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Fred: Software Development Job Postings on Indeed in the United States
- hoerzu 2y agoClear shape of a bubble? What are your thoughts?
- cinntaile 2y agoThe graph is a bit misleading, at least on mobile. The y-axis starts at 60. The data is also limited. Edit: It's base 100 so my critique is unfair.
- com 2y agoThe y index is very misleading, from people who should know better
- rmbyrro 2y agoYes, but the peak is 3x the index prior to the bubble and now.
- ddenchev 2y agoThe graph is a bit odd on desktop too. The baseline is Feb 1, 2020, which equals 100 units on the y-axis. Given this normalization, I am less concerned about the y-axis starting at 60. However, the graph would be much more informative if there were 10 or 20 years of data. It's unclear to me why Feb 1, 2020 is a good baseline to use.
- diogocp 2y agoThis is an index with base 100.
- cinntaile 2y agoI missed that, thanks for pointing it out.
- nbrempel 2y agoIt would be nice if we could see the last 10 years.
- lolinder 2y agoYeah, using 2020 as a baseline for most industries is fine, but in the case of software the anomalous job market really started by 2014.
- dublinben 2y agoHere is total employment for "Computer Systems Design and Related Services" going back all the way to 1987. This is the best category I can find that includes data over a decade+ time frame. https://fred.stlouisfed.org/series/IPUMN54151W200000000 https://fred.stlouisfed.org/series/IPUMN54151W200000000 This category is defined by the BLS as "establishments primarily engaged in providing expertise in the field of information technologies through one or more of the following activities: (1) writing, modifying, testing, and supporting software to meet the needs of a particular customer; (2) planning and designing computer systems that integrate computer hardware, software, and communication technologies; (3) on-site management and operation of clients' computer systems and/or data processing facilities; and (4) other professional and technical computer related advice and services."
- hoerzu 2y agoTheory: - job titles change - indeed search demand constant - other platforms - 2022 height of bubble
- CyanLite2 2y agoIt seems every major job posting platform gets overran with spam and eventually candidates move to a new platform every ~5 years. First it was CareerBuilder, then Monster, then Dice, and now Indeed is having its day in the sun too. I wonder if the emergence of GenAI in the past 2 years have accelerated the spamification of Indeed and thus its demise. I’ve posted there and within minutes get hundreds of AI-generated “candidates” with practically the same resume/CV.
- whbrown 2y agoI doubt all the tracked job titles are in the example, but they do aggregate job titles to the category of 'Software Development': https://github.com/hiring-lab/job_postings_tracker/blob/master/sector-job-title-examples.csv https://github.com/hiring-lab/job_postings_tracker/blob/mast... And they do aggregate from other sources: https://www.hiringlab.org/indeed-data-faq-2/ https://www.hiringlab.org/indeed-data-faq-2/
- donatj 2y agoI really wish you could see this in the context of the prior decade when the economy was relatively stable.
- leeoniya 2y agoif you scroll down, looks like same shape as charts below it for other jobs that can be done remotely: banking, marketing, research, etc. what am i missing?
- whycombagator 2y agoThose graphs finish higher than the initial dip. The software one does not. But yes, the same overall shape.
- MattyMc 2y agoIt takes a bit of digging to find the definition of the index they’re using. From their GitHub page: “The data in this repository are the percentage change in seasonally-adjusted job postings since February 1, 2020, using a seven-day trailing average.”
- deleted 2y ago[deleted]
- globular-toast 2y agoCan we see more data? Here's the graph for all job postings in the US: https://fred.stlouisfed.org/series/IHLIDXUS https://fred.stlouisfed.org/series/IHLIDXUS Note all job postings were up in 2022 so if the point was about software in particular it should probably be normalised.
- hoerzu 2y agoOK clearly biased by the selection: https://www.bls.gov/opub/ted/2024/job-openings-rate-at-4-9-percent-in-june-2024.htm https://www.bls.gov/opub/ted/2024/job-openings-rate-at-4-9-p...
- globular-toast 2y agoYeah I think the signal is much smaller than it looks. UK saw a similar overshoot following COVID: https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/jobsandvacanciesintheuk/latest https://www.ons.gov.uk/employmentandlabourmarket/peopleinwor...
- flyingtuna 2y agoHadn't seen this one. Thanks for sharing
- hoerzu 2y agoOK chart axis is biased see here: https://www.bls.gov/opub/ted/2024/job-openings-rate-at-4-9-percent-in-june-2024.htm https://www.bls.gov/opub/ted/2024/job-openings-rate-at-4-9-p...
- armchairhacker 2y agoThis is job openings in general, OP's is software development.
- deleted 2y ago[deleted]
- chrismcb 2y ago"data in this graph are copyrighted." No, no they are not. Data can't be copyrighted, at least in the USA. The format of the days can be copyrighted. But not the data itself.