with and someone else was just a slightly better fit.