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Is there some kind of tech crash happening right now?

indeed.com

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Re: Is there some kind of tech crash happening right now?

#21

Post by thedufer »

mopatches wrote: post #13

The chart is based on relative percentage, not absolute counts. So it's useless - if more gardeners look for jobs on Indeed.com then the engineer/developer/etc lines in this chart drop off. The chart doesn't mean anything in isolation.

This seems like a reasonable explanation, given that "manager", "plumber", and "electrician" all show similar drop-offs. I wonder what is increasing enough to have such a visible effect, though.

You can't see them on the same graph since they're magnitudes are so different, so this isn't easy to see/I may be imagining things.

Re: Is there some kind of tech crash happening right now?

#23

Post by bsg75 »

svachalek wrote: post #10

I think you're just not using modern terminology: http://www.indeed.com/jobtrends?q=rock+star&l=

Or this: http://www.indeed.com/jobtrends?q=rock+star%2C+engineer%2C+p...

Compared to this: http://www.indeed.com/jobtrends?q=rock+star%2C+engineer%2C+p...

Re: Is there some kind of tech crash happening right now?

#24

Post by thaumaturgy »

svachalek wrote: post #10

I think you're just not using modern terminology: http://www.indeed.com/jobtrends?q=rock+star&l=

Cute, but that graph ranges from 0 to 0.04 percent -- it would be just a blip on the other graph, which ranges from 0 to 10 percent.

Re: Is there some kind of tech crash happening right now?

#26

Post by muzz »

kjackson2012 wrote: post #15

That's an interesting graph, and it seems like a material downturn, in my opinion. I wouldn't call it a crash though. There could be a variety of reasons: fiscal cliff concerns, startup series A crunch, etc. My guess is that the FB IPO debacle had a huge impact on funding in Silicon Valley, which probably killed a lot of jobs. Whether or not that's a big deal going forward I don't know.

No. Even as a percentage of jobs it's not very useful. I.e, do you really believe that engineering/programming jobs peaked in late 2008 / early 2009?

Re: Is there some kind of tech crash happening right now?

#27

Post by forgotAgain »

Interesting, especially considering today's headlines regarding a possible immigration agreement in Washington.

What I've read about it so far indicates that provision for more foreign tech worker visas will be shoe-horned into any agreement. I wonder if the mega body shops have insider information on this and are holding back to get cheaper labor.

Re: Is there some kind of tech crash happening right now?

#28

Post by ChuckMcM »

svachalek wrote: post #10

I think you're just not using modern terminology: http://www.indeed.com/jobtrends?q=rock+star&l=

Long past the salad days of the code monkey http://www.indeed.com/jobtrends?q=code+monkey&l=

I think its an interesting way to drive traffic to the site. A variation on the "does this house from your neighborhood look like its worth a million bucks?" kinds of things I've seen Realtors do.

Any serious analysis of the health of the STEM job market would have to be a bit more rigorous than a text match search.

Re: Is there some kind of tech crash happening right now?

#29

Post by justizin »

jzf wrote: post #14

this chart does not empirically prove this. It only proves that less people are trafficking in these jobs through Indeed. These kinds of jobs are increasingly being found through other channels.

Right. It could actually show a downturn in the market for job posting sites like monster. When I worked for Simply Hired, I thought it was really odd that I found the job through Craigslist, but the White House was calling us for hard numbers indicating demand for skills in the job market.

Re: Is there some kind of tech crash happening right now?

#30

Post by cheez »

muzz wrote: post #26
kjackson2012 wrote: post #15

That's an interesting graph, and it seems like a material downturn, in my opinion. I wouldn't call it a crash though. There could be a variety of reasons: fiscal cliff concerns, startup series A crunch, etc. My guess is that the FB IPO debacle had a huge impact on funding in Silicon Valley, which probably killed a lot of jobs. Whether or not that's a big deal going forward I don't know.

No. Even as a percentage of jobs it's not very useful. I.e, do you really believe that engineering/programming jobs peaked in late 2008 / early 2009?

This may then be an indicator that hiring is generally picking back up. Gobama?
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