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Tech job market has certainly collapsed. Two data points: - software engineer job postings are down 70% year/year - product manager job postings are down 90%
by lowkey 2y ago
Tech job market has certainly collapsed. Two data points:
- software engineer job postings are down 70% year/year
- product manager job postings are down 90% over the past 2 years on LinkedIn
- mikeyouse 2y agoCollapsed is a bit dramatic - not sure where your job posting stats are coming from but this is another area the BLS tracks - down from 2021 but still very healthy considering the extremely low unemployment rate: Jobs: https://fred.stlouisfed.org/graph/?g=1oue8 https://fred.stlouisfed.org/graph/?g=1oue8 Job openings: https://fred.stlouisfed.org/graph/?g=1oudP https://fred.stlouisfed.org/graph/?g=1oudP
- pseudalopex 2y agoThey said tech job market, software engineers, project managers. Your links were all jobs. https://fred.stlouisfed.org/series/IHLIDXUSTPSOFTDEVE https://fred.stlouisfed.org/series/IHLIDXUSTPSOFTDEVE
- mikeyouse 2y agoAll ‘information’ jobs which is a superset for most tech roles. One more data point against the collapse narrative is that we’ve never had so many software developers working in the US: https://fred.stlouisfed.org/series/IPUJN5112W200000000 https://fred.stlouisfed.org/series/IPUJN5112W200000000
- pseudalopex 2y ago> All ‘information’ jobs which is a superset for most tech roles. I should have been clearer. They made claims about specific jobs. You replied with data about all jobs in a collection of industries. And the collection of industries isn't even limited to what people would call tech companies in fact. > One more data point against the collapse narrative is that we’ve never had so many software developers working in the US: https://fred.stlouisfed.org/series/IPUJN5112W200000000 https://fred.stlouisfed.org/series/IPUJN5112W200000000 This showed companies classified software publishers employed more people than ever. Your claim could be true. But the chart showed something else.
- spacemadness 2y agoLinkedIn postings being down might be an indicator but you can’t just use that to indicate the market has collapsed.