It's Q4 2025: Inflation is at 2% Fed has rates at 0-0.25% NASDAQ at all time high FAANG hiring like madmen to fill their [flavor of the season] ranks Blind filled with SWEs with multiple 400k offers and gloating Nature is finally healing
The job market is obviously worse with 300,000 techies laid off in the past 3 quarters. In 2020, after a one quarter downturn, hiring rose like a rocket. It will be 3-5 years until normal hiring resumes with A1 affecting jobs in the next decade.
You mean it takes 3~5 years to back to 2019 level hiring?
It’s poo poo
Not good. Today’s report was not good. Fewer open jobs vs. last month. The Fed is 😃.
What're you supposed to do in this market
Idk how people cannot hv basic intuition. Huge no. CS grads available on the market from past 2-3years. chatGPT 4 is boosting productivity massively. Why do u think crazy shit hiring happens after 2years ? Google , Microsoft are cash rich companies, there didn't layoff due to high interest rates. They felt many people were coasting and company was overstaffed. 2010-20 golden tech era is gone...