Is the job market finally starting to recover?
from cat_fishing@feddit.online to programming@programming.dev on 16 Jun 14:04
https://feddit.online/c/programming/p/1768235/is-the-job-market-finally-starting-to-recover

#programming

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KissYagni@programming.dev on 16 Jun 14:59 next collapse

Here is my “Tuesday evening 15min before leaving work analysis”.

Before COVID, IT market was stable. After COVID, there was WAY too many IT offers. Then, market collapse supposedly because of AI: <img alt="" src="https://programming.dev/pictrs/image/d389a2ac-6476-4117-a874-3f60f6876e6c.png">

(Source: fred.stlouisfed.org/series/IHLIDXUSTPSOFTDEVE)

In blue line, actual curve. In green line, what should have been IT market without COVID and AI.

For IT market to get back to equilibrium, red area should be equal to blue area. If I do some patchwork, I ended up with this:

<img alt="" src="https://programming.dev/pictrs/image/ac7beac8-7480-475c-bcc9-d09a1b52f714.png">

So my conclusion is that it indeed slowly starting to recover and should be back to normal ~mid 2027.

Time to go home, bye 😁

cat_fishing@feddit.online on 16 Jun 15:09 collapse

Solid explanation. Thank you

trashboat@piefed.social on 16 Jun 16:29 next collapse

Does this analysis adjust for all the BS listings on Indeed? At least from my past experiences reading and applying on online job boards, I see a lot of job postings that are scams or advertisements backed by no real intention of actually hiring anyone

Wiz@midwest.social on 16 Jun 16:54 collapse

Yeah, scam listings to harvest and sell your personal information are way up. 🫩

LodeMike@lemmy.today on 16 Jun 17:30 collapse

“The database has more rows. This is good for business.”