Well you’re right in that I haven’t been looking for jobs recently, but I find it extremely hard to believe that large grants and salaries are no longer a thing in the software industry at large. A few friends-of-friends I know very recently got nice grants and salaries, with large Mega Corps, but that’s always where the money was?
Everyone on HN knows someone's brother's nephew's wife's cousin's former roommate who makes $600K at MegaCorp FAANG but those kinds of opportunities aren't (and have never been) common. Especially now during our first tech bear market in what, 13 years?
Yeah good point, and 13 years is more or less the length of my career so it’s all I’ve known (feel like I will regret saying that I haven’t been programming for 192 years on HN but oh well)
At the same time, it’s 13 years of data backing up the claim, though they probably said the same thing before the dotcom bubble exploded, didn’t they, weee
What’s the unemployment rate for software developers? Still basically zero. It’s never moved, but for some reason people seem to think it has. That’s weird.
WSJ reported a few days ago that IT job growth is down year-over-year from 279,000 to 700. It's not contraction yet, but it is effectively the end of a long run of rapid growth.
Yes, the number of unfilled tech positions has stopped growing but the absolute number is still in the hundreds of thousands in the US alone. There is no shortage of jobs. Maybe there will be, but there isn’t and hasn’t been.
You will find work but a lot of those jobs got pushed downmarket, to early stage firms, as late stage and public companies are short of cash now. And those early stage companies dont pay you as much or at least not in cash
