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Clearly you've not been in a job search and can compare the software job market in 2016-2021 vs now. The market is not 'hot'. Warm, maybe. Lukewarm, definitely.
by a2xd94 3y ago
Clearly you've not been in a job search and can compare the software job market in 2016-2021 vs now. The market is not 'hot'. Warm, maybe. Lukewarm, definitely.
- jeffbee 3y agoI don't believe in anecdotes. I believe in data. According to the BLS, "Computing infrastructure providers, data processing, web hosting, and related services" sector added 6000 jobs last month and > 30k jobs in the past year. Unemployment among educated professionals stands at 2.2% which is ridiculous.
- a2xd94 3y agoCool data. Now for the real-life implication and meaning of those nice numbers, for the SW industry : - low unemployment + high employer demand for new positions + high wage growth = hot job market - where the market was in 2016-2021 - low unemployment + low employer demand for new positions + low wage growth = lukewarm job market - where the market was in 2022 - low unemployment + medium employer demand for new positions + low wage growth = warm job market - where the market is currently