This is a most excellent place for technology news and articles.
Damn. Didn’t know about that at all. I’m genuinely glad the direction where I live (Germany) is the opposite, that way more people are needed and searched for than there is demand.
(I would have enough private projects without a job though lol.)
Nope,same story here,just not as extreme: https://www.heise.de/news/Wirtschaftsinstitut-IT-Fachkraefte-sind-in-Deutschland-deutlich-weniger-gefragt-10544518.html
From by experience, that doesn't exactly equate to forced unemployment here. I do know of a friend from computer science in the UK who struggles to get past any interview, but I don't perceive the market to be this hostile in Germany, even if not quite as vast as in the past.
Because at the moment we don't have a "hostile" job market yet - as written in the article, the market is only rapidly cooling down. As the market before was massively undersaturated it just means that people currently have less choices - but they still have their share of opportunities. But tbh, pure anecdotal, it pretty much reflects what I hear from graduates atm. The market for newly graduated has cooled down definitely, unless they have a ITsec background or have a fair share of experience already.
I was going to study computer science. Instead I got a general AA and got a helpdesk job. Then A+ and a better job and a Net+ and an even better job and I'm not well off by any means but my family has a roof over our heads and food on the table and what's more I am still employed and don't have student loans so it's looking more and more like that's the right call and the best way to get into tech.
I've been saying that the market is oversaturated for YEARS now but this just enrages tech bros into insulting me personally. It's very strange.
I always tell me CS/CE/Info students that they should focus on non profits, government agencies, etc. where at least employment will be stable.
An unfortunate but completely predictable result of the debt manufacturing industry. Widespread and getting worse.
In case anyone is not aware:
Are you currently employed?
Have you actively sought a job in the last 4 weeks?
If the answer to both of those questions is 'no', then congrats, according to the BLS, you are not unemployed!
You just aren't in the labor force, therefore you do not count as an unemployed worker.
So yeah, if you finally get fed up with applying to 100+ jobs a week or month, getting strung along and then ghosted by all of them...
( because they are fake job openings that are largely posted by companies so that they look like they look like they are expanding and doing well as a business )
... and you just give up?
You are not 'unemployed'.
https://www.bls.gov/cps/definitions.htm#unemployed
You are likely a 'discouraged worker', who is also 'not in the labor force'.
https://www.bls.gov/cps/definitions.htm#discouraged
.........
Also, if you are 5 or 6 or 7 figures in student loan debt, and... you can only find a job as a cashier? waiter/waitress? door dash driver?
Congrats, you too are not unemployed, you are merely 'underemployed'.
But also, if you have too many simultaneous low paying jobs... you may also be 'overemployed'.
.........
But anyway, none of that really matters if you do not make enough money to actually live.
In 2024, 44% of employed, full time US workers... did not make a living wage.
https://www.dayforce.com/Ceridian/media/documents/2024-Living-Wage-Index-FINAL-1.pdf
(These guys work with MIT to calculate/report this because the BLS doesn't.)
You've also got measures like LISEP...
Which concludes that 24.3% of Americans are 'functionally unemployed', by this metric which attempts to account for all the shortcomings of the BLS measures of the employment situation.
Using data compiled by the federal government’s Bureau of Labor Statistics, the True Rate of Unemployment tracks the percentage of the U.S. labor force that does not have a full-time job (35+ hours a week) but wants one, has no job, or does not earn a living wage, conservatively pegged at $25,000 annually before taxes.
So basically this is a way to try to measure 'doesnt have a job + has a poverty wage job'.
.........
A more useful measure of the actual situation for college grads, in terms of 'did it make any economic/financial sense to get my degree?' would be 'are you currently employed in a job that substantially utilizes your specific college education, such that you likely could not perform that job without your specific college education?'
Something like that.
It sure would be neat if higher education in the US did not come with the shackles of student loan debt, then maybe people could get educated simply for the sake of getting educated, but, because it does, this has to be a cost benefit style question.
I'm glad I never took it. Been employed in the field for thirty years.
If businesses continue believing they can vibe code some intern into success while drop kicking talent to the curb to save a buck, those CS unemployment numbers will fall off like a lemming!
To the quote in the summary - might be because debugging dozens of layers of bullshit is hard. Anyway, debugging is about sitting for hours and reading logs and looking for weirdness, and looking at dumps, and what not. It's a very different skill from "being the next Zuckerberg". Also Zuckerberg is a psychologist most of all, his computing knowledge is not that unique. Network effect is more important than skill and knowledge here.
The one and only time I took compsci at a junior college just taught the basics of Office
Yep. Been saying it for years because I was laid off over and over. Do not enter computer science.
Become an welder, electrician, etc. ANYTHING but a computer scientist
Also consider a healthcare career. As a teenager, I wanted to do computer science/engineering, and sometimes I do wish I had stayed on that track. But now, as a nurse, I could get a job in any state in the US by tomorrow. I dare you to try to find a hospital that doesn't have open nursing positions. Even when the economy goes down, people still get sick. Even if society collapses, the knowledge/skills will be useful.
And if you don't want to change diapers or deal with blood, there are still options; I'm in psychiatry and rarely have to deal with either.
Me reading this as a computer scientist
Chat, are we cooked?
The trades will ALWAYS be in demand. No matter where society goes, as long as it doesn't collapse we will need running water, electricity, toilets, transportation, etc. I went to college for bio, switched to CS, graduated with business management degree and now I'm a mechanic. The hope is one day run my own garage perhaps, but untill then I love comfortably enough and know I can walk out tomorrow and find another job before I make it home.
The fairness meter at the bottom of the article is absurd. “Unfair left leaning” like yes, how dare the libtards use statistics to show how broken our economy is
Give it a minute. Pretty soon, they're going to need a lot of people to fix all the vibe-code that's currently being spewed out by AI. That'll be a monumental task.
Just found out someone in my team has been vibe-coding VBA in Excel that our team is now using. I asked who was going to maintain it and she didn’t know what I meant by maintenance.
Reminds me of web development in the Dotcom days, cleaning up Dreamweaver HTML garbage.
I almost forgot about Dreamweaver, those were the days.
The industry went to shit after non-nerdy people found out there could be a lot of money in tech. Used to be full of other people like me and I really liked it. Now it’s full of people who are equally as enthused about it as they would be to become lawyers or doctors.
