Live data from Hacker News

Tech employment now significantly worse than the 2008 or 2020 recessions

twitter.com

281–290 of 720 posts

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#281

Not dismissing that it’s a tough market for some but folks also need to learn how to read a chart. It shows a slight decline following a massive expansion. The primary thing going on in the market right now is a lot of companies simply over-hired during the post Covid boom and they’re correcting for that.

Things look crazy around 2022 in hindsight.

Looked crazy at the time too!

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#283

Earlier quoted context omitted.

I generally tend to interview every year to see what's out there in the world (sometimes I find something worth switching for, other times not). I'm not even looking very hard but have had 4 interviews in the last month. Personally I think it's a bit more nuanced than senior vs junior (though it is very hard for juniors right now). What I've seen a lot of hunger for is people with a track record of getting their hand…

> I'm not even looking very hard but have had 4 interviews in the last month. How many offers did you receive? Companies have also adopted your strategy: interviewing candidates "to see what's out there" - there's a job I interviewed for that's still open after 10 months.

As a candidate I don't mind doing a few highly speculative interviews. After not interviewing for a while it is good practice.

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#284

For the last 2 years I can't even get an interview despited having 14 years of experience and being up to date with development trends, libraries, languages, AI tooling, etc. I don't think the market is flooded with new devs as many state, I think we are in a deep silent crisis

I don't know. The company I work at is inviting candidates for interviews, and we have to make compromises because we can't get the exact profiles we are looking for. Something about your comment does not add up to me.

Locality. People want to work close to where they live and not all places are bustling with all kind of activity. I suspect you're hybrid or on site only, right?

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#285

Earlier quoted context omitted.

I see everyone say this but what is the point of making a fake job opening? Are companies just doing that to see if a unicorn applies?

There's a dozen different angles all coming out at once. I'll try to summarize some. - really wants to hire H1B, but needs to pretend to interview first for compliance. These usually have absurd requirements to make it viable to reject anyone. - really wants to do an internal or referral hire or promotion, but needs to interview for HR compliance. These usually have such specific requirements that only the person the…

> outdated posts that still stay up because There's no rush to take it down.

Can also happen when it takes 3 months to get a job posting approved, so once you get one you just leave it up.

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#286
post #214

Earlier quoted context omitted.

> I'm very much a "builder" type dev that has more fun going from 0-v1 than maintaining and expanding scalable, large systems. Maintaining and expanding is more challenging, which is why I’ve grown to prefer that. Greenfield and then leaving is too easy, you don’t learn the actually valuable lessons. As experience shows that projects won’t stay in the nice greenfield world, building them can feel like doing illusory…

This is unironically my favorite kind of HN comment: to say something incredibly rude and/or condescending but wrap it in the right kind of thoughtful language to qualify as HN nice The original punchline ("you don’t learn the actually valuable lessons.") was just a bit too sharp, so you even edited in a psuedo-clarification which actually just repeats that punchline but in a softer way, masterful!

And yet it is correct. The most valuable engineers today are those who have maintained and expanded the 0..v1 crap from others, and are now driven and ambitious enough to go build the next generation of 0..v1. Armed with that experience, the crap is minimal and value maximized.

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#287

Funny how the dip started years before we had meaningful AI codegen. Could speculate this is likely to be a shift in what gets funded and invested in.

That's because it's a macroecon dip, and the effect of AI on hiring has been greatly pre-empted as excuse

Yes, it's not that the company is doing badly, we're right sizing because of AI!

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#288

Hm what about the Citadel rebuttal that showed growth? https://www.citadelsecurities.com/news-and-insights/2026-glo...

Doesn't seem necessarily a contradiction. Job posting growth logically happens before effective job growth.

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#289

Earlier quoted context omitted.

TBH I'm like that, but how hard could writing a React component be? I'm not even a React programmer but I can probably write working code on a whiteboard.

The best candidates would have that question wrapped up in 5 minutes. Like they're not even having to think about it, which is honestly all I cared about testing for -- do something really easy really fast so I know you're not BSing me, and then we can move on to just having a conversation about your past experience. One of the worst guys took 20 minutes, with me having to coach him through it the entire time. It was…

My version of fizzbuzz (I'm in backend/ML/NLP) is counting how many times each word appears in a string. Literally `return Counter(text.lower().split())` but it's totally fine if you want to do it in a for loop or whatever, as long as you can fluently write an incredibly simple function.

Half of the people I screen fail it. It's crazy.

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#290

Earlier quoted context omitted.

I generally tend to interview every year to see what's out there in the world (sometimes I find something worth switching for, other times not). I'm not even looking very hard but have had 4 interviews in the last month. Personally I think it's a bit more nuanced than senior vs junior (though it is very hard for juniors right now). What I've seen a lot of hunger for is people with a track record of getting their hand…

> I'm not even looking very hard but have had 4 interviews in the last month. Did you get any offers yet? It seems the issue is not lack of interviews but lack of offers. Many companies are looking for a goldilocks candidate and are happy to pass on anything that doesn't match their ideal candidate

I got laid off at the end of last year and am currently interviewing for Staff+ DevOps/Platform Engineer type roles. I definitely feel this. I've had a decent flow of recruiter inquiries and had multiple companies go 2-3 rounds of interviews deep with me (not counting the initial "do you have a pulse" recruiter screen calls). Then the communication always seems to dry up and I'm left to wonder what box I failed to check on their hiring rubric.

Semi related, holy hell do companies have a lot of interview rounds these days. It seems pretty standard to spread 5-6 Teams calls over the course of a month. I get that these are high salary, high impact roles and you want to get it right. But this feels really excessive. And I'm not talking about FAANG tech giants here. It's everyone, from startups to random midsize insurance companies.

Post reply on HN