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Lowest “Who is hiring?” Post Count in 30 Months

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121–130 of 318 posts

Re: Lowest “Who is hiring?” Post Count in 30 Months

#122

Earlier quoted context omitted.

How can you call it a leading indicator of the tech job market when it is a tech job market?

It is a pretty narrow segment of a much larger market, presumably.

"Startups quit hiring first," sounds like a leading indicator on the surface, but if you think about it that also means that they will stop hiring during smaller dips that later pick back up. Every big dip has to do through the smaller dip state, but since plenty of smaller dips recover it is still a martingale - unless it isn't, but if it isn't that's the cause of my surprise.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#123

I feel like people are trying to wish the economy into a recession / depression, but I really don't see it happening. I do see some belt tightening wrt SaaS expenditures. There's still a massive demand for labor. While the housing market has fallen, the actual cost of buying a house is still rising. Rate increases have well outpaced the list price reductions. So I think all this talk of a recession is just a bunch of…

It feels like _something_ is happening, but it's not quite the recession that people are fearing. The US is somehow at the lowest unemployment rates we've seen and people are saying it's all going to collapse which just feels off. If the US hits 5% unemployment that simultaneously worse off than where we are but still a solid economic position. My pet theory is that everyone is just tired, so damned tired, and seeps…

Remember that people that are not employed are only considered "unemployed" in that metric if they have been "looking for a job".

If you stop looking for 4 weeks, you're not employed but not "unemployed" (in their numbers).

Re: Lowest “Who is hiring?” Post Count in 30 Months

#125

So you're saying that the economy was worse in 2016 than it is now? That is the only possible direct conclusion I can read from your research.

You could both be making more money and have more money in the bank, but if you're worried you might be laid off soon you might not spend as much as you did last year.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#126

I don't know the intention of the author, but I see like a lot of "Look, it's happening! The economy is going down!" posts pop up these days. Which may be true, but it can also be a self-fulfilling profecy if everyone is doing that on all platforms. Which would be a shame. I'm not saying HN and other platforms should censor (/ take action) either. It's just a thought I have on this subject, and I don't know if there…

I see what you are saying, but I think the impact of a post like this on something so intangible as "market sentiment" is extremely tenuous. It's hard to measure/quantify but I'd be shocked if it's more than a rounding error.

On the other hand, there are actual fundamentals like economy-wide inflation, employment numbers, GDP growth, supply/demand curves, etc., and it's important as an operator to have information about how the economy actually is, and more importantly how it's changing. I think the benefit of a post like this is much less tenuous; it provides insight into how the broader market conditions are panning out in our specific corner of the economy.

So yes, every measurement perturbs the system under measurement. In some cases that can be substantial. But in this case I don't think it is so.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#127

Earlier quoted context omitted.

I believe the intent is to share as a possible leading indicator. I don't know the OP's exact reasoning, but I have tracked this data for years at hntrends.com and it was my original thesis that this thread is a leading indicator of the tech job market at a minimum.

How can you call it a leading indicator of the tech job market when it is a tech job market?

Not the author but I would assume they mean that "Who is hiring" was indicative of the job market outside the HN thread itself, in a macro-perspective.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#128

I don't know the intention of the author, but I see like a lot of "Look, it's happening! The economy is going down!" posts pop up these days. Which may be true, but it can also be a self-fulfilling profecy if everyone is doing that on all platforms. Which would be a shame. I'm not saying HN and other platforms should censor (/ take action) either. It's just a thought I have on this subject, and I don't know if there…

We're also heading into the holiday season, and notably "Open Enrollment" for health insurance, which is titanic industry who typically freezes their code in September. Lots of companies slack off or halt their hiring, particularly health insurance during this period. And also all the inflation and recession action going on. So it's likely a combination of the two.

The first factor, if valid, would have shown up in previous years too, no?

Re: Lowest “Who is hiring?” Post Count in 30 Months

#129

Has anyone actually gotten much success in either direction (hirer/candidate) from these posts?

My current position is directly attributable to a "who wants to be hired?" post where the founders reached out to me directly. I have gotten to final offer stage with at least four companies in the past two years, and had several dozen more interesting conversations about potential opportunities that have all come through the "who wants to be hired?" thread. I post every month on the "who wants to be hired?" thread e…

That's really neat to hear your experience, and I'm glad to see there are some successes! I wonder if the success rate is higher than similar job boards or linkedin-esqe spam outreach.

Also, can you expand a bit more on the "those who get it" vs "those who don't"? What are you looking for here? What do you mean selling features vs. benefits?

Re: Lowest “Who is hiring?” Post Count in 30 Months

#130

Earlier quoted context omitted.

I believe the intent is to share as a possible leading indicator. I don't know the OP's exact reasoning, but I have tracked this data for years at hntrends.com and it was my original thesis that this thread is a leading indicator of the tech job market at a minimum.

How can you call it a leading indicator of the tech job market when it is a tech job market?

Leading indicator of the (overall) tech job market is a better way to put it. The job postings in The Who Is Hiring? threads are a small sliver of the overall industry.
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