Almost all of them have been looking for a job since past 6 months.
As of now all of them are not employed since last 6 months or so.
Earlier these same people used to get offers left, right and center.
HR people were ready for interviews with them even at mid-night. And now, those same people won't even get replies from anyone.
And they all have varying tech, some in Django, some in React, some in DevOps, some in pure python, some in frontend. etc
Also, I know for a fact that these people are not bad at interviews, I've worked with them, I've seen them interview at other places. I've seen them grab those jobs and be good at what they do.
I am wondering, is the job market that bad ?
I thought it was bad only for freshers, but it looks like that everyone is struggling.
Things I've learned in the process (and from being on interview panels myself)
1) I tend to stay in a job a long time (5 years plus) and this is highly valued by interviewers
2) in tech interviews you need to constantly remind yourself that you are not really coding, you are demonstrating knowledge. Talk through every thing you do, explain why you did it, or what an alternative way could be.
3) referrals really help. I've gotten interviews from referrals when there wasn't a position advertised yet
4) every place out there is doing something with AI. Put a bit of python on your CV and play with ChatGPT, ask them about it, work in into conversation that you're learning it.
5) I put side projects on my CV and I get asked a lot about them. If you have something semi serious, employers will listen.
I believe this is an EU thing for us. I had informal discussion with friends from US/CA, and there, it is somehow seen as stagnation and something something about pay not improving.
Higher interest rates mean companies are aggressively reducing headcount.
Insanely high immigration means statistically for every 1 job being created we're importing 1.4 workers.
Job vacancies across the economy are down 16.4% yearly change according to ABS.
Also according to ABS, Job vacancies, change from February 2020 to May 2024, for IT is an increase of just 1.8%.
In summary, jobs market is getting ugly out there, triply so for IT.
The simple solution to this & the housing crisis is to restrict immigration, but instead we have record immigration because without it we'd be in recession(our economy grew 0.1% last quarter, GDP per capita went down).
Australia has 1/3rd the population of the UK on a literal continent.
In Ireland we also have a housing crisis, because ironically all of our young construction workers have emigrated to Australia because there's a huge construction boom there. If you restricted immigration you'd have a bigger housing crisis
See the case study of a housing development of 52 flats that was prohibited because it’d harm the view out of a pub garden.
https://m.independent.ie/business/irish/smithfield-eight-sto...
Dead Comment
Sometimes it actually is immigration that is causing problems.
No, because the NIMBYs don't want that, and if the local government has power over whether dense housing is built or not, the NIMBYs will be sure to get their local legislators to prevent it.
Here, in France, the job market is really slowing. More than before, companies are looking for cheap people... so they let go people with some experience and try to recruit engineer out-of-school to replace them. Obviously it doesn't work really well... neither for the juniors (too much pressure/expectation) nor for the rest of the team (knowledges & experience loss, need to teach the basics of the company to the new...)
ChatGPT is sometimes a bit used by junior to help them "day to day"... but not really more than "google / stack overflow" 20 or 30 years ago.
I do agree that they want cheap people though. They rarely offer me more than 43k (which is ok in france in the region I live in but really not stunning either). I have friends that earn 70k-80k (really good in france) and they get called by headhunters for similar position but for 40k, its silly.
My background is in Physics but I've worked on software in the Engineering industry now for 10 years nearly. My most recent project at work drew on maths I used in my doctorate (various bits of Fourier analysis applied to mechanical systems). Not that someone who hadn't got my background couldn't do it but I could jump on that project and finish it in 2 months and I doubt anyone else in my team could have picked it up and done it in less than 6-9 months just because of the research and needing to understand the maths + algorithms.
I regularly get contacted by companies working in the same or adjacent domains, whereas some of my more 'pure' software friends are hearing nothing at the moment.
I'm sure down the road that time in finance will probably give her a leg up in finance related tech too. Non tech experience can definitely be a boon
It's fun to reduce a job to "the grind" but sometimes dependable income and benefits are better than freedom and risk
what did you do? Consulting or your own product/startup?
I now have to learn other talents to make me relevant. Not entirely sure what that is yet, but I feel a sense of urgency
Companies are treating it as a crime to ask for remote work.