Isn't "tech", specifically software, in perpetual meltdown? I'm gen X. My first job out of uni, the company collapsed 2 weeks before I'd finished my internship. The next one lasted 8 months before going into administration.
Snark aside, yes, that's true to some degree. It's also stifling to not be able to get stuff done.
I'm being a bit snarky. I've known people who mostly liked working for a national lab but, like academia, it's not really a panacea.
If you started your career 2012, for the last 10 years, Tech has always been going up and up, (compensation, job opportunities), etc.... this is the first time many have seen a true tech downturn.
And this is a serious one. It is starting to look a bit worse than 2008-2009 slowdown, and getting closer to the 2001 one. (it is somewhere in between).
I don't know what they're looking at, but I suspect there will be some fallout as we find out how many complicated investment vehicles were wrapped up and set on top of cryptocurrencies.
There are jobs out there, just not in the 100x P/E companies. Infrastructure, green energy, construction, and labor are still hiring like crazy.
I'm putting my money where my big mouth is and loading up on stocks, we'll see how it goes
Agreed. The job market was growing remarkably since 2012, especially in tech.
> And this is a serious one. It is starting to look a bit worse than 2008-2009 slowdown
Not sure if I agree with you there... at least not yet.