top | item 47278426

Tech employment now significantly worse than the 2008 or 2020 recessions

1026 points| enraged_camel | 3 days ago |twitter.com

https://xcancel.com/JosephPolitano/status/202991636466461124...

https://bsky.app/profile/josephpolitano.bsky.social/post/3mg...

688 comments

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[+] mjr00|3 days ago|reply
In my experience, tech employment is incredibly bimodal right now. Top candidates are commanding higher salaries than ever, but an "average" developer is going to have an extremely hard time finding a position.

Contrary to what many say, I don't think it's simple as seniors are getting hired and juniors aren't. Juniors are still getting hired because they're still way cheaper and they're just as capable as using AI as anyone. The people getting pushed out are the intermediates and seniors who aren't high performers.

[+] teagee|3 days ago|reply
The chart in the tweet represents year-on-year growth. Based on these figures alone the actual number of people employed in tech is still really high, and the numbers can't just go up forever.

Also this only captures 6 industries, which is a narrow view of what would define "tech" these days.

Not to say that the job market isn't tough but this graph is a very narrow view

[+] roxolotl|3 days ago|reply
How’s it compare to 2000 though? Tech was ascendant in 2008 so not surprised to hear it didn’t do too badly then and in 2020 while people panicked tech again had a much easier time keeping people on remotely.

EDIT: posted below as well https://xcancel.com/JosephPolitano/status/202991636466461124...

There’s a longer term graph in the thread. We’ve got a long way to go before we hit 2000 numbers which is what I’d expected.

[+] tunesmith|3 days ago|reply
In Portland, there was a time in 2000-2002 where Nike and Intel had contract offers out to SW developers for $12/hour, and were getting slammed with applications.
[+] eikenberry|3 days ago|reply
Remember that the 2000 numbers are also out of a much smaller pool and the graph uses absolute numbers. So even if they were the same numbers in 2000 as 2020 it would have been a much, much larger percentage of all jobs.
[+] raw_anon_1111|3 days ago|reply
I was working in 2000 in Atlanta GA at boring old enterprises companies with 4 years of experience back then. If you were working for/targeting profitable non tech companies, the world was your oyster.

I was working at a company that printed bills for utility companies and had offers from banks, insurance companies etc. The world didn’t stop buying Coca Cola, flying Delta or stop buying stuff from Home Depot because of the dot com crash

[+] mariopt|3 days ago|reply
For the last 2 years I can't even get an interview despited having 14 years of experience and being up to date with development trends, libraries, languages, AI tooling, etc.

I don't think the market is flooded with new devs as many state, I think we are in a deep silent crisis

[+] windowshopping|3 days ago|reply
I've been able to get something like 25 interviews in 2 months despite having long gaps on my resume and nothing especially impressive to my name. So I suspect you might be going about this wrong. I haven't gotten an offer yet, that's another story, but getting the interviews hasn't been hard. Applying in NYC/SF, senior-only.
[+] markus_zhang|3 days ago|reply
IMO it’s just depression for tech. Back then 33% of total employment got gutted, which is probably better than tech today or in a few years when big techs start AI gut.
[+] konschubert|3 days ago|reply
I don't know. The company I work at is inviting candidates for interviews, and we have to make compromises because we can't get the exact profiles we are looking for. Something about your comment does not add up to me.
[+] austin-cheney|3 days ago|reply
That sounds like poor signaling in that you think you are doing all the correct things but all evidence points to the contrary.

Instead of focusing on the trends you might try to look at qualifications like education, certifications, security clearance, skill expertise, open source contributions, and so forth. Trends are a gravity. I recommend distancing yourself from the crowd to uniquely stand out. Then as edge case opportunities open recruiters come to you.

[+] ptrrrrrrppr|3 days ago|reply
Sometimes it looks like the longer you're looking for a job, the harder it gets for some reason. That's unintuitive for me, as you should be getting more confident in interviews etc
[+] TrackerFF|3 days ago|reply
To some recruiters, there's this sweet spot between 5 and 10 years experience where the applicant good / independent enough to hit the ground running, not too expensive, and still young enough to put up with company bullshit.
[+] gentleman11|2 days ago|reply
Also for me. I cannot even get interviews anywhere. Enjoyed a really senior role at my previous position
[+] y-curious|3 days ago|reply
A big problem we have is a the sheer volume of AI slop resumes, fake applicants and people trying to cheat on interviews. We had to close a req for SWE because we had so many “people” (read: automated applicants) clogging up the pipeline. You effectively need a referral
[+] janalsncm|3 days ago|reply
Wow, that stinks. Are you just doing freelance in the meantime?
[+] bluefirebrand|3 days ago|reply
I don't think it's very silent?

Maybe people just have their fingers in their ears but this has been a problem for years now

[+] dgellow|3 days ago|reply
Where are you located? What part of the industry?
[+] hackable_sand|3 days ago|reply
Silent?

You guys keep trying to put a pillow over our face.

[+] dimgl|3 days ago|reply
Are you based in the U.S.?
[+] cmiles8|3 days ago|reply
Not dismissing that it’s a tough market for some but folks also need to learn how to read a chart. It shows a slight decline following a massive expansion.

The primary thing going on in the market right now is a lot of companies simply over-hired during the post Covid boom and they’re correcting for that.

[+] daheza|3 days ago|reply
I don't believe its over hiring I believe its offshoring. Blaming Covid after so many years doesn't make sense.
[+] dmix|3 days ago|reply
This has been pointed on HN about 50 times but the headlines keep coming.
[+] raincole|3 days ago|reply
Things look crazy around 2022 in hindsight.
[+] eranation|3 days ago|reply
In my very humble view, the mythical 10x developer can now be a 100x developer, and the 2x developer usually stays a 2x developer. We live in two parallel worlds right now. Some run an army of agents and ship somehow working and testable code, and some try to prove AI is not as good as them.
[+] mlsu|3 days ago|reply
I just can't get over how short and intense the period between 2021 and 2023 was. There was SO much hype, such stupendous hiring, in such a compressed timeframe. Within the span of like 9 weeks it went from full steam ahead to completely seized.

At the same time, the economy at large didn't seem to change very much.

Why did this happen?

[+] jokoon|3 days ago|reply
People constantly tell me "oh you're a dev it's easy to find work"

I'm a c++ dev, with excellent senior tests, but low experience, and no degree in France. 3 years without a job.

I yearn for a new pandemic.

Fortunately, I learned how to live without a job, found other things to do and how to live a life. Welfare is generous, and I have good savings.

Honestly I don't really want to work in software anymore. If there is a job offer and recruiters are calling me, I answer and I accept.

But I'm not applying to all positions I can see and I won't run after them.

[+] hshsiejensjsj|3 days ago|reply
> Fortunately, I learned how to live without a job, found other things to do and how to live a life. Welfare is generous

Oh to be French

[+] cyberpunk|3 days ago|reply
I’ve never really found there to be all that much of a market for specifically c++ developers. If you do decide to look for work more seriously I wouldn’t be too hung up on language, if you can code in one you can pretty much code in all of them, and I’ve never hired a developer for specific language skill outside of a few rare cases it’s something really specific we are trying to fix (e.g erlang or something), even then it wouldn’t be a complete showstopper.

YMMV but that’s coming from a guy who writes in at least 3 languages at current $dayjob.

[+] dlivingston|3 days ago|reply
Greater Boston area here. I've worked in C++ roles at two companies over the past three years and both times we were desperate for competent C++ developers. Similar trends for both companies: we had positions open for ~six months, interviewing many candidates, and being disappointed at their quality. We eventually filled the positions (about a half-dozen in total) but it was not easy. My current company, but different team, still has a quite a few recs out for C++ devs.

TL;DR - at least in my little bubble, the C++ systems engineer market has been consistently hiring people, though good engineers are hard to find.

[+] make3|2 days ago|reply
You could try to get a degree on the side (not saying necessarily in comp sci) just to make your life more resilient to bad economic situations, and maybe more interesting
[+] ipnon|3 days ago|reply
I think you are smarter than me because I continue to work in computer programming even when there is no money to be made!
[+] loeg|3 days ago|reply
Yeah but like... area under the curve. All of those jobs and more were added very recently, 2020-2022. It's a major retreat from that growth, but the trend since, say, 2008 or 2010 or 2018 is still positive growth. 2020-2022 was just a huge shift due to a very weird Covid/ZIRP market.
[+] heymgr|3 days ago|reply
I have PayPal, Amazon, LinkedIn, <<mid size company>>, <<mid size company2>>, <<startup>> as a manager on my resume. I didn't get a call back after applying for two weeks.

I got 4 or 5 standard rejections.

I have non-English name so that definitely hurts. I have AP EAD which is a stage between H1B and Green Card and I still require sponsorship. It's complicated but I can't just switch to EAD right away.

It's not just engineers. It's managers and experienced people as well. Don't believe top comment that it is bimodal. Unless you are supertar (99.99%) it becoming hard to get noticed. I thought of going back to IC role but it is hard to pick up and do leetcode all over again. It is extremely hard with a special needs kids at home.

Any suggestions or recommendations for me?

[+] ppeetteerr|3 days ago|reply
Those are raw numbers. I would look instead at the job changes over total employment numbers. I don't have the numbers but I would wager we have many more people working in tech today (overall) than we did in 2008.

Also, that spike in 21/22 really did a number on people's expectations. The one constant in this industry is its cyclical nature.

[+] mrweasel|3 days ago|reply
Maybe I'm reading the graph wrong, but the decrease comes after years on continuous growth, so total employment numbers in tech should still be absolutely massive, compared to 18 years ago?

If it continues, then yes it could be bad, but so far it seems like a correction for over-hiring in 2021 - 2023. Seems a little weird to be focusing on a decline in 2024 - 2026, without addressing the large increase right in the years before.

[+] oblio|3 days ago|reply
Asked Gemini quickly for 2000 and 2025 numbers (US).

Tech employees: 5.5m vs 9.9.

Software developers: 0.68m vs 3.2m.

Different ball game.

[+] palmotea|3 days ago|reply
The ideal software engineer will code himself out of a job and be happy about it.

Be that ideal. The shareholders are counting on you!

[+] zadikian|3 days ago|reply
Remember it's the first derivative. The title and chart suggested at first that there are fewer tech jobs vs the start, but really it must be way more.

I still kinda want to see this going back to 2000. That must be the biggest tech crash by far. 2008 and 2020 were overall market crashes, but tech was booming.

[+] thcipriani|3 days ago|reply
This has a misleading title.

This chart shows that the rate of year-over-year, month-by-month change is worse than 2020.

But the number of tech jobs has grown by 12% since April of 2020 (2.34M vs. 2.63M). Heck, there are more tech jobs today than at the beginning of 2022 (2.61M), even.

Job market sucks, trend is bad, but post title is a misnomer for what this chart shows.

(Numbers based on a quick grab BLS.gov data of CES6054151101 (Custom Computer Programming Services) + CES5051800001 (Computing Infrastructure Providers, Data Processing & Web Hosting) + CES6054151201 (Computer Systems Design Services)---couldn't find other ones quickly and gave up :))

[+] givemeethekeys|3 days ago|reply
A look at the number of replies to "Who's Hiring?" each month over the past year or so compared to prior years made it loud and clear. Traditional tech has been in a recession for a couple of years, at least!
[+] mahatofu|3 days ago|reply
It’s also worth noting that the economy and job market as a whole is in a recession.
[+] kittikitti|3 days ago|reply
Although the graph lists BLS data as the source, it's hard for me to find the specific datasets that back it up. It's March 2026 and the graph indicates it would encapsulate 2025. In fact, the "Software Development Job Postings on Indeed in the United States" indicate something different, https://fred.stlouisfed.org/graph/?g=1T60O

I was able to find the following:

- Software Publishers https://fred.stlouisfed.org/series/SMU06000005051320001

  - Regional data available only, numerous national statistics are discontinued

  - California region matches up, but places like Boston don't https://fred.stlouisfed.org/series/SMU25000005051320001

- Computing Infrastructure Providers https://fred.stlouisfed.org/series/CES5051800001

  - Matches up perfectly, no notes here.

- Computer Systems Design https://fred.stlouisfed.org/series/CES6054150001

  - However, the graph in the tweet doesn't include the February data (even though it claims "recent") which shows an increase

- Web Search Portals https://fred.stlouisfed.org/series/CES5051900001

  - Matches up, but February data isn't in the graph which shows an increase from January

- Streaming Services https://fred.stlouisfed.org/series/SMU06000005051620001

  - Doesn't include January or February 2026 data, doesn't match up with graph in tweet
I wasn't able to find the following: - Custom Computer Programming Services

There are numerous open questions in this analysis which I would need to be addressed before drawing any conclusions. My gut feeling would love to accept it at face value but I never trust my gut.

[+] Trasmatta|3 days ago|reply
Purely anecdotal, but I'm a senior engineer with about 15 years of experience and a decently impressive resume. In the past, I almost always get to at least the interviewing stage, and have frequently received multiple offers at the same time. Recruiters used to spam me constantly.

I haven't heard from a recruiter in probably 6 months. I recently put my feelers out and applied to a handful of positions I was qualified for, and got rejection letters from all of them.

[+] Joel_Mckay|3 days ago|reply
Try only including your last 2 positions, as most senior staff tend to scare insecure brogrammers. They probably still won't hire, but you will get more interviews.

There are also a lot of people posting fake jobs for feeding LLM datasets, running scams, and bidding down labor costs. =3