Live data from Hacker News

Ask HN: What do you guys think of the current job market in tech?

news.ycombinator.com

51–60 of 96 posts

Re: Ask HN: What do you guys think of the current job market in tech?

#51
In London.

My sense is that there are plenty of junior level opportunities still out there, although fewer than before.

But senior level positions which pay a decent salary (which i define as £200k+/year in London) are especially hard to find and get nowadays, compared to years prior.

Re: Ask HN: What do you guys think of the current job market in tech?

#52

I feel like at least part of the problem is that tech hiring as a whole just hasn't adapted to remote work. Companies are still using the same hiring pipelines from when everyone was naturally filtered by being within X miles of the office (or motivated enough to relocate), so they get bajillions of applications they're unable to handle properly, which leads to devs who would previously stand out also having to apply…

That's essentially the same issue that applicants to selective colleges have faced for decades.

Re: Ask HN: What do you guys think of the current job market in tech?

#53

Earlier quoted context omitted.

But many people are claiming that chatgpt increases their productivity by 50-100%. Doesn't it mean we need less programmers now?

No, it means we are building even more stuff with the same developers. The limiting factor still is the number of software developers, not the software demand.

What stuff are you building? Everything is falling apart. I can't read without an account most of the sites that were accessible just a year ago: twitter, reddit, youtube etc.

Re: Ask HN: What do you guys think of the current job market in tech?

#54
post #24

It's pretty brutal here in Australia. Higher interest rates mean companies are aggressively reducing headcount. Insanely high immigration means statistically for every 1 job being created we're importing 1.4 workers. Job vacancies across the economy are down 16.4% yearly change according to ABS. Also according to ABS, Job vacancies, change from February 2020 to May 2024, for IT is an increase of just 1.8%. In summary…

This seems like a highly politicised answer

Australia has 1/3rd the population of the UK on a literal continent.

In Ireland we also have a housing crisis, because ironically all of our young construction workers have emigrated to Australia because there's a huge construction boom there. If you restricted immigration you'd have a bigger housing crisis

Re: Ask HN: What do you guys think of the current job market in tech?

#55

There was a deleted comment saying that it helps if you learn your domain and bring skills/knowledge aside from just programming. I agree, although I think it also helps if you have a non-CS background relevant to this sort of thing, as it implies some base level of knowledge too. I've met people that have been in one domain for a long time but still don't understand it, so it's not a given. My background is in Physi…

I have been on several hiring panels in my current job and I always looked for people with non-tech skills. We had a coder who was twenty years in finance and then did a boot camp, she was better than many mids because she could talk to people and understand requirements better, had understandings of office policies, meeting etiquette, and was great at making relationships with other devs and building a network so when she didn't know something she knew exactly who to ask.

I'm sure down the road that time in finance will probably give her a leg up in finance related tech too. Non tech experience can definitely be a boon

Re: Ask HN: What do you guys think of the current job market in tech?

#56
/u/kapitanjakc, are your friends in US or EU or APAC?

The market is reacting to global events, as we live in an uncertain time after a full and half decade of unprecendented innovation and prosperity. If I understood my parents correctly, this is just the economic cycle. However, the massive global scale pandemic, immediately followed by mass inflation, wars, rapid rise in living cost, anticipation of a massive generation retiring soon etc.. makes everything a bit slower to recover.

Also, due to money suddenly becoming expensive and eternal global downturn as well as political turmoil made businesses clamp down and make-do with whatever they have now until this storm has passed. It will take some time before demands will rise again. Until then, need to find something to continue, like working at a local business or that uncool startup which can't pay SV money and doesn't use the most fancy tech.

Also, there is lack of investment despite apparent(according to new media reportings I read) massive generational wealth transfer. Unlike PG/Elon era, people now use inheritance or windfall towards luxury(instagram) lifestyle instead of investing in ventures.

That all being said, I don't see a lot of problems in my corner of EU. While, my linkedin inbox has been unspammed since 3-6 months now, I haven't heard anything from my circle, except some of my friends looking slowly or taking that desired timeoff/break after their employer dissolved due to lack of funding/runway.

Re: Ask HN: What do you guys think of the current job market in tech?

#57
I'm getting 3-4 recruiter emails a week, which is much less than a few years ago. I've noticed an uptick recently. There certainly was a period where I didn't get any for weeks on end.

I'm a generalist with 25+ years experience. I'm on the more employable end but I can't command as much salary as a specialist.

I've been moving back into contract work though, which is different than the salary world.

Re: Ask HN: What do you guys think of the current job market in tech?

#58

5-9 years is a "bad" spot for developers: devs are too skilled to be cheap or to accept "junior" job & pay, and have not enough experience to be a "jack of all trade" Here, in France, the job market is really slowing. More than before, companies are looking for cheap people... so they let go people with some experience and try to recruit engineer out-of-school to replace them. Obviously it doesn't work really well...…

Interesting. I have the exact opposite experience. Being a Junior developper in france is hard right now. The profession got a lot of traction from the average french guy and not only nerds. In 2020 - 2022 Many training centers were teaching coding to people who were out of work because their industry was affected by covid (in France, studies are often free of charge and, in many cases, are even paid for by the government if you're working on your employability, so there's virtually no risk). This has led to an overload of junior developers on the market who aren't needed. I've given training courses for Dev-web-mobile and concepteur and I can tell you that out of 50 people, 5 have found a job. I also know a lot of masters students who want to find an alternance (work-study program) and can't find anything. Meanwhile, I have 10 years' experience and am called 3 times a week by headhunters when I upload my updated CV to a job search platform.

I do agree that they want cheap people though. They rarely offer me more than 43k (which is ok in france in the region I live in but really not stunning either). I have friends that earn 70k-80k (really good in france) and they get called by headhunters for similar position but for 40k, its silly.

Re: Ask HN: What do you guys think of the current job market in tech?

#59
post #40
post #24

It's pretty brutal here in Australia. Higher interest rates mean companies are aggressively reducing headcount. Insanely high immigration means statistically for every 1 job being created we're importing 1.4 workers. Job vacancies across the economy are down 16.4% yearly change according to ABS. Also according to ABS, Job vacancies, change from February 2020 to May 2024, for IT is an increase of just 1.8%. In summary…

[flagged]

To clarify the comment made by another, they're not hating on immigrants neccesarily, modern Australia is built on immigration.

The sentiment is that right now things are tough and current immigration adds to current pressures.

See Graph 1.1: https://www.abs.gov.au/statistics/people/population/overseas...

Australia has had steady net immigration for quite some time .. that fell in a hole during the pandemic and right now the net intake is much higher than it has ever been - it's the normal intake PLUS the backlog of everybody who didn;t come during lock down.

Australia has always coped with a steady level of intake, right now it's creaking under a much higher level than normal.

Re: Ask HN: What do you guys think of the current job market in tech?

#60
post #24

It's pretty brutal here in Australia. Higher interest rates mean companies are aggressively reducing headcount. Insanely high immigration means statistically for every 1 job being created we're importing 1.4 workers. Job vacancies across the economy are down 16.4% yearly change according to ABS. Also according to ABS, Job vacancies, change from February 2020 to May 2024, for IT is an increase of just 1.8%. In summary…

This seems like a highly politicised answer Australia has 1/3rd the population of the UK on a literal continent. In Ireland we also have a housing crisis, because ironically all of our young construction workers have emigrated to Australia because there's a huge construction boom there. If you restricted immigration you'd have a bigger housing crisis

Ireland also has some of the strictest planning laws in the world.

See the case study of a housing development of 52 flats that was prohibited because it’d harm the view out of a pub garden.

https://m.independent.ie/business/irish/smithfield-eight-sto...

Post reply on HN