291–300 of 625 posts
Anecdotally.. but not really. I was worried about the job market but this was unfounded, for me... I started applying in October and had four offers from large tech companies by end of November. A lot of this was through networking to be fair, not “cold applying” (1 was through cold applying, the other 3 through networking). reach out to former coworkers or friends and ask for referrals. YMMV, but I do not think it i…
I think your categories ('white male', 'Indian', ...) are a form of racism already. I mean, there are other categories you can use. Outsourcing, offshoring, and nearshoring all describe something similar (cutting costs by replacing the workforce) but do not categorize humans based on racial factors. I understand this is not the core of your question, but I did not want to leave it uncommented because I think it is in…
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Wage increases also drive inflation. And given the uncertainties of the present times, people might opt to save more of their earnings rather than spending it all.
This is why people should index wages as a percentage of the total enocomy. Because 'inflation' only means anything when compared to something else. Just saying inflation is meaningless by itself.
Of course, in reality different products/services have substantially different price developments relative to inflation, and it’s difficult to predict whether essential costs of living will be relatively more or less affected by inflation.
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One problem with hiring juniors (from an employer perspective) is that they take a while to get trained up, then leave after 1-3 years, meaning that they require investment which never gets paid back. You can argue that the company should give them raises to keep them, but it goes against the zeitgeist (so it’s tough), and also means that there’s no advantage to hiring juniors. This seems like a stable (though undesi…
It's short sighted. Eventually the seniors will retire and die off. It very much feels like 'we've tried nothing and we're all out of ideas'.
I've been out of a job for most of the past year. While sending Merry Christmas texts to my friends, I had a conversation with one (another programmer, different technologies and industry) where he revealed he was laid off last month. I keep applying for jobs, and recently accepted the possibility to relocate for an on site position (because staying where I am and hoping to get a remote position hasn't worked out). I…
And we see PG talking up H1B on twitter. I'd like to think that if he still read HN he might not do that. Really companies should be banned from importing more people[1] if they laid off a certain number in the last year. That way the job market would be more likely to self correct. [1] I think they should still be allowed to hire people who are already in the country on a visa, as it's unfair to make their risk of b…
Reverse outsourcing. Don't send the job overseas, send the overseas person here!
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This is why people should index wages as a percentage of the total enocomy. Because 'inflation' only means anything when compared to something else. Just saying inflation is meaningless by itself.
I agree with binding salaries to an index. However, if the index is accurate (which is a whole other can of worms), then it implies that the buying power would stay the same, and you would need extra justification to add a pay raise on top. Of course, in reality different products/services have substantially different price developments relative to inflation, and it’s difficult to predict whether essential costs of l…
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It's short sighted. Eventually the seniors will retire and die off. It very much feels like 'we've tried nothing and we're all out of ideas'.
Most companies are trying to hire people with more than 2-4 years of experience, but not 0-2 years of experience. They are far from losing all candidates to death or retirement.
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>inevitable result of incentives Market incentives are influenced by policies the US gov sets, so globalist capitalists monopolizing US markets is the inevitable result of US gov policies. Ever heard of Anti-trust laws? They could be updated for the global economy any time.
Banning all American companies from outsourcing or hiring foreigners would result in complete financial isolation, collapse and likely balkanization of the US, and ironically far worse employment prospects for Americans than currently exist. All modern Western capitalist power depends upon the exploitation of a foreign underclass. Yes, theoretically, the US could pursue its own Sakoku as a suicidal policy of "nativis…
In fact, until passage of the Hart-Celler Immigration and Nationality Act of 1965, the US was under strict immigration restrictions established by the Johnson-Reed Act of 1924. During that time we assimilated the Ellis Islanders, beat the Great Depression, out-produced the Axis to win World War 2, split the atom, rebuilt Europe and Japan, electrified the country, fed the world with our Green Revolution, invented the transistor, cured polio, invented the integrated circuit, and built the Empire State Building, Golden Gate Bridge, Hoover Dam and interstate highway system. Cheap tech labor benefits a small club of men at the top, such as Elon and paulg. It is not essential to the success or prosperity of America or the American people.
An America where children must study 24/7 and work 80 hours a week as slavish, soulless drones to compete with indentured servants from every corner of the world is not a country I want to live in. It's not the country I was promised nor the future I voted for, and I'm going to fight to make sure it doesn't happen.
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> Fachkräftemangel Why is this German word thrown in without any explanation? I’ve noticed this is a common trend whenever a Germany-adjacent topic is discussed.
Unless they edited it in afterwards, they are translating it. That's what the two-comma asides are, explanations/clarifications.
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I agree with binding salaries to an index. However, if the index is accurate (which is a whole other can of worms), then it implies that the buying power would stay the same, and you would need extra justification to add a pay raise on top. Of course, in reality different products/services have substantially different price developments relative to inflation, and it’s difficult to predict whether essential costs of l…
It's simpler to just say wages are x% of gdp.