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Imo this is the worst market I've seen since 95 when I started.
by DoesntMatter22 3y ago
Imo this is the worst market I've seen since 95 when I started.
- strombofulous 3y agoWorse than the dotcom burst?
- DoesntMatter22 3y agoIn my experience yeah. The burst was relatively quick in it's downturn, it felt like hiring and optimism came back pretty quick. This time, there are the dark clouds of AI and lots of economic instability, along with higher interest rates to deal with. Not to mention record corporate debt. Also this time is much different because coding was marketed as a way to just go to bootcamp and get rich, so it brought in hundreds of thousands of people on the low end. Much diff than the dot com bust IMO.
- kypro 3y agoYeah, I'm not denying it's bad. It's the worst I've seen too – although it's picked up significantly from the start of the year. I would warn people against blaming the market entirely for their problems finding work. I've seen stats suggesting that most tech employees who have lost their jobs have been able to find work within a couple of months. My own experience suggests this is the case. It's harder for sure, but it's far from impossible. If someone's been looking for 6 months and are not even getting to the interview stage something else is going on. To blame it on the market would deny themselves the opportunity to self reflect on why they're finding it difficult. I've seen a lot of that this year.