A new ADP Research Institute report shows employment for software developers has declined from January 2018. Data elsewhere show fewer opportunities for people to fill software development and tech roles after the US labor market is no longer as hot as it was a few years ago.
“The tech job market has undeniably slowed since the end of 2022, cooling after a few years of rapid hiring during the pandemic recovery,” Daniel Zhao, Glassdoor’s lead economist, said in a written statement. “Rising interest rates, the end of pandemic-era trends and a slowing economy overall has crimped demand for tech workers.”
Apparently it’s hard to get hired in software. Meanwhile, some of the worst software ever made is being written today. Have you tried using literally any software recently? We’re in this “barely good enough to function while being heavily supplemented by tech support” phase. I guess capitalism breeds incompetence as long as it’s still profitable?
A lot of senior people have fucked off from corporate life to consult and do their own thing and companies have laid off more expensive senior developers with decades of experience in favor of the young and talented and of cheap H1Bs. This is the result.
I remember applying for an internship at a company which app had like 1-2 stars on App Store and was nearly unusable. There were like 100 people applying there. And it wasn’t some cool startup or whatever, just a regular bank.
