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a2xd94 | 2 years ago

Cool data. Now for the real-life implication and meaning of those nice numbers, for the SW industry :

- low unemployment + high employer demand for new positions + high wage growth = hot job market

  - where the market was in 2016-2021
- low unemployment + low employer demand for new positions + low wage growth = lukewarm job market

  - where the market was in 2022
- low unemployment + medium employer demand for new positions + low wage growth = warm job market

  - where the market is currently

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