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Is anyone aware of how hard covid hit the software engineering community via early deaths/retirements? This downturn is going to be weird all over the economy b
by lovich 4y ago
Is anyone aware of how hard covid hit the software engineering community via early deaths/retirements? This downturn is going to be weird all over the economy because unlike normal recessions its coming right after a structural change to the labor market which is why were still seeing historically low unemployment rates despite these rate hikes and layoffs. Every company who was profitable to begin with has been hungry to snap up employees still.
Not saying this is necessarily true with software since were a niche of the economy and may have a different outlook, but the affect of covid on our number would help figure that out
- madengr 4y ago
- trustfundbaby 4y ago> Is anyone aware of how hard covid hit the software engineering community via early deaths/retirements? Can you provide some data around that?
- lovich 4y agoI phrased that awkwardly. I meant, does anyone know where/if that data exists. I didn't mean to ask it rhetorically.
- rurp 4y agoThis article[0] doesn't discuss the tech industry specifically, but Jerome Powell recently stated that deaths from covid is a notable factor in the labor shortfall. Those deaths, along with early retirements and decreased immigration, have left the labor market about 3.5 million people lighter than it would have been without covid. [0]https://www.axios.com/2022/12/16/the-missing-workers-who-are-never-coming-back https://www.axios.com/2022/12/16/the-missing-workers-who-are...