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"In the years immediately following the dot-com meltdown, there was more tech labor than there were tech jobs. That didn’t last long. By 2005, the tech economy
by blakesterz 2y ago
"In the years immediately following the dot-com meltdown, there was more tech labor than there were tech jobs. That didn’t last long. By 2005, the tech economy had bounced back on its own. After that, the emergence of mobile (a new and lucrative category of tech) plus low interest rate policy by central banks fueled demand for tech. Before the first decade of the century was out, “tech labor scarcity” became an accepted norm."
I'll just add if you lived through that time it did NOT feel like a short amount of time. It felt like a really, reallllly lonnng time.
- cybwraith 2y agoYep! And even if you did manage to have a decent job, the effort of keeping it led to extra long hours and stress. I was entering early career right after the dotcom bust and it was very rough going.
- diogenescynic 2y agoAgree, 2000 to 2005 felt a lot longer than 2019 to 2024 felt...
- jfengel 2y ago2019 to 2024 was extra weird, with a big chunk of time just kinda vanishing.