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Aside from a throwaway line about a possible "macroeconomic meltdown", there seems to be little attention paid to big signs of an overall negative trend in tech

by bdrool 10y ago

Aside from a throwaway line about a possible "macroeconomic meltdown", there seems to be little attention paid to big signs of an overall negative trend in tech jobs: * "Bay Area: Tech job growth has rapidly decelerated" (from here: http://www.siliconvalley.com/2017/02/10/tech-job-growth-slows-in-bay-area/ http://www.siliconvalley.com/2017/02/10/tech-job-growth-slow...) * "Tech Jobs Took a Big Hit Last Year" (from here: http://fortune.com/2017/02/16/tech-jobs-layoffs-microsoft-intel/ http://fortune.com/2017/02/16/tech-jobs-layoffs-microsoft-in...) The first of those two articles has been submitted twice to HN with zero comments both times. The second has not been submitted at all as far as I can see. Is it possible there is a bit of a collective head-in-the-sand phenomenon going on?

spcelzrd 10y ago
Maybe SF is just full? At some point that city will no longer be able to support and endless parade of Python developers in skinny jeans. Also, decelerated job growth is still job growth. 3.5% growth doubles in 20 years. Not exactly panic time.
econner 10y ago
At the start of 2016 there was some consensus that things were cooling off. Markets were down, there were fewer seed stage investments and an all but dead tech IPO market for the first half of the year. Investors started to advise companies to lower their burn rates [https://bothsidesofthetable.com/so-what-is-the-right-level-of-burn-rate-for-a-startup-these-days-f514545e226b#.4dbbx7rxi https://bothsidesofthetable.com/so-what-is-the-right-level-o...]. Arguably the market conditions were driven by the 2015 - 2016 Chinese market turbulence [https://en.wikipedia.org/wiki/2015%E2%80%9316_Chinese_stock_market_turbulence https://en.wikipedia.org/wiki/2015%E2%80%9316_Chinese_stock_...], but who really knows. Growth has picked back up this year and I’d expect job growth to bounce back.

by bdrool 10y ago

spcelzrd 10y ago

Maybe SF is just full? At some point that city will no longer be able to support and endless parade of Python developers in skinny jeans. Also, decelerated job growth is still job growth. 3.5% growth doubles in 20 years. Not exactly panic time.

econner 10y ago

At the start of 2016 there was some consensus that things were cooling off. Markets were down, there were fewer seed stage investments and an all but dead tech IPO market for the first half of the year. Investors started to advise companies to lower their burn rates [https://bothsidesofthetable.com/so-what-is-the-right-level-of-burn-rate-for-a-startup-these-days-f514545e226b#.4dbbx7rxi https://bothsidesofthetable.com/so-what-is-the-right-level-o...]. Arguably the market conditions were driven by the 2015 - 2016 Chinese market turbulence [https://en.wikipedia.org/wiki/2015%E2%80%9316_Chinese_stock_market_turbulence https://en.wikipedia.org/wiki/2015%E2%80%9316_Chinese_stock_...], but who really knows. Growth has picked back up this year and I’d expect job growth to bounce back.