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> Based on analysis of US Bureau of Labor Statistics data by Janco, news that the IT industry added just 700 jobs following an estimated 262,242 jobs lost amid
by thomascgalvin 3y ago
> Based on analysis of US Bureau of Labor Statistics data by Janco, news that the IT industry added just 700 jobs following an estimated 262,242 jobs lost amid mass layoffs is shocking, but not surprising.
So it isn't that only 700 jobs were created, it's that despite the massive layoffs everyone is reporting on and focusing on, there was actually a small net positive in job growth.
> Currently, there are almost 100K unfilled jobs with over 101K unemployed IT Pros – a skills mismatch.
Staying current with skills is always part of an IT professional's job. Additionally, I suspect that a lot of these unfilled positions are either paying too low, or aren't real jobs.
- brailsafe 3y agoAll Principal/Staff positions or laptop repair. Canada's latest economic report had a net positive of only 100 jobs in the entirety of the labor market.
- throwup238 3y agoThere's only so much Maple syrup to harvest!
- drpgq 3y agoWith a massive growth of people.
- wyclif 3y agoIsn't Canada still hiring loads of Filipino nurses, physical therapists, and caregivers?
- brailsafe 3y agoI don't know why Filipino would be a necessary qualifier, even if that's been a pretty common demographic, but yes there's a lot of health care stuff still.
- hooverd 3y agoHow many of those 100K unfilled jobs are real?
- tymscar 3y agoWay closer to 0 than to 100k
- UncleOxidant 3y ago> So it isn't that only 700 jobs were created, it's that despite the massive layoffs everyone is reporting on and focusing on, there was actually a small net positive in job growth. Were it not for December hiring (which is usually pretty low in most years, but was the highest for any month last year according to the data) it would've been negative. That could mean that things are improving in the tech job market - have to see if the trend continues into January, February this year.
- HumblyTossed 3y ago> Staying current with skills is always part of an IT professional's job. Gotta love capitalism. CEO sees some shiny new thing and all the sudden some poor shlub's entire livelihood is fucked.
- psunavy03 3y agoPour one out for the buggy whip manufacturers . . .
- madsbuch 3y agoI am realising that this is what taxes pays for in Denmark. I have a masters in computer science (5 year, postgraduate + thesis, Aarhus University which is top 100 and even higher for PL + semantics, which is my thesis subject) that I received tuition free and I am continuing with a professional degree in business at a reasonable tuition at 10k USD for the entire degree. It appears like continual learning should be a tax as it is non-negotiable for people living in a modern world. Just like roads, hospitals, military, etc. (Maybe it is just my European midnset that speaks here)
- nightski 3y agoI don't necessarily think it needs to be government run. The best schools in America are private. Ironically government support (the federal student loan system) is imo largely responsible for crazy high tuition in the U.S. Maybe there is just less demand in Denmark? But I feel like demand surged here, and with easy access to capital it drove prices to absurd levels.
- tootie 3y agoIt's 700 net, but that's generally how numbers are reported. When we get the national BLS numbers of "178,000 jobs created in October" that number is always net. In reality, most months you'll see a few million jobs created and a few million terminated.
- wavemode 3y agoYeah but over 100,000 people graduate in CS/IT per year. 700 net jobs is rough. (I should know - several of those graduates are old friends of mine who struggled massively to find jobs.)
- grogenaut 3y agoHow many retire/quit/die each year
- kredd 3y agoRelatively young industry, the population pyramid of workers would have more people at the bottom. So gaining only 700 jobs isn’t that fun. That being said, I feel bad for newgrads, since it feels like nobody wants to train them anymore. Any job posting I’ve seen is mostly 2-3 year minimum experience at a professional level.
- grogenaut 3y agoNo one wanted to hire new grads when I first started working in 2000... Except startups. And it was very slim pickings until you had 3 years under your belt. This isn't a new phenomenon.
- kredd 3y agoWell, that would mean we’re just rolling back to 2000s era? I did finish a pretty decent university to be fair, but had options right after grad even in mid-sized companies. So did my peers.
- ehnto 3y agoI have genuinely never seen an in-house training program in the software industry. Maybe some bullshit industry certs that amount to a single exam. But nothing like an apprenticeship style program where over a year you are taught and mentored. Even university doesn't teach you how to work in the industry. It's a very DIY career, we should probably change that.
- refulgentis 3y agoOne of the stranger victory laps I've ever seen
- burnte 3y ago> So it isn't that only 700 jobs were created, it's that despite the massive layoffs everyone is reporting on and focusing on, there was actually a small net positive in job growth. ^ This guy reads.
- burnte 3y agoOof, tough crowd.
- jzb 3y agoI wonder how many “unfilled” roles are ghost jobs. I keep seeing the same roles re-posted or just never filled.
- jonnycoder 3y agoI'm an unemployed staff/sr level software engineer who's been unemployed for 4 months. The only interview I got in the past 3 months was due to an internal referral. I'm seeing a lot of similar re-posts.
- the_only_law 3y agoBasically my story, but with a longer timescale. I was getting rejected from jobs that seemed a perfect fit for my resume. End up getting a job I wasn’t qualified for on paper via referral. And some of those jobs that rejected me are still reposting the same damn job monthly.
- coffeecloud 3y ago"Skill mismatch" could also mean experience mismatch. I would imagine a mismatch is more often about a company wanting someone with 10 years experience in a particular domaine than about a Java developer needing to learn python. You can't take an online course or build a couple side projects and be qualified to run a 1M+ qps distributed system.
- loa_in_ 3y agoit can also be a sign of company looking for graduates to hire for cheap, so they're looking for inexperienced only.
- ShadowBanThis01 3y agoYes, this "statistic" makes no sense. No fucking way was there a net addition of jobs.