Dice.com Shows 45% Drop In Tech Jobs

Dice shows a 45% drop in jobs advertised on their site. There's a very good chance some companies are simply moving their job postings elsewhere or cutting down the number of sites they advertise on in order to reduce costs, or perhaps decrease the flood of resumes.

Re: Dice.com Shows 45% Drop In Tech Jobs

#5

Post by pj » Fri, Apr 03, 2009, 5:54 PM UTC

stcredzero wrote: post #2

Remember that jobs are a lagging indicator.

What do you think is going to happen to all the people who got laid off?

Re: Dice.com Shows 45% Drop In Tech Jobs

#6

Post by medianama » Fri, Apr 03, 2009, 5:55 PM UTC

I run a free job site and I've seen 20-25% increase in postings...

Number of visitors are increasing 30-35% every month. Seems like good times to me.

Re: Dice.com Shows 45% Drop In Tech Jobs

#7

Post by curej » Fri, Apr 03, 2009, 6:06 PM UTC

pj wrote: post #5

stcredzero wrote: post #2

Remember that jobs are a lagging indicator.

What do you think is going to happen to all the people who got laid off?

If they work in IT they have a much better chance of finding a job than anyone else does right now - because of the long-term trend of labor shortages in IT.

Re: Dice.com Shows 45% Drop In Tech Jobs

#8

Post by TomOfTTB » Fri, Apr 03, 2009, 6:08 PM UTC

cstejerean wrote: post #4

Dice shows a 45% drop in jobs advertised on their site. There's a very good chance some companies are simply moving their job postings elsewhere or cutting down the number of sites they advertise on in order to reduce costs, or perhaps decrease the flood of resumes.

Not only that it's important to remember that a lot of people are being shifted around.

For example, Microsoft regularly had hundreds of job openings before the downturn. So if they make cuts now the cut employees are going to take those other open jobs. That gives you a massive drop in listings from Microsoft even though no one actually became unemployed.

I mean, there are clearly fewer jobs out there and I'm not saying things aren't bad. I'm just saying a drop in listings probably isn't the best indicator of how bad.

Re: Dice.com Shows 45% Drop In Tech Jobs

#9

Post by coglethorpe » Fri, Apr 03, 2009, 6:28 PM UTC

medianama wrote: post #6

I run a free job site and I've seen 20-25% increase in postings... Number of visitors are increasing 30-35% every month. Seems like good times to me.

I run a personal finance blog and wrote a few posts about jobs. Some of the best performing posts I've had in terms of search traffic.

Re: Dice.com Shows 45% Drop In Tech Jobs

#10

Post by medianama » Fri, Apr 03, 2009, 6:36 PM UTC

coglethorpe wrote: post #9

medianama wrote: post #6

I run a free job site and I've seen 20-25% increase in postings... Number of visitors are increasing 30-35% every month. Seems like good times to me.

I run a personal finance blog and wrote a few posts about jobs. Some of the best performing posts I've had in terms of search traffic.

I hardly get any search traffic - around 15%, majority of them searched for my domain name, in some form or the other.