IT employment grew by just 700 jobs in 2023

Post by kypro » Tue, Jan 09, 2024, 12:06 AM UTC

achates wrote: post #237

selfmodruntime wrote: post #157

Earlier quoted context omitted.

How people still believe that importing masses of immigrants from poorer nations who are used to a fraction of the standard of living and will be contempt with much less money has no effect on employment / wages is beyond me.

We even have an example of what a train wreck it is in Canada, with stagnant productivity, a housing bubble and overcrowded public services. But we're determined to make the exact same mistakes.

Post by wyclif » Tue, Jan 09, 2024, 12:12 AM UTC

nostrademons wrote: post #240

deadghost wrote: post #185

Earlier quoted context omitted.

My previous company was doing this. I basically quit out of frustration. They weren't much better than picking random people off the street and pointing them at code. It bled into my work life when they took over a project I was on and was pinging me constantly with "hello" and "good morning" expecting to jump on calls with their teams to explain exactly how to do their jobs. An example to illustrate what I was worki…

My company's doing apprenticeships; take somebody with no CS education, not even a college degree, and teach them to code. It's an interesting model, I remember folks on HN calling for more companies to try it since it seems to have had some success in Germany, but I predict a lot more security bugs and unmaintainable code in the near future.

Post by wavemode » Tue, Jan 09, 2024, 12:17 AM UTC

thomascgalvin wrote: post #212

> Based on analysis of US Bureau of Labor Statistics data by Janco, news that the IT industry added just 700 jobs following an estimated 262,242 jobs lost amid mass layoffs is shocking, but not surprising. So it isn't that only 700 jobs were created, it's that despite the massive layoffs everyone is reporting on and focusing on, there was actually a small net positive in job growth. > Currently, there are almost 100K…

Post by sidlls » Tue, Jan 09, 2024, 12:20 AM UTC

closeparen wrote: post #228

ptero wrote: post #224

Earlier quoted context omitted.

I think you are absolutely right that there appears to be some low hanging fruit for tech companies to pick by looking to "second tier metros". But I inertia and (lack of) critical mass play a big role. In the past decade (i.e., when the money was plentiful) when a startup is young, the TC of its engineers rarely makes or breaks the startup. Being able to get an MVP out and iterate quickly is more important, so it wa…

Tech is moving rapidly out of Silicon Valley... but strangely, straight to the developing world, skipping second-tier metros.

Post by CoastalCoder » Tue, Jan 09, 2024, 12:22 AM UTC

itsoktocry wrote: post #47

DebtDeflation wrote: post #9

That confirms my anecdotal experience. At times I felt I was losing my mind with all the "record low unemployment" and "soft landing" stories in the press. 2021 and 2022 felt like great years in terms of the job market. 2023 felt horrible.

> 2021 and 2022 felt like great years in terms of the job market. 2023 felt horrible. Well, we had people bragging about working 2, 3 or more remote jobs in 2021/2022, so I'm not sure that should be the expectations anchor. 2023 reversed some of that. We're in a lull, no doubt. But there's still a lot happening.