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by gilbetron 737 days ago
You can see from this graph that IT peaked at the end of 2022, and has stabilized at about 80k less positions since then. That means there are roughly 80k people around that could still be looking for IT jobs. Some of them probably have switched to other fields, but it still a lot of people sloshing around and jumping at job openings.

I don't think there's an end in sight for that issue, and it likely could get worse if the AI surge alleviates (or pops entirely!). It sucks, but I'd look in non-traditional IT places (government, universities, non-tech companies) as many of them are still growing quickly!

Graph: https://wolfstreet.com/wp-content/uploads/2024/06/US-employm...

2 comments

That looks just like a regression to the trend line - connecting the two endpoints on the graph correlates on par with the growth from 2015-2020. The recent hiring boom was an overcompensation from the 2020 covid dip, and now we're back to business as usual.
I wonder how many of those positions were filled by people taking multiple jobs. While I don't think its common, I have heard enough stories. And 80k is roughly 2% of the total 3.1 million on that graph. I wouldn't be surprised if 1 out of 50 people were double dipping. Of the engineers I know, and the ones I know who were doing this, this seems about the correct magnitude.