May 2024: The tech layoffs have oversaturated the USA tech job market.

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  • Опубликовано: 2 май 2024
  • I was given some metrics out of the expensive LinkedIn recruiter product for a range of titles, so I did some data science on them... here is the result.
    The USA tech industry does not currently have enough open roles to allow the bulk of experienced engineers to find work, there have been too many layoffs and now the market is oversaturated with qualified engineers looking for work.
    If the numbers are incorrect, please let me know. I'm happy to do new data science as I get updated data.
    It doesn't matter how many years of experience you have if multiple other people with the same large amount of experience is also looking for work. At that point, its RNG.
    The numbers are even worse for mid level engineers or junior engineers with no experience.; In fact they are so bad that I feared making them public would create physical harm to jr. level engineers.
    Companies do not want inexperienced or unskilled engineers in these roles and the glut of sr.+ level people available means that jr. level people are going to be competing with Sr.+ level people for Jr level roles, and hiring managers are simply going to prioritize the sr. level people with the experience they need.
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Комментарии • 908

  • @VictoryXR
    @VictoryXR 2 месяца назад +405

    Fellow software engineer. Jobless 15 months. Currently homeless 🥺

    • @parulkumar8606
      @parulkumar8606 2 месяца назад +80

      Very disheartening to hear. I hope things will get better for you.

    • @EPmessi9800
      @EPmessi9800 2 месяца назад +75

      Holy fuck, what is up with this country

    • @censoredeveryday3320
      @censoredeveryday3320 2 месяца назад +24

      6 months here. Where do you live? Just sleeping on friend's couch?

    • @soundwarfare
      @soundwarfare 2 месяца назад +21

      Don't give up on yourself. You have value!

    • @YorktownUSA
      @YorktownUSA 2 месяца назад +8

      Damn 😟

  • @DanStrohschein
    @DanStrohschein 2 месяца назад +188

    I got laid off last week as a software engineering leader (Director). WIth 27 years as a software engineer, this is the worst I have ever seen it. It's a perfect storm: Section 174 of the tax code kicking in, Interest rates sky high so money is too expensive to borrow, and an election year where companies are waiting to see who gets into office before they spend - It's downright terrible. This will have an instant impact where the US falls way behind china and india. A lot of us are going to leave the field - sure tech pays the best, but when its watch your family starve and go homeless or take on 3 menial jobs, you take on those 3 jobs and eventually you grow in one of them. I wouldn't be surprised if a lot of our engineers started working for companies overseas now. I keep thinking, well, we had a good run.

    • @mariodiana7327
      @mariodiana7327 2 месяца назад +17

      "It's a perfect storm: Section 174 of the tax code kicking in, Interest rates sky high so money is too expensive to borrow, and an election year where companies are waiting to see who gets into office before they spend." You have hit the nail on the head!

    • @ystar13
      @ystar13 2 месяца назад +7

      well said - section 174 also is not in the discussion as much as it should be

    • @onewizzard
      @onewizzard 2 месяца назад +8

      As a director, you knew that trimming the fat was just a matter of time. You take 5 top tier engineers and they can do the work of 1,000 average engineers. You've seen your fair share of fake engineers, though they are humans too, they have no business being in a software Engineer. The truth hurts but there are just too many people in the industry.

    • @mariodiana7327
      @mariodiana7327 2 месяца назад +18

      I've heard the expression "10x engineer," but by your numbers it comes out to more like 200x. I'll give you the benefit of the doubt and allow for hyperbole. But this idea you have of what exactly was "the fat" is what I really take objection to. Tech is notorious for its booms and busts. The boom-and-bust cycle in tech isn't driven by engineers, neither everyday ones nor the 200x ones. It's driven by cheap money policies from the Fed fueling the booms, and then the eventual money tightening policies causing the busts.
      Tech is inherently future oriented and lends itself to ideas of hitting on the "next big thing." Cheap money policies allow big shot investors to fund, say, 60 speculative ventures. Maybe this is 60 different companies or several ventures (a.k.a. products) in a single company. The diversification takes into account that many will ultimately be more or less profitable, a good number will simply fail and lose the funds invested, but maybe one or two may hit on the next big thing, or something very close to it. This kind of speculation gets more and more intense-more risky-the cheaper credit becomes.
      The "fat," as you put it, is actually the ventures. Many tech companies are operating under the principle of "build it and they will come." Investors are willing to play along until credit tightens up and becomes expensive again. It's then we find out the "they," in many cases, are never coming, and these ventures have to be cut back radically, or simply shut down. As Warren Buffett has put it, "When the tide goes out, we see who has been swimming naked." That's what we're seeing now.

    • @ystar13
      @ystar13 2 месяца назад

      @@mariodiana7327 well said

  • @zshn
    @zshn 2 месяца назад +100

    My current lead software engineer was previously a Director at a same size company that laid him off. Needless to say, he's completely disengaged in all the meetings after being forced to down level. My current manager used to be an cloud solutions architect and now has to manage and code 50-50 of his daily time to keep his job. I have to review his code sometimes. Help me lord! The market inside and outside is BRUTAL.

    • @alals6794
      @alals6794 2 месяца назад +1

      Interesting....

  • @Q.b.9378
    @Q.b.9378 2 месяца назад +299

    I got laid off this week. My company makes billions, my division makes millions. But, still they released us. It's all greed. It's not good enough to be profitable. You have to make all the money and then some. It's gotten out of control. The government needs to wake up and stop allowing so many acquisitions and break up these larger companies. Greed and lack of competition is killing innovation and American jobs.

    • @ismaeljrp1
      @ismaeljrp1 2 месяца назад +27

      People up the food chain trying to get those bonuses. Literally no other reason.

    • @HH-xs2gm
      @HH-xs2gm 2 месяца назад

      With AI, higher ups already consolidated workflows and optimized projects to reduce heads

    • @ismaeljrp1
      @ismaeljrp1 2 месяца назад +20

      @@HH-xs2gm 🤣 No they did not. Hope this was sarcastic. Most manager level folks and up are confused as hell on how to effectively use AI tools, if they are even made available to them.

    • @sexyface007
      @sexyface007 2 месяца назад

      ​@@ismaeljrp1 But they don't care about AI as such. Their current set of users are still making them millions. They are simply in a wait and watch mode. They are waiting for the unicorn Ai tool which was promised by openAI and AGI preachers, who/which can apparently do work of 1000s of employees from PM to testers. There is no AGI it is simply a dream sold to people and investors to keep giving new set of funds, just another valuation ponzi scheme.
      You cannot create AGI from existing sets of data, AI are simply churning out existing data with new combinations that's all. It's the same principle of having 1 Einstein per millions of people over decades of time.
      And even If by chance AGI gets created, ain't nobody giving AgI to public it will be simply locked and only to be used by highest bidders.

    • @Hshjshshjsj72727
      @Hshjshshjsj72727 2 месяца назад +8

      Being able to fire people is exactly what HELPS innovation. If youre such an innovator make a startup

  • @Aldatas
    @Aldatas 2 месяца назад +137

    Got laid off a week ago very suddenly. In the middle of work at the office, got pulled aside with a few other software engineers and that was it, no access to our company accounts after a quick pep talk that everything is going to be ok. Business became inhumane.

    • @alexg9727
      @alexg9727 2 месяца назад +2

      same here for a manufacturer

    • @alexg9727
      @alexg9727 2 месяца назад +1

      'permanent layoff' they call it

    • @gabrielserrano5054
      @gabrielserrano5054 2 месяца назад +1

      Yeah the trade war is going bad and inflation is high. Look for other jobs or start small to be an entrepreneur with your skills like making a kickstarter.

    • @bezerker04
      @bezerker04 Месяц назад +4

      Business was always inhumane. It just out on a humane face to appease us.

    • @alexg9727
      @alexg9727 Месяц назад

      @@bezerker04 and pizza lunches

  • @mw4724
    @mw4724 2 месяца назад +61

    I WAS a hiring manager at Amazon and had an open role. I was REQUIRED to fill that slot from Costa Rica as it was “cheaper labor”!

    • @honestduane
      @honestduane  2 месяца назад +1

      ruclips.net/video/xxxm4hsRAAQ/видео.html

  • @BraunRob
    @BraunRob 2 месяца назад +225

    When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work - the most you will make is 5 dollars.

    • @gezenews
      @gezenews 2 месяца назад +4

      Just be a pirate.

    • @ThomasLee-vs2gu
      @ThomasLee-vs2gu 2 месяца назад +8

      @@gezenews Argh matey. This be the way.

    • @u263a3
      @u263a3 2 месяца назад

      Numbers.

    • @psylee8687
      @psylee8687 2 месяца назад

      Linux!

  • @ARESxWARLORD
    @ARESxWARLORD 2 месяца назад +85

    A software engineer with empathy and compassion?! You sir, have earned my subscription. I agree, I was laid off by a fortune 50 company mid April, I’m a mid-senior level engineer but I’m actively considering junior roles or even switching my tech stack and expertise entirely (data to web dev )

    • @honestduane
      @honestduane  2 месяца назад +30

      I hate to say it, but my empathy and compassion seems like a liability in looking for a job.

    • @user-ye1fx2zw5c
      @user-ye1fx2zw5c 2 месяца назад +16

      they found cheap offshore workers

    • @ARESxWARLORD
      @ARESxWARLORD 2 месяца назад

      @@user-ye1fx2zw5c I don’t think this is fully about offshoring . I think there are some key economic indicators that they might be watching that are telling them that they’re going to need lots of cash on hand. We may be headed to some kind of recession or depression

    • @nascentcloud3740
      @nascentcloud3740 2 месяца назад

      @@honestduane How so?

    • @cule219
      @cule219 2 месяца назад +6

      Don't go into web dev. I'm a web dev and I want to make a switch to AI/ML, the money and jobs are going there more and more.

  • @SM-sb4tr
    @SM-sb4tr 2 месяца назад +214

    The truth is those jobs never existed in the first place. Many were created just to gloat for investors and show "continuous growth"
    And the missing positions... many of them were filled by people who were working 1-2h per day if that (as many of the "A day in the life of a software engineer at ..) clearly showed.
    In addition, overinflated titles earning big money but not producing the required ROI through no fault of their own in many cases - This is why taking 1/2 levels down of demotion is actually just normalizing the market.
    Companies figured out that they get a Principal developer abroad for $120K vs a Junior developer locally for the same price so that contributed to this as well.
    Hard pill to swallow but the market is never coming back as it was 1-2 years ago. There are too many forces at play: AI, Outsourcing, Offshoring, SAAS solutions, Cloud solutions, Low code, No code etc. They are all putting a dent in demand for SWE.

    • @iMagUdspEllr
      @iMagUdspEllr 2 месяца назад +25

      Software still is terrible. The result of most of the things you named should just be code that isn't riddled with bugs. The outsourcing shouldn't be a big deal because making anything that isn't trivial should be scrutinized and held to high architecture standards. It is hard to outsource the work being done by real engineers as opposed to web page jockeys.
      If a key piece of software goes down, do they call up the people in foreign countries to fix it.

    • @SM-sb4tr
      @SM-sb4tr 2 месяца назад +37

      ​@@iMagUdspEllr while I don't disagree with you, the topic of quality is beside the scope of this video or my comment.
      A sad truth that I have come to realize in the last 5-6 years that (most) companies don't really want quality even though they might state otherwise.
      Quality takes time and money and most executives or managers are only interested in quick results with good enough quality to last for their tenure alone.
      We are in the era of fast-code that needs to be delivered as cheap as possible so while your argument might be true, the mentality is: Let me get 50% of quality at a fraction of cost and we'll see later.

    • @nosam1998
      @nosam1998 2 месяца назад +13

      @@SM-sb4tr I really hate reading this, because I really want to disagree (as a software engineer), but it's true. You're right about quantity over quality, and I have seen it firsthand as well. I've also heard the "We prioritize quality over quantity, and we're not like the others." speech, yet when you join, it's clear how what they actually were saying is "We want quality software, but only if it is at the same speed and doesn't affect our financials. If you can give us quality then that's great, but if not, then we'll... Let's hope it doesn't break in prod :)".

    • @hawkinlock
      @hawkinlock 2 месяца назад +10

      Those jobs did exist. The demand for software engineers was on a very steep uptrend from 2011-2021, with 2016-2021 being the best period for software engineers everywhere.
      Interestingly enough, those same workers voted against their own interests in 2020! Funny how that works. Maybe they’ll vote with their wallets come November.

    • @SM-sb4tr
      @SM-sb4tr 2 месяца назад +7

      @@hawkinlock
      Remember when companies were artificially boosting their headcount and inflating their staff titles so they seem bigger in the eyes of investors?
      Starting 2016 or so there the demand was artificial fueled by low interest rates and the general tech bubble hype. I've seen countless roles that were really working 2h per day cause there was nothing else to do and big orgs had just overhired. (Not just Engineering but Product Management, UX, Design, all the invented Scrum roles and others)
      If you have 4 staff that each only have 2 hours of work per day to do, you can argue that 2-3 of them are basically redundant - hence those jobs did not really exist

  • @nosam1998
    @nosam1998 2 месяца назад +213

    I really hate saying this. This answer is greed. Plain and simple. I REALLY want to be wrong, but I firmly believe that companies are mad at us for making them rich, and they see tech salaries outside the US as the answer. I have 7 YoE and I was unemployed for 15 months, submitted thousands of applications, did hundreds of interviews, and after SEVEN final rounds I finally got a job. In all honesty, it's pure luck that I was referred and found for this role as well. If only non-tech people knew how much we ACTUALLY do when we're not even on the clock. I've made companies more money while thinking in the shower compared to ANY meeting. It's really all a** backwards.
    The worst part about this tech market is being gaslit by everyone.

    • @hawkinlock
      @hawkinlock 2 месяца назад +29

      Greed? The real reason the market is so bad is because we have a vegetable in the Oval Office.

    • @nosam1998
      @nosam1998 2 месяца назад

      ​@@hawkinlock That's the easy way out. When we can't figure out the facts, it's easier to blame something/someone. Blaming a president is a common cop-out, especially in a politically charged environment like we have now. Can we stop focusing on politics and being divided and attack the core problem? Interest rates are more to blame if we really want to mention anything.
      Politics are NOT the answer. If we have factual evidence to prove this, then I'm open to change my mind and POV. Until then, lets stick, to factual evidence and not blame any single person/entity without hard non-bias evidence. It might feel good at first to place blame, but it doesn't fix the problem.

    • @sofianikiforova7790
      @sofianikiforova7790 2 месяца назад

      Pretty sure it’s not just the president. It’s the whole government working together as a corporate welfare state

    • @WarriorOfPiece
      @WarriorOfPiece 2 месяца назад +6

      I'm not saying it's not greed, but the main reason is because of a bad economy that's been perpetuated by the vegetable running in office

    • @hawkinlock
      @hawkinlock 2 месяца назад +6

      @@WarriorOfPiece greed will always be a factor as executives have to respond to investors’ demands. I’m glad you admit that Biden is the main issue.
      During the four years in which the “angry orange” was in the Oval Office, many tech workers experienced a boon but despised him (and refused to attribute the boon to him!) for some strange reason.
      I wonder if those same people will still vote the same way they did in 2020 come November.

  • @Ianstudent
    @Ianstudent 2 месяца назад +24

    I'm actually surprised the numbers are even this good. I get it, they're bad, but they feel a lot worse than this right now.

  • @taterrhead
    @taterrhead 2 месяца назад +23

    you hit the nail on the head with the 'sacrifice' that goes into being on the bleeding edge of tech && software development (schooling is JUST the START of your ongoing learning)

    • @honestduane
      @honestduane  2 месяца назад +15

      I think my video on the lie of the hobbyist senior developer pretty much sums that up. The trick is to keep programming outside of work so you can gain the skills that make it easier for you to do the work at work.

    • @bezerker04
      @bezerker04 Месяц назад

      @@honestduane This is I think 100% true of all tech roles, not just software eng. I am .. currently a platform engineer, but started as a linux SA (ops to devops to sre to .. platform engineering) and I 100% agree. Even if my current role does not make use of the bleeding edge market trends, if I did not keep up with that on the side for my own passion and learning, I would have been out of a job or relegated to just building CI/CD pipelines awhile ago.
      The tech moves way faster than the business market can react. And to add to that, that personal passion after hours will (ideally) benefit you at work and make you better.
      I liken it to say, a contractor who does construction for a business who will do the bare minimum to keep up with current standards, and a professional carpenter with a passion for his craft who will be able to tackle work that many of those contractors would say are not possible etc.

    • @honestduane
      @honestduane  Месяц назад +1

      @@bezerker04 This. I would rather hire a carpenter who has his own shop at home over a guy who read about woodworking in a book once but never builds anything himself.

  • @JoshuaNTX
    @JoshuaNTX 2 месяца назад +19

    Be advised that there are tons of fake candidates spamming fake resumes everywhere. For example one of my coworkers just asked a candidate with 12 years ex. Zwith Ansible what a playbook is, and the candidate replied that they are willing to learn. Candidate cheating and bait and switching is also becoming more common.

    • @konstantinrebrov675
      @konstantinrebrov675 2 месяца назад +9

      I give him at least credit for having the guts to apply for such a high role and bluffing his way in. If he does this enough times, he'll get in surely.

  • @chumbucketable
    @chumbucketable 2 месяца назад +72

    20 year QA professional here. 2 years of no QA role. No calls. Nothing. It is depressing. Lost my place. Lost a lot. Can’t survive of off 21.00 an hour. So sad. And US companies don’t seem to care one bit.

    • @ultravioletiris6241
      @ultravioletiris6241 2 месяца назад +1

      Ive never made more than $11/hour 🤷 im sorry that 3x minimum wage ain’t enough

    • @TheBlackManMythLegend
      @TheBlackManMythLegend 2 месяца назад +1

      they are not your dad... or family... me as a coder I am creating my company..

    • @ultravioletiris6241
      @ultravioletiris6241 2 месяца назад

      @@slickrick5811 yea it must be mega stressful to make $21/hr, more than some couples make combined, and still not able to make ends meet. Stuff like that is why i havent lived in my hometown for over a decade

    • @newparadigm907
      @newparadigm907 2 месяца назад +8

      I'm sure you know this, but QA is a function that can be easily offshored for cost savings.

    • @williamyellow1337
      @williamyellow1337 2 месяца назад +6

      yall spend yall life helping them becomes monopolies, but ignore the economics LAW that monopolies need NO innovation, good value proposition and entirely shielded from foreign competitive pressure thanks to government (TTok ban for example)

  • @disruptapps
    @disruptapps 2 месяца назад +63

    I bounce between Texas and Oregon. Oregon tech scene is dead. And when you see paper signs on doors at Buc-ee's and QT gas stations and Panda Express offering 60 to 100K for store managers and assistant store managers, that's pretty decimating to one's hopes and sacrifices of spending years learning to code and building a career in coding/ IT/ etc when a field is so specialized is now worth 40 to 60k. Its worth more to society to count cash and manage people than it is to write software and maintain the infrastructure the is baseline for this modern world. Big Tech is its own worst enemy and with armies of software engineers and devs with no work, I think it will eventually come around to bite Big Tech in the *ss. What most of you all haven't figure out is how POWERFUL your skills are - you are busy scrambling to find another job that keeps you enslaved to insecure jobs when you should be banding together to decentralize society to make life better for all of humanity. All you techies do not realize your full potential or your full power because you have had to live under their thumb - now you are free to build a better world.

    • @censoredeveryday3320
      @censoredeveryday3320 2 месяца назад

      The US is essentially transfering all of it's IT human capital to India and Mexico. Biden has opened the flood gates with H1Bs and other offshoring incentives.

    • @devon9374
      @devon9374 2 месяца назад

      Exactly, thank you! Especially now of all times with GenAI in its early days. No one has more power and knowledge than these guys

    • @disruptapps
      @disruptapps 2 месяца назад +3

      @@devon9374 " No one has more power and knowledge than these guys " - its because they steal it from us and we give it to them for free through our data. That needs to end. Thank you for your comment

    • @konstantinrebrov675
      @konstantinrebrov675 2 месяца назад +2

      I've always wanted to live in a decentralized, autarkic society, but that sounds more like the Amish type of lifestyle. Having more to do with subsistence agriculture. What does Computer Science have to do with creating a decentralized society? I do not know how to make life better for all of humanity, and I don't even care anymore, as I just want to fend for myself and find a way for survival. I do not realize my full potential or my full power. What do you mean by that? Exactly, we all have had to live under their thumb. The governments and globalists. This planet is a controlled society, akin to 1984, but most people don't understand or those who do understand have learned to keep their mouth shut lest they step on you and squash you like a bug. As for me at least, I am convinced that this is the better option. Don't be a Che Gevara, or they'll come for you and they will destroy you. What are you going to do, say something politically incorrect and risk getting pummeled? Just surviving and making a living for your family is hard enough these days. Unless you decide to sacrifice your life like Jesus Christ. Build a better world, make life better for all of humanity? I cannot do that, I do not have the political power. I am not a dictator, I cannot build a new society, I cannot tell people what to do. If I were a king of some country, yes I would attempt to build my vision of an utopia. But I'm just a humble engineer, a nobody in the grand scheme of things.

    • @disruptapps
      @disruptapps 2 месяца назад

      @@konstantinrebrov675 Thanks for your reply:
      " but that sounds more like the Amish type of lifestyle"
      it doesn't have to be; we have the technology to create the things we need at home or in small enclaves in a collaborative means, such as 3d printing, vertical farms, solar, wind, home servers; etc; if used wisely, we can mitigate our need to be beholden to centralized supply chains; breaking away will take small steps
      "What does Computer Science have to do with creating a decentralized society? "
      it is only part of, of many types of sciences and technologies that can be used to decentralize humanity
      " I do not know how to make life better for all of humanity, and I don't even care anymore, as I just want to fend for myself and find a way for survival. I do not realize my full potential or my full power."
      Thats because you are suffering an identity crisis do the the capitalist free market system that conditions people to be nothing more than disposable workers; your apathy is called 'alienation' and is typical of disenfranchised people.
      "Don't be a Che Gevara, or they'll come for you and they will destroy you. ...Build a better world, make life better for all of humanity? I cannot do that, I do not have the political power. I am not a dictator, I cannot build a new society, I cannot tell people what to do.....But I'm just a humble engineer, a nobody in the grand scheme of things."
      Therein lies the power of decentralization - when everyone has free access to the things they need, things cannot be artificially hoarded for profit; if everyone has access to the knowledge they need to become self-sufficient, that knowledge cannot be withdrawn; through decentralization, you do not need a charismatic leader that can die with the movement or idea; no one individual can change society - it takes time and a cultural shift.
      'Exactly, we all have had to live under their thumb. The governments and globalists. This planet is a controlled society, akin to 1984, but most people don't understand or those who do understand have learned to keep their mouth shut lest they step on you and squash you like a bug.....Just surviving and making a living for your family is hard enough these days.'
      Utterly agree with that - but the thing is, we are rolling over and letting it happen to us because of all the distractions like fast food, shopping, social media, sports, legal drugs, etc make our wage slavery tolerable enough to bear. it makes no sense that less than 1% of the human population dictates the livelihoods of the 99% working class - we allow it because of social condition and culture - and they use money as the ultimate means of social control.
      Thank you for your long reply.

  • @asdakuhi8h
    @asdakuhi8h 2 месяца назад +27

    I wonder how the industry will look like 10 years from now if we continue to do this. There won't be any "new" senior level engineers if we cut off the oxygen to juniors and just offshore those positions

    • @edthelazyboy
      @edthelazyboy 2 месяца назад +11

      I'm afraid that US companies will probably hire the same offshore developers that have experience later. US tech workers will probably get sidelined. This is very scary and I don't even want to imagine it right now.

    • @konstantinrebrov675
      @konstantinrebrov675 2 месяца назад

      @@edthelazyboy Why don't they just offer US workers to move to said third world country?

    • @binglemcbawb
      @binglemcbawb Месяц назад +1

      I've got hypoxia right now, somebody hire me

    • @bezerker04
      @bezerker04 Месяц назад +1

      @@edthelazyboy That already happened once and the US market eventually won that battle by doing higher quality work. The problem is right now there's such an influx of boot camp devs that got hired into FAANG companies or companies claiming to compete with FAANG that we lost a lot of that quality. There's a lot less "software engineers" and a lot more basic "i know how to do enough X to move this widget or make a box appear on the screen" which is what the gigs needed for the past few years.

  • @GPT-X938
    @GPT-X938 2 месяца назад +13

    I worked for a startup that went belly up where most of the engineering talent were H1B holders. Those guys are having a hell of a time trying to find a job. Hundreds of applications with no reply. It’s very hard out there

    • @alals6794
      @alals6794 2 месяца назад

      You are on H1B as well?

  • @ELCHDA
    @ELCHDA 2 месяца назад +77

    There is also the unemployment stigma, if the engineers laid off do not get a new job fast enough, their careers will be effectively dead due to job gap discrimination. Studies have confirmed job gap discrimination and that management is rife with antisocial personality disorders (narcissism, psychopathy, sociopathy) so there will be little to no mercy for the people with job gaps. In a capitalist system, those not needed are expected to starve to death, corporations are not charities. This has forced me to be more left wing economically, I view UBI more favorably. On a personal note I am seriously considering quitting SWE for good, I only got into this because I am disabled.
    Do you have data about non-coding IT jobs?

    • @cruzergo
      @cruzergo 2 месяца назад +12

      There's a group called Tech Workers Coalition. I just joined that group recently. It's good to connect with our fellow tech workers because together we can make a difference.

    • @archardor3392
      @archardor3392 2 месяца назад +12

      Open up your own company while unemployed. Say you do contractor/freelance work while looking for work. When asked why look for work then, bs your way and say their company has a dream product and yadayada bs.

    • @ELCHDA
      @ELCHDA 2 месяца назад +10

      @@archardor3392 That is a great idea. I wonder if hosting a website for a fake company would be enough or if registering the business will be required, purely hypothetically of course.

    • @carlvogt7318
      @carlvogt7318 2 месяца назад +9

      I wouldn't do it to be deceptive, either be earnest about creating a side gig or instead just create a website for noncommercial purposes. I.e. a hobby or interest of yours just to show your skills like a porfolio. The key is to stay active and keep learning to show that an employment gap isn't a skills gap.

    • @mariodiana7327
      @mariodiana7327 2 месяца назад +7

      Yes. There is some kind of variant of survivorship bias among management. I call it "narcissistic survivorship bias." Put simply, it's the thinking that goes: "I did everything right, and I'm successful. This guy must have done something wrong."

  • @purpasmart_4831
    @purpasmart_4831 2 месяца назад +124

    I give up. I graduated last summer with my degree in computer science, and I have still do not have ONE interview.

    • @Mr11ESSE111
      @Mr11ESSE111 2 месяца назад +18

      go to EU countries,you will get job in 5 minutes and live pretty nice there with salary and dont have worry with healthcare like in usa which everyday are basically fight for life if some illness or accident happens to you

    • @honestduane
      @honestduane  2 месяца назад +19

      @@Mr11ESSE111 No, EU isn't even an option legally due to things like ITAR. your also not treated well at all in the EU, and after 6 months you can lose your USA citizenship.

    • @lattehour
      @lattehour 2 месяца назад +4

      realistically speaking there way to many software engineers in usa , atm market oversaturation

    • @benu_bird
      @benu_bird 2 месяца назад +25

      @@honestduane What? You need a work visa to work in an EU country which may not be easy to get. And you do not lose your citizenship ever. You have to renounce US citizenship yourself-and it costs money to do it.

    • @honestduane
      @honestduane  2 месяца назад +7

      @@benu_bird Not true, Talk to your USA accountant. if you spend over 6 months out of the USA a year it puts your tax status and Citizenship at risk. Talk to an accountant.

  • @jonintc
    @jonintc 2 месяца назад +71

    Unemployed for 15 months as a staff/sr level software engineer. I even have machine learning skills and high scope accomplishments. Still nothing

    • @calochCN
      @calochCN 2 месяца назад +3

      Bro, for me since 22.7, it is a long time😢

    • @censoredeveryday3320
      @censoredeveryday3320 2 месяца назад +10

      Your job went to india, just like my job did

    • @mariodiana7327
      @mariodiana7327 2 месяца назад +8

      Unemployed over a year now, since April 21, 2023. I'm a software developer. I can't claim the same high end skills as you, but I've done full-stack, front-end, and a five-year stint as an iOS developer. It's a joke out there!

    • @abhishekahirrao4271
      @abhishekahirrao4271 2 месяца назад

      @@censoredeveryday3320 not sure about that we ourselves are unemployed here in software engineering 😂

    • @censoredeveryday3320
      @censoredeveryday3320 2 месяца назад

      @@abhishekahirrao4271 You have a much better chance of getting a job than any US onshore citizen does.

  • @eternalsunshine313
    @eternalsunshine313 2 месяца назад +145

    every year we import tens of thousands of indians on h1b. why can't we hire our own people instead?

    • @asdfbeau
      @asdfbeau 2 месяца назад +54

      we've been doing this since the 90s. DBAs were the first to fall.
      We protested back then, and were called overpaid raycysts- all we wanted was to ensure that there was a future, in the industry, for our own kids.

    • @gehdochnicht
      @gehdochnicht 2 месяца назад

      If they don't import them then they would move the entire office to India. Is that better? We live in a global world.

    • @user-mj3nj1tm1f
      @user-mj3nj1tm1f 2 месяца назад

      Companies hiring Indian's for getting the work done. And the American employees in the same organization is for eating dollars.

    • @goldbrick2563
      @goldbrick2563 2 месяца назад +27

      Indians are given a technical education starting in grade school...in the u.s., i got no tech education at public school except learning how to type on a keyboard. The class was called 'keyboarding' and I took it in highschool. To this day, I'm an excellent typist, but I'd rather have learned how to code so I could have gotten a good job. I graduated high school in the year 2000. I went to school in new england, in a good, well-funded school system and still no tech ed.

    • @dadbod591
      @dadbod591 2 месяца назад +31

      h1bs can be pushed to work way harder because they have much more on the line

  • @MrBranh0913
    @MrBranh0913 Месяц назад +4

    If there is a market full of senior developers. But companies can’t hire them. Then you have a bunch of people with an insanely high skill set who can’t find work. Sounds like an opportunity for someone to take advantage of the situation.
    I feel this is the beginning of the gig economy

  • @m-ok-6379
    @m-ok-6379 Месяц назад +2

    Thank you so much for giving an honest analysis of the situation instead of trying to sell another bootcamp program.

    • @honestduane
      @honestduane  Месяц назад +1

      Too many people on RUclips pretend to be tech influencers, but can’t code and are not honest. I don’t want to be like them.

  • @micsnz
    @micsnz 2 месяца назад +27

    What the hell is going on? Inflation, unaffordable house prices, AI taking over all jobs, layoffs, no tech jobs, nobody goes out anymore, everyone's just glued to their phones... fuck! It's all been downhill since 2020!

    • @sarcasticnews1195
      @sarcasticnews1195 Месяц назад +7

      it's been downhill for a hell of a lot longer than that

    • @wokemillenial8114
      @wokemillenial8114 Месяц назад +3

      Imperial collapse.

    • @bezerker04
      @bezerker04 Месяц назад +1

      I mean COVID pumped massive amounts of money artificially into things it shouldn't have. On the other side of that though you had other people forced to take huge huge investment losses (years of rent forgiveness etc). The market operates on its balance and typically with thin margins. All of the money we pumped into things or caused people to lose have upset the balance of things artificially and we basically will deal with the market repercussions for decades.

  • @StevenCodeCraft
    @StevenCodeCraft 2 месяца назад +6

    Thank you for this video. Previously I could land interviews easily but it's been so disheartening this past year. I have web apps and mobile apps and now i'm creating coding courses to try to make money. I am shocked that myself and other former classmates who are far better than me (such as engineers at Tik Tok and Google were laid off and can't land a role)
    I wasn't social aside from some relationships and all my skills are in coding. My app is a recipe and workout app, so maybe I'll switch to being a line cook and eventually become a certified personal trainer. Then I can leverage my coding skills to improve my product and make a living that way.
    The only roles I see are for lead positions which I unfortunately do not have the experience/skills for.

  • @Basta11
    @Basta11 2 месяца назад +16

    This is a failure of leadership. There is plenty of things we can do, make, innovate, and rebuild, but the leadership - both private and public is lacking. Think the Great Depression, 25% of the population - many educated and skilled. They didn't have much to do until Germany started rearming itself, at which point everybody had to rearm also. During WW2, there was practically no unemployment.
    If we can have no unemployment by killing people and then rebuilding what was destroyed, why can't we have no unemployment by building the future. Our leadership lacks imagination and action.

    • @devon9374
      @devon9374 2 месяца назад

      Because we humans are a very peculiar species, sometimes I believe we really are in a simulation

    • @alals6794
      @alals6794 2 месяца назад +1

      This is how Capitalism works friend. Capitalism is designed by the capitalists, for the capitalists. The system you aspire too is one designed by the workers for the workers and such a system would be called by another name....

  • @stopthecap2644
    @stopthecap2644 25 дней назад +2

    This is actually worse, because it doesn’t consider fake job postings… which is extremely common in tech right now

    • @zmkarakas
      @zmkarakas 14 дней назад

      yup. ghost jobs. i dont even know why its legal/

  • @scube6748
    @scube6748 Месяц назад +2

    Git copilot is added in many IT companies IDEs and they asked developers to take it’s assistance. It is the first phase but it is actually giving hood suggestions, giving error suggestions instead of searching online, writing some test cases. After collecting the performance report they would improve it and it might replace atleast few jobs.

  • @darthredraider8128
    @darthredraider8128 2 месяца назад +5

    Same problem in IT. Just laid off as a remote worker, the company laid off a majority of our US based team in favor of bringing in remote workers from India and the Philippines. It's been brutal trying to find a role.

    • @ronuiux
      @ronuiux Месяц назад +1

      I quite disagree with outsourcing in the Philippines. I am from Philippines but living in the United States right now. They are also having problem having tech job specially the newcomers. My colleagues there were also wondering why they don’t get any raise of salary.

    • @darthredraider8128
      @darthredraider8128 Месяц назад +1

      @@ronuiux That was my experience. Half of our team was from the Philippines and I have no ill will toward Filipinos, currently live in the Philippines as an American.
      For some of the cheapest corporations they are outsourcing remote jobs and it is a problem. These corporations are exploiting the labor market by paying them PH wages vs US wages, which is why they are doing what they are doing they just want to save money. It's disgusting and unfair on both sides.

  • @keepfeatherinitbrothaaaa
    @keepfeatherinitbrothaaaa Месяц назад +7

    Full stack dev with 7 years experience. Last month I was laid off with another 20+ people (including 4 other devs) because the company needed to meet a quota. I'm regretting not going into healthcare. Tech workers need to unionize or we'll be cut and stomped out into oblivion. Greed and capitalist interest will always win when people stay quiet and passive.

    • @xXEvangelXx
      @xXEvangelXx Месяц назад

      Getting tech workers to unionize seems like herding cats. There was so much money in that industry for so long that there seems to be a cultural aversion to any sort of "pro-labor" stance because they don't see themselves as regular workers like everyone else.

  • @ianlindsay6652
    @ianlindsay6652 2 месяца назад +3

    It's even worse than this because there are a ton of us who do not have "open to work" on our profiles.
    I took what money I still have and am in Japan now, gearing up for another startup endeavor. Time to pivot and change your life!

  • @alpotato6531
    @alpotato6531 2 месяца назад +48

    hunger games time

  • @kelvintelon3929
    @kelvintelon3929 2 месяца назад +7

    I just graduated with a CS degree, I came from a bootcamp and graduated in April 2022, couldnt find work but in 08/22 i was picked up by same bootcamp to be a teacher's assistant. Worked there until 06/23 and went back to finish my degree because job market was dry and I was probably getting filtered for missing a degree. I was also getting hands on experience developing an app for a yoga studio during all this time. Now that i'm applying again it's still pretty brutal. I dont think working in IT is beneath me so I've been applying to those too. Hopefully something pops up.

    • @honestduane
      @honestduane  2 месяца назад +8

      So the boot camp failed you and now you make a living from people who will also be failed by the boot camp?
      This is one of the many reasons why boot camps are scams.

    • @kelvintelon3929
      @kelvintelon3929 2 месяца назад +1

      @@honestduaneHold on a moment. I worked there until 06/2023, so i'm not there anymore. The bootcamp failed me in helping with job placement for an actual engineer position, I got to a few interviews, was really close but ultimately got beat. I will say I at least gained experience coding and made the most out of it. Bootcamps were worth it in 2022, a lot of my peers got placed into companies Microsoft, JPmorgan, Lowes.
      Afterwards, from working at the same bootcamp I got to see the corporate side and the rose tinted glasses slowly faded out and had reality fade in. The bootcamp no longer wanted to keep reporting placement numbers towards the end of my contract, and a few months after the completion of my contract i read the CEO stepped down. There was still a chunk of people who got into roles months later, but right now I think that the many people who are still buying into it isn't good obviously, because you definitely need a degree these days to have at least a shred of hope in getting filtered through to apply for positions, and there is plenty of information out there about the massive layoffs which wasnt going on when I went. How could a bootcamp certificate compete against individuals laid off with experience?

    • @kelvintelon3929
      @kelvintelon3929 2 месяца назад +1

      ​@honestduane Hold on a moment. I worked there until 06/2023, so i'm not there anymore. The bootcamp failed me in helping with job placement for an actual engineer position, I got to a few interviews, was really close but ultimately got beat. I will say I at least gained experience coding and made the most out of it. Bootcamps were worth it in 2022, a lot of my peers got placed into companies Microsoft, JPmorgan, Lowes.
      Afterwards, from working at the same bootcamp I got to see the corporate side and the rose tinted glasses slowly faded out and had reality fade in. The bootcamp no longer wanted to keep reporting placement numbers towards the end of my contract, and a few months after the completion of my contract i read the CEO stepped down. There was still a chunk of people who got into roles months later, but right now I think that the many people who are still buying into it isn't good obviously, because you definitely need a degree these days to have at least a shred of hope in getting filtered through to apply for positions, and there is plenty of information out there about the massive layoffs which wasnt going on when I went. How could a bootcamp certificate compete against individuals laid off with experience?

  • @sushilrajeevabhandary128
    @sushilrajeevabhandary128 2 месяца назад +42

    A senior Software Engineer here!
    Came to US to do my masters in CS, with an intention to grow my skillset and work on cool tech. Thinking American dream still meant something. But now I realize American dream is dead. All the big tech firms have been built on talented people and seeing companies go behind profits and not grooming talent really worries me. If this trend continues and they don’t hire people in the US, sooner or later the dominance of US will go down. The effect will be so evident as it’s all a cycle. It’s not about no jobs for Americans or internationals. It’s about no jobs for talent. If the companies decide to get their work done abroad then no one would come to US for opportunities, or the people who are here and aren’t getting jobs would decide to go elsewhere for better opportunities and quality of life. What will happen when people leave , there will be shortage in housing, the housing market will collapse , rents go high , economic turmoil will happen.
    It’s a very weird spot. And something should be done to maintain balance.
    Growing up I always thought hardwork and passion pays off but now I feel it’s just luck.

    • @fancycode
      @fancycode 2 месяца назад

      Good point

    • @WW-lm5ji
      @WW-lm5ji 2 месяца назад

      There is a shortage of housing now, the housing market will not collapse

    • @TurnaboutUOEX
      @TurnaboutUOEX Месяц назад

      Who control the process don't care about USA.

    • @fwefhwe4232
      @fwefhwe4232 Месяц назад +3

      you are an Indian / Indian origin yourself, nothing wrong in coming to US to make big $$$, but that's a risk you took.
      If the jobs are coming to India, you lost twice - once by paying 3x fees as compared to whyte amrikans, second losing those same jobs to your cousins in India

    • @chunkspiggle3916
      @chunkspiggle3916 Месяц назад +4

      Go home

  • @jacobmarabelli6071
    @jacobmarabelli6071 2 месяца назад +1

    Just subbed. Thanks for making this; it's nice to see someone who cares. Do you think cyber folks are faced with the same problem? Maybe you could ask that recruiter to pull some numbers for cyber titles and do a follow-up video.

  • @driziiD
    @driziiD 2 месяца назад

    you're exactly spot on with your analysis. instant sub.

  • @SeriousCat5000
    @SeriousCat5000 2 месяца назад +7

    Last year I the most diffulcult job search in my 22 year career after my contract ended in Jan 2023. When normally most of my interviews would oirginate from recruiters reaching out to me, I had to apply to each and every open position in my skillset (which is ColdFusion, very niche). Unfortunately, my finances forced me to take the first decently paying offer... even though I saw red flags with the company I was interviewing with (It is way overstaffed for the size of the application with most of the devs being contract programmers working out of India). Anyways, I've had an eye out these past few months for new positngs and I'm only seeing 1-2 new jobs a week. As bad as 2023 was, 2024 appears far worse.

    • @honestduane
      @honestduane  2 месяца назад +3

      Really, I don't know a single person who works in cold fusion anymore, because all the systems have upgraded away from it.

    • @SeriousCat5000
      @SeriousCat5000 2 месяца назад

      @@honestduane Yeah, there are applications being worked on and Adobe continues to put out new version releases every 1-2 years.

  • @lattehour
    @lattehour 2 месяца назад +16

    the stats dont count that some applicants are employed but allways looking for something else

    • @VozerLamTruyen
      @VozerLamTruyen 2 месяца назад +3

      Same here. Just jumped job

    • @nathanfranck5822
      @nathanfranck5822 2 месяца назад +2

      Yeah... Need more data points before we start freaking out, if that really is just working people that are looking around

    • @SamGrahamgee
      @SamGrahamgee 2 месяца назад +1

      The numbers are a snapshot in time.
      When were those stats captured? I have noticed more postings for SWEs starting from Q2.
      And how many jobs aren't posted on LinkedIn?
      I've talked with many other SWEs who took software engineering roles at traditionally 'non-tech' companies; insurance, banking, automotive, etc. Most saw a decrease in overall comp, but they now have time for a "life".

  • @RedJoker9000
    @RedJoker9000 Месяц назад +2

    I got let go too. Im disabled from birth and is why i got into technology. As others played out, i was stuck inside during 90s-00s so got into computers. Decided to major in it (got double in CS and Philosophy). We were information age and thought it would work great in the future. However, seeing how things became as i graduated, so many in IT and CS got laid off. I cannot do physically demanding jobs. I don't want to do disability because I earned my degree. My issue now is as time passes, not doing my skills, they are getting worse. What i also hated was every entry job post college wanted 5+ PROFESSIONAL years of experience, not personal experience. Currently 4 months jobless.

  • @ArchyGameDev
    @ArchyGameDev 18 дней назад +1

    Agree with everything you said. Work as a instructor for a boot camp and edtech business. One thing i notice from alot of edtech business is that they are downsizing due to less people enrolling in tech.
    Another thing i notice is that many jobs that are remote are now giving to third word country were you can pay them less. Have work a couple of remote job were i was a minority meaning I was the only American or Westerner. The majority were either from India, Lebanon, Nigeria or Africa.
    Pretty depressing.

  • @killabite620
    @killabite620 2 месяца назад +21

    spent the last 2 years working on my comp sci degree, and with 2 more years left these numbers really make me consider going into another field, which sucks cause im not sure if ill be able to find another field i enjoy as much

    • @honestduane
      @honestduane  2 месяца назад +6

      How will you compete with the people that are graduating this year and next year as well?

    • @ew2430
      @ew2430 2 месяца назад +6

      Pick a specialization you're passionate about and get really good.

    • @robertmazurowski5974
      @robertmazurowski5974 2 месяца назад +7

      In 2 years the situation will change.
      This crisis will take maybe 1 more year.

    • @timothyrday1390
      @timothyrday1390 2 месяца назад +2

      You could also consider getting a master's in a different field straight after your BS. That way you might be able to break into a different industry depending on how the job market goes.

    • @1_ofthem_1s__
      @1_ofthem_1s__ 2 месяца назад

      @@robertmazurowski5974 how are you so sure?

  • @Souljacker7
    @Souljacker7 2 месяца назад +7

    I was laid off a month ago. 26 years of experience as well. It's been the longest I've been unemployed.

    • @heraldo623
      @heraldo623 2 месяца назад

      I guess 26 years is enough to build your own retirement

    • @Souljacker7
      @Souljacker7 2 месяца назад +1

      @@heraldo623 Well, I didn't. Good luck doing it

  • @anthonyparks505
    @anthonyparks505 10 дней назад +1

    All this has motivated me to start my own thing. Can't fire myself.

  • @patodeweloperka
    @patodeweloperka 2 месяца назад +2

    Ratio is even worst because so many open position are not real. They are to: show investors company is growing, keep calm current overloaded teams for new comers, build future candidate database in case someone will leave or new project will come.

  • @mikehenkelman2111
    @mikehenkelman2111 2 месяца назад +3

    the tech market is terrible right now...and I agree that its a mixture of inflation, high interest rates, and folks not knowing what to make out of the economy until after the election in November. Im not sure what the answer is, but hopefully we see this better towards the end of year/early next year.

  • @haroldpierre1726
    @haroldpierre1726 2 месяца назад +13

    I left the tech industry in the early '90s; I could see the writing on the wall. With engineers being laid off, companies constantly changing hands, and the bar for entry-level positions ever-increasing, it was clear to me that my future in this field would be a constant struggle, marked by boom and bust cycles. Did I miss out on the boom? Yes. But I also missed out on the anguish of being unemployed in the 3 crashes we've had since the 90s.

    • @tomas-333
      @tomas-333 2 месяца назад +4

      what do you do now?

  • @th3gl1tch81
    @th3gl1tch81 2 месяца назад +9

    The real 3d chess is make sure to move your infrastructure back to on prem and get the hell out of the cloud and SaaS.
    My team has 3 Americans now and 10 H1b works they couldn't get anymore h1b workers so they brought in not one but 2 contracting companies that use outsourced workers from india and mexico. Your right it's a national security issue, our company has plenty of money but they found cheap labor and spend the savings on buying other companies and dissolving their workers and bringing in more outsourced people.

  • @nicustroh
    @nicustroh 3 дня назад +1

    UK here. Got laid off and then next company again (only now different reason). Market is not great but i am hopeful. I am taking anything that is compatible with me, and aware that i want to say yes fast to any company vibing with me because of the competition you mention which i think could be here as well for sure

  • @EricsHowtoChannel
    @EricsHowtoChannel 2 месяца назад +11

    I live in Toronto Canada and I know what happens to H1B people. When they lose their job they have some months to leave the US and Canada with all the problems it has, sucks them in like a vacuum cleaner. The interesting part, all the H1B people will be out of job because Canada is broken and there are no jobs even the retail jobs.

    • @konstantinrebrov675
      @konstantinrebrov675 2 месяца назад +1

      And when they lose their job, if they can't find a new job, and can't leave the US within those few months, what happens to them? Do they just become homeless, wandering the streets of a foreign country?

    • @fancycode
      @fancycode 2 месяца назад

      Jesus, retail jobs are gone , are we in 2009?

    • @fwefhwe4232
      @fwefhwe4232 Месяц назад +1

      @@konstantinrebrov675 they are forced to go back to India.

    • @leop4087
      @leop4087 8 дней назад

      @@EricsHowtoChannel too many Indians came to Canada and the States

  • @Bleilock1
    @Bleilock1 2 месяца назад +5

    Honestly, as someone who had a choice to study in stem after high school
    And i did, and i quit half way to change professions
    Im not really surprised by job market oversaturation of coders since already in my generation, out us 33 in highschool class, 26 ended in stem and majority of those are coders
    Since then, even higher percentage of people started to specialise in stem
    It had to happen sooner or later

  • @censoredeveryday3320
    @censoredeveryday3320 2 месяца назад +10

    Yup, 20 year SWE veteran here. Laid off 6 months and have basically gave up applying to jobs. I may just go ahead and retire.

    • @harryzhu
      @harryzhu 2 месяца назад +1

      im sorry two decades is more than enough and most people in your bracket are retiring with millions. i hope you are in the same comfort level as other veterans. otherwise, perhaps you can retire and start a program to help entry level engineers upskill? give back to the community? teach at non profits like codepath or pathrise?

    • @frank13621
      @frank13621 2 месяца назад +9

      @@harryzhu You sound so clueless. People are putting kids through college and not everyone works for faang. You don't know their situation. Why don't you go work for a low wage non-profit to help others?

    • @bvssrsguntur6338
      @bvssrsguntur6338 2 месяца назад +1

      Do we get unemployment?

    • @bvssrsguntur6338
      @bvssrsguntur6338 2 месяца назад +2

      I have 20 yrs too...but don't have millions

    • @frank13621
      @frank13621 2 месяца назад

      @@bvssrsguntur6338 have to look at the rules for your state. Where I am from it goes off your income for the past couple quarters and caps at like 300 a week. It's something but it's not gonna hold you over long if you've been living off 100k+

  • @incawarrior5470
    @incawarrior5470 Месяц назад +3

    This is very unfortunate, it really is.
    The over hiring created inflated salaries and now the market cannot withstand the wages nor employees.
    This is a recipe for disaster.
    Perhaps the developers who didn't really want to program and just wanted a nice paycheck may find work in other areas of the economy.
    I can tell you, that as a mechanical engineer, we are still having a hard time finding people with adequate "hands on" experience.

  • @stevemargolies1187
    @stevemargolies1187 2 месяца назад +4

    This is because corporations were saying we need more and more computer scientists. Outsourcing and bringing in foreign coders. Boot camps etc etc. Need unions.

  • @binglemcbawb
    @binglemcbawb Месяц назад +3

    Got laid off from my first software dev position 1.5 years into my career (on January 2nd). I've been applying to jobs continually, reached the final interview ~6-7 times at this point and always ended up with the classic 'unfortunately' email. Tried to make a better portfolio website, keep learning and show I'm willing to take on anything thrown at me, but maybe it's just me at this point. Just got rejected from an overnight service desk position as well so not feeling too great with myself

    • @stephenmcaleese8238
      @stephenmcaleese8238 3 дня назад

      Don't take it personally. It happens to everyone. It's the market not you.

  • @quirkyquester
    @quirkyquester 11 дней назад +1

    lost my money a month ago, been hunting for jobs, and planning going into master program in cs to maintain my status, and being able to work on cpt. market is insanely tough rn even for talented people.

  • @SeaforgedArtifacts
    @SeaforgedArtifacts 2 месяца назад +1

    Good to hear the 3:1 ratio on tech job availablity, especially because tech jobs are some of the highest paid jobs

  • @moneymaker7307
    @moneymaker7307 2 месяца назад +2

    They are still hiring visa workers and people are still writing articles that there is a shortage of workers in tech.
    He was a L7 at Amazon and 64 at Microsoft. Those two companies look like mini India.

  • @Sonyemman97
    @Sonyemman97 2 месяца назад +6

    Well this is reassuring. Got laid off last year and have been looking for a job since. I guess it’s time reconsider another field

    • @jackblack1801
      @jackblack1801 2 месяца назад

      good idea. The tech industry as we know it is never coming back

    • @shiningdragon8737
      @shiningdragon8737 17 дней назад

      I have no idea what field to consider next.

  • @sibyjoseplathottam4828
    @sibyjoseplathottam4828 2 месяца назад +1

    If this is the case, how are H1B visa slots fully subscribed? Something doesn't add up.

  • @muditjain4024
    @muditjain4024 2 месяца назад +6

    interested in knowing statistics for the junior roles
    if i had to guess it would be around market being able to handle only 10-15% of the available applicants

    • @honestduane
      @honestduane  2 месяца назад +18

      Nobody is hiring juniors right now due to the glut of Sr. devs. basically for every 100 possible open roles, maybe 1 of them might be open to hiring a junior, I'm not able to get better numbers than that. The worst part about this is that most of the so-called starter jobs are looking for the experience of a senior.

    • @Dawsatek22
      @Dawsatek22 2 месяца назад

      @@honestduane i not blame them would do the same given the oppurtunity

  • @deontawilliams3131
    @deontawilliams3131 2 месяца назад +3

    Hey, new grad here from IS program (business school oriented I say because I here you mention somewhat learning to mix those skills at the end of the video)what would you recommend for junior level just keep coding on the side and try to get a job in business. Or keep applying and grinding leet everyday, I got SDE OA from FANG 2 weeks ago but failed it

    • @robertkeaney9905
      @robertkeaney9905 2 месяца назад

      Personally, I'd recommend that you get your name out there. Either by developing apps, or by creating an few video games. Just to show that you can produce code that works.
      If you're just doing a bit of code on the side, then Ren'Py is a good option for making games. It runs on Python, and its mainly used to create visual novels. There are a ton of tutorials available for it. And its a natural way to get comfortable with Python.
      Once you get confident in your knowledge of the Ren'Py engine and your comfortable with Python you can join an game Jam team as programmer.
      Game Jams typically take place over 72 hour. So as the programmer on the team, you'll be in charge of writing all the code for an entire game over the course of 72 hours.
      Or if 72 hours is too easy for you. There's also challanges that take place over 36 hours.
      For context, an Visual novel typically has between 5000 to 7500 lines of code.
      Alternatively, if you're not an Python kind of guy. You can always download unreal engine 4 or 5 and start messing around with C++
      Though the Unreal engine 5 programming thing is sort of a rabbit hole. You start out doing simple things, like making an self replicating brick.
      And the next thing you know you're neck deep in coding a fluid equation. Questioning every decision that led you to this point.

  • @heypaisan9384
    @heypaisan9384 2 месяца назад +328

    I've been working professionally for 28 years now and I have never seen so many people trying to "break into tech" all at once. It's almost laughable. And the majority of you want to do it just for the money. I'm sorry but that's not how it works. Companies know this and are pushing back. All of this has made a mockery of professional software development. The experienced among us has had a long career full of passion and continuous learning among other things. For those of you who have a real interest and passion for software development, you are just going to have to be a bit more patient until most of these other people who just want to make "the big bucks" are weeded out. Interesting times for sure.

    • @honestduane
      @honestduane  2 месяца назад +74

      I'm not a fan of people entering tech just for greed either, I just have never seen them as effective in the role. I have had to redo the work of many such people, and the sad fact is most of them detract from the capabilities and capacity of the team so they are simply a bad business investment anyway as they don't care about doing the work well and are only after a paycheck that they don't really earn. I would rather work on a small team of 3 different developers that actually care over a team of 50 developers that don't, because I've seen such teams of small people outdo such teams of large people professionally at big companies.

    • @benu_bird
      @benu_bird 2 месяца назад +18

      @@honestduane I've actually heard from people at places like Google that have had layoffs say that work is now easier with smaller teams.

    • @gilgameshcraos1260
      @gilgameshcraos1260 2 месяца назад +15

      im an unemployed entry/junior SWE (naturally) and i want more experience. I honestly would do the job for 35-40k a year just because i genuinely whole heartedly enjoy the learning, creative, and technicality of writing/designing software. I'm about 70% done with a masters in CS but due to my circumstances i can't finish the degree due to financial problems in the near foreseeable future. I had to sit down and ask myself if i wanted to do SWE even if the market is oppressively unfavorable to folks my skill level, and even if i was paid way under market value...and i realized as i mentioned earlier... writing software genuinely makes me happy. Its just a b***h to get professional experience, so at this point I'm just going to write my own mobile apps stick them up on the android/apple app stores and let that sit on my resume as proof that I can do more than just write a hello world. I don't know what else to do to show I'm competent and driven, since everyone seems to have the same handful of "prototype" software that they completed in their college courses, bootcamps, or udemy courses.
      🤷‍♂🤷‍♂🤷‍♂

    • @jayp2570
      @jayp2570 2 месяца назад

      @@gilgameshcraos1260try contributing to open source. That experience can help because it is public.

    • @purpasmart_4831
      @purpasmart_4831 2 месяца назад +27

      It really sucks, I have been passionate about computers since I was 13 years old and and now I'm getting lumped with people who only care about money and couldn't care less about tech.

  • @creatif13
    @creatif13 2 месяца назад

    Great info in the vid. Next time, please turn up the volume; I have to squint to hear you!

  • @thenewguy3488
    @thenewguy3488 2 месяца назад +1

    Darn you guys deserve these jobs too you’ve worked 20+ years, but I have no hope I’m suppose to finish school in a year. It’s so depressing because I won’t ever get a job. I can’t hold a candle to you guys with experience 😢

  • @gamf5996
    @gamf5996 2 месяца назад +3

    Hey man great vid! I think the problem it outsourcing blue collar workers had to deal with it with China, but now white collar also has to deal with lower cost geographies (india, mexico, poland). It’s like deinsdustrialization but for tech. I am conflicted about this it creates a very complicated job market for developed countries even if you leave senior positions and all entry level positions are outsourced, how do you even get there? But on the other hand it gives people from those countries better jobs (mind you these companies are the biggest winners and reap most of the profits)

    • @alals6794
      @alals6794 2 месяца назад

      They get better jobs but the product is consumed by the West....when the Western consumption stops or is decreased sufficiently, then the system collapses.... because they are never paid enough to keep the game going.

  • @ttrox35
    @ttrox35 2 месяца назад +8

    The situation is even worse in India. There are no jobs globally. Its extremely bad.

    • @honestduane
      @honestduane  2 месяца назад

      ruclips.net/video/xxxm4hsRAAQ/видео.html

    • @alals6794
      @alals6794 2 месяца назад

      Interesting....but that would make sense.

    • @fwefhwe4232
      @fwefhwe4232 Месяц назад +1

      not really. I am getting regular interviews here in India. Infact, with every US recession, outsourcing increases !

  • @wr41thx29
    @wr41thx29 2 месяца назад +4

    Got my masters in 2008...just in time for the recession...worked in retail for almost a decade. Finished my degree in CS just in time for the tech bubble to pop. My luck is *awesome*. I'm 41 and have no idea what to do with a life that just could never get off the ground. Maybe it's time to go back to Taiwan and teach English again.

    • @BigFarang
      @BigFarang Месяц назад

      China recentIy banned their 20 miIIion students from working with companies teaching EngIish. The EngIish teaching market is at rock bottom and they're paying $10 an hour now if you're Iucky.

  • @DrunkenUFOPilot
    @DrunkenUFOPilot 2 месяца назад +7

    So what kinds of skills are in demand? What kinds of jobs are easy to get? I don't mean within software or IT or "tech" or such, but *any* kind. Feeding fish at the pet store? Toe doctors? Rocket fuel technicians? Ice cream taste tester at the beach?

    • @shuier525
      @shuier525 2 месяца назад +4

      A person without ambition, content with the status quo, who loves life and can happily live each day with just a $15 hourly wage.

    • @vincem2759
      @vincem2759 Месяц назад

      OF models...

  • @weebygg
    @weebygg 2 месяца назад +8

    Ive seen even Junior dev jobs looking for 4-6 years experience it just makes me sick

  • @JTube66184
    @JTube66184 Месяц назад +1

    I'm a senior SWE. I really hope this gets better soon. It's looking like I'm going to have to move back in with family since I can't renew my lease at my current place without income 3x greater than the monthly rent cost. This is seriously fucked up. I feel like I've worked so hard for nothing.

  • @frank13621
    @frank13621 2 месяца назад +4

    Man.. Got 5 YoE as a web dev. I thought I may be able to make the jump to senior but the more I apply I wonder if i need to go for junior roles. It's hard to even get a phone screen.

    • @alals6794
      @alals6794 2 месяца назад

      Whoa....5 years used to make you senior years ago.....Ok, back in 2015

    • @frank13621
      @frank13621 2 месяца назад

      @@alals6794 a lot of the senior job postings have 3-5 years on them. Some of the local ones have double that though so it’s pretty scattered. I think there is too many people applying to be right on the edge right now though but maybe it’s just me

  • @neoinitiative
    @neoinitiative 2 месяца назад +21

    Please don't forget all thw foreigners working in tech in the USA and all the work being offshored to India, Argentina, Phillipinnes, etc etc etc other politicogeo factors in this picture...

  • @Fitted5hundreds
    @Fitted5hundreds 2 месяца назад +8

    “Learn to code” -> “Learn to weld”

    • @Psychopathetica
      @Psychopathetica 2 месяца назад

      The messed up thing is that I can do both 😢. 15 years of experience as a welder here who recently graduated with a CSBS degree Magna Cum Laude trying to get out to break into tech. Been programming since I was 10 as a hobby and now I am 42 years old. This is just another hurdle I am gonna have to tackle.

    • @alals6794
      @alals6794 2 месяца назад +1

      @@Psychopathetica why did you leave welding? just curious

  • @user-sf9gs2pg1b
    @user-sf9gs2pg1b 2 месяца назад +2

    I was planning on leaving college and going into the trades due to how over saturated tech is at the moment, but, I love programming. It’s a passion of mine. I think I’ll just go to college, take on the debt, then go into trades after assuming it’s still like this. It’s a dream of mine to have a degree and I’d be disappointing my younger self. It saddens me most are in it for the money overshadowing people who really love this stuff, but, that’s life, and people can do whatever they want.

  • @harlanjackson6112
    @harlanjackson6112 2 месяца назад +1

    Is LinkedIn the only only source of info on this? Is it possible some tech companies DON'T use LinkedIn for recruiting purposes even though most applicants do? And how does AI fit into all this?

    • @honestduane
      @honestduane  Месяц назад +1

      I'm happy to look at other data, but its not easily available.

  • @gp5109
    @gp5109 2 месяца назад +6

    Overseas workers offer a more attractive cost-to-benefit ratio. They're a better bang for the buck. They are not necessarily better (or worse) in absolute terms, but they're a better package all things considered.
    If this weren't the case, companies wouldn't be hiring overseas. So this is your empirical proof. It's up to you to adapt or move to a different field.
    Resident workers are either too expensive or not good enough to justify the cost.
    My personal experience shows that it's very tough to defend the decision of hiring a fresh-out-of-college junior when you could be hiring a seasoned professional from another country instead.

    • @honestduane
      @honestduane  2 месяца назад +4

      I just don't see the value of hiring from outside of the USA, given the talent that I have worked with inside of the USA. The code the offshore teams gave us never met the same quality bars, and so that has led me to believe that they simply are not as skilled or reliable.

    • @alals6794
      @alals6794 2 месяца назад

      Yes, the system is rigged in favor of the capitalists.....that is why they call it Capitalism. If it was rigged in favor of labor, it would be called by another name.

    • @deadlydiminuendo2161
      @deadlydiminuendo2161 20 дней назад

      @@honestduane companies do see the value I guess

    • @honestduane
      @honestduane  20 дней назад

      @@deadlydiminuendo2161 Only out of a ignorance of the risks and the harm it does to the company.

    • @davidboreham
      @davidboreham 17 дней назад

      @gp5109 there are competent people offshore, they're just about as common as competent people onshore -- not very common. They're also not cheap. CheapER usually.

  • @Ruab
    @Ruab Месяц назад +4

    buckle up, it's going to get much worse.

  • @Bjpie
    @Bjpie 2 месяца назад

    I hope you can make an update video at some point explaining what young developers should do in the future or if tech is over in general.

    • @robertkeaney9905
      @robertkeaney9905 2 месяца назад

      Tech isn't over.
      Programming is still a valuable skill. Indie games are more popular than ever. Since the greedy tactics of big companies are pushing consumers away from AAA titles.
      And the barrier of entry into game development has never been easier.
      Ren'Py is 100% free. It runs on Python. It has built in tutorials. And it has tons of tutorials on youtube. So any one who wants to be an game dev can be one as long as they learn a little python.
      Also a lot of art tools are free and accessible now. Like Krita, which is a 2d art program. Or Blender, which is mainly a 3d art program. But it also supports 2d animation and vfx work and video editing. All while being 100% free.
      Young developers will always have a home in the indie scene. Where they can cut their teeth and build up experience while they apply for other work.

  • @the-snailinator
    @the-snailinator 2 месяца назад +1

    Got laid off a month ago no severance, just hit 4 yrs exp and I get 0 responses from mid level roles its soul crushing to be honest.

  • @robertmazurowski5974
    @robertmazurowski5974 2 месяца назад +7

    The sotuation is really bad, last year my freelance conrract finished and I was willing to work for minimal wage just to be able to practice my skills.
    I have found work in 2 months so I was VERY lucky.

  • @mbk4261
    @mbk4261 2 месяца назад +6

    Troubling data for sure, but I'm wondering if we are missing some context. When you say "People Open to Work" that just means they have the flag turned on right? One follow up question is how many people with the flag turned on are actively applying to these open positions. A better dataset that probably isn't available is the number of people actually applying to jobs at different frequencies(X people aggressively applying to 10+ jobs a day, Y people applying 10+ a week, Z people casually watching the market with 1 application a month and some others just having the flag on to see what comes in or who forgot to turn it off when they got a job).
    On the other side of the equation, to make things worse, we have no real idea on how many of these open positions are just ghost jobs farming for applications without actually intending to offer a job.
    Additionally what would help add some context is the historical trend of this ratio. The last few years have been crazy, but what did this look like pre-covid? Surely the current market is worse than the pre-covid market, but we'd need that historical data to really see how much of a difference there is.

    • @honestduane
      @honestduane  2 месяца назад +4

      Keep in mind that something like 600,000 developers were laid off in the last few years in an industry where historically around four million people in America actually work in IT and only 1.1 million of them actually know how to code. I have made videos on this.

    • @mbk4261
      @mbk4261 2 месяца назад +2

      @@honestduane Where are you getting that figure? Everything I see reported on the layoffs just lists them generally as Tech Employees and it seems like that number is roughly 600k looking at 2022 until this year. The few times a report I've seen has broken that into job title, software engineers, while at times the highest percentage , sits around 20% of the total layoffs. With HR, recruiting, business, finance and other non engineering jobs at tech companies being the large majority of tech layoffs. So I don't think the number of developers laid off is anywhere near as high as 600k.

  • @armastus1474
    @armastus1474 5 дней назад +1

    H1B I believe needs to decrease in numbers. Sorry but companies have taken advantage of that program at the expense of US citizens.

  • @franklindlc-fq2vb
    @franklindlc-fq2vb 29 дней назад

    Great analysis can you do the same for SAAS sales and pre sales engineers. I believe the same is going on this side as well

  • @Joe-rp8xn
    @Joe-rp8xn 2 месяца назад +3

    Junior engineer. 2.5 YOE. laid off a year ago. Looking at the army now.

    • @manny7662
      @manny7662 Месяц назад

      Have you thought about building or joining a startup?

    • @user-lt6hz7jh2p
      @user-lt6hz7jh2p Месяц назад

      Good luck I’m thinking about getting into a trade truck driving

  • @Eugen963
    @Eugen963 2 месяца назад +3

    Lots of outsourcing. If company wants to sell product here they should produce it here

  • @DerpyDays
    @DerpyDays 2 месяца назад +1

    if you're a junior in this market, is it ok to survive this current market as an analyst, administrator, or other related roles just to make ends meet and hope you'll get the SDE job in the future?

    • @frank13621
      @frank13621 2 месяца назад +5

      I did data analyst to web dev in 2018. Market feels way worse now though. It's definitely better than nothing.

    • @chunkspiggle3916
      @chunkspiggle3916 Месяц назад

      HAHAHAHAHAHAAHAHAHAHAAHAHAHAHAHA
      They should just eat cake too, right?

    • @BangMaster96
      @BangMaster96 Месяц назад +1

      Any money is better than being broke and homeless. You can't sit around and wait for a SDE job, you have to work in the meanwhile regardless.

  • @self-taughtdev
    @self-taughtdev 2 месяца назад

    Are the 2-3 people for every job qualified for the job though?

    • @honestduane
      @honestduane  2 месяца назад +2

      The point I was making in this video is it's actually worse than two or three people, but I can prove at least three people. And Yes, these are fully qualified people with experience and skills. At this point having the years of experience isn't enough to get a job.

  • @addacdd
    @addacdd 2 месяца назад +6

    To this day I cannot even get a basic help desk job. I do have experience and have the education. Ive been trying since the start if Covid, t keast back then i was able to get interviews, now i cannot get anything accept rejection letters. The IT sector as a whole is saturated with new comers into the industry, junior level individuals and seniors. I have noticed senior people are dropping down snd apply to entey level. Obviously they have more experience and would get the job.

    • @honestduane
      @honestduane  2 месяца назад +2

      Why should a company hire somebody with no programming experience for a basic IT test job If people with senior software development experience are willing to apply for those same roles?

    • @timgibney5590
      @timgibney5590 2 месяца назад +1

      Do contact help desk roles. Get that a+ certification and start at the bottom. Yes you will start at 20/hr which is TERRIBLE. .... but in 2 to 5 years you will be worth $30/hr and now can apply for permanent positions once hR is not afraid there is something wrong with you for having a gap. Remember managers think the market is tight and assume the worst. As a contactor they can fire you easily and are more likely to give you a chance. Basic Microsoft certs and a A+ will get you in the day for temp work.

    • @alals6794
      @alals6794 2 месяца назад +1

      If seniors are forced to take on entry level positions....it's time to move on man, no future for you here.

    • @timgibney5590
      @timgibney5590 2 месяца назад

      @@alals6794 Just 2 years ago employers were forced to hire junior for senior level roles and pay. It is just the inverse now. It will re-balance out in a year or 2. IT is a boom and bust. Once you have that 5 to 10 years experience you can sail thru the busts. It still pays awesome long term

    • @KeepItFresh02
      @KeepItFresh02 2 месяца назад

      I saw someone I went to school with who is somewhat of a developer. He got laid off about a month or two after me in May/June2023. He got a job about a month ago. Im still looking. I think he got a job as a tech support? WITH a company ive interviewed at about 3 times since last year. Not once was I given an offer. I interviewed foe SWE positions. I found this to be so frustrating. Like it feels like im seeing people I know in my network get jobs so easily but im over here building a business, putting in so much work learning so much shit. But im not good enough apparently.

  • @deaddevil7
    @deaddevil7 2 месяца назад +6

    I know several places outside the US where you can make a good life in software without all this stress. But the fixation on $300k (and beyond) compensations is literally a carrot in front of hundreds of thousands of young minds. Also, I have no idea why so many americans keep going to expensive colleges in the US when you have WAY CHEAPER alternatives in other countries with the same quality or even better. You can't convince me that software engineering degrees in Utretch are not the same quality as Harvard, Princeton or the MIT.

    • @marzipan2555
      @marzipan2555 2 месяца назад +3

      If ppl in the us can't afford college, what on earth make you think living abroad is going to be any cheaper?

    • @deaddevil7
      @deaddevil7 2 месяца назад +2

      @@marzipan2555 I can assure you haven't looked deep enough. I won't reveal anything else so I don't add even more competition to college students of my home country.

    • @Bleilock1
      @Bleilock1 2 месяца назад +1

      ​@@deaddevil7 bro probably doesnt even know where utrecht is, feel free to ignore him lol

    • @jugendamthamburg-ggkonform381
      @jugendamthamburg-ggkonform381 2 месяца назад

      ​@@marzipan2555 Germany, Netherlands.. currently have relatively low-cost uni programs and also lower cost of living for uni students than does the US today. If you are a US military veteran on GI bill you can apply to the VA to get the uni approved for it and use it for uni in Europe. I did that. Switzerland, though, is very expensive in terms of living costs.

    • @fwefhwe4232
      @fwefhwe4232 Месяц назад

      @@marzipan2555 cost of living and education is far cheaper here in India. My engineering college (state subsidized) was about 1000 USD a year.
      Rent here for a 2bed, 2 bath apartment with pool, gym is around 400 USD a month. lots of fine dine restaurants which are affordable. Locally grown food, almost zero property taxes (less than 200 USD a year)
      Hence even with lower salaries of say 40k USD a year, an Indian developer lives a good life. Lots of whyte amrikans and europeans do retire here (in nicer gated communities)

  • @ChicagoJ351
    @ChicagoJ351 6 дней назад +1

    I’m employed and have been a dev for 25+ years. I have to get out of my job due to stress and the market looks so bad it doesn’t seem worth it to stay in the field.
    100s of applicants with lots of experienced people applying for jobs. Even if you have experience it seems there is very little chance to be hired.
    Time to freelance or start a RUclips channel. I hate to say it, hope I’m wrong, but tech just looks like a really bad field right now. Either that or people are over blowing this. When I start looking I’ll find out.

    • @bobbybero7452
      @bobbybero7452 2 дня назад +1

      @@ChicagoJ351 I’ve noticed people blow the tech market out of proportion since 2016.

  • @MereAYT
    @MereAYT 16 дней назад

    The way the onsite requirement is being used for stealth layoffs in fully remote-capable jobs is infuriating.

    • @honestduane
      @honestduane  15 дней назад +1

      Thing is, studies have shown that remote is better for everybody.

  • @forsaken841
    @forsaken841 2 месяца назад +10

    Learn to code….
    Oh wait.
    Learn to pick stuff up and build things I guess.

    • @zephyrr108
      @zephyrr108 2 месяца назад +1

      Thats the spirit 😂👍🏻

  • @askseptember
    @askseptember 2 месяца назад +3

    what about AWS? do you recommend or know if those courses help any type of value to resume or portfolio?

  • @vendettasnares
    @vendettasnares 2 месяца назад

    I literally have never seen a person using that search bar, and it's taking almost 1/5 of space on taskbar.

  • @fadsa342
    @fadsa342 2 месяца назад +11

    Completely anecdotal but H1B workers I know aren't really struggling. I live in a larger metro in NC and many of the H1B workers I know have strong community support including managers that to be blunt of discriminate against people not like them. Some in other areas (based on videos and posts I see) seem to be struggling a bit and in some cases are heading to Canada and in others back to India. As several major companies are ramping up there presence in India I've heard from a few people (including one person I interviewed who lives in the US but is moving back to India as soon as he finds work) they're moving back. A huge consensus, especially from those with young kids, grown kids or no kids is that they can take their saving from living here and a relatively high paying job back in India and live a good life.

    • @honestduane
      @honestduane  2 месяца назад

      ruclips.net/video/xxxm4hsRAAQ/видео.html

  • @erestorhalfelvan7676
    @erestorhalfelvan7676 2 месяца назад +14

    I'm getting my Associates next year for Web Development and Design. Maybe I should give up and try nursing or something.

    • @wombocombo7557
      @wombocombo7557 2 месяца назад +7

      Absolutely! You are 100% wasting your time and money on a web development degree. The company I work for transitioned our entire web development team a couple of years ago. My wife has that useless degree. Switch to nursing. My in law was an operations VP at a major hospital and he desperately needed nurses. Traveling nurses is a field too and both make a great salary.

    • @timgibney5590
      @timgibney5590 2 месяца назад +5

      Don't sweat it man. First off the IT industry is like the oil industry. It has booms and best and is bipolar. in 2 years those who are out of work will be permanently unemployable by HR or will have to change careers. Then employers will complain they can't find qualified applicants and the cycle repeats and demand surges. I am old at 47 and saw this in 1999 and 2009. Every 10 years it is horrible for 2 years then it gets back to normal. Then 7 years it is HOT! Go for it and do not be discouraged as 2026 will not be 2024.

    • @funicon3689
      @funicon3689 2 месяца назад +3

      definitely go into nursing

    • @timgibney5590
      @timgibney5590 2 месяца назад

      @@funicon3689 That will end too. As the boomers die off demand will drop. Everything is boom and bust

    • @mariodiana7327
      @mariodiana7327 2 месяца назад

      If you think you would like working in healthcare, go for it. But, don't believe me. Start looking for jobs in those two fields right now, just for "fun," and compare.

  • @istvanpraha
    @istvanpraha 2 месяца назад

    In addition to what other people are saying, the nature of work is also changing. I’m a “coder” to put it succinctly and I’m running around like a chicken with my head cut off, knowing everyone’s jobs better than they do. Then they still have people sitting around doing basic basic basic office work and those people barely know anything and don’t do much but we get treated equally

  • @logantcooper6
    @logantcooper6 2 месяца назад +5

    The Federal Reserve turned off the money spigot and companies are now being forced to be profitable or suffer the consequences. They can't just burn cash endlessly to pump valuations. If we can survive the recession, then eventually, the Fed will revert to quantitative easing, companies will go back to hiring, and the new cycle will begin. Its just a matter of time.

    • @Joe-ku1ko
      @Joe-ku1ko 2 месяца назад +1

      We did the quantitative easing to help with covid. If we need to do that just to save the economy, then this world is fucked.

    • @alals6794
      @alals6794 2 месяца назад

      No QE was to prop up the stock market. Remember, this is Capitalism, and the ruling elites will do anything and everything to save their own asses....QE goes back to the 2008 financial "crisis", or bad actions of the banksters.

    • @KazuhiraMiller-e7o
      @KazuhiraMiller-e7o 12 дней назад

      @@Joe-ku1ko QE was in place ever since 2008 and they were just starting to reduce QE when covid occurred.

    • @Joe-ku1ko
      @Joe-ku1ko 12 дней назад

      @@KazuhiraMiller-e7o Clearly not on the same order of magnitude if the markets and economy pumped so much that people are only feeling the pain after the past couple of years, right?

  • @publicalias8172
    @publicalias8172 2 месяца назад +3

    Oh they are VERY proud to be overtaking us overseas.. I see posts on that a lot on Indeed.

    • @mariodiana7327
      @mariodiana7327 2 месяца назад

      Oh, I got laid off a year ago and then tried to get my old job back from the employer previous to that. They put me through the grinder of multi-round interviews and assessments. On the day they told me no thanks, they laid off an entire team and moved the work to their newly opened office in Mexico-which they're very excited about, going by their LinkedIn posts. Then, some months later, they laid off some more people. U.S. tech is falling apart.

  • @gordonsrus
    @gordonsrus 24 дня назад

    I am glad I retired (database design and administration) three years ago after many years. The tech market is brutal now. I have a part time retirement job as a CNA. I work as many or as few hours as I want. It's rewarding and there is huge demand with an aging population.