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Software engineering job openings hit five-year low?

blog.pragmaticengineer.com

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Re: Software engineering job openings hit five-year low?

#221

Post by lazide »

acdha wrote: post #205
lazide wrote: post #100

Earlier quoted context omitted.

It’s really hard to see what a team/people on it is actually doing if people are remote. It’s also much harder in general to communicate less formally and form deep relationships. For execs and managers, this can be a big problem. If it isn’t possible to do it the ‘old way’, remote work can and does work (albeit in different ways and with different constraints). But if doing remote work, why not do it somewhere else?

> It’s really hard to see what a team/people on it is actually doing if people are remote. Only if you are thinking like a McDonald’s shift manager. Measuring software developers by time-in-seat is tacitly acknowledging that your managers aren’t doing their jobs up to the C-suite.

Nothing I said is related to what you’re saying.

Re: Software engineering job openings hit five-year low?

#222

Post by dyauspitr »

ozim wrote: post #178
dyauspitr wrote: post #117

Earlier quoted context omitted.

The 10% interest they would have to pay on the loans is almost as much as the capital gains would be.

If capital gains tax is 15% that 5% on let’s say $1mil is $50k that is not „almost as much” if you can pay 10%. You are not getting rich by throwing $50k to trash.

10% compounded which means it gets much closer to 15%

Re: Software engineering job openings hit five-year low?

#223

Post by madcaptenor »

rob74 wrote: post #158
dragonwriter wrote: post #142

The charts show software dev gaining more jobs under the COVID demand and stimulus swing, and then losing more as those went away and monetary policy got tighter than even it had been even before the COVID stimulus. The easiest explanation for the whole chart is "Software dev is more reactive to the monetary policy environment than most other industries, because more of it is funded by new capital investment -- wheth…

Or, to put it in another way, the amplitude of the pork cycle ( https://en.wikipedia.org/wiki/Pork_cycle ) is higher for software developers than for other jobs.

I had not heard of the pork cycle and thought this was going to be about the factoid that the McRib only exists when pork is cheap.

Re: Software engineering job openings hit five-year low?

#224

Post by fuy »

Toutouxc wrote: post #160
astone26 wrote: post #95

Earlier quoted context omitted.

Dev costs are around 40-45 USD per hour for a lower average in Ukraine. Annual salary would be closer to 90K.

Is that 90k the "lower average"? In Ukraine? I find that very hard to believe. Even here in Czechia that would put you firmly in the top 5 %. I don't think I personally know more than 2 people who make anything like that, and one of them isn't even in IT.

Top 5% overall or top 5% of dev jobs? Former sure, latter might be not? I live in Prague, and there are definitely multiple companies that pay more than 90k to middle positions. especially if it's before taxes.

Re: Software engineering job openings hit five-year low?

#225

Post by lubujackson »

achierius wrote: post #204
jvanderbot wrote: post #188

Earlier quoted context omitted.

How are sec 175 changes in the US not also a top explanation? This has a massive cost to small businesses and startups trying to hire software engineers, and a big impact to any team trying to grow.

Because the data doesn't match. The author addresses this in his blog post -- essentially every country has the same graph of SWE jobs, but only the US has sec 175.

Big tech layoffs were a global issue and U.S. tech firms hire (and fire) globally. So like it or not, U.S. economic issues have a downstream impact around the world.

Sec 175 especially hurt small to mid-size tech companies (especially fast growing ones...) which I imagine amplified the problem across the board.

Re: Software engineering job openings hit five-year low?

#226

Post by andro_dev »

finolex1 wrote: post #74
andro_dev wrote: post #7

The number of job postings means nothing. 75% of the job postings are either scam or ghost postings.

It's the trend that matters, not the absolute numbers

The scams and fake job postings on the market are also increasing rapidly, outpacing the growth of overall job listings. This trend is significantly affecting the accuracy of employment and job availability tracking.

Re: Software engineering job openings hit five-year low?

#227

Post by dragonwriter »

bilbo0s wrote: post #162
dragonwriter wrote: post #142

The charts show software dev gaining more jobs under the COVID demand and stimulus swing, and then losing more as those went away and monetary policy got tighter than even it had been even before the COVID stimulus. The easiest explanation for the whole chart is "Software dev is more reactive to the monetary policy environment than most other industries, because more of it is funded by new capital investment -- wheth…

Kind of makes you wonder what percentage of software devs are actually working the famed "bullshit jobs"?

Jobs funded by speculative investment that are highly sensitive to monetary policy are pretty orthogonal to the kind of thing addressed by "bullshit jobs" theory. They may be societally harmful or low-social-value more often than other jobs, but generally for very different reasons than bullshit jobs. They are "lottery ticket" jobs, where many are wasted, some are very valuable, and its hard to predict in advance which are which (for investor value; for various reasons endemic to capitalism more generally, this is a very imperfect proxy for social value, but that problem is also mostly orthogonal to the kind off harmful job "bullshit jobs" addresses.)

Re: Software engineering job openings hit five-year low?

#228

Post by tome »

andro_dev wrote: post #226
finolex1 wrote: post #74

Earlier quoted context omitted.

It's the trend that matters, not the absolute numbers

The scams and fake job postings on the market are also increasing rapidly, outpacing the growth of overall job listings. This trend is significantly affecting the accuracy of employment and job availability tracking.

So the decline is even bigger than it looks?

Re: Software engineering job openings hit five-year low?

#229

Post by dragonwriter »

jvanderbot wrote: post #188
dragonwriter wrote: post #142

The charts show software dev gaining more jobs under the COVID demand and stimulus swing, and then losing more as those went away and monetary policy got tighter than even it had been even before the COVID stimulus. The easiest explanation for the whole chart is "Software dev is more reactive to the monetary policy environment than most other industries, because more of it is funded by new capital investment -- wheth…

How are sec 175 changes in the US not also a top explanation? This has a massive cost to small businesses and startups trying to hire software engineers, and a big impact to any team trying to grow.

> How are sec 175 changes in the US not also a top explanation?

You mean the change from deductible as a current expense to five-year amortization under changes to Sec 174? In an easy money situation, the way it increases tax liability in year one while decreasing in year 2-5 is not a big deal, it becomes more of an issue as the cost of financing goes up, so the main effect is to increase the already-high sensitivity of software development to tightening credit.

Re: Software engineering job openings hit five-year low?

#230

Post by andro_dev »

tome wrote: post #228
andro_dev wrote: post #226

Earlier quoted context omitted.

The scams and fake job postings on the market are also increasing rapidly, outpacing the growth of overall job listings. This trend is significantly affecting the accuracy of employment and job availability tracking.

So the decline is even bigger than it looks?

https://www.cbsnews.com/news/fake-job-listing-ghost-jobs-cbs...
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