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Job trends of HN Who Is Hiring?

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31–40 of 93 posts

Re: Job trends of HN Who Is Hiring?

#31
post #29

What a great reply this graph can make the next time we see VCs on X complaining how, "Everyone I talk to has so, so many engineering positions they just can't fill". By these measurements, the job market looks worse now than it did at the troughs of lockdown.

Ha. Not that anyone lies to VCs or anything.

Re: Job trends of HN Who Is Hiring?

#32
post #23

It's been really quiet. I was laid off twice in 2024. First in April after 10 years at the same place. There wasn't a lot. Got a new great opportunity, but restructurings happened, I was the last to join and... again laid off. But now it feels even more quiet than April-May-June. I've been debating cutting down my cover letter into a couple of lines just telling the company why I find the role interesting, and removi…

For one data point I always did better with a short, generic cover letter than a customized one. Maybe employers like you more if you don’t look too interested?

I've stopped doing cover letters entirely and have had more luck. I've heard the same from others too.

I do have a few separate resumes with different focuses, and tweak a one sentence summary at the top.

Re: Job trends of HN Who Is Hiring?

#38
I know this doesn't make things better, but it bears repeating: much as the media would like it to be, this is not caused by AI. Two major things happened in 2022 that everyone knew would cause this if they stuck around:

* The Section 174 changes went into effect, requiring all software to be expensed as R&D, which means it can't be deducted from profits directly and instead has to be amortized over 5 years [0].

* Interest rates went back up starting in Feb 2022 and continuing through Aug 2023. This chart [1] is a near-perfect mirror of the job trends.

I know this doesn't help anyone who's struggling right now, but it does serve to emphasize that this didn't just happen, and it wasn't the result of technological advances making us obsolete. Federal policy was set up to encourage an enormous amount of investment into software development, and it's now... not. Turns out politics matters.

[0] https://news.ycombinator.com/item?id=34627712

[1] https://fred.stlouisfed.org/graph/?g=1DfOX

Re: Job trends of HN Who Is Hiring?

#39

Trends? Start your own business because nobody is hiring. That's the trend i'm seeing... sigh.

Sincerely, yes.

A lot of talented people are struggling right now, but could take the time and energy they're spending on fruitless job applications and devote it to some modest-scale side project with commercial potential.

Worst-case scenario, you get an interesting portfolio project and something to talk about at a future interview. Possibly, you get something that pays the bills and avoids having to deal with everything that's gone wrong with tech hiring.

If you've been laid off from a technical role, you probably came away with enough knowledge to build a competing micro-service.

Re: Job trends of HN Who Is Hiring?

#40
post #23

Earlier quoted context omitted.

For one data point I always did better with a short, generic cover letter than a customized one. Maybe employers like you more if you don’t look too interested?

I've stopped doing cover letters entirely and have had more luck. I've heard the same from others too. I do have a few separate resumes with different focuses, and tweak a one sentence summary at the top.

That's a good idea. My summary is way too long.
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