Earlier quoted context omitted.
Reality is not particularly rosy for new graduates AFAIK. If I lose my job, I wouldn't be super surprised that I might never get a similar job for the rest of my life -- it is not that I do not have the skills, but 1) the amount of time for a laid off SDE to get a new job could reach to years, not months, so I need to do something else to earn $$$, and 2) why are companies going to hire me, who have gap years and are…
>Reality is not particularly rosy for new graduates AFAIK I looked at the statistics[1], and while you could argue new graduates have seen worse (recent grad unemployment is actually lower than much of the 2010s), you can also see that in contrast to previous periods where new grad unemployment is lower than all worker unemployment, this time around new grad unemployment is actually slightly higher. However if you lo…
Of course you also need to look at underemployment too. Which CS is on the lower end of that. So you have to consider things like that even though there's a higher unemployment rate than performing arts (2x) there is far lower underemployment because people expect to get jobs in their field for CS.
There's more you need to look at too. It's not so easy and you shouldn't just use such a high level approximation if you want to make sense of the data.
Hiring lab has some more interesting information to like the number of postings. CS is way down from "prepandemic" levels, but unfortunately only goes to 2020 (hence the quotes).
